Tag Archives: managing director

Cancer sufferer charged £1,800 for travel cover – on £2,400 holiday: ‘I was treated like a leper trying to get worldwide insurance’ By Toby Walne, Financial Mail on Sunday Published: 21:52 GMT, March 12, 2022 | Update: 23:18 GMT, March 12, 2022 People with health issues are having to pay …

The A-One Insurance Group management team – left to right – Managing Director Ian Penfold, IT and Fleet Director Matthew Hines, Operations Director Sarah Eades and Business Development Director Ryan Jupp. INDEPENDENT insurance group A-One says it is on track to record one of its best years following “significant” growth …

Management of the Zaporizhzhya nuclear power plant has come under the orders of the commander of the Russian forces who took control of the site last week, Ukraine told the UN atomic watchdog. Russian forces at the site also cut off some communications networks, including cellphones and the internet, Ukraine’s …

1645010784 AstraZeneca’s lupus treatment gets green light in Europe AstraZeneca’s lupus treatment has been approved for use in the EU after a successful rollout in the US, Japan and Canada. Saphnelo is an immunosuppressant and the first drug of its kind to gain EU approval in over a decade. Ronald …

A study by the RAC Foundation found that on average people only use their car 4% of the time. This means it spends 96% of the time parked and not in use. If so, why are we paying so much for our car insurance? After all, if you’re not driving, …

It seems that the old real estate mantra of location, location, location is not lost on our local councils, with around 40% of them having their main offices located in areas where the prices of l ‘real estate are higher than the local authority …

The government is pushing ahead with plans to raise taxes to pay for health and social care costs, meaning National Insurance will rise by 1.25% from April. The hike has drawn widespread backlash from backbench MPs as she backtracks on the government’s pledge not to raise taxes in the 2019 …

Tesco and M&S slip after raising profit outlook Countryside Properties falls as CEO resigns FTSE 100 up 0.2%, FTSE 250 down 0.4% Jan 13 (Reuters) – London’s FTSE 250 index fell on Thursday, led by shares of Countryside Properties and Marks & Spencer, while a rise in financials and commodities …

Hello. This article is an on-site version of our FirstFT newsletter. Subscribe to our Asia, Europe / Africa or Americas edition to receive it directly to your inbox every morning of the week Russia has warned the United States and NATO to make concessions or face a worsening security situation …

Rand spent 12 years in the British Army before moving to banking in 2000. He started his career at JPMorgan before joining Barclays, where he worked for 12 years. Rand left the bank at the end of 2020. He will succeed as CEO of Monument to Mintoo Bhandari, former managing …

BT’s status as a potential takeover target is back in the spotlight after UK rules preventing its most important new shareholder from making its next move expired on Saturday. Here we take a look at the key points. What is happening? Altice, the telecommunications group controlled by billionaire Patrick Drahi, …

Pascal Soriot, Managing Director of AstraZeneca. Photograph: Brenda Goh / Reuters AstraZeneca’s chief executive said it was possible that the current coronavirus spike in Europe could be linked to governments’ decision not to use the company’s Covid-19 vaccine in the elderly. After an article in a German newspaper that turned …

Average UK house prices hit a record high of £ 270,000 as prices defied expectations of a slowdown after the stamp duty holiday ended. The Halifax home price index rose 8.1 per cent in October from the same month last year, rising 7.4 per cent the previous month and marking …

T he International Airlines Group’s battered fortune is in the spotlight today after the owner of British Airways reported another big loss for its final quarter. However, boss Luis Gallego told City that trends are improving and the reopening of the transatlantic travel corridor on Monday is a pivotal moment …

None of us need to remember that every year on UK roads there are over 1,700 fatalities and 180,000 more injured. But it should be remembered that although more than 90% of these problems are caused by human error, even the most attentive driver has only a few seconds to …

Campaign highlights renewable energy opportunities overseas that UK businesses can take advantage of UKEF helps companies deliver vital exports in sectors such as offshore wind, solar and hydrogen, with a pipeline of export opportunities for UK suppliers UKEF helps companies transitioning or exporting renewable products win, fulfill and get paid …

