Author: Jordan

Coventry for intermediaries has reduced rates across a range of owner-occupier and buy-to-let mortgage products, with the new deals available from today. Residential rates have been cut by up to 12bps, while buy-to-let mortgage rates have come down by up to 10bps. Several of the revised products are aimed specifically at first-time buyers and include £500 cashback. The highlights among the new deals are: A 5.24% two-year fixed rate to 30 November 2028, at 90% LTV, with no fee, available to first-time buyers with £500 cashback A 5.35% five-year fixed rate to 30 November 2031, at 95% LTV,…

For small and medium-sized enterprises (SMEs), managing company spending has become more complex in 2026. Hybrid work, international suppliers, subscription-based software and distributed teams have all changed how businesses control expenses. As a result, finance teams are increasingly comparing traditional corporate credit cards with newer solutions such as the prepaid business debit card to see which fits their needs more effectively.  Both options can support day-to-day operations, but they function very differently when it comes to risk exposure, spending control, cash flow management and employee oversight. For growing businesses, choosing the right structure is not just about convenience as the decision can directly affect financial visibility and operational…

Bull market holds strong as AI stocks climb, energy fears grow Fox Business Source link

Sliver of hope Nepali Times Source link

GB Bank has launched a buy-to-let (BTL) and bridging product range, a new step for the bank which has been known for its bespoke approach to lending. The new core BTL range includes two-, three- and five-year fixed rates, with LTV options available between 65% and 75%. Rates start from 4.94%, with loans available from £500,000 to £3m, and a 0.75% procuration fee payable to brokers. GB Bank’s bespoke proposition considers loans between £3m and £20m. Nick Allen, head of marketing, product and proposition at GB Bank, said the lender had “built our reputation on understanding complex lending cases…

Binance is moving beyond cryptocurrency to allow users to trade stocks and exchange-traded funds (ETFs). Starting Monday (June 1), users will get access to upwards of 7,000 U.S. stocks and ETFs on its app, along with crypto tokens, the world’s largest crypto platform said in its announcement. “Today’s users don’t think in silos. They want access to multiple markets, flexible trading hours, and a platform that fits how they already manage their finances,” the announcement said. “Stocks trading on Binance is designed for both crypto-native users looking to start trading stocks and stock traders seeking a more unified, global investing experience. Whether…

Americans’ understanding of basic financial concepts has fallen to a 10-year low, raising concerns that households are becoming less prepared to manage debt, savings and retirement decisions, according to a new study from investment giant TIAA and Stanford University’s Global Financial Literacy Excellence Center. In 2025, U.S. adults correctly answered only 47% of the 28 questions used to assess financial literacy, down from a high of 52% in 2020 and the lowest score in the decade since the survey began. The decline was driven by a growing share of Americans with very low financial literacy, which has jumped to 25% this…

Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has told the Minister of the Federal Capital Territory (FCT), Nyesom Wike, that the electorate in Rivers State is intelligent enough to decide the outcome of elections in the state. The former vice president added that no individual, regardless of influence or access to federal power, can dictate how an entire state will vote. Wike, a former governor of the state, had on Saturday vowed that Atiku would not secure up to 10 per cent of the total votes cast in the 2027 presidential election in Rivers State. He remarked…

  In both cases, cards will continue to be recognized until their expiration or until the Permanent Committee for Refugee Affairs (PCRA) issues new documents and registration cards. The decision, which comes as part of transitional measures accompanying the implementation of the country’s new asylum framework, was included in Prime Ministerial Decree No. 1568 of 2026, published in the Official Gazette on 21 May, approving the executive regulations of the Foreigners’ Asylum Law No. 164 of 2024. The decree stipulates that the regulations will enter into force three months after publication, providing relevant authorities, refugees, and asylum seekers with sufficient…

Voss Capital’s Q1 2026 Investor Letter Insider Monkey Source link