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BIZARRE: 3 | Mind Blowing Facts

John Lewis agrees £500m home building deal with abrdn

The high street giant will build the properties on the sites of former stores, kit them out with its furniture and then rent them out

Insider UK

John Lewis agrees £500m deal with Abrdn to build 1,000 rental homes

Waitrose shops in Bromley and West Ealing will be redeveloped, and vacant warehouse in Reading

The Guardian - UK

John Lewis agrees £500m home building deal with Abrdn

The high street giant will build the properties on the sites of former stores, kit them out with furniture and rent them out

Birmingham Post

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John Lewis enters London rental property market with £500 million Abrdn joint venture

The move is part of the partnership’s ambition to build 10,000 new homes over the next decade

Evening Standard

Weir and abrdn promoted to FTSE 100

UK's top stock market index also sees 'yo-yo' firm Harbour Energy drop out again

Insider UK

Harbour Energy knocked off FTSE 100 while Abrdn returns

The FTSE Russell Group’s quarterly review sees Harbour Energy drop to the FTSE 250, along with Dechra Pharma and Intermediate Capital Group.

The Independent UK

Weir and abrdn set to rejoin FTSE 100

Meanwhile, Harbour Energy looks likely to fall out of the top group of London-listed businesses

Insider UK

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Is the US economy headed for a hard landing?

A strong performance by Joe Biden's Democratic Party defied predictions of a Republican "red wave" in the US midterm elections, despite consumers feeling the pinch of high inflation. Americans have seen wages and benefits increase, but the standard of living has not. Delano D'Souza asks Abigail Watt, US Research Economist…

France 24

Four questions you need to ask before thinking about retirement

The concept of ‘retiring’ will differ for everyone, and no two people’s goals or aspirations will be the same

Wales Online

Abrdn urges dividend plays amid inflation

Asset manager Abrdn recommends investing in high-dividend stocks to combat global inflation, noting they can grow even in volatile market conditions.

Bangkok Post

Parmenion acquires EBI Portfolios in first deal since Abrdn sale

The acquisition comes amid reports the owners of Bristol-based Parmenion are looking to sell a 'significant stake' in the business

Birmingham Post

Fund management veteran Harry Nimmo to retire

After 37 years at Standard Life and abrdn he will leave the industry at the end of this year

Insider UK

How to save for retirement – from your 20s through to your 60s

As priorities change throughout life, so too can saving habits. Vicky Shaw outlines a decade-by-decade plan.

The Independent UK

One in five plan to delay retirement because of cost of living anxiety

The research unveiled both emotional and financial drivers behind this growing trend

Wales Online

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Daily Record

Cost of living crisis leads to wave of 'retirement anxiety' for people over 40 worried about money

Some 54% of Scottish adults aged 40 and over experience feelings of anxiety at the prospect of retiring.

The Independent UK

Is the cost-of-living crisis giving you ‘retirement anxiety’? What to do about it now

New research shows that worries about retiring are rife. By Katie Wright.

The Independent UK

More than half of over-40s feel anxious about retiring, survey suggests

Phenomenon fuelled by cost of living crisis and economic worries

The Guardian - UK

Abrdn announces pre-tax loss of £320m for first half of 2022

Investment group goes into red amid ‘market turbulence’ and withdrawal of £24bn linked to cancelled Lloyds deal

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Insider UK

Abrdn reports falling fee revenue and profits

Half-year results reveal a loss before tax of £320m, with rising net outflows from its various funds

Birmingham Post

Work under way on £62m 12-storey Hyatt hotel in Leeds ahead of 2024 opening

GMI Construction Group says 190 jobs have been created in construction of hotel

Insider UK

Abrdn prepares to sell private equity arm

Investment bank Rothschild has been reportedly hired to find a buyer for the division

Evening Standard

One in six households in ‘serious’ financial difficulties

abrdn survey says only group not impacted are households earning more than £100k a year

Insider UK

Abrdn merges equity teams, with five exiting

The previous head of European equities will now lead the 20-strong team

Birmingham Post

Home of Liverpool Echo sold after hitting the market for almost £35m

European Fund Manager Forma Real Estate has bought the building from abrdn

Bangkok Post

Banks give ESG the okay

Banks are continuing to incorporate environmental, social and governance (ESG) factors into their business operations in a push for a sustainable transformation of the economy.

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