Lloyd’s of London profit slides as bond market jitters bite September 3, 2026 The world’s leading insurance and reinsurance market has suffered a slump in profit after being weighed down by bond market jitters. Lloyd’s of London took a 16.7 per cent hit to its pre-tax profit £3.5bn for the first six months of 2026. Gross written premiums leapt 6.9 per cent to £34.7bn, up from £32.5bn last [...]
Mark Kleinman: Healey unlikely to resist clamour for bank windfall tax September 3, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. The sense of déjà vu among Britain’s bank chiefs is palpable. Eight weeks ahead of new Chancellor John Healey’s inaugural fiscal statement and the industry is engaged in another frantic round of lobbying against tax rises. This [...]
Retailers urge Healey to unwind national insurance hike to boost jobs September 3, 2026 Retailers have called on Chancellor John Healey to unwind some of the national insurance reforms made by his predecessor in a bid to tackle the youth joblessness crisis. The British Retail Consortium (BRC), which represents retailers including Tesco, Sainsbury’s and Marks & Spencer, has written to the Chancellor, urging him to unwind “soaring employment costs”. [...]
Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure Portfolio September 2, 2026 Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium’s sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor. With the financing in place, Aukera moves [...]
euroAtlantic Airways Expands Long-Haul Fleet With a New Airbus A330-300 Aircraft September 2, 2026 euroAtlantic Airways (“EAA”), a Njord Partners portfolio company and a leading Portuguese aircraft wet-leasing and charter business, is pleased to announce the induction of a new Airbus A330-300 aircraft into its fleet, further strengthening its long-haul widebody capabilities and reinforcing the Company’s growth trajectory in the ACMI and charter markets. The Airbus A330-300 is leased [...]
BP names new chair after boardroom bust-up September 2, 2026 Oil giant BP has named its new chair after a boardroom bust-up earlier this year sent its leadership into chaos. The FTSE 100 giant has tapped Ian Tyler, who has served as interim chair since 26 May. Tyler joined BP as a non-executive director in April 2025. He replaces Albert Manifold, who was stripped of [...]
KKR Expands Global Credit & Markets Platform with Senior Hires September 2, 2026 Appointments further strengthen KKR’s credit and capital markets capabilities in Europe
London doesn’t compete with other UK cities, it competes with global capitals September 2, 2026 London’s rivals are the world’s capital cities. Whether you live in London or Leeds, Leicester or Liverpool, the success of our capital matters for jobs and funding for public services in every single part of the country, says Karim Fatehi A truly competitive capital city which secures international investment, attracts the best talent and drives [...]
Reed CEO: Graduate jobs crisis is getting worse September 2, 2026 With graduate job postings continuing to plummet, youth unemployment should be treated as a national crisis, writes James Reed.
Fresh stock market raid sparks clarion call for action September 2, 2026 The London Stock Exchange risks being gutted of even more blue-chip firms this year without urgent action from ministers and officials, a group of top advisers has said, after three more listed companies accepted bids from foreign buyers. The cohort warned that “complacency is not a viable option” following news that FTSE 250 firms Bodycote [...]