CareTech Holdings, a UK provider of specialist social care services, has successfully completed the refinancing of its banking facilities, which were due to expire in April 2013.
The new facilities total £149.4m, comprising a term loan, a revolving credit facility and an overdraft facility for working capital. The new facilities will be available for four-and-a-half years, expiring in January 2017.
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
