Consumer goods firmReckitt Benckiser has exercised its option to acquire the final 25 per cent interest in Beleggingsmaatschappij Lemore BV, the Dutch holding company of its Russian joint venture, Medcom MP, from Abraca BV.
The gross assets of the business on December 31st were £80.6m. The company was originally purchased as part of the SSL acquisition in November 2010.
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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”
