Admiral: ‘Mammoth’ price hikes to feed profits but dividend could be lowered March 3, 2024 Admiral is set to report its full-year results next week, with analysts expecting price hikes throughout 2023 to feed through to the profit line.
UK political disruption threatens £100bn infrastructure boost, insurers say February 19, 2024 Public sector bodies must given greater powers to ease the impact of "short-term political disruption” if top investors are to pump up to £100bn into UK infrastructure projects, a new report has warned.
Close Brothers faces uncertain future as FCA motor finance probe sparks crisis February 15, 2024 Close Brothers shares collapsed on Thursday after it cancelled its dividend for the current financial year and announced that 2025 payouts would be placed under review amid a City watchdog probe into motor finance - a major part of its business model.
Top City investors unite in plan to unlock funding for British start-ups following Hunt’s Mansion House reforms February 13, 2024 A group of top pension and venture capital chiefs are drawing up plans to unlock a wave of cash from the pension industry into Britain’s start-ups, as the industry looks to implement a government-led commitment signed last year.
Post Office scandal provides a chance to review the benefits of cooperatives January 30, 2024 The scandal at the Post Office means the spotlight has now fallen on the societal value of businesses – and cooperatives provide a great alternative business model, write Rose Marley and Andrew Whyte The Post Office Horizon Scandal dominated public consciousness in the wake of the popular ITV drama series and the ongoing public inquiry [...]
Shipowners and traders gear up for legal clashes over Red Sea conflict January 28, 2024 The shipping industry is gearing up for legal clashes over who is liable for costs and damages incurred when transiting the Red Sea.
Howden hails business as insurance brokers ramp up partnership with British and Irish Lions January 15, 2024 Founder of City insurance group Howden has insisted that “business is on fire” as it prepares to announce its annual results next month. “It was another very strong year for us,” founder and chief executive David Howden told City A.M. “You’ll see that we have already announced a couple of other critical acquisitions in Europe [...]
Investors look set to pour cash into infrastructure following BlackRock acquisition January 15, 2024 Top investors on both sides of the Atlantic could be set to pump cash into the $1trillion infrastructure market as governments ramp up pressure on the private sector for investment.
English lawyers in Europe still face huge challenges after Brexit, legal chief warns January 8, 2024 English lawyers working in Europe continue to face a host of issues following the UK’s exit from the European Union, the president of Law Society of England and Wales has said, warning it could impact the appeal of working with English Law.
National insurance cut by 2 per cent January 6, 2024 The main rate of national insurance was today cut by two percentage points, from 12 per cent to 10 per cent. The move, announced in last year’s autumn statement, was hailed by the Conservatives but Labour called it a “raw deal” and economists said many households are still facing the burden of high taxes. Chancellor [...]