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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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. …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
By John Abiona Updated: 09:26 EDT, 26 July 2024 Shares in the owner of British Gas fell by almost 10pc despite the London stock market bouncing back following a tech stock meltdown on Wall Street. Centrica plunged 9.9pc, or 14.2p, to 128.85p after first-half profits halved – though it still …
Read More »
FCA is introducing new rules to protect access to cash Banks and building societies will have to assess gaps in local access to cash Some 3m people rely on cash FCA says By Helen Kirrane Updated: 02:49 EDT, 24 July 2024 New rules for banks and building societies to protect …
Read More »