AA confirms plans to float at £1.4bn valuation June 6, 2014 Britain's largest car insurer and roadside recovery firm, the AA, has confirmed its intention to list on the London Stock Exchange in the second half of June. The company's current private equity owners want to sell off the stock to a buy-in team, backed by institutional investors, who will then take it public. They'll be [...]
Robshaw clinging on to Quins top four hope May 1, 2014 HARLEQUINS captain Chris Robshaw is adamant his side will be ready to pounce if the door to the Aviva Premiership Rugby play-offs swings open this weekend. Quins currently lie in fifth, six points behind third-placed Bath and fourth-placed Leicester Tigers, who are in action against Northampton Saints and Sale Sharks tonight and tomorrow respectively. Maximum [...]
Eating lunch at your desk could be risking your health, says new report June 6, 2014 Both workers and employers are being urged to end Britain's culture of eating lunch al desko to safeguard health. According to the Chartered Society of Physiotherapy (CSP), a lack of activity during your lunch hour can result in ill-health, leading to more time taken off work over the long run. The study of 2,000 people found [...]
Why you should get over Salesforce Tower’s name – it’s good for the City July 8, 2014 The proposal to change the name of Heron Tower, one of the tallest buildings in the City of London, to “Salesforce Tower”, has been met by more than its fair share of controversy. People have always been resistant to change, but in this case, many of the objections raised seem to be particularly short-sighted. First, [...]
Activist ups its stakes in bid to sue Lloyds Bank June 5, 2014 ACTIVIST investor Crystal Amber will reportedly up its stake in NBNK Investments, the vehicle which lost out during the auction of Lloyds Bank’s 630 branches in 2012, in a move to pursue legal action against the bank. NBNK has lined up law firm Stewarts Law to take legal action against Lloyds, which chose the Co-operative [...]
Authorities approve Aviva deal August 15, 2013 The Iowa insurance commissioner approved Athene Holding’s pending $1.55bn (£990.47m) purchase of UK insurer Aviva’s US annuity business, the state said yesterday Aviva’s US operations are headquartered in Iowa, and approval from that state and New York were two regulatory hurdles for the deal, Apollo said. Iowa said Aviva cannot pay dividends to shareholders for [...]
Sarries sweating on injured pair while Borthwick gets Japan call May 26, 2014 A FREAK ankle injury could cost Saracens the services of fly-half Owen Farrell in this weekend’s Aviva Premiership final against Northampton, director of rugby Mark McCall has confirmed. Farrell completed 64 minutes of Saturday’s Heineken Cup final defeat to French side Toulon, the England No10 kicking two penalties in Sarries 23-6 defeat. But McCall has [...]
Goode delivers late sting as Wasps close in on Euro spot May 18, 2014 LONDON Wasps director of rugby Dai Young admitted his frustration at failing to build more than a one-point lead against Stade Francais yesterday as they chase a place in next season’s inaugural European Rugby Champions Cup. Wasps, who finished seventh in the Aviva Premiership table, recovered from shipping a season high 74 points in defeat [...]
AA races ahead with plans for £1.4bn flotation June 6, 2014 BRITAIN’S largest car insurer and roadside recovery firm, the AA, yesterday confirmed its intention to list on the London Stock Exchange in the second half of this month. The company’s current private equity owners want to sell off the stock to a buy-in team, backed by institutional investors, who will then take it public. They’ll [...]
Sarries ordered to sharpen up for Saints clash April 6, 2014 SARACENS director of rugby Mark McCall admits his side must work on their frailties ahead of next Sunday’s crunch Aviva Premiership clash with Northampton Saints after riding their luck against 14-man Ulster in the Heineken Cup quarter-final. Sarries booked their place in the last-four – where they will play Clermont Auvergne at Twickenham – but [...]