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Two charged after collapse of funeral firm Safe Hands
Two people have been charged following the collapse of a pre-paid funeral firm that left tens of thousands of people out of pocket. About 46,000 customers lost thousands of pounds when Safe Hands Plans Ltd collapsed in 2022 and fell into administration. The Serious Fraud Office (SFO) has charged two men – Richard Wells and…
Donald Trump to unveil home buying plan involving retirement funds
US President Donald Trump is set to announce a plan that would let Americans use their retirement savings for down payments on homes. National Economic Council Director Kevin Hassett, who hinted at the plan on Friday, offered few details about how withdrawals from US workplace retirement accounts – known as 401(k)s – would work. “Suppose…
Chipmaker CXMT becomes mainland Chinas most valuable listed firm
Shares in China’s biggest memory chip maker have surged by more than 470% as they made their debut on the Shanghai Stock Exchange’s tech-heavy STAR Market. The surge has pushed CXMT’s stock market valuation to around 3.3 trillion yuan ($487.3bn; £364.9bn), making it the most valuable listed company in mainland China. The spectacular debut comes…
