The new Chief Executive of 3i, the struggling private equity giant, says jobs will be slashed as the company seeks to recover from its five-year long share price slump.
The group's portfolio of investments is huge, including lingerie firm Agent Provacteur, Interflora and the restaurant chain Giraffe. But since June 2007, 3i shares have lost 86% of their value.
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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”
