[ad_1] It is tragic to learn that Mike Lynch, one of Britain’s most brilliant tech entrepreneurs, and his 18-year-old daughter are still missing after his luxury super yacht was hit by a freak storm off the coast of Sicily yesterday morning. So far one person has been confirmed dead, and four others are still missing…
[ad_1] You are more likely to get divorced than change your bank account. Millions of savers will never switch banks, entrusting their money with one organisation for life. But for those who do switch, there are huge rewards to be snapped up. A range of ‘switching bonus’ offers have become available in recent months, with…
[ad_1] After the mayhem, the search for bargains begins. There was an abrupt sell-off in global stock markets this week, sparked by fears of a US recession and the unwinding of bets on the Japanese currency, the yen. But, while volatility may continue, the audacious seem keen to scout out opportunities in the US, Japan…
[ad_1] Women have made big strides in the once male-dominated world of insurance. Aviva, the FTSE 100’s biggest insurer, is led by Amanda Blanc, one of the City’s most respected bosses. Admiral is run by Milena Mondini de Focatiis. Even Lloyd’s of London, the venerable insurance market, has had a female leader, Inga Beale. The…
[ad_1] Women have made big strides in the once male-dominated world of insurance. Aviva, the FTSE 100’s biggest insurer, is led by Amanda Blanc, one of the City’s most respected bosses. Admiral is run by Milena Mondini de Focatiis. Even Lloyd’s of London, the venerable insurance market, has had a female leader, Inga Beale. The…
[ad_1] Andrew Bailey has vowed to lead the Bank of England for four more years, defying a string of calls from critics to resign. The Governor has faced accusations of being too slow to raise interest rates to curb runaway inflation – and then erring in the opposite direction by keeping them too high for…
[ad_1] By John Abiona Updated: 16:50 EDT, 2 August 2024 Ploughing savers’ money into British infrastructure and private equity risks undermining the primary role of pensions, a major mutual insurer has warned. Barry O’Dwyer, chief executive of Royal London, said he is ‘nervous’ about Labour’s proposal to shake-up the pensions industry. The Pension Schemes Bill…
[ad_1] By Alex Brummer for the Daily Mail Updated: 16:50 EDT, 2 August 2024 Scrutiny: Czech billionaire Daniel Kretinsky Keir Starmer is not known for loose language. So it was fascinating to hear him cautioning against ‘flogging off’ vital assets when unveiling plans to make Britain a green energy powerhouse. The Prime Minister doesn’t appear to…
[ad_1] By City & Finance Reporter Updated: 16:50 EDT, 28 July 2024 Delivery giant Evri is planning to hire 9,000 new staff just days after announcing new private equity owners. The British parcel company wants to expand its team of couriers and warehouse staff amid ballooning demand for its services. It is focusing on Scotland,…
[ad_1] Offer may undervalue service if changes to Universal Service Obligation made This guarantees deliveries made six days a week across UK at a fixed price Removing Monday-to-Saturday obligation could generate extra £300m By Alex Brummer Updated: 16:51 EDT, 27 July 2024 Big City investors speaking for more than a fifth of shares in Royal…