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Evening Standard
Saga in talks with Belgium’s Ageas over insurance tie-up
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Over-50s group Saga has confirmed talks with Belgian firm Ageas over a tie-up for its insurance arm as the company looks to …
Business
Sky News
Why oil prices are not surging ahead as Middle East conflict escalates
Israel is fighting on at least four fronts, threatening a war across the oil-rich Middle East, but there is no great sense of fear yet as far as financial markets are concerned.Israel’s actions against Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen and the ultimate sponsors of these groups, Iran, have proved a …
Business
Sky News
Why oil prices are not surging as Middle East conflict escalates
Israel is fighting on at least four fronts, threatening a war across the oil-rich Middle East, but there is no great sense of fear yet as far as financial markets are concerned.Israel’s actions against Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen and the ultimate sponsors of these groups, Iran, have proved a …
Business
Sky News
US port strike poses fresh inflation risk
A prolonged strike by US port workers risks a new wave of freight-led inflation, according to experts.The walkout, at each of the 36 major ports along the US east and Gulf coasts, is the first since the 1970s and explained by a failure to agree new collective contracts covering the next six years. In addition …
Business
Sky News
Saga in talks with Belgium’s Ageas about insurance arm deal
Saga, the London-listed financial services and travel provider for over-50s consumers, is in detailed talks with one of Europe’s biggest insurers about a deal that will allow it to repay a chunk of its huge debt pile.Sky News has learnt that Saga is in exclusive negotiations with Ageas, a Belgian insurer which tried to buy …
Business
Sky News
Reeves eyes new year trip to China to bolster trade ties
Rachel Reeves, the chancellor, is drawing up plans for a visit to China early next year that would include resuming a key financial services trade summit for the first time since 2019.Sky News has learnt that the Treasury is in detailed discussions with Chinese counterparts about holding a UK-China Economic and Financial Dialogue (EFD) as …
Business
Business Live
Manufacturing recovery set to fade as costs and budget fears hit sentiment
The manufacturing sector’s recovery appears to be losing momentum, according to a key survey, as rising costs and concerns about the upcoming budget dampen business sentiment. The S&P purchasing managers’ index (PMI) for manufacturing revealed a significant decline in optimism about the year ahead, with confidence plummeting to a nine-month low in September, as reported …
Business
Evening Standard
UK power system boss: Labour’s clean energy plans challenging but achievable
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The official tasked with keeping the lights on across the UK has called Labour’s plan of decarbonising the power grid by 2030 …
Business
Sky News
Law firm founder Rosenblatt demands CEO ousting
The founder of one of the City’s most prominent independent law firms is threatening to call an extraordinary meeting of its shareholders unless its chief executive is sacked in the wake of a calamitous decline in its share price.Sky News has learnt that Ian Rosenblatt, who founded Rosenblatt Law in 1989, has written to the …
Business
Evening Standard
Manufacturing confidence falls amid ‘gloomy’ October Budget messaging
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Activity in the UK’s manufacturing sector grew at a slower pace last month amid a drop in business optimism, according to new …
Business
Sky News
Post Office execs ‘dragged their feet’ on compensation, ex-chair tells inquiry
The Post Office was a “mess” run by executives and government appointees who “dragged their feet” in efforts to compensate and exonerate sub-postmasters, the former chairman has told the public inquiry.Henry Staunton, who was sacked after 14 months as chair by then business secretary Kemi Badenoch in January, also accused the organisation of having a …
Business
Sky News
Mulberry rejects Mike Ashley’s takeover bid
Mulberry, the struggling UK luxury brand, has rejected a proposed takeover bid by Mike Ashley’s Frasers Group.Frasers, which is majority owned by the tycoon and best-known for its Sports Direct brand, made an offer on Monday that valued Mulberry at £83m. The company is the second largest shareholder in Mulberry, with a 37% holding.Money latest:Tipping …

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