Natural catastrophes to cost insurers more than $100bn for the second year in a row December 1, 2022 The global insurance sectors’ losses from natural catastrophes are set to surpass sums of $100bn (£81.5bn) for the second year in a row, new data from Swiss Re shows. Natural catastrophes will cost insurers an estimated $115bn this year, after Hurricane Ian and a series of “secondary perils” caused $260bn worth of damage in 2022, [...]
Peel Hunt losses double but bosses predict rebound in London listing market June 13, 2024 Losses at investment bank Peel Hunt more than doubled last year despite the bank predicting the first signs of a “recovery” in London’s IPO market.
As the Post Office Horizon scandal deepens Fujitsu posts £22m UK profits January 9, 2024 Fujitsu has recorded £22m in UK profits amid the escalating Post Office Horizon IT scandal.
Reeves under pressure to shift the dial on pension investment July 10, 2024 Rachel Reeves and Labour will be tasked with driving through the so-called Mansion House compact and unlocking pension cash.
Warnings for road and rail as extreme weather continues and heatwave turns to storms August 15, 2022 The UK rail and road network is bracing itself for the impact of severe weather as the heatwave comes to an end and thunderstorms are expected. With Britain having experienced its driest July since 1935, the Met Office issued a yellow weather warning on the weekend as heavy rain is expected across large parts of [...]
Letters: Work you won’t want to leave August 1, 2022 [Re: The great resignation is ripe for a backlash with a flood of boomerang employees, July 29] Mark McCain wrote that people who left their jobs during the pandemic might wind up coming back and employers should accept them with open arms. I agree it is a good thing for workplaces to bring back staff [...]
The Square Mile and Me with BeZero Carbon’s Tommy Ricketts October 26, 2023 If you don't ask, you don't get: Tommy Ricketts talks to us about City life, from carbon credits to brown shoes
London fintech Clearbank triples revenues to £58m as firms flee to BOE-backed safety April 4, 2023 London fintech Clearbank has revealed its revenues tripled to £58m last year as financial firms rushed to the firm amid market turmoil and sharp rate hikes.
Nike still won’t sell England goalkeeper shirt despite Mary Earps’ World Cup heroics August 21, 2023 Nike has resisted calls to put an England goalkeeper shirt on sale in the near future despite Mary Earps and the Lionesses’ success in reaching the Women’s World Cup final. The sportswear giant has attracted criticism from fans and players for not producing a replica of Earps’s kit following her World Cup heroics, despite selling [...]
Climate change doesn’t have to be a culture war issue May 13, 2024 Protesters who vandalise our heritage make climate change a divisive issue. But when it comes to the environment, we all win or we all lose, says Frances Lasok When we are under pressure, our hands start shaking and our mind goes blank. That’s because when we’re scared our bodies flood with the chemicals necessary to [...]