Workers in London’s Financial Services Industry Are Returning to Their Desks in Droves September 20, 2021 By Harry Wilson and Tom Metcalf On the lower floors of HSBC Holdings Plc’s Canary Wharf headquarters, the desks are filling up. Traders, salespeople and close...
Marshmallow, Black-Founded Insurtech, Is Now a Unicorn September 8, 2021 By Carolyn Cohn Digital motor insurer Marshmallow has raised $85 million from investors, valuing it at more than $1.25 billion and making it...
UK Insurers Warned They Could Face Regulatory Action Over Car, Home Policies August 25, 2021 By Huw Jones LONDON – Insurers in Britain that are not ready to implement tougher “value for money” rules on car and home...
London Is Struggling to Lure Back Workers, Says CEO of Legal & General August 5, 2021 By Benjamin Robertson and Mark Cudmore The head of one of the UK’s largest insurers and investors warned that the City of London is struggling far...
Chronic Scarcity of UK Workers Blamed on COVID and, of Course, Brexit August 3, 2021 By Jack Sidders, Deirdre Hipwell, Joe Mayes and Libby Cherry On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion....
British On-Demand Drone Insurer Flock Raises $17 Million in Funding July 29, 2021 British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social...
London Staff Want Big Pay Raises Before Returning to Their Desks Full-Time: Survey July 23, 2021 By Eamon Akil Farhat London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return...
UK’s Q2 Auto Insurance Premiums Drop to Lowest Level Since Early 2016: Survey July 21, 2021 The cost of a comprehensive car insurance policy in Britain fell 12% in the second quarter to its lowest level...
Britain’s Largest Pub Group Launches Billion-Dollar Suit over COVID-Related BI Claim July 20, 2021 By Todd Gillespie Britain’s largest pub group, Stonegate Pub Group Co., sued three insurers for 846 million pounds ($1.2 billion) over losses it...
Number of Women on Boards of UK’s Top Financial Firms Rises to 32%: Report July 19, 2021 By Simon Jessop The proportion of women on the board at 200 of Britain’s top financial firms has risen to nearly a third...