Zurich and Farmers to buy Metlife property and casualty for $3.9bn December 11, 2020 Zurich Insurance’s subsidiary Farmers Group has agreed to team up with Farmers Exchanges to buy Metlife’s US property and casualty business for $3.94bn (£2.96bn). Zurich will contribute $2.43bn through FGI, while Farmers Exchanges will chip in $1.51bn, Zurich said. “The acquisition significantly increases the potential for growth at the Farmers Exchanges and will further boost [...]
DWF CEO: ‘We’ve equalled our Beirut blast work from Covid claims already’ December 10, 2020 There will plenty of legal work arising from coronavirus-related negligence claims, and listed law firm DWF has already started to see the work pile in. Negligence claims are likely to rise from individuals who lost loved ones during the coronavirus pandemic, and according to DWF CEO Sir Nigel Knowles, the listed law firm has already [...]
The essential steps for an overseas expansion December 9, 2020 Our global and digitised economy is making it easier for businesses of all sizes to grow into overseas markets. One of the barriers to global expansion for some small businesses are language differences. If you are considering making a move into new markets, do not let this get in the way of the many benefits [...]
Give our events industry the tools to save itself from Covid December 9, 2020 More than 1.5 million people are employed in the UK’s events industry and we all have one thing in common: we are problem solvers. That is what we do, day in, day out. We are logistics experts, known the world over for our technical and creative talents. We are ready to get back to work, [...]
Bitcoin sets a new all-time high and Ethereum starts its journey to ETH 2.0 December 8, 2020 Last week was one of the most exciting weeks in 2020 for the crypto community, with an abundance of bullish news for Bitcoin and the achievement of a huge milestone for the Ethereum Foundation. Bitcoin’s new all-time high is $19,911, and this price was reached at 11:00 UTC on December 1, according to data by [...]
UK jobs market attracts global interest after visa offer to Hong Kong December 8, 2020 Interest in the UK jobs market from non-EU workers has jumped 20 per cent, driven by a surge in job seekers from Hong Kong, according to a new survey. Interest in the London jobs market from non-EU workers has overtaken that from EU ones for the first time in seven years, according to data released [...]
The solution to the Covid economic crisis is more markets, not more government December 7, 2020 The Covid-19 crisis has caused an unprecedented contraction of the global economy. While it is remarkable how quickly and decisively governments and central banks reacted to the pandemic to bolster their economies, prevent the collapse of financial markets and seek to preserve jobs, our attention must now turn to how to deliver a sustainable economic [...]
Jacob Rees-Mogg tells Rishi Sunak that raising taxes will cost Tories next election December 7, 2020 Jacob Rees-Mogg has warned Rishi Sunak that he will cost the Tories the next election if he raises taxes next year in what could be the start of a cabinet row. The Leader of the House of Commons said on his Moggcast podcast last night that raising taxes would damage the UK’s economic recovery and [...]
Ensuring the health and safety of small business employees on global assignment December 7, 2020 As a small or medium sized business, with limited resources, you may find it challenging to adhere to the many Occupational Health and Safety (OHS) regulations that impact your business. If you are in the process of expanding your SME overseas and are hoping to send employees on expat assignment, there may be additional health [...]
Pride and produce: Why it’s time to stand up for British farming December 7, 2020 Covid-19 has affected all our lives in some way or other, bringing large parts of our economy to a standstill and giving the government no option but to invest billions to support the NHS, businesses and workers. The farming sector too has been challenged. Huge surges in demand at the peak of the pandemic for [...]