Aston Martin Secures £550m Loan to Bolster Liquidity and Fund Product Plans
A £550m loan package, including a £450m senior secured loan and a £100m delayed-draw facility, will bolster Aston Martin’s liquidity as it pursues its...
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Banking & Credit
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Defaults, refinancing, and balance-sheet stress
UK Interest Rates Held At 3.75% Amid Global Inflation Pressures and Mortgage Impacts
The Bank of England holds the Bank Rate at 3.75%, maintaining a low policy stance as inflation dynamics and energy costs from global tensions...
Planet Money Summer School Returns With Global Economy Ideas
Planet Money’s Summer School is back, taking listeners on a world tour to explore ideas shaping economics, from water markets in Australia to inflation...
The Hidden Cost Of The Night Shift And How To Sleep It Off
BBC examines the hidden costs of night work, including dementia risk and immune system effects, and investigates biphasic sleep as a potential adaptation for...
World Cup Spurs U.S. Consumer Spending in June, Bank of America Says
Bank of America Institute data show June consumer spending rose 6.3% from a year earlier, the strongest in over four years, with gains concentrated...
Debt Worries Haunt Norfolk Town as Universal Credit Share Surges
In Great Yarmouth, debt worries intensify as 29.1% of 16- to 65-year-olds rely on Universal Credit in March 2026.
Great Wealth Transfer Could Be Over $100 Trillion or $36 Trillion, Visa and Cerulli Say
Visa and Cerulli publish conflicting projections on the great wealth transfer: Visa projects about $36 trillion from boomer wealth to Gen X and millennials...
Housing Slump Deepens as Rates Stay Elevated and Builders Cut Prices
June pending home sales declined 5.4% from May amid higher mortgage rates and elevated prices, with builder sentiment soft and price incentives rising in July.
JPMorgan Pledges $24 Million to Boost U.S. Shipbuilding, Highlighting Arsenal of Democracy Reboot
Jamie Dimon announced a $24 million JPMorgan effort to revive American shipbuilding, including $18 million in loans and $6 million in grants for a...
Average New Car Payment Reaches All-Time High in Q1 2026 as Affordability Persists
In Q1 2026, the average monthly payment for a new vehicle rose to $770, with lease payments at $619; payments vary by credit tier,...