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Tag Archives: Interest

Report: Nordstrom Lenders Demanded Interest Rate the Family Couldn't Pay

NEW YORK, United States — As the fourth generation of Nordstrom Inc.’s founding family spent the summer exploring the idea of taking the retailer private and scouting for financing, one thing was clear: it wouldn’t come cheap. The family needed roughly $ 7 billion to fund the deal, and lenders demanded a steep interest rate, according to people with knowledge of the ...

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News: MBNA analysis reveals growing UK interest in Central American travel

The face of travel is changing, with new research showing that Central American countries like Costa Rica and Argentina are becoming more popular with UK travellers. Credit card provider MBNA analysed more than four million transactions from UK customers around the world to build up a picture of how travel habits are changing, with Central America seeing the highest growth ...

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Pound to euro exchange rate: Sterling CLIMBS ahead of Bank of England interest rate UPDATE

The exchange rate has climbed to €1.112, the highest pound to euro levels seen all month.  Sterling has been buoyed by encouraging data out of the UK this week.  Inflation figures beat expectations and unemployment is low, both factors which have positively influenced the exchange rate.  The data has also placed increased pressure on the Bank of England to raise ...

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