‘Exhausted’: $5.3b in business loans tied to house, owners drowning in debt

‘Exhausted’: .3b in business loans tied to house, owners drowning in debt

Businesses are incurring crippling costs across the board that is having major impacts. Photo / Getty Images About $2.2 billion of business loans secured by residential mortgages is due to be re-fixed within the next year with concerns rife for owners crippled by debt. The news comes as rising wages, inflation, increased costs, a devalued … Read more

Big investors call on UK Plc to improve mental health

Big investors call on UK Plc to improve mental health

People relax in the sunshine on the banks of the River Thames, with the City of London financial district in the distance, in London, Britain June 16, 2022. REUTERS/Henry Nicholls/File photo Sign up now for FREE unlimited access to Reuters.com Record LONDON, July 8 (Reuters) – Investors representing $7 trillion in assets have written to … Read more