City Matters: How British companies can help Latin America unlock its huge potential May 18, 2014 THE EYES of the world are turning to Brazil as “the beautiful game” returns to its spiritual home next month. This is an exciting time for all the teams involved ahead of the World Cup, but also one filled with major challenges and opportunities – a situation not dissimilar to that facing Latin America as [...]
What’s in a name? May 15, 2014 WHEN this big retail merger is finalised, the combined group will be known as Dixons Carphone. But why are they hanging onto the Carphone bit when no-one has one anymore? The first car phone was used in St Louis on 17 June 1946. It had three channels and weighed 36kg. Six years ago, analog cellular service, [...]
Why’s it called Dixons Carphone? Nobody’s used a car phone in years May 15, 2014 High street staples Carphone Warehouse and Dixons Retail have confirmed today that they’ll be merging to form a new company called Dixons Carphone. But why are they hanging on to the ‘Carphone’ bit when no-one has one anymore? The first car phone was used in St Louis on 17 June 1946. It has three channels [...]
Why’s it called Dixons Carphone? Nobody’s used a car phone in years May 15, 2014 High street staples Carphone Warehouse and Dixons Retail have confirmed today that they’ll be merging to form a new company called Dixons Carphone. But why are they hanging on to the ‘Carphone' bit when no-one has one anymore? The first car phone was used in St Louis on 17 June 1946. It has three channels [...]
Admiral hit by falling premiums May 14, 2014 Car insurer Admiral Group has seen its turnover fall by seven per cent in the first quarter of this year as premiums continue to fall across the market. As a result, the company saw its share price fall 1.38 per cent yesterday as fears about the broader motor insurance industry continue to grip. Chief executive [...]
City Moves for 14 May 2014 | Who’s switching jobs May 13, 2014 Allianz Global Corporate & Specialty The corporate and specialty insurance business has announced the appointment of Elke Vagenende as head of financial institutions for its London regional unit. She has over 16 years’ industry experience, and joined in 2012 at head of product development. Vagenende was previously a senior underwriter at Liberty Mutual Insurance. Smith & Williamson [...]
Saga puts retail investor at heart of London float April 30, 2014 SAGA, the over-50s holidays-to-insurance provider, yesterday unveiled plans for the biggest flotation in London this year, as a stampede of silver haired savers registered to snap up shares in the listing. The business, which was founded by east end hotelier Sidney De Haan in 1950, said it would raise £550m in an initial public offering [...]
Car insurance premiums fall by £30 a month on average in 2014 April 29, 2014 MOTORISTS are enjoying cheaper car insurance premiums as the trend for discounts continues into 2014. Industry body the Association of British Insurers has revealed the results of its latest market tracker, with comprehensive motoring premiums falling by around £30 per month on average. Prices fell by three per cent compared to the same quarter in [...]
London takes the lion’s share of parking fines April 14, 2014 WESTMINSTER Council has kept its title as the biggest parking fine issuer in the country, handing out penalties worth more than £24m to motorists last year, according to figures out today. The council issued more than 455,000 penalty notices in 2013. This is more than twice the number of the next biggest issuer included in [...]
Is the UK still open for business? Not if politicians keep meddling in markets April 14, 2014 AFTER seven years at the top, last month London lost its place as the number one city in the Global Financial Centres Index. Is this a temporary slippage, or should we be concerned? I have always thought of the City, and the UK, as one of the best places to invest and do business. We [...]