Finance Charity Warns National Insurance Increase Could Jeopardize Services February 11, 2026 Oguz Simsek A charity supporting children with special educational needs and disabilities (Send) has stated that an increase in the National Insurance rate for employers could “break us”. Family Voice Peterborough (FVP)…
Finance Regulators Clear Co-operative Bank Acquisition by Coventry Building Society February 11, 2026 Oguz Simsek Regulatory approval has been granted for Coventry Building Society’s £780 million acquisition of the Co-operative Bank, with the transaction set to be finalized on 1 January. This agreement, initially disclosed…
Finance Cheshire East Council forecasts reduced deficit amidst warnings of potential bankruptcy February 11, 2026 Oguz Simsek Cheshire East Council projects a smaller financial deficit for the current year than initially anticipated, though a councillor expressed that the authority is “crossing its fingers” to prevent what would…
Finance Dumfries and Galloway Council Seeks Recovery of Moat Brae Project Funds February 11, 2026 Oguz Simsek Dumfries and Galloway Council has submitted a claim to recover the financial support it extended for the renovation of the mansion that served as an inspiration for JM Barrie’s Peter…
Finance Bitcoin Surpasses $80,000 Record as Trump Approaches US Congressional Control February 11, 2026 Oguz Simsek Bitcoin’s value has surpassed $80,000 (£62,000) for the first time in its history, following Donald Trump’s conclusive win in the recent US election. This development occurs as the Republican Party…
Finance Lloyds Bank International Branch in Ramsey Scheduled for February Closure February 11, 2026 Oguz Simsek Lloyds Bank International is set to close one of its two remaining dedicated branches on the Isle of Man next year, attributing the decision to a decline in usage. This…
Finance Not-for-profit bank enters administration February 11, 2026 Oguz Simsek Hampshire Community Bank, a not-for-profit institution established in Winchester in 2014 to provide loans to small businesses throughout the county, has entered administration. The bank had committed to reinvesting half…
Finance Moody’s Lowers Southern Water’s Credit Rating to Non-Investment Grade February 11, 2026 Oguz Simsek The credit rating agency Moody’s has reduced its assessment of Southern Water, thereby exposing the scrutinized utility company to increased financial risk. The provider, which delivers services across Hampshire, the…
Finance Nomura CEO and Executives Reduce Pay Following Employee Charges February 11, 2026 Oguz Simsek The chief executive of the Japanese financial institution Nomura has implemented a temporary reduction in his salary after a former staff member faced charges including robbery of bank clients, attempted…
Finance Inheritance Tax Cap Expected to Affect Northern Ireland Farms February 11, 2026 Oguz Simsek Andrew Muir, the Agriculture, Environment and Rural Affairs Minister, stated that the budget’s decision to cap Agricultural Property Relief for inheritance tax at £1 million would have a detrimental effect…