Royal London boss commits to dumping Russian assets as pension giant reports profit boost March 4, 2022 Royal London boss Barry O’Dwyer said the firm would dump its Russian investments as soon as possible today, as the pension giant reported rising sales and jump in profits for 2021.
Nationwide taps Royal London chairman for top job September 6, 2021 Nationwide is poised to announce a new chairman who will take over the building society next year. Former Scroders and KPMG executive Kevin Perry will replace David Roberts, according to Sky News. The building society was reportedly in the process of seeking regulatory approval for the new appointment, according to the news organisation’s City sources. [...]
LV= rejects new Royal London offer and stands by £530m Bain takeover November 16, 2021 Mutual insurer Liverpool Victoria has turned down the latest offer from its competitor Royal London which had proposed dismantling the business, amid increasing criticism over a £530m proposed takeover which would end the firm’s member-owned status. LV= has been pushing its members to vote to allow the controversial takeover deal by US private equity firm [...]
LV= to review new Royal London takeover offer after £530m Bain bid scrapped by members December 12, 2021 Insurance mutual LV= will this week assess a takeover offer back on the table from rival Royal London after its members last week rejected a £530m takeover bid from US private equity giant Bain. In a vote on Friday, 69 per cent of LV=members who voted supported the deal with Bain – but they fell [...]
Royal London insurance moves head office to EightyFen in heart of the City August 19, 2021 Mutual life insurance company Royal London has this morning announced it has taken up 55,000 sq ft of office space at 80 Fenchurch Street for its new headquarters in the City. The largest mutual life insurance company in the UK, with assets under management of £153bn, will enjoy panoramic views across London from the top [...]
Major data centre greenlit for London’s Royal Docks June 20, 2024 It has been designed to support large AI applications, meeting the power and cooling demands of rising AI workloads.
Pensions group Royal London sees managed assets hit a record £153bn high August 5, 2021 Pensions and life insurance firm Royal London’s assets under management have hit a record high at £153bn in the past six months. Climbing higher from £148bn in late December, the group put the growth down to positive market movements and net inflows in the six months to 30 June. The group pulled in profit before [...]
London’s latest luxury hotel and club set for former royal residence July 12, 2024 A historic landmark in London's Mayfair, which used to be a royal residence, is set to open as a new luxury hotel next year, it has been confirmed.
Plans for an Asda ‘town centre’ linking London’s Old Oak and Park Royal May 13, 2024 The Issa brother-owned grocer has entered into an agreement with developer Barratt, on a Brownfield site, currently home to a superstore, marking a "significant milestone" for the firm.
The Brewery: Royal Ascot caterer buys landmark City of London venue August 12, 2024 The company that provides catering for Royal Ascot has acquired a major large scale event venue in the City of London. Rhubarb Hospitality Collection (RHC) has snapped up The Brewery, which hosts more than 500 events a year, for an undisclosed sum from Paul Lewin. RHC itself was acquired by Oak View Group (OVG) in [...]