The UK government has announced that it plans to be the first major economy to require businesses to report climate-related risks and opportunities. The proposed law will apply to many of the largest companies listed on the London Stock Exchange, banks and insurers, as well as private companies with more …

In the third quarter of 2021, 113 deals generated more than $ 3.1 billion in investments, an increase of 23% from the third quarter of 2020, making the latter figure the second largest funding quarter on record. The number of deals grew only 9% year-on-year, with two of the top …

Barclays, Unilever and AJ Bell are among the notable names in Thursday’s paper. () () The share price has nearly doubled over the past twelve months as concerns over bad debt subsided, financial markets exploded and dividends returned. The next trading update should justify a better view of the bank …

The UK’s Net-Zero strategy is finally here, but the reaction to the national decarbonization plan ranges from those who believe it provides much-needed clarity for businesses to others who claim it is far from enough to drive all parts of the economy to net zero. by 2050. edie sums up …

Hotel businesses overtook the rest of the UK economy for the first time in over nine years in September, according to the latest Lloyds Bank UK Recovery Tracker. Tourism and leisure (62.2) – which includes pubs, hotels, restaurants, leisure facilities and travel agents – was the fastest growing UK sector …

History and future converge during a pivotal period in the global hospitality market LONDON, October 7, 2021 / PRNewswire / – Highgate, a leading property investment and hotel management firm, has announced two new additions to the UK market: the acquisition of Dorsett City London Hotel and the management of …

British Prime Minister Boris Johnson: “Margaret Thatcher would not have ignored this meteorite which has just crashed into public finances. She would have waved her finger and said that more borrowing now is only higher interest rates and even higher taxes later. Photo: Oli Scarff / AFP via Getty Prime …

Big UK banks narrowed their gender pay gaps slightly last year, according to a Reuters analysis, although industry watchers say they still have a long way to go. Several insurers have backed down. UK companies with more than 250 employees have been required to publish the difference between the wages …

Global Risk Partners group of insurance intermediaries has completed the acquisition of Willis Towers Watson, a brokerage and commercial risk firm in Northern Ireland. TW’s £ 65million gross written premium portfolio now falls under the ABL Group in Northern Ireland, which is already part of GRP. ABL’s Managing Director, Maurice …

Two in three British financial workers from black and minority ethnic backgrounds have faced discrimination in the workplace, according to an industry survey revealing gaps in the City of London’s diversity program. The results of the restart. – a network of seasoned professionals from some of the city’s biggest companies, …

Less than half of black UK business leaders – 43% – trust banks to defend their interests, a new survey has found. What’s more, only about a quarter (27 percent) of black business owners trust the UK government to offer support in their businesses, according to a Black Business Network …

TERRIFIC new form of theft is helping fuel a £ 109million cybercrime wave. A Sun on Sunday investigation today reveals that armed criminals arrest victims on the streets, force them to access their online banking app and transfer the content to “mule” accounts which are then emptied of their money. …

The events of the past week have shown the fragility of the UK’s economic recovery. The issue of labor shortages is not new. Three years ago, the British Chambers of Commerce (BCC) Quarterly Economic Survey for the fourth quarter of 2018 found that 81% of manufacturers were struggling to find …

The state’s largest peacetime intervention in the UK labor market ends Thursday, as the government ends its ‘leave’ pandemic employment subsidy program. But calls are growing to target aid to hard-hit sectors such as hospitality and travel, as uncertainty persists over the future direction of the economy. “Travel has always …

Delta Insurance New Zealand has appointed Adrian Sweeney (pictured above) as underwriting manager for its liability insurance and specialty lines business. Born in the UK, Sweeney has nearly four decades of experience in the global insurance industry. He joined Delta after a period as an independent consultant on commercial insurance …

The Productive Finance Working Group is led by industry, co-chaired by the Governor of the Bank, the Managing Director of FCA and the Economic Secretary of HM Treasury. Well managed, investments in such assets have the potential to generate better returns for investors, including those saving for retirement in defined …

