Author: Jordan

The Intermediary Mortgage Lenders Association (IMLA) has published a guide to help mortgage advisers understand and explain mortgage rate pricing. The guide, which accompanies a report, explains how swap rates – rather than the Bank of England’s base rate – inform the pricing of fixed rate mortgage products. The IMLA said this is contrary to what many borrowers assume and is not an easy thing for mortgage advisers to explain – something its two publications have been designed to address. How lenders fund fixed-rate mortgages: Swap rates explained was written by Rob Thomas, principal researcher at the IMLA and…

MONTREAL, Quebec – June 12, 2026 – Aya Gold & Silver Inc. has signaled a significant strategic evolution following its Annual General Meeting (AGM), appointing a new Chair and achieving a landmark 50% female representation on its Board of Directors. The outcomes of the meeting, held today, provide a clear growth signal, indicating a deliberate move to strengthen governance and deepen local expertise as the company accelerates its expansion in Morocco. While shareholders overwhelmingly approved all key resolutions, the AGM was more than a routine corporate proceeding. It marked a pivotal board transformation, highlighted by the appointment of Ghislane Guedira…

The prepaid card market ensures convenience, security, and financial flexibility for consumers and businesses. It includes solutions such as open-loop cards, closed-loop cards, payroll cards, gift cards, and travel cards, issued by banks, retailers, and fintech companies. With rising demand for cashless transactions, growing e-commerce and retail penetration, stringent regulatory standards for digital payments, and advancements in contactless and mobile-enabled payment technologies, the market continues to expand across banking, corporate, government, and consumer segments globally. PORTLAND, Ore., April 13, 2026 /PRNewswire/ — Allied Market Research published a report, titled, “Prepaid Card Market by Offering Type (General Purpose Reloadable Card, Gift…

Gatehouse Bank has announced that it has reduced rental rates by 0.10% on selected buy-to-let mortgage products. The cuts apply to two and five-year fixed-term buy-to-let products at 65% finance-to-value (FTV), covering standard and green options for individual applicants as well as UK-registered SPV limited companies. The reduced rates also extend to landlords seeking buy-to-let finance for houses in multiple occupation (HMOs) or multi-unit freehold blocks (MUFBs). Following the reprice, the two-year fixed rate at 65% FTV now starts from 3.74%, while the five-year fixed rate at the same FTV starts from 5.20%. For HMOs and MUFBs at…

How much money is a trillion dollars?published at 16:05 BST16:05 BSTDaniel ThomasBusiness reporter As we’ve been reporting, if share sales in SpaceX reach or exceed the company’s suggested price of $135 (£100), founder Elon Musk will become the world’s first trillionaire. Let’s breakdown what this means: A trillion is a thousand billion. That’s a one followed by 12 zeros. 1,000,000,000,000. But how does this unimaginable sum compare with some real life things we actually know the value of?To put it into context, the personal wealth of King Charles is thought to be less than $1bn (£740m), while the world’s most…

Topline Gold and silver are making gains Friday morning, the first time in nearly a week the precious metals haven’t shed value, potentially marking an end to their longest losing streak in months, though both metals are expected to remain volatile amid the Iran war and expectations of future interest rate hikes. Gold bullion can be seen after being removed from casts at the ABC Refinery smelter in Sydney on April 29, 2025. (Photo by DAVID GRAY / AFP) (Photo by DAVID GRAY/AFP via Getty Images) AFP via Getty Images Key Facts The price of silver is about $67 as…

Jun 12, 2026, 9:59 AM ETDow Jones Industrial Average Index (DJI), SP500, COMP:INDADBE, SPCX, US10Y, US2Y, US30Y, ARMBy: Jason Capul, SA News EditorAlexSecretWall Street’s major market averages are mixed on Friday as traders gear up for the highly anticipated SpaceX (SPCX) initial public offering. The blue chip Dow (DJI) was +0.2% the benchmark S&P 500 (SP500) was near even, and Source link

Gatehouse Bank has reduced rental rates on selected Home Purchase Plan and buy-to-let products for UK residents by 10 basis points (bps). The changes apply to two-year and five-year fixed-term Home Purchase Plans at 65% and 80% finance-to-value, as well as two-year and five-year buy-to-let products at 65% FTV. The reductions include standard and green products for individual applicants and UK-registered SPV limited companies. Gatehouse said the lower rental rates will also apply to customers seeking buy-to-let property finance for houses in multiple occupation or multi-unit freehold blocks. Following the reprice, Home Purchase Plan rental rates start at 5.99% for…

Aya Gold & Silver Inc. MONTREAL, Quebec, June 12, 2026 (GLOBE NEWSWIRE) — Aya Gold & Silver Inc. (TSX: AYA; NASDAQ: AYA) (“Aya” or the “Company”) is pleased to announce that all nominees listed in the management proxy circular were elected as directors of Aya at its annual general meeting of shareholders (“AGM”) held today. A total of 72,780,231 common shares or 50.77% of Aya’s issued and outstanding common shares at the record date were represented in person or by proxy at the AGM. Detailed results are as below: Director Nominee Votes For % of Votes For Votes Against %…

Primark has announced the appointment of Lucy Slinger as its chief financial officer.Slinger joins the clothing and homeware retailer from Ingka Group, where she served for over five years as deputy chief financial officer. Prior to joining the world’s largest Ikea franchisee, she spent more than two decades at Shell in a range of senior finance leadership roles, including financial reporting, corporate finance and as chief financial officer of the company’s global aviation business. In her new role, Primark said Slinger will play a “critical role” in enabling the firm’s growth strategy as it looks to expand internationally following its…