Pubs across England are set to receive a welcome boost following the success of the England football team in Euro 2024. Fans are expected to flock to their local pubs to celebrate the team’s achievements, creating a lively and vibrant atmosphere. This surge in business is a much-needed relief for many pub owners who have struggled during the pandemic.
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JPMorgan Chase sets aside $50bn for direct lending in private credit push
In Unlock the Editor’s Digest for free, FT Editor Roula Khalaf highlights JPMorgan Chase's $50bn commitment to lend to risky companies backed by private equity firms, bypassing traditional debt markets. The move follows a trend among Wall Street lenders to bolster their private credit offerings, as the $2tn private credit asset class grows. JPMorgan's decision stems from its sale of HPS Investment Management in 2016 and aims to provide clients with more options and flexibility...
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