Government discount rate U-turn set to hand insurers £2bn boost September 7, 2017 Ministers today handed Britain’s insurance sector a £2bn boost after deciding to row back on a controversial decision to change the way personal injury claims are calculated. Lord Chancellor David Lidington unveiled a number of changes to the Ogden discount rate, which determines how much is paid to claimants. Included in the government proposals is [...]
We can’t save the NHS until we acknowledge its failing health January 5, 2018 The NHS has had to cancel 50,000 non-urgent operations to deal with the winter crisis. This is not normal. The Prime Minister may be pretending everything is fine, but this is not acceptable. The trouble is that, beyond the acknowledgement that there is a very serious problem with a health service that spasms in predictably [...]
The final countdown: MiFID II is coming, ready or not December 14, 2017 With just three weeks to go before the implementation of the Markets in Financial Instruments Directive II (MiFID II), how close is the industry to being ready for the biggest change in financial markets infrastructure for decades? This article will look at the industry’s state of readiness and influencing factors, as well as what will [...]
Xavier Rolet: The tenure of the London Stock Exchange dealmaker in chief comes to an end November 29, 2017 Life can be tough at the top, but Xavier Rolet has made it look easy, serving for more than eight years as chief executive of the London Stock Exchange (LSE) Group. During that time he has been widely credited with transforming the company, stemming a slow decline and guiding it through a succession of daring [...]
Index of ambition: How AIM fuels Britain’s startups October 19, 2017 Envied around the world, London’s Alternative Investment Market (AIM) has been much imitated but never bettered. I see AIM as the Index of Ambition. During my recent visit to East Asia, investors and politicians from Seoul to Tokyo kept mentioning their admiration for British scaleup companies. Read more: Celebrating the silver anniversary of the FTSE [...]
Robotaxi for who? The 16 stocks UBS believes will benefit from fleets of driverless cars (and the 13 that won’t) October 5, 2017 The rise of the robotaxi – fleets of futuristic looking autonomous cars carrying people around cities and beyond – threatens to bring mass cheap and efficient transport to the world’s roads. That’s good for consumers, but what about business? Well, some stand to benefit more than others, according to UBS, which estimates they will be [...]
Luxury alpine chalet Tivoli Lodge offers not only skiing, but the chance to rub shoulders with the global elite of Davos January 26, 2018 Even when debating the world’s most pressing issues – starvation, pollution and political repression at the World Economic Forum in Davos – the global elite still expect the luxury to which they’re accustomed. As the world's movers and shakers descended on Davos for the annual jamboree, City A.M. grabbed the chance to sample that very [...]
11 tech startups to watch according to top insurers in Startupbootcamp’s insurtech accelerator December 11, 2017 Nearly a dozen startups looking to disrupt the insurance industry with technology such as artificial intelligence have been chosen for the latest cohort of a London programme, backed by Lloyds Banking Group, Allianz, Scottish Widows and Confused.com among several high-profile financial firms. The 11 early stage startups from nine countries around the world will join [...]
Tinder’s ‘menducation’ doctrine dispels the notion that women are best served by other women October 17, 2017 A few weeks ago, Tinder announced a new chat feature. “Designed by the women of Tinder”, says the announcement, “the feature gives women extra tools to express themselves”. It concludes: “sometimes men need a little bit of guidance when it comes to communicating….” So many things are wrong with this pitch. Tinder’s new chat feature [...]
Sparking change: Formula E reveals plans to overtake motor sport rivals January 31, 2018 Nothing beats having an original Darth Vader helmet in your office to show you mean business. Alejandro Agag has a sickeningly impressive CV. Revered in his native Spain for political and business prowess, he was an MEP in his twenties before becoming a key ally of Silvio Berlusconi. Meanwhile, Agag continues to dine out on [...]