Business
Join a Budget Q&A with money expert Gabriel Nussbaum
Welcome to an exclusive Ask Me Anything session with me, personal finance expert Gabriel Nussbaum.
The 2025 Budget is set to affect everything from ISA limits and National Insurance to pensions, property, and savings.
With inflation still high and an estimated £30bn fiscal shortfall, the government is under pressure, and homeowners, savers, and investors alike could feel the impact.
Rachel Reeves will be revealing the full contents of her Budget at 12.30pm – and I’ll be poring over the details to make sense of it all for readers.
No question is too big or too small – I can explain what any of the myriad of changes will mean for your money, including when they will take effect and how you can plan once details are known.
My aim is to make finance clear, practical, and – dare I say – a little less intimidating.
So, if you have a question for me, submit it now, or join me live on Thursday 27 November between 1 and 2pm for the Ask Me Anything event below.
If you’re struggling to post your question, please make sure you are logged in to a registered account on independent.co.uk. Register or log in here – then return to this page to submit.
If you’re struggling to post, please make sure you are logged in to a registered account on independent.co.uk. Register or log in here – then return to this page to submit your question!
Don’t worry if you can’t see your question immediately – some may be hidden until Gabriel joins the conversation to answer them.
If you want more tips and tricks from Gabriel sign up for the Independent Money newsletter and get the insight you need to take control of your finances and make your money work smarter.
Business
Warburg to list housing finance company purchased from Shriram – The Times of India
Mumbai: Warburg Pincus-backed housing finance company Truhome Finance ( formerly Shriram Housing) has filed draft papers with capital markets regulator SEBI to raise Rs 3,000 crore through an initial public offering.The IPO will comprise a fresh issue of equity shares of face value Rs 10 aggregating up to Rs 1,500 crore and an offer for sale of equity shares of face value Rs 10 aggregating up to Rs 1,500 crore, according to the draft red herring prospectus filed with SEBI. The offer for sale will be undertaken by promoter selling shareholder Mango Crest Investment, which plans to offload shares worth up to Rs 1,500 crore.Truhome Finance plans to use the net proceeds from the fresh issue to augment its capital base to support future capital requirements, including onward lending and general corporate purposes. The funds will also help the company comply with RBI’s capital adequacy norms as its business expands.The company said the proceeds are expected to be deployed over the financial years ending March 31, 2027 and March 31, 2028.JM Financial, IIFL Capital Services, Jefferies India and Kotak Mahindra Capital Company are the book running lead managers to the issue.Warburg Pincus completed its acquisition of Shriram Housing Finance (SHFL) from Shriram Finance and other sellers in December 2024 for approximately Rs 4,630 crore, marking a strategic shift in India’s housing finance sector.
Business
Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns
Signs are seen at the Live Nation NYC headquarters on May 23, 2024 in New York City.
Michael M. Santiago | Getty Images
Live Nation Entertainment has reached a settlement with the Department of Justice over antitrust concerns surrounding its Ticketmaster platform, a senior DOJ official said Monday.
The settlement would see Ticketmaster unwind some of its exclusivity agreements with musical artists and open up the ticketing industry to greater competition. It still needs approval by more than 20 states that had filed suit and by the court.
As part of the settlement, Ticketmaster will offer a standalone third-party ticketing system for other companies like SeatGeek to use its technology. Live Nation has also agreed to divest at least 13 of its amphitheaters and will no longer be able to require artists to use other Live Nation products tied to its venues. It has also agreed to pay roughly $280 million in civil penalties.
Shares of Live Nation rose 5% in morning trading. Live Nation and Ticketmaster did not immediately respond to requests for comment.
Ticketmaster has long faced criticism that its dominance in the live events and ticketing space pushes up prices for consumers. The company has come under heightened scrutiny in recent years from fans who argue that it’s become harder and pricier to snag coveted event tickets.
In 2022, the backlash boiled over when the rollout of tickets for Taylor Swift’s Eras Tour was mishandled, leading to a probe of the company. And in 2024, the DOJ — along with more than two dozen states — sued to break up Live Nation and Ticketmaster, which merged in 2010.
In September, Live Nation was separately sued by the Federal Trade Commission over what the agency called “illegal” ticket resale tactics. The FTC said Ticketmaster controls roughly 80% of major concert venues’ ticketing.
In a Monday statement, New York Attorney General Letitia James said her office would continue to fight against Live Nation’s alleged monopoly even after its agreement with the DOJ.
“The settlement recently announced with the U.S. Department of Justice fails to address the monopoly at the center of this case, and would benefit Live Nation at the expense of consumers. We cannot agree to it,” said James, who is joined by the attorneys general of more than 20 other states.
Business
How the Iran war may affect your bills and finances
The conflict in the Middle East could raise the cost of petrol, household energy bills and even food.
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