Coalition of football clubs file lawsuit against insurers in wake of landmark Axa ruling May 17, 2022 A coalition of football clubs have filed a multi-party lawsuit against six major insurers seeking a larger payout for money lost during Covid-19, after the UK’s Supreme Court said businesses are allowed to reclaim losses suffered due to the impacts of the pandemic. A consortium of 20 separate claimants – including Arsenal, Liverpool, and Aston [...]
Arsenal, Tottenham, Liverpool and 17 other top clubs hire City firm to take on UK’s biggest insurers in mega football claim May 17, 2022 Some of England’s biggest football clubs – including Arsenal FC, Aston Villa FC, Tottenham Hotspur FC and West Ham FC, have instructed City law firm Clifford Chance to launch a multi-party action against some of the biggest insurance players in London. The group of 20 claimants, which also includes Liverpool FC and Leicester City FC, [...]
Ollie Phillips: Whoever wins in Dublin will go on to win the Champions Cup May 13, 2022 Last Weekend’s European rugby quarter-finals were a brilliant watch, and I was enthralled by the Champions Cup penalty shootout win for Toulouse against Munster, but this weekend I expect the performance levels to increase further. This is the pinnacle of the club game and the teams are just one win away from the finals later [...]
Top pension funds throw weight behind emerging market net zero transition May 12, 2022 A group of the UK’s top pension funds have thrown their weight behind driving the net zero transition in emerging markets today, as pressure grows on pension scheme to decarbonise their investment portfolio.
Aviva chief Amanda Blanc speaks out against City sexism following ‘inappropriate’ comments at AGM May 11, 2022 Aviva chief Amanda Blanc has spoken out against sexism in the City, after she was subjected to a barrage of “sexist and derogatory” comments at Aviva’s annual general meeting (AGM). The insurance industry veteran said she had observed an increase in incidents of overt sexism during her 30+ years in the financial services sector, as [...]
The City View: Aviva CEO calls out City sexism, and recession likely May 11, 2022 Today Andy Silvester talks to City A.M. reporters Leah Montebello and Jack Barnett. Jack takes us through a prediction by the National Institute of Economic and Social Research of a technical recession at the end of the year, and talks inflation worries; and Leah discusses ITV’s new streaming service, and Channel 4’s partnership with YouTube. [...]
Aviva chair hits back at shareholders following ‘inappropriate’ comments at AGM May 11, 2022 The chair of Aviva has said he was left “flabbergasted” by a barrage of “inappropriate” comments targeted towards female board members at Aviva’s annual general meeting (AGM) this week. The Aviva chair hit out at shareholders, after investors subjected female company executives, including Aviva chief Amanda Blanc, to a barrage of sexist comments on Monday, [...]
France dominate semi-final schedule as clubs add to festival of rugby May 9, 2022 It’s no secret that France has been grabbing the headlines in international rugby: Six Nations champions, hosts of the next World Cup and home to the world player of the year Antoine Dupont. But fans the continent over are currently enjoying a golden era of French club rugby, too, with 19 of the possible 40 [...]
Forget a windfall tax, our pension funds need to give up their fossil fuel addiction May 6, 2022 Yesterday, Shell reported their highest ever quarterly profits after raking in $9.13bn. Only days before, BP had similar results, with the largest earnings in more than a decade. Even if you didn’t know much about the industry, with the surging price of oil and gas, you could have easily predicted this. Indeed, many politicians did, [...]
Ollie Phillips: A Leicester Tigers European triumph would be incredible May 6, 2022 If Leicester go on to win the Champions Cup this season I think it will be one of modern rugby’s greatest stories. From an extremely poor season just two years ago to the quarter-finals of Europe, while also heading up the Premiership table, is testament to Steve Borthwick and his ability to nurture a squad [...]