Former Lloyd's of London boss's relationship breached rules, firm says
Lloyd's of London's former boss's close relationship with another director breached compliance rules, the insurance market has said after an internal investigation.
Thursday, 30 July 2026
Independent coverage of global markets, trade and finance
Lloyd's of London's former boss's close relationship with another director breached compliance rules, the insurance market has said after an internal investigation.
Lloyd's of London's former boss's close relationship with another director breached compliance rules, the insurance market has said after an internal investigation.
The luxury car maker has been struggling in recent years and in March announced it would cut about 600 jobs, as last year's net losses leapt by a little over 50% to £493.2m.
OpenAI has revealed some of its most advanced AI models went rogue and hacked a start-up after it lost control of them during a security test.
Food prices are rising at their slowest rate in nearly two years, as the cost of some staples such as margarine and sugar have gone down.
The UK rate of inflation has slowed to 2.6% in the year to June, driven down by lower fuel prices, according to new figures.
Islington seems, on the surface, a family-friendly area. Parents push buggies through quiet leafy side streets of this popular neighbourhood that is also within easy reach of central London.
Islington seems, on the surface, a family-friendly area. Parents push buggies through quiet leafy side streets of this popular neighbourhood that is also within easy reach of central London.
Artificial Intelligence (AI) companies are making vast claims about the ability of their tools to replace human labour.
Employer national insurance (NI) contributions for all under-25s should be cut to boost job opportunities for young people, a group of MPs has urged.
Employer national insurance (NI) contributions for all under-25s should be cut to boost job opportunities for young people, a group of MPs has urged.
Giant heat pumps, electric vehicles, and new fuel efficient planes are being ordered by an airport introducing major changes to cut its carbon emissions.
An incident on a Ryanair flight which saw a passenger partially sucked out of a plane window may have been caused by "foreign object damage" to an engine, said the airline's boss.
Lindt has partially U-turned on its decision to hike prices after Easter chocolate sales dropped.
Giant heat pumps, electric vehicles, and new fuel efficient planes are being ordered by an airport introducing major changes to cut its carbon emissions.
US President Donald Trump has imposed a 50% tariff on a wide range of goods imported from Canada, in retaliation for what he called "unequal treatment" of US cars, dairy and alcohol.
While the UK government has announced it will cut VAT on domestic electricity this October from 5% to zero in an attempt to help with the cost of living, British households are still paying more for power than many othe…
The maker of Wegovy and Ozempic, Novo Nordisk, has launched legal action accusing its arch rival Eli Lilly of false advertising in suggesting its weight-loss drugs perform better.
An incident on a Ryanair flight which saw a passenger partially sucked out of a plane window may have been caused by "foreign object damage" to an engine, said the airline's boss.
More than 100 jobs could be at risk after British Sugar announced plans to shut one of its four factories.
The government borrowed slightly less than expected in June, according to figures published as new Prime Minister Andy Burnham began setting out measures to cut living costs for households.
Thames Water's main lenders are offering the government a "golden share" and more control for local authorities in a bid to stop the troubled supplier from being nationalised.
Daisy Kelly's business was inspired by a personal problem - for years she'd been pulling out her eyelashes.
What made it such an effective thriller was that it all seemed so frighteningly real. Although the two sides in that civil war were fictitious, it hit a raw nerve precisely because of the very obvious divides that scar …