Getty Images Workers at insurance market Lloyd’s of London have been told to behave during the Christmas party season. Chief executive John Neal told trade magazine Financial News that staff have been emailed warning them to be “particularly
Holidaymakers who were set to jet off with Thomas Cook before the firm’s collapse are now facing more misery, with around a third of them facing repayment delays. Customers were encouraged to fill out an online form after the company
Getty Images The UK’s competition watchdog has accepted a proposal to cap rail fares on certain routes between Preston in Lancashire and Scotland. The agreement is part of a deal with FirstGroup and Trenitalia, who now run the
Swiss Re AG (SREN.EB) has agreed to sell its U.K. closed-book business ReAssure to Phoenix Group Holdings PLC (PHNX.LN) in a deal valued at 3.25 billion pounds ($4.27 billion). The Swiss reinsurance giant will receive GBP1.2 billion in cash and
Uber has released a report showing it received almost 6,000 reports of sexual assault related to its operations in the US over the past two years, including 464 claims of rape. The ride-hailing firm made the admission in the first
Getty Images Uber said it received almost 6,000 reports of sexual assault in the United States in 2017 and 2018. While the number of cases rose in 2018, the rate of incidents dropped by 16%, as the number
Dec 6 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – The Serious Fraud Office has begun an
The world’s largest property investor is weighing a £4bn takeover bid for a major British student housing provider as its owners plot a sale or stock market listing in 2020. Sky News has learnt that Blackstone is exploring the prospect
Getty Images Mustafa Suleyman helped develop the controversial Streams health app Mustafa Suleyman, co-founder of British artificial-intelligence firm DeepMind, has announced that he is joining Google. He had previously said he was taking time off from
Ahead of this month’s general election, GL Hearn brought together a panel of experts to explore what the key problems are with business rates, focusing not just on the retail sector but also on manufacturing. The panel also looked at
Fraud investigators have launched an inquiry into global mining giant Glencore over suspected bribery. The London-listed company has said it will co-operate with the investigation by the Serious Fraud Office. The development saw shares in the firm fall by 9%
Reuters State-owned oil giant Saudi Aramco has raised a record $25.6bn (£19.4bn) in its initial public offering (IPO) in Riyadh. The share sale was the biggest ever, surpassing that of China’s Alibaba which raised $25bn in 2014 in
Getty Images Nationalising UK energy companies will delay the UK’s move towards a zero carbon future according to the chief executive of Scottish Power, Keith Anderson. He said that investment by the private sector had seen the cost
A share price set for state-owned oil giant Saudi Aramco will make its flotation the biggest in history and see Apple toppled as the world’s most valuable listed firm. However, it still falls well short of the staggering $2trn (£1.5trn)
Getty Images Customers of defunct tour operator Thomas Cook have reacted angrily after learning they will face delays in getting refunds for Atol-protected package holidays. The Civil Aviation Authority originally said all valid claims made on the first
Kiwis & Insurance UK (KAI UK), a business networking group, is looking for more Kiwi insurance professionals residing in the UK to connect with. The group, which is available on LinkedIn, was born in February 2018 when three Kiwis working
A firm set up by the former boss of Britain’s media regulator is to advise on a possible break-up of the monopoly hold on Heathrow’s terminals enjoyed by the airport’s owner. Sky News has learnt that the Civil Aviation Authority
Getty Images British Steel’s French factory has been advertised for sale separately from the UK operation, despite a Chinese firm’s deal to rescue the whole company. Last month, China’s Jingye agreed to buy British Steel, paying about £50m
Rising workplace stress among younger employees has led to increased investment in incentives as rewards, according to a new report by event agency and rewards experts CR Worldwide. The report – Corporate Wellness 2.0 – which is based on CR
Aston Martin shares have surged by a fifth amid reports the owner of the Racing Point Formula One (F1) team is planning to take a major stake. Autocar said on Thursday that the billionaire Lawrence Stroll, whose son Lance drives
Getty Images The fate of troubled trucking firm Eddie Stobart is set to be decided by a crucial meeting on Friday, with investors voting on a rescue proposal. One of the firm’s largest shareholders, DBay Advisors, wants to
Everyday, around the world, innovation helps to solve problems and improve lives. But there are some issues that don’t receive as much attention or interest as others, and where there’s the potential for the right organisations to make a big
Boris Johnson has suggested that the UK will comply with the American stance on banning Huawei equipment within the country’s 5G network. Senior officials in Washington have repeatedly stated the country would reassess intelligence sharing with the UK if Huawei
Getty Images French President Emmanuel Macron has staked his reputation on reforming France France is enduring severe disruption as millions of workers threaten to strike in protest at being forced to retire later or face reduced
Aegon’s British investment management business Kames Capital will no longer be known by its current identity by the middle of next year. The Kames Capital brand, as well as that of Groningen-based TKP Investments, will be scrapped as the units
