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      Bailey warns AI may not ‘live up’ to market hype

      Andrew Bailey, Governor of the Bank of England, in a suit and tie, looking thoughtful during a press conference.

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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Aviva

  • ‘Safety net rather than a straitjacket’: Pension providers question Labour guaranteed income plan

    Personal Finance

    Pension providers have questioned whether the government can deliver on its plans to guarantee retirement income for millions of private sector workers. Pensions minister Torsten Bell unveiled plans on Tuesday which will require pension providers to offer workers an annual income as standard in retirement. Dubbed ‘Guided Retirement’, the overhaul is anticipated to bring private [...]

    The AIC is urging the government to amend the pensions scheme bill
  • Rathbones secures Irish licence as it eyes Europe expansion

    Investing

    Rathbones has secured a financial licence allowing it to begin operating in Ireland and the EU, as the wealth manager looks to extend its reach across Europe. The firm was granted a Markets in Financial Instruments Directive (MiFID) licence from the Central Bank of Ireland, which enables it to serve new and existing clients in [...]

    The far-right Patriots for Europe has ongoing rows over its funding
  • Four out of five top firms have never had a female chief executive, report finds

    Business

    Four out of five companies across the FTSE 100 and S&P 100 have never had a female chief executive, as boards fail to promote them into positions of power earlier in their career, a new report has found. Across the two nations, 80 per cent of firms have never had a women lead the company, [...]

    Female CFOs generate substantial returns for struggling companies
  • Lloyd’s backs £40m transactional risk MGA targeting private capital

    September 21, 2026

    Syndicates in the world’s leading insurance and reinsurance market, Lloyd’s of London, have agreed to provide up to £40m of risk capital per policy to back a new managing general agent in the City focused on the private capital sector. Alpha TR, a speciality insurance managing general agent (MGA), launched on Monday as a Lloyd’s [...]

  • Haigh and Healey to host business chiefs in Downing Street

    September 14, 2026

    Louise Haigh and John Healey will lead meetings with top business chiefs in Downing Street this evening after Andy Burnham cancelled his official engagements following the death of his father. The First Secretary of State will host a roundtable with entrepreneurs, which is set to be followed by an evening drinks reception. The Chancellor and [...]

  • Trans charity ‘misleading employers’ with company guidelines, campaigners claim

    September 7, 2026

    The equalities watchdog is investigating guidance to employers by a charity devoted to trans inclusion in business, after a feminist pressure group claimed they were “entirely counter to the law”. In a letter to the boss of the Equality and Human Rights Commission seen by City AM, Sex Matters alleges that Trans in the City [...]

  • Amanda Blanc has worked her magic at Aviva

    August 18, 2026

    For twenty years Aviva found itself struggling to cement its position in the insurance market. The arrival of Amanda Blanc changed the group’s fortune and share price. Maisie Grice looks into how she executed Aviva’s revival and what could come next. Few FTSE 100 constituents have executed a turnaround quite like Aviva’s. The insurance giant [...]

  • Aviva profits jump following Direct Line acquisition

    August 14, 2026

    FTSE 100 insurance giant Aviva reported its operating profit for the first half of this year to be up 24 per cent, driven by the group’s “strong progress” following its acquisition of Direct Line in 2025.  The London-listed insurer, which offers home, car, and life insurance in the UK and serves approximately 25 million customers, [...]

  • The City doesn’t compete with Britain’s regions – it competes for them

    July 20, 2026

    The City has never been an island, it has always been a bridge, connecting Britain with the world, channelling global capital into British innovation, and driving prosperity in every corner of the country, says Dame Susan Langley As Lady Mayor of the City of London, my role is to be the ambassador for UK financial [...]

  • Pension funds pledged a private investment splurge. Three years on, has anything changed?

    July 15, 2026

    When 11 of the UK’s largest pension providers signed a deal to pump billions into unlisted companies in July 2023, the mood at Mansion House in the City was celebratory. Then Chancellor Jeremy Hunt hailed the signing a “great personal triumph” for then Lord Mayor, Sir Nicholas Lyons. If the remainder of the UK defined [...]

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