AA races ahead with plans for £1.4bn flotation June 6, 2014 BRITAIN’S largest car insurer and roadside recovery firm, the AA, yesterday confirmed its intention to list on the London Stock Exchange in the second half of this month. The company’s current private equity owners want to sell off the stock to a buy-in team, backed by institutional investors, who will then take it public. They’ll [...]
AA confirms plans to float at £1.4bn valuation June 6, 2014 Britain's largest car insurer and roadside recovery firm, the AA, has confirmed its intention to list on the London Stock Exchange in the second half of June. The company's current private equity owners want to sell off the stock to a buy-in team, backed by institutional investors, who will then take it public. They'll be [...]
Eating lunch at your desk could be risking your health, says new report June 6, 2014 Both workers and employers are being urged to end Britain's culture of eating lunch al desko to safeguard health. According to the Chartered Society of Physiotherapy (CSP), a lack of activity during your lunch hour can result in ill-health, leading to more time taken off work over the long run. The study of 2,000 people found [...]
Activist ups its stakes in bid to sue Lloyds Bank June 5, 2014 ACTIVIST investor Crystal Amber will reportedly up its stake in NBNK Investments, the vehicle which lost out during the auction of Lloyds Bank’s 630 branches in 2012, in a move to pursue legal action against the bank. NBNK has lined up law firm Stewarts Law to take legal action against Lloyds, which chose the Co-operative [...]
Exiles promoted with Bristol win June 4, 2014 RUGBY UNION: London Welsh sealed their immediate return to the Aviva Premiership last night with a 21-20 win against Bristol in their Championship final second-leg, completing a 48-28 aggregate win.
City Moves for 04 June 2014 | Who’s switching jobs June 3, 2014 Akur Capital The capital markets advisory firm has announced the appointment of Siobhan Sergeant as head of corporate finance execution. She was most recently at Smith & Williamson, where she was a director in its corporate finance division. Aviva Investors Aviva Investors has appointed Susan Ebenston as chief operating officer. She joins from Westpac Group [...]
Ex-Aviva chief Moss ventures back into City June 2, 2014 FORMER Aviva boss Andrew Moss has re-emerged in his first role since being deposed from the FTSE 100 insurer two years ago. Moss, who was ousted from the company in 2012 after a revolt from shareholders, will join risk consultancy Parker Fitzgerald as chairman of the advisory board, the company confirmed yesterday. “His market knowledge [...]
City Moves for 03 June 2014 | Who’s switching jobs June 2, 2014 Charles Stanley The investment management firm has announced the appointment of Paul Abberley as chief investment officer. He was most recently at Aviva Investors, where he was acting chief executive and member of its group executive committee. Prior to that, Abberley spent eight years at ABN Amro Asset Management, where he was chief investment officer for its [...]
Mallinder extends Saints stay June 2, 2014 RUGBY UNION: Northampton director of rugby Jim Mallinder has agreed a five-year contract extension with the Aviva Premiership champions. Following his appointment in 2007, Mallinder guided Saints to promotion from the Championship and has since secured one LV= Cup and two Amlin Challenge Cups.
Sarries staying upbeat despite double defeat June 1, 2014 SARACENS may be reeling from a double dose of final misery but director of rugby Mark McCall insists their season has still been one to remember. Saturday’s nail-biting 24-20 extra-time loss to Northampton Saints in the Aviva Premiership Rugby showpiece followed hot on the heels of the Heineken Cup final disappointment against Toulon a week [...]