FTSE roundup: Insurers dampened by heavy weather as Serco jumps on outsourcing woes September 28, 2018 The FTSE 100 ended the week 0.47 per cent down today, as a number of major insurers took heavy losses during trading on Friday. The index dropped 35.24 points to end the day at 7,510.20 RSA Insurance was the biggest loser on the stock market today, shedding 9.31 per cent after it told investors profits would be lower [...]
Saga’s voyage of recovery interrupted by declining profits September 27, 2018 Retirement insurance and travel firm Saga this morning said it was making strong progress on its recovery despite reporting declining underlying before-tax profit. Underlying profit at the firm dropped 3.7 per cent to £106.8m – which was due to Saga investing heavily in its business and marketing, chief exec Lance Batchelor told City A.M. The firm's [...]
How psychology explains why we make money mistakes and our attitude to financial risk September 26, 2018 Many of us don’t think that we’ll ever experience a financial shock, whether that’s the boiler breaking down, an unexpected bill, or having to take extended time off work due to sickness or injury. Despite this, the Financial Conduct Authority found that more than half of UK adults show one or more signs of [...]
AA profits fall into a pothole as roadside repair firm blames Beast from the East September 26, 2018 Bad weather sent AA profits crashing in the first half of 2018, the roadside recovery firm said today, sending its share price down over four per cent. The figures Pre-tax profits fell 64 per cent year on year to £28m, with revenue growing just two per cent to £480m, fuelled by the AA’s roadside [...]
Every man’s office is his castle: Chris Morling tells us about the time his business unintentionally spread fake news September 17, 2018 What kind of boss decides to buy a castle and use it as an office? Apparently, a boss like Money.co.uk founder Chris Morling. While some might presume that purchasing a castle is merely a grandiose way of making a statement, Morling is far from a show-off. In truth, the idea started out as a [...]
Every man’s office is his castle: Chris Morling tells us about the time his business unintentionally spread fake news September 17, 2018 What kind of boss decides to buy a castle and use it as an office? Apparently, a boss like Money.co.uk founder Chris Morling. While some might presume that purchasing a castle is merely a grandiose way of making a statement, Morling is far from a show-off. In truth, the idea started out as a [...]
The green economy race is heating up – and Britain has the edge September 14, 2018 More than two centuries after our role at the leading edge of the Industrial Revolution, the UK needs a new economic and social transformation. One that sees global carbon emissions reduce dramatically. One that is essential for protecting our planet’s health and improving quality of life for future generations. The government strongly believes that the [...]
The green economy race is heating up – and Britain has the edge September 14, 2018 More than two centuries after our role at the leading edge of the Industrial Revolution, the UK needs a new economic and social transformation. One that sees global carbon emissions reduce dramatically. One that is essential for protecting our planet’s health and improving quality of life for future generations. The government strongly believes that the [...]
Super Soco review, price, specs and details: Could this be the Tesla of motorcycles? September 6, 2018 The first time I rode a moped, I immediately crashed it into a parked car near my house. Just ramped up onto the pavement like Steve McQueen and smashed into a Fiesta, causing several pounds worth of damage. I was 15 years of age, which is so long ago now that no policeman can arrest [...]
Private equity firm BC partners exits Sabre Insurance with £116m share sale September 5, 2018 Sabre Insurance founder Angus Ball and private equity fund BC Partners today sold £116m shares in the car insurance company. The share sale means that former majority shareholder BC Partners has sold its remaining holding in the company while Ball now holds a 1.8 per cent share. Read more: Private equity firm Apollo takes Aspen [...]