Legal and General rows in behind Reeves’ housebuilding drive with £125m fund Housebuilding Legal & General has thrown its weight behind the government’s house building push today with a pledge to inject at least £125m of pension cash into affordable housing.
Legal & General launches new fund to funnel £400m into private UK businesses Investment Legal & General said the plans would help boost the economy and its bottom line.
LGIM boss calls for fewer ‘unscrupulous’ buy-to-let landlords in Britain Property An LGIM boss has lambasted what he describes as "unscrupulous" buy-to-let landlords, accusing many of providing poor housing for tenants.
Legal and General mulls multi-million pound sale of housing arm Cala March 18, 2024 Legal and General is drawing up plans to sell Cala Group, one of the UK’s biggest house building groups, which it has owned for the past six years.
Legal and General hits out at Apple’s plan to keep AI use secret March 13, 2024 Legal and General Investment Management (LGIM) has announced it plans to vote against Apple's use of AI at its upcoming annual meeting.
Homes England, Legal & General and Muse partnership doubled in size to £400m February 27, 2024 A partnership between Homes England, Legal & General and Muse has doubled in size to £400m after securing two major deals.
L&G’s modular homes venture reports £94m loss as it winds down business November 6, 2023 Legal & General’s modular homes subsidiary reported losses of almost £94m last year as the insurance giant moved to close its factory and run down the pet project of outgoing chief executive Sir Nigel Wilson.
Insurers’ £360bn pension plan bonanza could spark government bonds sell-off October 16, 2023 It is estimated that the UK private sector defined benefit pension plans could transfer up to £360bn of assets to insurers over the next five years, which would see a £100bn sell off in government bonds.
Two thirds of home buyers in London getting help from Bank of Mum and Dad August 28, 2023 Over two-thirds (67 per cent) of all homeowners in London receive parental support to purchase their homes, a report released by Legal and General (L&G) has shown. ‘Bank of Family’ recipients in London received £30,200 on average to support their transaction, only beaten by those in the East of England who received an average of [...]
Aviva, L&G and Admiral to report next week as long-time insurance boss Sir Nigel Wilson eyes exit August 11, 2023 Investors will need to figure out the impact of new accounting rules next week as three of the country’s biggest insurers report their financial results. It will also be the final set of half-year results for Legal & General boss Sir Nigel Wilson, who is set to depart later in 2023. “Sir Nigel steps down [...]