One of Ageas’ top shareholders is reportedly opposing the Belgian insurer’s attempt to acquire London-listed rival Direct Line after it has already been rebuffed twice. Sky News’ Mark Kleinman reported …
Personal Finance
Lloyd’s of London and Bermuda Monetary Authority partner to strengthen ties between global insurance hubs
Lloyd’s has joined forces with the Bermuda Monetary Authority (BMA) to develop a framework for closer collaboration on sharing risk expertise between the two global insurance hubs. The partnership will …
Entain mulls sale of international brands to rescue sinking share price
Ladbrokes owner Entain is mulling the sale of several of its international brands in a bid to streamline its operations and ease investor jitters over its recent acquisition splurge. The …
The Glastonbury 2024 line-up is out – but not the part people want
Coldplay, Dua Lipa and Shania Twain have been announced for Glastonbury 2024 – and many newspapers are talking about how the ‘Glastonbury line-up’ is out. But this line-up won’t sate …
What does Sir Richard Branson’s Virgin Group still own?
Sir Richard Branson’s Virgin Group has been back in the headlines in recent days after reports that it is to cut jobs at its head office. The group is said …
Why is Ofwat making Welsh Water pay out £40m in charges?
Ofwat has blasted Wales’ water provider for “indefensible” mistakes and enforced a £40m payout on the firm. The regulator began investigations into Welsh Water in May last year after an …
Post-work drinks get more exciting as Europe’s largest karaoke bar opens in London
Amateur vocalists across London are in for a treat as Europe’s largest karaoke bar is set to open its first venue in the capital this spring, City A.M. can reveal. …
London is no capital of culture without Vault Festival
Vault Festival has announced its venue has fallen through and the event is no more, says Adam Bloodworth Vault Festival launched the careers of thousands of actors and writers via …
Who will win the Abrdn property trust bidding war?
The bidding war over the Abrdn Property Income Trust has reached new heights as Custodian Property Income REIT and Urban Logistics REIT fight over which trust should get their hands …
Government proposes ‘debanking’ law after Farage Natwest row and surge in complaints
The UK government has proposed a law that would force banks to give customers more advanced notice and an explanation before closing their accounts, following a surge in complaints over …