The insurers trying to get their heads around the new world of war July 20, 2023 We knew what war was. Wars used to look like people dropping bombs and people with guns,” Tom Murray tells me from the distinctly unwarlike setting of an Aon meeting room. “It was relatively easy to understand. Now we suddenly have this incredibly rapidly evolving field of cyber war – which could be a fundamental [...]
LendInvest founder Christian Faes: Why I left London for California July 27, 2023 Fintech founder Christian Faes tells City A.M. why he's swapped London for California.
What’s going on at Disney as the board battle with activist investor Peltz reignites? December 1, 2023 Activist investor Nelson Peltz has reignited the boardroom battle at Disney in a fresh clash between his investment firm and Disney.
Tour operator Skiworld wipes out in Austria amid post-Brexit dip in UK chalet hosts June 22, 2023 Skiworld – the UK’s largest independent ski tour operator – has pulled out of much of its operation in Austria as a result of post-Brexit red tape, City A.M. has learnt. The London-based firm – which runs chalets across the Alps – told City A.M. that a dip in the number of UK staff it [...]
Vistry Group: Will Bovis housebuilder show signs of a rebound amid shareholder revolt? September 3, 2023 Investors will turn their focus to Vistry Group’s half year results on Thursday to see if the housebuilder has shown signs of rebounding amid a tussle between shareholders over its chief’s hefty pay rise. At its general meeting last week, some 45 per cent of shareholders voted against plans to double the annual bonus given [...]
Settling rail dispute would have been cheaper than strikes, admits minister January 18, 2023 Rail minister Huw Merriman has admitted the government has lost more money due to the rail strikes’ impact than it would have if it had settled the dispute with unions months ago. “It’s actually ended up costing more than it would have if [the dispute] had been settled,” the minister told members of the Commons’ [...]
Build-to-Rent investment soars to record high in 2021 January 6, 2022 Investment into the UK’s build-to-rent sector hit £2.1bn in the last quarter of 2021 as the sector capped off another record year of investment. Investment soared to £2.1bn in the last three months of the year, taking the year to a record high of £4.1bn, according to preliminary data from global real estate advisor CBRE. [...]
Labour’s bold plan to rescue onshore wind from NIMBYism June 20, 2023 Labour's plans to boost onshore wind have been welcomed by the industry but challenges remain if the UK is to liberate the industry.
British Business Bank launches sequel to billion pound Northern Powerhouse fund March 21, 2024 A new fund aiming to invest £660m in companies across the North of England has been launched by the British Business Bank.
AssetCo boss says ‘still much to do’ as firm posts first half loss June 15, 2022 The boss of AssetCo said today there was “still much to do” as the newly expanded asset manager posted pre-tax losses of £2.6m for the first half of the year.