Blow for England as No8 Billy Vunipola set to miss Six Nations with knee injury November 27, 2016 England's autumn celebrations have been tempered after No8 powerhouse Billy Vunipola emerged as a major doubt for next year’s Six Nations due to the knee injury he picked up during Saturday’s victory over Argentina. World player of the year nominee Vunipola tore cartilage during England’s 27-14 triumph over Argentina and after undergoing surgery on Sunday the 24-year-old [...]
What a difference three and a half weeks makes? Tracking HabourVest’s hostile takeover attempt of SVG Capital October 6, 2016 It has been a strange three and a half weeks for chief executive Lynn Fordham and her board at SVG Capital (SVG). Sources close to the company said that SVG's board was only informed of HarbourVest's hostile takeover bid late in the evening on 11 September and in the weeks that followed the US-giant quickly gathered sufficient shareholder backing for its takeover offer. [...]
The year of the stock picker: Which value shares look underpriced in 2017? January 24, 2017 We've heard it before. When there is greater volatility and more dispersion in the market, canny investors should be able to beat the index. The great rotation in equities which markets are anticipating due to looser fiscal policy and higher interest rates under Donald Trump is filling active managers with optimism that they can use [...]
More property funds suspended after Brexit are being reopened September 19, 2016 Henderson Global Investors has announced it will reopen the UK property fund it suspended in the aftermath of the EU referendum. Henderson was among several asset managers to suspend trading on funds during the summer. Read more: Brexodus: Retail investors took £3.5bn out of funds in referendum month Aberdeen Asset Management, Columbia Threadneedle and Canada [...]
The ministry of justice to stamp out “bogus” whiplash claims, while insurers promise to pass on savings November 17, 2016 Insurers and motorist groups celebrated government plans to get tough on bogus whiplash claims. Motor insurers have clamoured about the inflationary impact of whiplash claims over recent years. They have said that despite a generally soft insurance market, motor premiums have soared because of spiralling personal injury claims. Read more: Here's one more way the cost of motoring is [...]
City Moves for 15 December 2016 | Who’s switching jobs December 15, 2016 The Instant Group John Duckworth has been appointed managing director of The Instant Group, responsible for all sales and business operations in the UK and EMEA region. An experienced real estate executive, John joins from JLL where he was a member of the UK board and, among other responsibilities, ran its corporate services business. In his 18 years [...]
Top dogs: 37 of the hottest startups to watch right now January 25, 2017 Nearly 40 UK tech startups have been branded "ones to watch" and will be mentored by top entrepreneurs, founders and investors to get them scaling up to become tech giants. A startup which lets wannabe pet owners borrow other people's dogs, BorrowMyDoggy, and an innovative mapping company which just landed backing from Daimler, What3Words, are [...]
It’s a grim day to be a challenger bank, with shares taking a nosedive following bad Brexit vote news July 5, 2016 A slew of trading suspensions for property funds along with some stern words from the Bank of England has made this a bad day to be a challenger bank. Shares in many UK challengers, including Shawbrook, OneSavings and Virgin Money, all slid after Aviva became the second property fund to suspend trading in just as many days. M&G [...]
City Moves for 15 November 2016 | Who’s switching jobs November 15, 2016 Harrods Bank Harrods Bank has appointed Mark Stephens as its new chief executive officer. Mark joins Harrods Bank following seven years at Aldermore Bank, most recently in the role of deputy chief executive and group commercial director. Mark will be responsible for the overall leadership and direction of the bank as it enters an exciting [...]
FCA complaints are still dominated by PPI mis-selling October 6, 2016 The number of complaints lodged against financial services firms nudged down in the first six months of 2016 according to statistics released by the Financial Conduct Authority (FCA). The total number of complaints dropped by 2.6 per cent compared with the final six months of 2015. Barclays topped the list and received over a quarter of a million objections. Top five [...]