Spire Healthcare overhauls board amid £1bn private takeover Business The chief executive and chair of Spire Healthcare have stepped away amid a £1bn takeover of the London-listed private hospital group. Veteran boss Justin Ash has said he will retire from the group as it “enters a new phase with strong foundations” under its new ownership by a consortium of investors. Spire’s board have agreed [...]
Don’t underestimate the free trade agreement Britain just joined Opinion The UK’s entry into the CPTPP, the world's largest free trade area that does not include the US, EU or China, should not be underestimated.
As it happened: FTSE 100 wavers as weak housebuilding drives faster construction downturn FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. The UK’s blue chip index made a soft start on Friday morning, as investors brace for a US jobs report and digest the latest signs of a worsening downturn in the UK’s construction sector. Borrowing costs have eased slightly, after a global rout on government bonds threatened [...]
Grupo Salinas Selects Integral Digital to Power Coinpro’s Institutional Digital Asset Trading Desk September 3, 2026 COINPRO will use Integral’s technology to aggregate liquidity, automate pricing and support wholesale transactions between digital assets and fiat currencies
SafePoint Insurance Makes Strategic Investment in Arrow Risk Management September 3, 2026 SafePoint Holdings, Inc. (“SafePoint”) has completed a minority investment in UK specialty MGA Arrow Risk Management (“Arrow”). The investment establishes a long-term strategic partnership between the businesses, with SafePoint supporting Arrow’s next phase of development through its insurance expertise, market relationships and broader capabilities. Chris Sharp, SafePoint’s Chief Underwriting Officer – International, will also join [...]
M&G: FTSE 100 giant hits out at Rayner’s ground rent cap as it suffers loss September 3, 2026 Asset manager M&G has swung to a loss driven by the Labour government’s introduction of a cap on existing ground rents. The FTSE 100 group hit out at the government after it reported a £165m loss for the first six months of the year, driven by a £325m write-down eating into its bottom-line. In its [...]
Here’s how Britain can woo back the world’s wealthy September 2, 2026 Britain has the lowest number of millionaires since the financial crash but Andy Burnham seems to have plans to stem the tide. Here’s what he should do, according to James Hodgkinson The sad truth is that Britain is getting poorer. Last year saw the number of UK millionaires reach just 442,000. A grim milestone, and [...]
IGI Announces the Launch of Cipher, A Specialty Treaty Reinsurance Platform Focused on Cyber September 1, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC), the international specialty insurance and reinsurance group, today announced the launch of Bermuda-based Cipher Underwriting Ltd. (“Cipher”), a specialty treaty reinsurance managing general agent (MGA) established to provide dedicated cyber treaty underwriting expertise and solutions on a global basis. The commencement of Cipher’s operations [...]
Healey facing £6bn hit as UK borrowing costs reach highest point since financial crisis September 1, 2026 UK borrowing costs have hit their highest level since the financial crisis as gilts were swept up in a mass rout across global bond markets. The UK government is set to pay a higher rate on debt interest as 10-year gilt yields, the benchmark for borrowing costs, were up by as much as 15 basis [...]
House prices remain sluggish in ‘subdued’ property market September 1, 2026 House prices continued their sluggish run in August, gaining just 0.2 per cent on the previous month, as uncertainty caused by the Iran war and the upcoming Budget in October weigh on the market. The average UK house price grew by 1.6 per cent to £275,465 in the year to August, marking a slight improvement [...]