Bentley Batur review: £2 million ultimate luxury GT driven November 13, 2023 The Bentley Batur is coachbuilt coupe based on the Continental GT, with a 740hp W12 engine and £2 million price tag. Tim Pitt drives it.
Lloyd’s of London SPAC venture scrapped due to volatile markets November 13, 2023 Financials Acquisition Corp said on Monday it would enter liquidation as it scraps a planned merger with its newly formed insurance venture, citing "insufficient" cash commitments due to volatile capital markets.
Phoenix share price soars after upgrading cash forecasts November 13, 2023 Phoenix upgraded its near-term cash generation target after completing the merger of its Standard Life and Phoenix Life Assurance.
Babcock: Share price for British defence giant up as it pens £750m submarine deal November 10, 2023 British defence firm Babcock has signed a four-year deal worth £750 with the Ministry of Defence to build and maintain UK submarines.
Bank of England says lenders to be put through mini budget-style shock tests November 10, 2023 It is intended to replicate some of the chaos and more which was unleashed on markets last autumn after Liz Truss and Kwasi Kwarteng revealed their budget and other moments of turmoil.
West End London office rates rise prompted by four-day workweek November 9, 2023 According to Savills, occupancy rates in the area have risen to 62 per cent up from 50 per cent in the last six months.
National Grid profits slip near 20 per cent as chief slams government inaction November 9, 2023 National Grid has called for policy to keep up with the company's push to electrify the country's grid following record spending.
All institutions come with the baggage of history, but good can still be done November 9, 2023 There are no easy answers – and none that will satisfy everybody – to settling historic ‘bills’ for involvement in the slave trade. Under pressure for a number of years, Lloyds of London announced yesterday a £50m investment in diversity and inclusion initiatives that it hopes will open the door of the insurance market to [...]
Lloyd’s pledges £52m to projects to address slave trade role November 8, 2023 Lloyd’s of London has pledged to invest over £50m in a host of global development projects as the insurance marketplace looks to address its historic role in the transatlantic slave trade.
Financed Emissions – Explained November 8, 2023 Financed emissions refer to greenhouse gas emissions associated with the funding of projects, companies, or initiatives. For example, a bank lending money to a company that wants to expand its operations. The company then emits greenhouse gases during this expansion, and whilst the bank isn’t directly producing the emissions, it is indirectly supporting and enabling [...]