K2 International Launches New Division: K2 Professional Indemnity Limited March 3, 2026 K2 Group Holdings Limited (K2 International), a division of K2 Insurance Services and a leading specialty insurance and (re)insurance underwriting platform based in London, is pleased to announce the launch of K2 Professional Indemnity Limited (K2 PI). This new division, founded by Richard Smart, will write international (non-US) professional liability business on behalf of a [...]
Mortgage approvals fall to two-year low March 2, 2026 Mortgage approvals slumped to a two-year low in January as buyers remain cautious following months of damaging uncertainty around the November Budget. Net mortgage approvals for house purchases dropped to 60,000 in January, six per cent below the 64,100 six-month average, according to new Bank of England figures. The property market is still suffering from [...]
Reform’s sovereign wealth pitch risks raiding pensions not reviving growth March 2, 2026 Reform’s Richard Tice’s plan to consolidate local council pension schemes fundamentally misunderstands the nature of fiduciary duty, says Tim Focas Behind the rhetoric of Reform’s proposal to consolidate local council pension schemes into a near £500bn sovereign wealth fund lies a major misunderstanding of what these pension assets are and who they exist to serve. [...]
HSBC Innovation Banking CEO: the next phase of UK innovation will be won quietly March 2, 2026 The next phase of UK innovation will be driven by deep tech, life sciences and infrastructure-heavy businesses, says Emily Turner The UK’s innovation economy is now worth $1.3tn. Artificial intelligence sits at the heart of that story, commanding headlines and capital in equal measure. But when we look at where long-term value is being created, [...]
House price growth holds steady in February March 2, 2026 House prices held steady in the year to February and rose slightly from last month, according to Nationwide’s house price index. The average UK house price last month was £273,176, up 0.3 per cent from January, and annual price growth was unchanged at one per cent. A continued improvement in affordability helped drive first-time buyers [...]
SES: Full Year 2025 Results March 2, 2026 SES S.A. fully consolidates Intelsat from 17 July 2025 and announces financial results for the year ended 31 December 2025 FY25 Performance (€ million) 2025 as reported (1) 2024 as reported (1) ∆ at constant FX (2) 2025 like-for-like (3) 2024 like-for-like (3) ∆ at constant FX (2) Average €/$ FX rate 1.12 1.09 [...]
Rightmove boss talks down ChatGPT threat and defends AI investment February 27, 2026 Property giant Rightmove sought to walk a tightrope when it launched its financial results on Friday, as its execs stood by the firm’s divisive AI plans while distancing themselves from silicon valley giant OpenAI. Friday’s results offered an opportunity to calm the shareholders who wiped £1bn off the firm’s value when it announced its AI [...]
Why serviced offices are still mispriced and why that’s starting to change February 27, 2026 As offices shift toward hospitality and operational value, a familiar tension is emerging in capital markets:how do you value a building when the income looks more like a business than a lease? For many investors, serviced and flexible offices still sit in an uncomfortable grey area. They don’t fit neatly into traditional valuation models, and [...]
Rightmove profit grows as it doubles down on unpopular AI plans February 27, 2026 Rightmove has reported growing profit and revenue as it stood by AI plans which had proved divisive with investors. The UK’s top property portal reported profit before tax of £290m, up 12 per cent from last year, in its financial results for the year ended December 2025. The FTSE-100 listed firm recently launched a conversational [...]
UK media giants join forces to curb AI’s use of their journalism February 27, 2026 Sky News has teamed up with the BBC, the Financial Times, the Guardian and the Daily Telegraph to form a new coalition aimed at setting industry standards for how AI uses news content. The group, under the name the Standards for Publisher Usage Rights coalition (SPUR), has been launched in response to growing concern that [...]