Beazley kicks off buyback after profit hits a record March 7, 2024 Insurance firm Beazley has kicked off a $325m share buyback today after notching record profits over the past year.
Hundreds of ‘erroneous’ Companies House filings reveal widespread misinformation on big firms March 5, 2024 Hundreds of "erroneous" filings made at Companies House have raised fears over a sophisticated fraud targeted at banks and other financial providers.
Hiscox benefits from marketing blitz as insurer posts record profits and launches £118m buyback March 5, 2024 Hiscox benefits from marketing blitz as insurer posts record profits and launches buyback
Windfarm on disgraced Tory donor’s land hit with fine for overcharging March 4, 2024 The body said that the prices set by Dorenell Windfarm Limited (DWL) "did not properly reflect the financial benefits" of reducing its output related to avoided payments that otherwise would have been required by the Government’s Contracts for Difference scheme.
Aviva back into Lloyd’s for first time in two decades after £242m acquisition March 4, 2024 Aviva will re-enter the Lloyd's market after the acquisition of Probitas, with the insurance giant looking to boost its commercial business
City braces for day of carnage as XR and Palestine protestors descend on Square Mile – with not even a pint safe February 29, 2024 The Square Mile is set to play host to a raft of climate and pro-Palestine protests today, with one insurer's building already covered in red paint.
Extinction Rebellion blockades Lloyd’s of London building as City police make arrests February 28, 2024 Extinction Rebellion posted an image of a van full of equipment, including a megaphone and paint-covered items.
Labour demands Truss and Anderson lose whip as pair rebuked by senior Tory February 24, 2024 Labour has called for Liz Truss and Lee Anderson to lose the Conservative whip over media appearances that also caused anger within Tory ranks. In a letter to Prime Minister Rishi Sunak on Friday, shadow paymaster general Jonathan Ashworth said “egregious” remarks made by the pair “cannot go unchecked or unchallenged”. Truss had used a [...]
Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries February 23, 2024 The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base. In 2023, sales of super-luxury new-build London apartments rose by 137 per cent to an average of £4,306 per square foot, according to Beauchamp Estates. Supply of luxury houses has also been boosted by an influx [...]
FTSE 100 close: London joins Nvidia fuelled rally following strong PMI February 22, 2024 FTSE 250, which is more aligned with the UK's domestic market, was in the green around 0.27 per cent up, with Indivior's shares at +18 per cent.