The value of UK financial services exports such as insurance broking and investment banking hit a record $19bn in 2004, a study has shown.
The global stock market recovery lifted sales in the City of London and exports grew by 9%, research firm Finance insurance statistical tool Financial Services London said.
Insurance was the largest foreign […]
Worries over the financial strength of insurer Standard Life have hit the firm’s market share.
The firm reported flat first-half sales, and its share of the UK market fell to 10.2% in the first quarter of this year from 11.1% previously.
The negative publicity earlier this year surrounding its talks with the UK regulator over its financial […]
Aston Villa have rejected a reported 30m bid for the club from former Manchester City defender Ray Ranson.
The club’s plc confirmed a group including Ranson had made an approach to take over from Doug Ellis but that the offer had been turned down.
“Aston Villa has received a proposal to acquire the entire issued share capital […]
Original article News - Air route takes off from island
A new air service has been launched that will run services between the Isle of Man and Southampton.
The Eastern Finance insurance personal quote service will fly every day except Saturdays and will become a seven day service in April.
The airline said the route is aimed […]
One of South Korea’s richest businessmen, Kim Seung-youn, has been jailed for 18 months for abducting and assaulting workers in a karaoke bar.
Kim, 55, chairman of the Hanwha Group, was convicted of attacking the men with the aid of his bodyguards, to punish them for scuffling with his son.
He admitted responsibility for much of the […]
US Treasury Secretary John Snow has asked India to consider opening its financial, insurance and pension fund sector to foreign investors.
Mr Snow, who is on a five-day visit to India, said opening of these sectors would provide funds to improve roads, railways, ports and power plants.
He met Indian business leaders and is scheduled to meet […]
Foreign investment in Japan in 2004/05 outstripped the country’s investment overseas for the first time in half a century, official figures have shown.
According to the Finance Ministry, foreign firms sank more than 4 trillion yen ($36bn; 20bn) into Japan in the 12 months to March.
The figure, which had doubled in three years, was driven by […]
Read more on News - Car and finance providers target poor site
The office staff here could be imitating art except that their one liners are too good to have been written by a dramatist - and what they are up to is a little more serious than selling paper in Slough.
The front runner for […]
exclusive life financial loss insurance leadsa further 100,000 overseas students to the UK over the next five years have been unveiled by Prime Minister Tony Blair.
Bringing foreign students to the UK has become a major economic consideration for universities, amid fears Britain is losing market share.
At a reception for students and sponsors, Mr Blair called […]
Originaly from: News - Swiss Re profits soar page
Profits at Swiss Re, the world’s second biggest reinsurer, have surged more than five-fold on the back of the stock market recovery and rising premiums.
The company said it made 691m Swiss francs ($489m; 310m) in the first six months of this year, up from 118m in the […]
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