May 25, 2025

News

Banking

‘We need banking hubs that provide much-needed access to vital services’ – MP presents petition after branch closures

MP Stuart Anderson has presented his petition signed by 165 residents to the Government and LINK – the operator of the UK’s largest ATM network. Mr Anderson presented his petition after the closure of Lloyds Bank branches in Ludlow and Bridgnorth earlier this week. In January, the Lloyds Banking Group announced plans to close 136

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Finance

Successful launch of Midlands SME finance collaboration at Birmingham expo

Midlands SME Finance, organised by six leading West Midlands finance providers who specialise in lending to businesses unable to secure finance from high street banks and loan companies, hosted 120 delegates at Edgbaston Stadium in Birmingham on May 20. From left, Andy Green – Frontier Development Capital, Paul Stokes – FlexABL, Steve Grice – UKSE,

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Investment

Ishiba says he and Trump agreed to a ‘productive’ round of trade talks

By MARI YAMAGUCHI TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Friday that he spoke by telephone with U.S. President Donald Trump and agreed to hold “productive” discussions at an upcoming round of tariff talks between the two sides. “Investment, not tariffs,” Ishiba told reporters after the talks. He said Japan’s position to keep pushing Washington to drop

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Crypto

Cryptocurrency could be regulated in Illinois: Here’s how it would work | Illinois Politics

SPRINGFIELD, Ill. (WAND) — A state Democratic bill that passed the Senate Thursday could regulate cryptocurrency in Illinois. FILE – Bitcoin logos are displayed at the Inside Bitcoins conference and trade show on April 7, 2014, in New York. (AP Photo/Mark Lennihan, File) Mark Lennihan “This has been a very highly negotiated bill with the

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Crypto

Bitcoin hits record high, soars past $109K

Trump hosts $1.5M fundraising dinner with crypto czar President Donald Trump hosted a $1.5 million-per-plate fundraising dinner at the Trump National Golf Club in Sterling, Virginia. unbranded – Newsworthy Bitcoin BTC= rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month’s tariff-induced selloff.

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Loans

Californians are late paying 18% of their student loans – The Mercury News

Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it’s the 10th lowest delinquency

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Loans

Californians are late paying 18% of their student loans – Orange County Register

Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it’s the 10th lowest delinquency

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Investment

How is Quincy’s S&P credit rating and economic outlook?

QUINCY ‒ Quincy’s economic outlook has been revised downward from stable to negative, while maintaining its “AA” score on long-term debt, according to S&P Global’s ratings. “AA” is the third highest grade issued by the agency. The change stems in part from the $91.9 million loss on investment sustained by Quincy’s retirement system in 2022,

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Loans

California bill calls for program to insure multifamily development loans

With California short of nearly half a million affordable homes and a slew of projects stalled amid adverse market conditions, Sen. Dave Cortese has proposed a bill that would allow the state to use its credit to insure construction and permanent loans for multifamily housing, giving developers access to more favorable interest terms and letting

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Funds

Ex-San Diego surrogacy consultant sentenced for stealing client funds – San Diego Union-Tribune

The former owner of a trio of San Diego businesses that provided surrogacy consulting services to prospective parents was sentenced Friday to two years in prison for stealing money from her clients. Lillian Arielle Markowitz, 40, who owned My Donor Cycle, Surrogacy Beyond Borders and Expecting Surrogacy, pleaded guilty to taking hundreds of thousands of

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