Aviva pushes out female senior exec while on maternity leave June 10, 2019 Insurer Aviva has pushed out one of its most senior female executives while she was on maternity leave. Chief people officer Sarah Morris went on maternity leave last July and was put on gardening leave at the end of May, the Sunday Times reported. Aviva refused to comment on the circumstances of Morris’s departure. In [...]
Greening the economic recovery is vital for the UK’s long-term prosperity February 17, 2021 The decisions we make in the coming weeks and months on how the UK economy recovers from covid-19 will shape our economy for decades. It is crucial that we start to phase-out carbon intensive industries and lock-in clean, green innovation. The Covid-19 pandemic has brought into sharp focus what happens when humans disrupt natural systems [...]
China tightens grip on Hong Kong as it limits parliament to ‘patriots’ March 30, 2021 China has passed new laws slashing the number of directly-elected politicians to Hong Kong’s parliament, further tightening Beijing’s control over the financial hub. The changes will almost halve the number of representatives who are directly elected and increase the number of Beijing-approved officials. The overhaul is intended to ensure that only “patriots” can rule the [...]
London remains one of the world’s leading green finance centres April 29, 2021 London has held on to one of the top spots for green finance quality in Z/Yen’s latest index, but Western Europe’s overall dominance is starting to slip. In its Global Green Finance Index (GGFI), the City of London think tank ranked 78 financial centres across the world for their public, private and nonprofit investment in [...]
Retail therapy: How has the Covid-19 pandemic changed the way we shop? January 22, 2021 The lifestyle changes from Covid-19 were reflected in where people chose to spend their hard-earned cash in 2020, with local shops, fitness platforms and recipe boxes feeling the benefit of a year in the coronavirus pandemic.
Top City investor James Anderson gives Deliveroo the cold shoulder March 29, 2021 Deliveroo’s flotation has been snubbed again, this time by a leading tech investor who remains unconvinced by the platform’s model outside of London. The tech platform is targeting a market cap of almost £9bn in its upcoming London listing as demand soared during lockdown. The City has largely welcomed the blockbuster float as it tries [...]
Ranked: S&P Global’s $44bn mega-deal tops list of biggest 2020 acquisitions May 27, 2021 In what was a tough year for businesses across the world, it was a fruitful one for 6,000 mergers and acquisitions. While the pandemic threatened companies of all sizes, some managed not just to survive but to continue growing in the last 12 months. After a year unlike any other, which acquisitions were the biggest [...]
AJ Bell profit soars as it attracts new, younger customers May 27, 2021 AJ Bell has benefited from the renewed interest in investment, boasting record levels of new customers and inflows in the first half of the year. Revenue jumped 21 per cent to £73.9m in the six months to the end of March while profit before tax soared from £22.7m to £31.6m. It came as AJ Bell [...]
Share of Brits working from the office rises to pre-lockdown level, as remote working appeal fades March 5, 2021 Share of Brits working from the office rises to pre-lockdown level
Aviva to cull 1,800 jobs to save £300m per year June 6, 2019 Aviva is set to cut 1,800 jobs over the next three years in a bid to help save £300m per year. The bombshell announcement means the UK insurance giant stands to lose six per cent of its 30,000 workforce under new chief executive Maurice Tulloch. Read more: Aviva CFO to leave in latest leadership shake-up [...]