City banks and insurers will book £330bn climate change loss without action to control impact May 24, 2022 The City could lose as much as £330bn over the next three decades if the UK fails to tackle climate change, the Bank of England said today. Firms will struggle to pay back loans due to costs swelling as a result of higher carbon prices, according to conclusions drawn by the Bank from its first [...]
Six Nations: Ireland vs France lived up to the Goliath vs Goliath hype February 13, 2023 It was billed as a clash of titans, Goliath versus Goliath, world No1 against world No2, and Saturday’s Six Nations showdown between Ireland and France lived up to every single ounce of hype thrown its way. A 32-19 win for the home side ended France’s hopes of repeating the Grand Slam but, perhaps more importantly, [...]
Champions Cup rugby: ‘I predict eight home wins out of eight’ March 31, 2023 Though the fixtures suggest a couple of upsets, I am going out on a limb and saying that there will be eight home wins in the Champions Cup round of 16 ties this weekend. It’s one of those weekends where I will be putting my phone on vibrate and just enjoying what is set to [...]
Moving markets: Five things shaping the FTSE 100 today March 4, 2024 Asian markets rallied as Japan's Nikkei surged, bitcoin hit a two-year peak, and oil prices rose. All eyes are on the UK Budget and the Annual Chinese Communist Party (CCP) meetings, set to influence market dynamics this week.
Aviva shares rise on record profit but insurer takes £500,000 coronavirus hit March 5, 2020 Insurance giant Aviva this morning reported a jump in profit but said it had taken a £500,000 hit from coronavirus claims. Shares rose 3.42 per cent as the company announced record profit, but it also warned that the outbreak of coronavirus had exacerbated the “significant uncertainty” at the beginning of the year. So far Aviva has [...]
Climate-conscious insurers scrap coal exit policy to stay on right side of antitrust rules January 19, 2022 A coalition of climate-conscious insurance companies have reportedly scrapped plans to stop insuring coal miners, to ensure they are not violating antitrust laws. The Net Zero Insurance Alliance, whose founding members include Axa, Allianz, and Aviva, dropped plans for a coal exit, after receiving advice from lawyers that the plans to join forces to prevent [...]
Aviva Investors buys Docklands hotel site for £106m January 15, 2020 Aviva Investors’ Lime Property Fund has bought a £106m hotel development site near Canary Wharf. The asset management arm of Aviva has acquired the freehold interest in the site next to Westferry DLR station, where developer Rockwell will build a 30-storey Premier Inn Hotel. Read more: London luxury hotel market booms Whitbread, the owner of [...]
Direct Line shares crash as winter cold snap and inflation leave its results ‘as ugly as they can be’ March 13, 2023 Direct Line today posted a £45m loss for the year 2022 as the insurer suffered a hit from soaring inflation, extreme weather, and market volatility, in what analysts described as one of the “worst years” in the Bromley firm’s history. Shares in Direct Line fell by 5.79 per cent on the news, as the insurer [...]
London homes: Pandemic panic-buying property leads to homeowner regrets July 13, 2021 London property: Pandemic panic-buying property leads to homeowner regrets
So you want to go to… Six Nations Super Saturday? Here’s how March 9, 2023 This time next week millions of Brits will be preparing to tune in to Super Saturday, the final round of Six Nations action involving three games back-to-back. This year’s finale sees Scotland host Italy before Wales travel to France, with Ireland’s match against England on St Patrick’s weekend closing the show. Here’s how to be [...]