Legal & General hires bankers to sell its general insurance business December 12, 2018 Legal & General has appointed an investment bank to sell its general insurance arm. According to Sky News, L&G has hired Fenchurch Advisory Partners to sell the business in a deal that could be valued at more than £300m. L&G previously tried to dispose of its general insurance arm three years ago, but that attempt [...]
No confidence: This is how Tory MPs plan to vote in tonight’s crucial contest over Theresa May’s future as Prime Minister December 12, 2018 The number of MPs who have declared themselves either in support of or against the leadership of Prime Minister Theresa May is growing. Here's who has said what so far. A vote of no confidence was triggered this morning, after more than 48 MPs sent in letters to Sir Graham Brady who controls the process. The [...]
Four people killed in Strasbourg Christmas market shooting December 11, 2018 Four people have died and several have been injured following a shooting at a Christmas market in the French city of Strasbourg. At least four people have been killed, Sky News reported, and at least seven people were seriously injured and taken to hospital after a gunman entered the market and opened fire this evening. Four others have suffered [...]
Royal London to appoint Standard Life Aberdeen board member Kevin Parry as chairman December 10, 2018 Royal London will appoint Standard Life Aberdeen board member Kevin Parry as its chairman this week. The company is set to announce that Parry will replace former Bank of England deputy governor Rupert Pennant-Rea, who has been in the role for five years, Sky News reported. The appointment will see Parry step down from his role [...]
O2 restores 3G and 4G services after Ericsson software issue led to day-long data outage for 32m customers December 7, 2018 O2's network has been fully restored after a data outage affecting up to 32m customers lasted the entirety of Thursday. Problems were first reported at around 5.30am yesterday, with O2 customers saying they could not use 3G or 4G data. The error also took down Giffgaff, Sky's mobile services, Lycamobile and Tesco Mobile, which all rely on [...]
Horse racing betting: How UK punters can bet on Sha Tin’s HKIR meeting December 6, 2018 RACING from Hong Kong continues to grow in popularity around the world, especially in the United Kingdom where bettors can take advantage of the monster pots from the world’s largest tote pools. Household-known jockeys such as Silvestre de Sousa, Oisin Murphy, Ryan Moore and Neil Callan have all ridden out in Hong Kong in recent [...]
Gambling firms see shares drop amid reports of TV advert ban December 6, 2018 Shares in major gambling firms took a hit today following reports of a ban on advertising during live sports events. Paddy Power, Bet365 and Ladbrokes are among major bookmakers that have reportedly agreed to a ban on TV adverts during sports broadcasts amid fears aggressive marketing campaigns are fuelling the UK’s gambling problem. Shares in [...]
A technophobe’s guide to digital jargon December 6, 2018 Don’t know your bit from your byte? Or your cookie from your cache? Don’t worry. The technophobe’s guide to common digital jargon is here to help. Productivity Software Productivity software is a catch-all term for any particular software or app that aids productivity. It generally comes in the guise of word processing, spreadsheet, presentation or [...]
Sir Martin Sorrell fights hard to remain king of adland December 6, 2018 Sir Martin Sorrell channelled his inner Frank Sinatra recently and proclaimed that the success of his new venture S4 Capital would be “the best form of revenge” against WPP. “I want to build the best,” the businessman said of his new advertising outfit, which he previously called a “peanut” in comparison to the global scale [...]
The Shard relaunches Western Europe’s highest light show December 3, 2018 The Shard’s Christmas lights are back with a bang this evening, transforming the top 20 storeys of the skyscraper into a festive light show. This year’s Shard Lights display sees London’s tallest building host a colourful 30-minute show running every half an hour from 4pm to 1am. The light show is based on the theme [...]