IInvestment bankers are rarely compared to football stars. But when West Midlands Mayor Andy Street officially welcomed Goldman Sachs to Birmingham this month, he compared his arrival to one of the big transfers of the summer. “I hope this is not inappropriate,” he said, addressing a crowd of Goldman employees …

For the opposition Labor Party, which has struggled to attack the government amid pandemic-inspired national solidarity, hitting the Tories over the high cost of living is an easy strategy. Some analysts predict a series of humiliating setbacks for Mr Johnson, starting with the potential fallout from tax hikes. “When articles …

Hello and welcome to our continued coverage of the global economy, financial markets, euro area and business. Britain’s cost of living crisis will give the Bank of England food for thought today as the central bank meets to set interest rates. Yesterday, two energy companies went bankrupt, affecting another 800,000 …

The Serum Institute of India, the world’s largest vaccine maker, plans to invest just over £ 50million in Oxford Biomedica, one of the makers of AstraZeneca for Covid-19 vaccines. The British vaccine maker aims to use the funds to expand its facilities in Oxford, including additional capacity for viral vector …

UK Energy Updates Sign up for myFT Daily Digest to be the UK’s premier energy saver. UK Business and Energy Secretary Kwasi Kwarteng is today issuing emergency appeals to some of Britain’s biggest energy groups to avert a crisis in the sector, as fears grow that record gas prices and …

When Fabien had to have a decayed tooth removed in May, his dentist told him he would have to wait up to three years for it to be done on the NHS. Incredulous, the 27-year-old from Edinburgh called 50 dental offices, but was unsuccessful. He had no choice but to …

The site of a famous piano factory that closed in Hackney Wick 75 years ago could be transformed into a complex that can accommodate hundreds of students. The factory was run by John Broadwood & Sons who holds a royal mandate as makers of the Queen’s pianos and is one …

The program – which will cover costs incurred if canceled due to events legally unable to take place if blockages are reimposed – will run from next month to the end of September next year. BIBA Executive Director Graeme Trudgill said the Chancellor’s confirmation that there would be a government-backed …

The UK’s largest regional theater injected £ 36million into the South West’s economy and generated 324,000 visitors in just one year, according to a new study. The Arts Council England (ACE) released a report detailing the value of culture in the country’s shopping streets and used the Theater Royal Plymouth …

Three Sixty was established in 2008, catering to high net worth clients and offering business insurance. Its founder Sam Cowen, his wife Julie and the rest of the team will remain with the company under a new owner. According to Gauntlet Managing Director Steve Buckingham, the Three Sixty team has …

WEast End theaters and directors across Britain are calling on the government to let them rely on regular Covid testing of cast and crew to avoid ‘crippling’ isolation rules that close the shows. While the lifting of social distancing restrictions in England on Monday will allow audiences to return, the …

Britain’s wealth gap swelled during the pandemic, with the richest 10% earning £ 50,000 on average, crushing increases for the poorest third of the population, according to a report by a group of reflection. The Resolution Foundation said wealth increased during the lockdown due to a lack of spending opportunities …

In March, the Department for Business, Energy and Industrial Strategy (BEIS) proposed a series of recommendations to strengthen UK auditing, corporate reporting and corporate governance systems. The ministry’s proposed measures included new reporting and evidence requirements to strengthen directors’ accountability and ensure that the regulator has effective investigative and civil …

The Minneapolis Federal Reserve will require current and future employees to be fully immunized against Covid-19. The bank has told its 1,100 employees that they need to be fully immunized by the end of August to continue working there, Neel Kashkari, the bank’s chairman, revealed in a blog post. British …

Consumers visited and spent less in UK shops, bars and restaurants in June, according to new data, suggesting that the economic recovery has lost momentum following an increase in Covid-19 infections. Prime Minister Boris Johnson announced on Monday that he intends to move forward with removing all remaining coronavirus restrictions …

UK economy bounces at record pace but staff shortages threaten recovery By Mark Shapland for the Daily Mail Posted: 4:50 p.m. EDT, July 5, 2021 | Update: 4:50 p.m. EDT, July 5, 2021 The economy is rebounding at an all-time high, but the main problem facing businesses is understaffing, experts …

