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 [...]
Aviva: Direct Line buyout ‘firmly on track’ despite CMA investigation May 15, 2025 Aviva expects its £3.7bn acquisition of Direct Line to be completed by the middle of this year despite a new investigation by the competition watchdog into the deal. In a trading update, the insurance giant’s CEO, Amanda Blanc, said the acquisition was “firmly on track,” and cash to pay for the takeover had been ring-fenced. Yesterday, the Competition [...]
Trade deals set to boost Indian equities say analysts May 14, 2025 A fragile ceasefire with Pakistan and trade deal with the UK has left analysts hopeful for a stock market surge in India, as the government seeks to take a bite of China’s electronic manufacturing industry. On Monday following the peace deal, India’s ‘Nifty 50’ blue chip stocks recorded their best day in four years, and [...]
Revolut, Monzo and Wise: The UK fintechs slapped with the most complaints May 9, 2025 Fintechs may be giving banks a run for their money on innovation, but fresh data reveals they’re also competing on the unenviable field of complaints. New figures from the Financial Ombudsman Service (FOS) showed Monzo and Revolut topped the fintech industry for the most complaints. Both firms’ customer bases swelled to over 10m users in [...]
Saga: Cruise demand drives double-digit profit increase April 9, 2025 Saga, the financial services and travel provider for over-50s, has reported profit ahead of market expectations, driven by demand for cruises. The company told markets this morning that underlying profit before tax for the year ended January 31 was £47.8m, up 25 per cent year on year. Revenue for the year was £588.3m, up four [...]
Bank of England asks lenders about clients’ stability as Reeves brands system ‘resilient’ April 8, 2025 The Bank of England has asked lenders about their clients’ financial well-being after Trump’s tariff onslaught triggered chaos across financial markets. The central bank asked firms for information about market liquidity and whether any of their clients were having funding problems, according to the Financial Times. The Prudential Regulation Authority, which is responsible for the [...]
Trump’s tariffs set to drive UK insurance coverage costs up April 4, 2025 After the US slapped several of the world's largest economies with tariffs, the insurance market in the UK prepares for increased costs.
Grand National Free Bets and Betting Offers 2025 April 4, 2025 The Grand National is one of the most highly anticipated events in the horse racing calendar, alongside the Cheltenham Festival. It is a great opportunity to bet on this exciting market, and the vast range of betting offers and Grand National free bet promotions make it even better. This article will cover everything horse racing [...]
In a stormy world, the UK can pitch itself as a safe harbour for investment March 31, 2025 The stormy economic outlook overseas creates an opportunity for the UK to act as a safe harbour for investment, writes Chris Hayward.
Championship rugby boss set for top RFU role March 27, 2025 A key figure in the Championship is being lined up for a top Rugby Football Union (RFU) role, City AM understands. London Scottish chairman Stephen Pearson is believed to be preparing a bid to become RFU president. It is not certain whether he will run unopposed but, if successful, will first become junior vice-president and [...]