Europe’s £10bn cum-ex tax scandal set to rumble Square Mile after key ruling November 13, 2023 Banks and investors in the Square Mile are set to be hit with more claims over Europe's biggest ever tax scam following a key ruling last week.
Lloyd’s of London SPAC venture scrapped due to volatile markets November 13, 2023 Financials Acquisition Corp said on Monday it would enter liquidation as it scraps a planned merger with its newly formed insurance venture, citing "insufficient" cash commitments due to volatile capital markets.
Clapham chaos: London commuters over-charged hundreds due to faulty card readers November 10, 2023 It is understood the issues began last Thursday when torrential rain caused flooding, and the issue has now been resolved.
West End London office rates rise prompted by four-day workweek November 9, 2023 According to Savills, occupancy rates in the area have risen to 62 per cent up from 50 per cent in the last six months.
All institutions come with the baggage of history, but good can still be done November 9, 2023 There are no easy answers – and none that will satisfy everybody – to settling historic ‘bills’ for involvement in the slave trade. Under pressure for a number of years, Lloyds of London announced yesterday a £50m investment in diversity and inclusion initiatives that it hopes will open the door of the insurance market to [...]
Sunak to grill Met Police chief for giving go-ahead to Gaza rally November 8, 2023 Downing Street insisted the Prime Minister will be seeking assurances that the Met’s approach is 'robust'
Lloyd’s pledges £52m to projects to address slave trade role November 8, 2023 Lloyd’s of London has pledged to invest over £50m in a host of global development projects as the insurance marketplace looks to address its historic role in the transatlantic slave trade.
Insurance SPAC boss: London loves a bad headline – but we’re the best in the world November 2, 2023 London loves a “bad headline” and should instead embrace its role as the “global centre” of insurance expertise, the boss of a listed acquisition vehicle has claimed, as he prepares to debut a new insurance firm on the public markets this month.
Mark Kleinman: Why Starling needs Engine to fuel IPO dream November 2, 2023 Mark Kleinman is City editor at Sky News Starling needs Engine to fuel IPO dream Companies offer myriad reasons for the departures of chief executives. Few are as downright peculiar as the one given by Starling Bank when it announced in May that founder Anne Boden was stepping down. “Now that we have grown from [...]
Sanctioned Russian billionaire appeals ex-wife’s divorce case – which would be highest-value separation ever October 31, 2023 Potanina’s legal team say the Court of Appeal took the correct approach and that she has “earned her share” of the family’s wealth after years of marriage.