Fixing what is now Europe’s most troubled financial institution will involve tough decisions – and time is running out for the 57-year-old to take his big step. “In all my years as a bank CEO, I have seen some of the ups and downs that businesses go through – during …

SMid-haul airlines had a good weekend after German Chancellor Angela Merkel eased her stance on travel restrictions from the UK. Mid caps Ryanair, easyJet and Wizz Air recovered from this week’s losses to end in the green, after having had five less positive trading days amid uncertainty over further travel …

It has been a year unlike any other for the New Zealand legal profession. Forced to change the way it operated and the services it provided amid blockages and travel restrictions, there was a sudden need to move to a virtual tribunal and many businesses struggled to stay afloat with …

North P&I Club has moved to new offices in Singapore, which serves as its regional headquarters for Asia. From its former address in the Fuji Xerox Towers, the company is now located in a state-of-the-art facility at Springleaf Tower, Anson Road. According to the insurer, this decision reaffirms its commitment …

A cornerstone of the UK government’s efforts for economic recovery from the coronavirus pandemic lack clear direction, ministerial responsibility or methods to measure its success, MPs warned in a report released on Monday. The House of Commons Trade, Energy and Industrial Strategy Committee expressed concern about the government’s growth plan, …

Business Secretary Kwasi Kwarteng is working on a new innovation strategy for the UK. We clearly need it. Covid-19 has hurt our economy, but we had long standing issues before the pandemic such as low productivity growth and significant regional disparities. The government’s shift to a greener agenda will also …

The African-Caribbean Insurance Network (ACIN) received yesterday (June 24, 2021) the Talent Attraction Initiative of the Year award at the Public Trust Awards from the Chartered Insurance Institute (CII). The Talent Attraction Initiative of the Year award recognizes an individual or organization for their work in attracting and retaining talent …

Government announces new global project, bringing together academics and local citizens from around the world to envision a net zero future Led by a consortium comprising the University of Cambridge, Deloitte and AECOM, the group will develop and present evidence-based visions representing six different regions of the world. As the …

UK. London City Airport has expanded its COVID-19 testing with a larger facility in partnership with medical and travel experience provider Collinson. The new facility, less than a minute’s walk from the airport terminal, will have the capacity to perform more than 200 tests per hour to meet increased demand …

The European Union should allow its banks to continue to clear derivatives in euros in London and avoid being “protectionist” in the financial markets, said Tuesday the managing director of the London Stock Exchange, David Schwimmer. Britain’s total departure from the EU has largely severed the City of London’s ties …

Business leaders have called for further UK government support for business as ministers prepare to delay reopening the economy. Boris Johnson will say on Monday that much of the further easing of England’s lockdown restrictions will not go as planned on June 21, with a delay of up to four …

IInflation is the scary word in global financial markets, and US data last week was far from reassuring. The world’s largest economy reported inflation of 5% in May, down from 4.2% in April. It is also on the move in the UK, doubling to 1.5% in April, its highest level …

Britain’s five biggest banks could be in line for a £ 5bn windfall that could help boost dividend payouts later this year By Emma Dunkley and Helen Cahill, Financial Mail on Sunday Posted: 4:51 p.m. EDT, June 12, 2021 | Update: 4:51 p.m. EDT, June 12, 2021 Britain’s five biggest …

In Call My Agent, the hit French television series about talent agents under constant pressure, two characters sit at the boardroom table in their chic Parisian offices, a cup of Carte Noire coffee placed squarely in front of each. At first glance, it seems like nothing more than simple product …

Davies Group purchased contact center and professional services consulting firm SKWeston and Company as part of its expansion in North America. SKWeston and Company is based in Maryland, USA. The deal will see the company renamed Davies Group and will be part of the company’s existing consulting and technology business, …

Swiss Re Corporate Solutions has appointed Christine Bell (pictured) to lead the country for Australia and New Zealand, effective August 3. Bell, who will be based in Sydney, succeeds Melanie Slack who has taken on the role of Head of Wholesale Trade in the UK, Ireland, South Africa and EMEA. …

