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UK specialist motor and property financier S&U reported half-year revenue up 11% year-on-year, with profit before tax flat. Basic EPS was little changed at 96.8p; it raised its interim dividend to 36p from 35p. S&U said it plans to draw down on a new £600 mln securitisation facility in October to support growth.
By Dhara Ranasinghe, Sophie Kiderlin and Naomi RovnickThe world's biggest sovereign bond markets are heading for their worst month in years as soaring energy costs fan inflation and the AI boom lifts economic growth, leaving investors positioning for an era where interest rates stay higher for lon…