June 28, 2026

Blog

Fund

Tough tidings for new MFs: Market volatility limits fund raising to just Rs 27,000 crore for seven players – Market News

The mutual fund industry has expanded rapidly in recent years with a wave of new players entering the market. However, for some of these fund houses, the timing of their launch has proved challenging as prolonged market volatility has limited their ability to attract assets. The Securities and Exchange Board of India (Sebi) has granted

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Wealth Management

Extreme heat LIVE as rare red health and weather alerts issued across England ahead of 40C heatwave

Rod Dennis, road safety spokesperson at RAC, has urged drivers to take the red extreme heat warnings seriously this week as he warned that there could be a record number of breakdowns this week. He said: “Drivers whose vehicles don’t have effective air conditioning should strongly consider postponing any non-essential car journeys until the Met

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Tax

HMRC’s £3,000 tax rule parents helping their children need to know

Consumer group Which? says parents need to understand the tax consequences Many families can benefit(Image: Kathrin Ziegler via Getty Images) Parents assisting their children onto the property ladder are being cautioned about a little-known £3,000 tax rule that could spare families from future complications. With house prices compelling many first-time buyers to depend on the

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Tax

The Software Tax: What You’re Paying For—And What You Don’t Have To

Tomás O’Leary is CEO and Founder of Origina, helping enterprises extend the life of mission-critical IT systems. ​Paying tax is one of the few certainties in adult life, and most of us settle up without much thought, ticking it off once a year and trusting that the system is roughly fair. But anyone who has

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Energy

Octopus Energy launches the ?Nook? battery range to unlock lower bills for millions of households

The new range includes a plug-in battery designed for renters and apartment dwellers, alongside a wall-mounted, engineer installed system for homeowners. Home batteries help customers store clean electricity when prices are low and use it later when energy is more expensive, potentially saving hundreds of pounds on energy bills a year. However, the benefits of

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Energy

Bulgarian energy tech company Adex Energy enters Romanian market

Adex Energy, a technology company for the energy industry founded in Bulgaria, announced it was entering the Romanian market. It appointed Mihai-Florin Necula as country manager. Adex Energy develops end-to-end software solutions for smart energy management, asset automation, and the optimization of renewable energy and storage portfolios The entry into the local market comes at

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Energy

Islands Energy appoints experienced lawyer as group general counsel

GAS provider Islands Energy Group has appointed a lawyer with more than 30 years of experience across the international energy sector as group general counsel. The company said that Karen Lawrie will lead “legal, governance and regulatory matters” across its operations in the three Crown dependencies, providing “strategic legal support” to the business. Announcing Ms

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Energy

Kenyon International CEO Victor Ekpenyong Appointed to World Energy Council Nigeria Board

Dr Victor Ekpenyong, Chief Executive Officer of Kenyon International, has been appointed to the Board of the World Energy Council (WEC) Nigeria Committee. The appointment comes as the Council prioritises energy security, sustainability, and just transition pathways and domains where African technical and commercial perspectives have historically been underrepresented in global rule-setting. The appointment, confirmed

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Wealth Management

Metformin and beta blocker users face 4 day health warning from Monday, June 22

People on these medications are being issued with health guidance by officials 14:26, 21 Jun 2026Updated 09:50, 22 Jun 2026 Some medications affect how your body reacts to the conditions(Image: GETTY) The Met Office has issued a rare amber heat warning between Monday, June 22 and Thursday, June 25 across parts of Wales and South

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Wealth Management

Health disparity researchers see a threat in new rules on NIH grants

Deep inside a White House proposal to overhaul how the government awards grants is a short section that health disparities researchers say could disqualify much of their work from federal funding — perhaps the most serious threat yet to the future of their field. Since it was issued last month, the 412-page proposal has drawn

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