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Tom Saunders

Reporter · US

Indexed articles, last 90 days
5
Latest publication
Sep 30, 2026
Outlet visibility, for Aol
Top 5K sites
Earliest in this view
Sep 4, 2026

Latest articles

  1. Article · Sep 30, 2026 · Tom Saunders

    The risky private funds targeting pensioners - AOL (opens the original)

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    When Labour started ramping up its inheritance tax (IHT) assault after it came to power, it’s unlikely party apparatchiks had any inkling it would inadvertently fuel a little-known industry of giant private-market funds. Originally intended as a relief for family-owned businesses, schemes seeking to help people avoid IHT have quietly mushroomed into one of the UK’s most-exploited tax loopholes with billions of pounds invested. Under the rules, HMRC allows all of an investment’s value to pass to

  2. Article · Sep 26, 2026 · Tom Saunders

    Bust shadow bank’s empty coffers spark hunt for missing £2bn - AOL (opens the original)

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    Less than £1m has been recovered from the ashes of Market Financial Solutions (MFS) as creditors chase £2.3bn owed by the collapsed shadow bank. AlixPartners, which has been carrying out the administration of MFS, has so far recovered only about £700,000 from loan book collections and the sale of computer equipment, motor vehicles and furniture. The relatively paltry sum suggests steep losses for MFS’s creditors. Lenders and suppliers to MFS are owed about £2.3bn with an uncertain level of retur

  3. Article · Sep 22, 2026 · Tom Saunders

    BMW facing £600m hit from car mis-selling scandal - AOL (opens the original)

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    BMW is facing a bill of more than £600m from the motor finance mis-selling scandal, marking one of the biggest hits faced by any lender. In newly filed accounts, the German carmaker’s British finance arm increased its provision to cover mis-selling claims from £206m in 2024 to £612m in 2025. BMW’s liability is more than the £430m that Barclays expects to pay and the £320m set aside by Close Brothers, another major car finance lender. However, it is still dwarfed by the worst affected lender, Llo

  4. Article · Sep 8, 2026 · Tom Saunders

    Investors dump British stocks amid Budget speculation - AOL (opens the original)

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    British investors sold £600m from UK stock funds last month amid speculation about John Healey’s first Budget. Share funds suffered overall net outflows of £315m during August, according to data from Calastone, the global fund network, marking the fourth consecutive month of net selling. The worst affected were UK equity funds, which experienced outflows of £601m. European funds were sold down by £145m. Investors instead turned to cash and bonds. Bond funds attracted £407m of new capital in Augu

  5. Article · Sep 4, 2026 · Tom Saunders

    Bank of England using AI to measure economy amid data crisis - AOL (opens the original)

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    The Bank of England is using AI to measure the economy amid a crisis in the reliability of official data. Huw Pill, the chief economist at the Bank of England, said the central bank had been using AI models and other new techniques, such as web scraping, to extract more details about the economy recently. Official data sources from the Office for National Statistics (ONS) are increasingly coming into question. Response rates for key surveys plummeted during the pandemic and have remained low for

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