AI washing: How companies are using AI hype to bump up their share prices May 14, 2024 Overplaying claims about artificial intelligence in the hope of creating a 'halo effect' around their company and boosting their stock price is a new fad, spanning across a variety of sectors.
LTAFs: What are they? May 9, 2024 Long-term asset funds, or LTAFs, are sweeping the asset management world, despite very few people knowing what they are.
Direct Line hikes prices as it tries to reassure investors it’s on track May 8, 2024 Insurer Direct Line has grown its written premium across its three main divisions as the firm looks to bolster investor confidence in its new turnaround strategy.
Champions Cup: Leinster vs Toulouse is the final we deserve, and want May 6, 2024 So there we have it; seven weekends of Investec Champions Cup action has delivered the final many wanted, and expected. When the final concludes at the Tottenham Hotspur Stadium on 25 May, it’ll either see French giants Toulouse extend their record of European trophies from five to six, or see Irish stalwarts Leinster move level [...]
Lloyd’s of London leans on its unique qualities to ignite growth April 29, 2024 Since the first agreements between merchants and shipowners were inked in Edward Lloyd’s coffee house in 1698, the market has relied on paper-heavy face-to-face trading.
Storm in a spinning teacup: Butlin’s sues Aviva over definition of flooding April 28, 2024 Butlin's is suing Aviva over the definition of a storm, after serious flooding forced it to shut its largest resort.
Abrdn and two more City giants shun Sizewell C nuclear project April 15, 2024 The government is currently the majority shareholder and is currently investing a total of £2.5bn in financial support for the project.
Keir Starmer: Nuclear ‘triple-lock’ is ‘bedrock’ of Labour policy with 2.5 per cent of GDP for defence April 12, 2024 Keir Starmer committed Labour to spend 2.5 per cent of UK GDP on defence while saying a commitment to nuclear weapons was a 'bedrock' of policy.
Direct Line poaches another Aviva executive as new finance chief as turnaround continues April 10, 2024 Insurer Direct Line has appointed Aviva executive Jane Poole as its new chief financial officer as the firm looks to narrow its losses and cut costs.
Aviva and the UK Infrastructure Bank unveil £100m plan to help power London red buses’ electric shift April 8, 2024 A group of investors have will pump in £100m to electrify hundreds of UK buses as the sector looks to shift away from diesel.