‘Sobering and devastating’: Lloyd’s of London bosses speak out on sexual misconduct claims September 18, 2019 Top bosses at Lloyd’s of London have expressed deep regret over a swathe of sexual misconduct allegations that have blighted the historic insurance market’s reputation. The chairman and chief executive of Lloyd’s both said this morning that revelations of sexual harassment and assault against women at the firm had been devastating. Chairman Bruce Carnegie-Brown told [...]
Lloyd’s of London profits rise to £2.3bn September 18, 2019 Lloyd’s of London has reported pre-tax profits of £2.3bn for the first six months of 2019. The historic insurance market’s profits before tax climbed from £600m in the previous year, with boss John Neal citing “increased discipline” for the rise. Neal said: “It is encouraging that the Lloyd’s market is showing increased discipline in 2019 [...]
Banks can’t ignore the disruptors any longer September 17, 2019 Inside one of the City of London’s oldest buildings, bankers are discussing the future. Amid trade war turmoil, Brexit uncertainty and climate change concerns, there is one issue above all that dominates the agenda; digitalisation. It is a topic at the heart of the 23rd World Conference of Banking Institutes held at the City’s Guildhall, [...]
Can you Brexit-proof your investment portfolio? September 16, 2019 The future of Brexit is unknown, but investors and traders need to be proactive if they are to avoid any sudden shocks. Here’s how you might Brexit-proof your investment portfolio. The UK hasn’t left the EU yet, but Brexit is already wielding its influence over the financial markets. For the past three years, investors and traders [...]
Bubbling over: Meet the English sparkling wine makers beating the French at their own game September 16, 2019 The Nyetimber estate is toast-worthy: tree-lined country lanes give way to a manicured driveway, revealing the lovingly restored tasting room. The medieval estate’s garden in full-bloom complete with fountains. The weather is, however, nothing to celebrate. I’m greeted with umbrellas and wellies. Another roaring British summer. The scene encapsulates what the owner of the Sussex [...]
DEBATE: Would a no-deal Brexit really be bad for business? September 5, 2019 Would a no-deal Brexit really be detrimental for British business? YES, says Dinesh Dhamija, an entrepreneur and a Liberal Democrat MEP for London Crashing out of the EU with no deal will plunge us into 10 years of trade negotiations. That means even more uncertainty – and uncertainty is a cancer for business. Already, foreign [...]
When business partners behave badly: How to rein in a shady coworker September 2, 2019 In the wake of the #MeToo movement, there has been a great deal of focus on how to tackle the toxic work culture that exists in some industries and businesses. Many companies have been pushing for cultural change, motivated by the desire to create inclusive work environments, and limit the reputational and financial damage that [...]
Sajid Javid to meet City figures for talks on a no-deal Brexit September 1, 2019 Sajid Javid will meet key City figures tomorrow in a bid to persuade them that a no-deal Brexit could provide opportunities for businesses. The chancellor is to hold a meeting with the bosses of financial powerhouses such as Barclays, Goldman Sachs and the London Stock Exchange Group on Monday, which will also be attended by [...]
Britain’s Luke Campbell on his world title shot, facing pound-for-pound No1 Vasiliy Lomachenko and rediscovering his happiness August 28, 2019 It was just under two years ago that British boxer Luke Campbell lost his father and then his first world title fight in the space of two weeks. The 31-year-old former Olympic champion pushed through the pain to fight Jorge Linares but would ultimately lose to the Venezuelan by a split decision in California – [...]
City Moves for 23 August – Who’s switching jobs at Oxford Properties, WH Ireland and Mediconnect? August 23, 2019 Today’s City Moves includes Oxford Properties, WH Ireland and Mediconnect. Oxford Properties Global real estate investor, developer and manager Oxford Properties Group, has announced a series of changes to its leadership team and the appointment of Dean Hopkins as chief operations officer. The changes come at a time of rapid worldwide growth for Oxford, which [...]