Direct Line bosses out ahead of £3.7bn Aviva deal after bumper bonus revolt June 23, 2025 The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their roles when the deal is finalised next month. In a statement, the company said a leadership team for Direct [...]
British and Irish Lions ticket prices teeter on verge of greed June 20, 2025 I love the British and Irish Lions but quite frankly the touring side is teetering on becoming a black hole of greed, pulling fans’ precious pennies and pounds into a vortex of commercial excess. Take Friday’s exhibition match against Argentina at Dublin’s Aviva Stadium. There were a number of single tickets still available just yesterday [...]
Legal & General: FTSE 100 giant touts asset management plans June 18, 2025 Legal & General is set to delve further into the asset management markets after outlining its fresh growth plan on Tuesday. The firm’s asset management arm, which oversees £1.1 trillion in assets, is setting out targets for the coming year to notch over £500m in operating profit. If successful, this would mark a sharp jump [...]
Rachel Reeves to shake up pensions to boost UK investment June 5, 2025 The government is set to shake up UK pensions today, with Rachel Reeves planning several government-backed megafunds to boost pension wealth and investment. In the most significant reform to the pensions system since 2021, the bill will focus on six areas – from giving the government a “reserve” power to force pension schemes to invest [...]
St James’s Place CIO: I was told not to bother with a City career June 5, 2025 Justin Onuekwusi's teacher told him he wasn't suited to a professional career. Now, CIO of St James's Place, he takes us through his career.
Lloyd’s of London new CEO sets out vision and new executive team June 2, 2025 Patrick Tiernan kicked off his first day as Lloyd's new chief executive with a letter, telling the market his aim "is to make working at Lloyd's always feel special"
Hargreaves Lansdown predicts FTSE small cap surge amid low valuations May 27, 2025 Hargreaves Lansdown have backed the investment case for the smallest companies in the UK, predicting that the FTSE small cap sector will rally thanks to its low valuations. Describing the smaller companies investment space as “compelling,” the investment platform noted that over the last five years, the FTSE small cap index (excluding investment trusts) has [...]
Six Nations to stage first Thursday match since 1948 May 19, 2025 The Six Nations will have a match on Thursday for the first time since 1948 after fixtures for the 2026 competition were confirmed on Monday. Ireland will travel to take on France on Thursday 5 February in the opening match of the 2026 competition as France aim for back-to-back titles. The shift to a Thursday [...]
Ofwat: Water regulator courts investors with refreshed PFI deals May 16, 2025 Ofwat is courting investors with plans to guarantee risk and minimise competition as it looks for more than £50bn to upgrade the water sector’s second-rate infrastructure. Private investors will have the “right to collect” revenue from customers, “opportunities for upside”, “capped liabilities” and “investment positive” support from the government, according to a briefing paper seen [...]
Don’t force pension funds to buy British, Aviva chief warns ministers May 15, 2025 British pension funds should not be forced to invest in UK assets, the boss of one of London’s biggest insurance firms has said, in a rebuke of the government’s pension reforms plans. The Treasury this week helped seal a voluntary, non-binding agreement by pension funds, dubbed the Mansion House Accord, will see increased investment into [...]