Brits optimistic about returning to work despite safety concerns August 13, 2020 British workers are largely optimistic about returning to the office, though concerns remain over whether employers will put the right safety measures in place. Just under half of UK employees said they felt positive about going back to work, while less than one in five said they felt negative, according to a new survey. The [...]
Hospitality groups gear up to take on insurers over business interruption cover April 23, 2021 Hospitality companies hit hard by the pandemic are forming groups to take on their insurers, in the hope of receiving business interruption cover they believe they are owed. The hospitality businesses involved believe they are owned payouts from their insurers after the coronavirus and subsequent restrictions left them unable to serve customers for months at [...]
Deliveroo float under fire as major investors balk at workers’ rights row March 25, 2021 Deliveroo’s blockbuster stock market float is under pressure after a string of high-profile investors said they will steer clear of the IPO due to the way the company treats its workers. Legal & General Investment Management and M&G today became the latest institutional investors to announce they will not take part in the delivery giant’s [...]
New Aviva CEO shakes up leadership team to boost ‘commercial thinking’ April 24, 2019 Aviva’s new chief executive rang the changes among senior management today as he looks to offer more value to shareholders. Read more: Former Aviva boss pay halved in 2018 as insurers gets tough on bonuses Maurice Tulloch announced three fresh appointments at the insurer as he dumped the chief executive of its UK insurance arm, [...]
City Moves for 14 May – Who’s switching jobs at Aviva Investors, Freedom Finance and Amundi? May 14, 2019 Today's City Moves includes Aviva Investors, Freedom Finance and Amundi. Aviva Investors Aviva Investors, the global asset management business of Aviva, has announced the addition of Stephanie Niven as a named manager to the Global Equity Endurance Fund. She will work alongside Giles Parkinson, who has been manager of the fund since its launch in [...]
Aviva share price falls as it warns of ‘muted’ 2019 March 7, 2019 Aviva's shares were down five per cent this morning after it warned of a "muted" outlook for 2019 despite reporting rising profits for 2018 today. New boss Maurice Tulloch, appointed earlier this week, said the results showed the insurer’s “strong foundations”. The figures Profit before tax rose to £2.13bn in 2018 from £2bn in 2017 while group operating profit [...]
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
Aviva and Sesame Bankhall invest £5m in new blockchain mortgage platform April 2, 2019 A new fintech mortgage platform has secured £5m seed funding from Aviva and Sesame Bankhall in a bid to transform the market. Acre – a next-generation mortgage and insurance platform – has announced £5m seed funding from insurance giant Aviva and financial advisor Sesame Bankhall Group (SBG). Read more: Monzo backer Accel stumps up $30m for Chainalysis' [...]
Markets: Indexes in London and New York push further into record territory April 8, 2021 FTSE roars to highest levels since February 2020 as Wall St inches up
Weekend Read: Job market tension threatens to derail Britain’s economic recovery July 17, 2021 The UK labour market is roaring back to life. After months of being shuttered due to Covid, businesses are finally welcoming customers back through their doors – and ramping up hiring to cope with soaring demand. Companies added 356,000 workers to payrolls over the last month. Total weekly hours worked has reached its highest level [...]