Aviva partners with ICE InsureTech for digital transformation October 13, 2025 Insurance giant Aviva has rolled out a digital insurance platform in partnership with ICE InsureTech, completing a transformation project in just 12 months. The overhaul saw Aviva go live in September 2025 with ICE’s Policy Admin System, a software-as-a-service (SaaS) platform aimed at streamlining operations and enabling fully digital insurance journeys. The system allows white-labelled, [...]
Nigel Farage vows to make savings before tax cuts October 13, 2025 Reform UK’s Nigel Farage has vowed to make sweeping spending cuts before cutting taxes for Brits while hitting out at “cretins” for imposing too much regulation in the City in comments that reflect his moves to take on economic policy head-on. Farage said the party’s next manifesto would be “fully-costed”, a statement that reflects the [...]
Surge in cyber attacks expected to generate windfall for consultants October 13, 2025 The recent surge in cyber attacks targeting major businesses and government entities is expected to drive an increase in spending on cybersecurity services from consulting firms. Cyber attacks have dominated the headlines this year, with recent incidents, such as the attacks on the Co-op and Jaguar Land Rover, resulting in substantial financial hits for the businesses. The [...]
Andrew Bailey: Stock markets could crash if debt levels spiral October 13, 2025 Bank of England Governor Andrew Bailey has warned that stock markets could suffer a “disorderly adjustment” due to spiralling debt levels and other vulnerabilities. Ahead of a seminal week in Washington DC where global financial leaders are set to discuss the future of multilateralism, Bailey said bullish markets and spiralling sovereign debt levels had left [...]
Why don’t London’s luxury hotels make any money? October 13, 2025 London is home to some of the most iconic and well-known luxury hotels in the world. The Savoy, the Ritz, The Dorchester and Claridge’s, to name just a few, are renowned the world over and have played host to the ultra wealth, celebrities and royalty. Also appearing in a string of popular films, London’s luxury [...]
Virgin Atlantic CEO in the departure lounge as successor named October 13, 2025 The chief executive of Virgin Atlantic, which was founded by Sir Richard Branson, is to step down as his successor was named. Shai Weiss is to leave his position at Virgin Atlantic after seven years at the end of 2025. He will be succeeded by Corneel Koster. Koster re-joined Virgin Atlantic in 2019 as a [...]
Can Liverpool really add £10bn to its economy? October 13, 2025 The Labour mayor of the Liverpool City Region has unveiled a 10-year plan to create tens of thousands of jobs and add £10bn to the local economy. Steve Rotheram’s “bold and ambitious” plan has been described as a “roadmap” to increasing wages, driving investment, raising living standards and providing better services for the region’s 1.6m [...]
A harmful budget risks shattering IPO revival, Cavendish chief warns October 13, 2025 The boss of a London-listed investment bank has warned Rachel Reeves must be “careful” her budget policies do not damage the recuperating IPO market. Speaking to City AM at City & Financial Global’s Capital Markets Summit, Julian Morse, chief executive of Cavendish, said: “The main driver [of the IPO market] is the economy, so if [...]
Peel Hunt: UK’s IPO prospects now on a ‘level playing field’ October 13, 2025 The City’s IPO prospects now stand on a “level playing field” with other major venues, despite a battle to keep the next generation of listing talent in the UK, a top market analyst has said. Speaking at City & Financial Global’s Capital Markets Summit, Charles Hall, head of research at Peel Hunt, said: “There are [...]
Big jump for Big Yellow shares as Blackstone eyes takeover bid October 13, 2025 Shares in Big Yellow rocketed on Monday morning after it emerged the London-listed business could be in line for a takeover from real estate investment giant Blackstone. In a statement, the self-storage firm confirmed Blackstone was “considering its position in relation to the company, which could include a cash offer for the entire issued, and [...]