[London] – Hagens Berman UK, the London firm of world-renowned US law firm Hagens Berman Sobol Shapiro LLP, announces the latest developments in its class action lawsuit on behalf of UK Mercedes drivers affected by emissions fraud. Hagens Berman UK has successfully secured substantial litigation funding from Harbor as well …

A stamp duty reprieve and shifting demands pushed UK house prices up more than expected last month at the fastest annual rate in nearly seven years, the Nationwide Building Society has revealed. The UK’s National House Price Index rose 1.8 percent in May from the previous month, taking the average …

Do you have the right insurance for your motorhome? Don’t fall for £ 100 content coverage on a £ 60k motorhome By Edmund Tirbutt, Financial Mail Sunday Published: 5:16 p.m. EDT, May 29, 2021 | Update: 6:07 p.m. EDT, May 29, 2021 With interest in motorhomes of all age groups …

An Italian bank has collapsed over exposure to Greensill Capital and GFG Alliance, as shockwaves from the bankruptcy of the UK finance company claimed another victim. Aigis Banca, a specialist lender to small and medium-sized businesses, based in Milan, was put into liquidation by the Bank of Italy over the …

A host of leading finance, transport and energy companies and experts have come together in a new coalition to accelerate the transition to zero emission vehicles in the UK , with an emphasis on unlocking essential investments in green transport infrastructure. Led by the Green Finance Institute (GFI), the Coalition …

Ebay will begin offering loans to businesses that sell through its UK marketplace, pitting the e-commerce group against mass-market banks and its former subsidiary PayPal. “We believe this is an area for innovation and that there is a lot of unmet demand for better service for online businesses,” eBay UK …

“I am extremely happy to join Kingfisher at such a pivotal time in the evolution of the group,” commented the new CFO whose credentials include time spent at Deloitte, Prudential Plc and Liberty Specialty Markets. “I am impressed with Kingfisher’s digital transformation and its ambitious customer-centric growth strategy. The journey …

Wayne Brown, former senior advisor at EY and Kearney, has joined Alvarez & Marsal as senior manager in their Leeds office. “We are delighted to be able to add Wayne’s expertise to our team,” said Tom Johannessen, Managing Director of Alvarez & Marsal, of the arrival of Brown, who brings …

Consumer spending in the UK topped pre-pandemic levels in April for the first time this year, supported by the reopening of many sectors and older people booking vacations, according to payment card data. Spending rose 0.4% in April compared to the same period in 2019, down from a 7.2% contraction …

Banking Expo open launches its rewards program to celebrate the significant advancements of open banking in the global financial services industry. Equifax is the launch partner of the program. The ceremony will take place in London, UK on July 15, and the program is now open for registration. The registration …

The Nevada Public Employees Retirement System (PERS) would add another investment officer to its staff, bringing the investment team of the $ 53.2 billion pension fund to two. A joint Nevada PERS budget committee last week approved a budget that includes the creation of an additional investment officer to join …

A new solution will be announced at the BIBA 2021 conference LONDON, May 10, 2021 / PRNewswire / – In a development adapted to the theme of the BIBA 2021 conference – Build resilience – LexisNexis® Risk Solutions, the data, analytics and technology provider, launches Broker intelligence, a comprehensive data …

Hosted annually by the City of London Corporation, the Lord Mayor’s annual Dragon Awards program celebrates the social impact of business ventures. The awards recognize companies that achieve excellence in social impact in Greater London and for the Regional Impact Award and Lord Mayor’s Award, across the UK. Ahead of …

The Serum Institute of India (SII) said on Friday it suffered losses of over Rs 1,000 crore due to the devastating fire that broke out at its premises the day before, even as Maharashtra Chief Minister Uddhav Thackeray said whether the fire was an accident or the sabotage will be …

CULTURAL and creative organizations in the region will receive a share of £ 400million as part of a vital financial boost from the government’s £ 1.57 billion Culture Recovery Fund. Culture Secretary Oliver Dowden announced details of more than 2,700 organizations offered millions of pounds in grants and loans to …