Blue Owl hit by $4.7bn of redemption requests as investor exodus persists

Withdrawal requests at 20 private credit funds tracked by FT totalled more than $22bn in second quarter

Posted on Thursday July 02, 2026

UK car finance compensation delayed as tribunal pauses scheme

FCA programme thrown into doubt by challenges from lenders and consumer group

Posted on Thursday July 02, 2026

Yet another ‘quant tremor’ strikes systematic investors

The garbage rally roils quantitative investment strategies

Posted on Thursday July 02, 2026

Forvis Mazars fined £600,000 for ‘pervasive’ audit failings

Group lambasted by FRC for ‘serious’ problems in Studio Retail audit

Posted on Thursday July 02, 2026

Bank of England to push ahead with plan to limit hedge fund leverage

Move to make gilt market more resilient has been criticised for potentially raising funding costs

Posted on Thursday July 02, 2026

Morgan McSweeney: ‘I felt guilty about what I’d done to Keir’

The former chief adviser to Keir Starmer forced out of his job over the Mandelson scandal talks for the first time about what went wrong

Posted on Thursday July 02, 2026

Spain immigration amnesty draws 1.2mn applicants

More than twice the expected number of unauthorised immigrants applied for legal status, mostly from Latin America

Posted on Thursday July 02, 2026

US economy undershoots forecasts with 57,000 jobs added in June

Hiring slows after 3-month streak of overperformance

Posted on Thursday July 02, 2026

Andy Burnham and the politics of nostalgia

Starmer’s presumptive heir is locked in a battle over Britain’s past — and future — with Nigel Farage

Posted on Thursday July 02, 2026

Russia unleashes huge bombardment of Kyiv

Attack of 74 missiles and nearly 500 drones follows Zelenskyy’s warning that Moscow is preparing ‘massive strike’

Posted on Thursday July 02, 2026