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Perenna has secured £42.6m ($52m) of cash from investors as it gears up for the launch of its 30-year mortgage business later this year. The fundraising was led by strategic investor Silverstripe Investment Management, as well as other existing backers, bringing the total amount raised by the bank to almost £74m
Good morning and welcome to your Morning Briefing for Friday 15 September 2023. To get this in your inbox every morning click here. 28% of over 55s have no other pension saved Just over a quarter (28%) of over 55-year-olds have no other pension saved and are completely reliant on the state pension. This is according
Perenna has hired two senior account managers as the lender prepares to launch its 20- to 30-year fixed-rate mortgages later this year. The startup says its managers, who will join its intermediary team, are Tim Sorrell, who will cover the South, and Deborah Reeves, covering the North. Sorrell most recently was
Lanesborough's town administrator, hired last December, is leaving to follow his wife to Pennsylvania. He plans to work remotely for the town as it seeks a successor.
If a deal goes through, a network of indoor cannabis farms could replace long-gone commerce at former anchor stores at the Berkshire Mall.