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The Financial Conduct Authority will launch a market study into pure protection products – designed to help individuals and their families with their finances should a policyholder die or be unable to cover financial commitments, with around £4 billion paid out in 2022 – following concerns about how such policies are sold to “vulnerable” customers.11.
The company said that it is on track to remove fossil fuels from its bricks by 2032, after reaching agreements to secure a supply of alternative materials. 10.30 - Ulster Bank’s College Green building on market for €14 million The Ulster Bank building on College Green is back on the market, valued at €14 million – months after it reportedly came close to a €17 million sale to hoteliers, according to the Irish Times.
Keir Starmer, the UK prime minister, is in Berlin today for meetings with Olaf Scholz, the German chancellor, said the deal was part of a bid to “turn a corner on Brexit”. Mannok current leadership will retain a 5.3 stake in the firm when it is bought by Çimsa, the Turkey-based building materials company.09.03 - Social media platform X back up after brief outage X, the social media platform formerly known as Twitter, was back up on Tuesday night after an outage that lasted less than an hour, according to Downdetector.com, the outage tracking website.09.
Philip Lofts, the former chief risk officer at UBS, the Swiss banking giant, and other seasoned investment bankers, all understood to be linked to the religious movement, are among the new firm’s directors. 08.18 - Iseq and FTSE open just above Tuesday’s close The Iseq All Share opened at 9,683.47 on Wednesday, a steady 0.05 per cent above Tuesday’s close of 9,679.27, climbing up to 9,692.97 by 8:12am.
The research by estate agent Savills mined data from property website Daft to examine the availability of rental property across each of the 26 counties. 07.40 First-time mortgage approvals at highest level in a decade in July Roughly 106 first-time buyers were approved for a mortgage every day last month, new figures show, with home loans topping €1 billion in a single month for the first time since at least 2014.
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