‘Shenanigans’: Did the OBR save Reeves from hiking income taxes at the Budget? November 18, 2025 For weeks, Chancellor Rachel Reeves had been engaged in an extraordinary communications exercise of expectation management, leading Brits to believe that income tax was about to hiked for the first time in 50 years. In an unusual press conference earlier this month, she told journalists that everyone would have to contribute to the Labour government’s [...]
Banking watchdog raises customer protection to £120,000 November 18, 2025 The UK banking watchdog has raised the cap for how much a customer can be paid if their provider fails. The Prudential Regulation Authority (PRA) has hiked the limit to £120,000 from £85,000 meaning additional customer funds will be protected if their lender collapses. The limits come under the Financial Services Compensation Scheme (FSCS), which [...]
Gary Haase to Join Everest as EVP, CEO of Legacy Operations November 17, 2025 Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing world-class reinsurance and specialty insurance solutions, today announced the appointment of Gary Haase as Executive Vice President and CEO of Legacy Operations, effective December 1, 2025. He will report to Jim Williamson, Everest’s President and CEO, and will join the Company’s Executive Leadership Team. The [...]
IGI President & CEO Waleed Jabsheh to Present at the 17th Annual Southwest IDEAS Investor Conference on November 19, 2025 in Dallas, Texas November 17, 2025 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that President & CEO Waleed Jabsheh will present at the Southwest IDEAS Investor Conference on Wednesday, November 19, 2025 at The Westin Las Colinas in Dallas, Texas. IGI’s presentation is scheduled to begin at 9.15 am Central Time (10.15 am Eastern time). [...]
MSCI Announces Baer Pettit to Retire as President November 17, 2025 Additional senior leadership changes will drive growth in new client segments and products
What can Britain learn from Elon Musk? How to fail… November 17, 2025 British engineering needs to be a little more Musk; pragmatic, ambitious and unafraid to learn in public, says Robert Rayner Elon Musk’s rise to trillionaire status is more than a story of wealth, it is a display of how technological vision and financial resilience can merge into a new model of progress. His trillion-dollar payout [...]
Business activity rebounds but Budget nerves could damage growth November 16, 2025 UK private sector activity marked its largest monthly rise of the year in October, but momentum could be shattered by increasing Budget speculation. According to the latest business trends report from accountancy firm BDO, which measures businesses turnover and economic activity, output rose to 97.49 past month, up from 96.25 in September. This marked the [...]
Lord Turner’s crypto scepticism is painfully out of touch November 15, 2025 In an interview with City AM, Lord Adair Turner compared buying crypto to buying tulips in 1635. Bepi Pezzulli writes a rebuttal.
Exclusive: Industry chiefs warn Reeves not to hit business after income tax U-turn November 14, 2025 The Chancellor must not rely on businesses to plug the gaping fiscal gap left by Thursday’s income tax U-turn, a group of industry body chiefs has warned a year after UK firms were forced to stomach much of the £40bn of tax hikes at Labour’s maiden Budget. In an unusual combined intervention, bosses from five [...]
Autumn Budget: What does the income tax U-turn mean for your salary? November 14, 2025 In a major U-turn, Chancellor Rachel Reeves’ is understood to have ripped up plans to hike income tax in the looming Autumn Budget. Reeves was poised to hitch up income tax by 2p at the end of the month, whilst cutting national insurance – for lower earners – by the same amount. While the decision [...]