Berkshire Hathaway Specialty Insurance Appoints Rory O’Broin as Global Head of Transactional Liability March 4, 2026 Berkshire Hathaway Specialty Insurance (BHSI) today announced the appointment of Rory O’Broin as Global Head of Transactional Liability. “We are delighted to welcome Rory to BHSI and look forward to the significant contribution he will make to our Global Transactional Liability business,” said Hilary Browne, Global Chief Underwriting Officer at Berkshire Hathaway Specialty Insurance. “His [...]
Carabao Cup final ticket scam: Arsenal and Manchester City fans warned March 4, 2026 Arsenal and Manchester City fans have been targeted by scammers selling fake tickets to this month’s Carabao Cup final at Wembley. Competition organiser the EFL is working with police and anti-fraud authorities to block websites offering non-existent tickets for the match on Sunday 22 March. Both Arsenal and Manchester City quickly sold out of their [...]
Wood Group hit with £13m fine as engineering titan set to exit City March 4, 2026 Scottish engineering titan John Wood Group has been slapped with a hefty fine after it produced inaccurate information in its financial results. The London-listed firm will cough up £13m following an investigation from the Financial Conduct Authority (FCA) concluding its “accounting judgements were inappropriately influenced by its desire to maintain previously stated financial results”. The [...]
Profit slides as Beazley eyes Bermuda amid Zurich £8bn takeover March 4, 2026 One of the UK’s biggest listed insurance firms suffered a slide in profit as the company prepares to be acquired by Swiss giant Zurich. FTSE 100 insurer Beazley posted pre-tax profit of $1.14bn (£870m) for the year to end December 2025, a fall of around a fifth compared to the previous year amid a softening [...]
Trump demands US-backed insurance as firms suspend cover in Persian Gulf March 4, 2026 Donald Trump calls for a US-backed insurance following news that most of the world’s largest maritime insurance firms are set to cease covering war risks for ships entering the Persian Gulf. On 5 March, various members of the London-based International Group of Protection and Indemnity Clubs will automatically terminate war-risk cover if vessels enter the [...]
Autonomous vehicle firm Oxa taps BP, Nvidia in $103m funding round March 4, 2026 British autonomous vehicle firm Oxa has raised $103m (£77m) in a fresh funding round after attracting support from the world’s most valuable tech firm, Nvidia. The Oxford-based business, formerly known as Oxbotica, completed the Series D raise with backing from the government’s National Wealth Fund as well as from the venture arm of energy giant [...]
This is low-key the best place to drink Italian wine in London… March 4, 2026 Please put that Pinot Grigio down. I know you think this Italian wine is a safe bet, but you are missing out. Italian cooking traditions were recently added to the UNESCO World Heritage list and they deserve a more interesting dining companion. Sale e Pepe Mare is the most anticipated opening this week, with the [...]
Britain’s tech sector ‘massively punches above its weight’ March 4, 2026 The UK’s tech sector continues to generate capital, attract global investment and talent, yet the domestic narrative often points to a country in retreat. “We have a huge narrative issue”, Russ Shaw, founder of Global Tech Advocates and London Tech Advocates, told City AM. “We’re the third largest tech ecosystem in the world. We have [...]
It’ll take more than planning reform to get London building again March 4, 2026 London isn’t just facing a housing delivery downturn. It’s facing a double development whammy of falling housing starts combined with a deep decline in the pipeline of new commercial development coming forward, says Melanie Leech Down, down, deeper and down go the lyrics from a track by Status Quo from the early 1970s. A decade [...]
First real estate float on challenger stock market Aquis March 4, 2026 A Yorkshire retail centre will become the first real estate asset to float on Aquis, London’s challenger stock exchange, with the firm to issue more than £25m in shares, City AM can reveal. Scotch Corner Designer Village will launch its IPO in April, becoming the first listing as part of Aram, Aquis’ real estate division. [...]