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  • Shaftesbury Capital abandons Fitzrovia portfolio sale due to low bids

    November 21, 2023

    West-End landlord Shaftesbury Capital has abandoned plans to sell a portfolio of properties in London’s Fitzrovia district after bids reportedly fell short of expectations.  Now the real estate giant is plotting a move to sell the units individually or in smaller groups, a report in Bloomberg said, in the hopes that this will help generate [...]

  • UK pension funds concerned Mansion House reforms could lead to higher costs for investors

    November 20, 2023

    UK pension funds have expressed concern that the Mansion House reforms could result in higher costs and greater risk for investors. 

  • Labour taps up City PR firm Brunswick to build ties with big business

    November 19, 2023

    Labour leader Sir Keir Starmer is reportedly set to work with top City PR firm Brunswick to try and build better relationships with FTSE 100 companies.

  • Aviva posts 13 per cent rise in nine-month premiums

    November 16, 2023

    This morning Aviva posted a 13 per cent rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders.

  • Babcock: Share price for British defence giant up as it pens £750m submarine deal

    November 10, 2023

    British defence firm Babcock has signed a four-year deal worth £750 with the Ministry of Defence to build and maintain UK submarines.

  • Monzo dives into insurance with London insurtech star at the helm

    November 6, 2023

    Founder of digital insurance brand Brolly, Phoebe Chibuzo Hugh, has announced that she has joined digital challenger bank Monzo to lead its expansion into the insurance sector.

  • Aviva ‘immoral’ as row over defence company investment hots up

    November 6, 2023

    Defence secretary Grant Shapps has warned insurance giant Aviva against 'immorally' divesting from defence companies.

  • Aviva hammers government push for North Sea oil and gas drilling

    October 30, 2023

    Insurer's chief executive Amanda Blanc fears UK's climate goals are under threat

  • Businesses’ payroll bill to soar by £300m as London living wage increases

    October 23, 2023

    Payroll costs in the capital are set to soar by over £300m as the London living wage increases by a tenth. Businesses signed up to the voluntary scheme will see their salary expenditure go up by £304,200,000 after the rate jumps from £11.95 an hour to £13.15 for 130,000 employees. Firms accredited include half the [...]

  • Kemi Badenoch shuns invite to address scandal-hit CBI

    October 23, 2023

    Kemi Badenoch has snubbed an invitation to the CBI's annual conference, ahead of the Autumn Statement.

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