Shares in Ocado surged this morning(19 November)as the UK online retailer said it had extended its debt facility and would raise GBP35.8m(US$57m)in a placing to fund expansion of the business. In an announcement today,the retailer said ...
Tags: Ocado, fund expansion, expenditure facility
Shares in Ocado surged this morning (19 November) as the UK online retailer said it had extended its debt facility and would raise GBP35.8m (US$57m) in a placing to fund expansion of the business. In an announcement today, the retailer ...
Tags: Ocado, online retailer, gross sales
The British Fashion Council(BFC)announces 14 of London's brightest emerging talents will be receiving NEWGEN support,sponsored by TOPSHOP,to show at London Fashion Week in February 2013. NEWGEN recipients for London Fashion Week ...
Tags: BFC, NEWGEN, TOPSHOP, London Fashion Week in February 2013
UK based Pension Corporation, the specialist insurer which manages pension schemes’ risks, has raised nearly £300m by disposing some of its pension schemes to reinsurer Munich Re. The Munich Re arrangement has been initiated ...
Tags: Pension Corp, Pension Corporation, specialist insurer, pension schemes
UK based Pension Corporation, the specialist insurer which manages pension schemes’ risks, has raised nearly 300m pounds by disposing some of its pension schemes to reinsurer Munich Re. The Munich Re arrangement has been initiated ...
Tags: pension, insurance, pension scheme, Munich Re
Premier's healthcare alliance has selected Beazley as the preferred cyber liability insurer for its clients, which include more than 2,700 US hospitals and 90,000 healthcare sites. The firm's subsidiary, Premier Insurance Management ...
Tags: healthcare alliance, cyber liability, health insurance, insurance
Doncaster-based provider of outsourced services, Direct Group has completed acquisition of Simple Insurance from Leeds-based UK General for an undisclosed amount. Direct Group chief executive Derek Coles said the company offers a range of ...
Tags: Direct Group, acquisition, Simple Insurance, insurance company
UK-based Secure Legal Title has registered at Lloyd to offer legal indemnity and title insurance for commercial property in the UK and across Europe. Underwritten by Lloyd's, the Secure Legal Title Cover provides protection against losses ...
Tags: legal indemnity, title insurance, commercial property, insurance
Global Indemnity (GBLI) has appointed John Howes to the board of directors, which has already come into effect from 16 July 2012. Howes began his career with JH Minet & Co., a Lloyds of London Broker, and moved to Minet Holdings to assume ...
Tags: GBLI, John Howes, board of director, insurance, broker
RSA Group,a UK based commercial insurer,has appointed Martin Scicluna as its new chairman,effective from 01 January 2013. Scicluna,who holds considerable financial services experience,will succeed RSA's out going chairman,John Napier,who ...
Tags: RSA Group, New Chairman, commercial insurer
As the government pushes private companies to release customer data under its Midata initiative,Computer Weekly looks at what this means for the digital economy and who stands to benefit most from this new form of"consumer empowerment". ...
Tags: Midata, customer data, consumer empowerment
Recycling bottles and jars is a concept we are all familiar with. The 750, 000tonnes that we put in bottle banks each year goes someway to offsetting the 2 million tonnes or so that we use for containers. Half as much glass (at least 1m ...
Tags: market view, glass
Bank of Scotland, part of the Lloyds Banking Group, has been fined £4.2m by the Financial Services Authority (FSA) for failing to keep accurate records of the mortgage payments of 250,000 Halifax customers. The blunder, which ...
Tags: Bank of Scotland, Lloyds Banking, FSA, Tracey McDermott
Bank of Scotland,part of the Lloyds Banking Group,has been finedGBP4.2m by the Financial Services Authority(FSA)for failing to keep accurate records of the mortgage payments of 250,000 Halifax customers. The blunder,which persisted from ...
Tags: Bank of Scotland, Financial Services Authority, mortgage records system
Some Lloyds TSB customers have been unable to get money from ATMs or use online customer services as a result of a system problem. Twitter account said: "We're sorry that customers are experiencing problems with some of our services, ...
Tags: Lloyds, System Error, ATM Problems, ASAP