The Capitalist: Labour’s boost for wealth advisors and bane for private schools plus friends like Boris’
Extinction Rebellion cleared of criminal damage to Shell building April 23, 2021 Six members of Extinction Rebellion have been found not guilty of criminal damage, after the protest group spray painted the Shell building at Waterloo in April 2019. The six activists were acquitted today at Southwark Crown Court, with the jury delivering a ‘not guilty’ verdict for each of the defendants, despite the court’s judge ruling [...]
Extinction Refinancing: Banks are the next generation of climate activists withholding funding for carbon-heavy businesses May 11, 2021 Banks are unlikely to be the first group that comes to mind when thinking of climate activists. Although there is now immense and growing pressure on every area of the financial community to drive down emissions and lead the transition to a low-carbon economy, banks often seem to face the most scrutiny. A massive 92 [...]
The Lloyd’s of London drinking ban isn’t the answer to alcohol-fuelled work culture May 3, 2019 Lloyd's of London has banned alcohol during work hours, and anyone found to be under the influence is now barred from the premises. Read more: Kirkland & Ellis could get stuck with 'frat' label after boozy grad event It’s an extreme measure – but one that Lloyd’s clearly feels is necessary to curb excessive drinking [...]
CA Summit 2021: Speakers announced October 4, 2021 Join free · Online · 5 – 7 October If you’re working in or around the field of finance or accountancy, this is an event you won’t want to miss. Split into three chapters – Learn, Grow and Inspire – with a day devoted to each, the CA Summit 2021 is packed with talks, presentations and interviews. [...]
Metallica sues Lloyd’s of London underwriters over postponed show losses June 15, 2021 Metallica is suing certain syndicates at Lloyd’s of London for allegedly refusing to pay out after the band was forced to postpone six South American shows due to Covid-19. The rock band filed paperwork in Los Angeles Superior Court last week, according to reports, in which they alleged the insurance market had breached its contract [...]
Lloyd’s of London partners with the Met to urge staff to become special constables to ‘manage difficult situations’ April 18, 2019 Insurance market Lloyd’s of London has partnered with the Metropolitan Police to encourage employees to become special constables. The 330-year-old market – embroiled in a sexual harassment scandal – has pledged to allow staff to volunteer on the streets of London during working hours. Read more: Lloyd's of London will ban drunk staff from the [...]
Lloyd’s of London takes out £650m cover to protect emergency fund June 17, 2021 Insurance market Lloyd’s of London has taken out £650m in cover to protect its backup central fund against possible high-risk events that could cause losses. The five-year cover is financed by JP Morgan as well as other reinsurers including Berkshire Hathaway and Swiss Re, according to a Financial Times report. The central fund at Lloyd’s [...]
‘It’s the best city in the world’: Punters flock back to the Square Mile as lockdown eases April 12, 2021 Shoppers, pub-goers and those desperately in need of a haircut descended on the City of London today as lockdown restrictions eased. Today marks the first major change in the lockdown restrictions England has been living with since early January. Pubs gardens are now open, as well as restaurants with outdoor space and non-essential retail, although [...]
Moneyhub eyes London IPO after £35m cash injection October 24, 2022 Fintech firm Moneyhub said it was eyeing up a London listing today as it bagged £35m in fresh funding from investors including Legal & General and Lloyds Banking Group.
Beazley boss upbeat on 2021 after COVID-19 losses November 24, 2020 By Muvija M and Carolyn Cohn LONDON (Reuters) – Next year could be one of Beazley’s strongest for more than a decade, the Lloyd’s of London insurer’s chief executive said on Tuesday, with the industry likely having already absorbed the bulk of its losses from the coronavirus pandemic. “We hope that the COVID-19 claims are [...]