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The Body Shop appoints administrators for UK business, with hundreds of jobs at risk

Newsdesk -
  The Body Shop, which runs more than 200 shops across the UK, has gone into administration just weeks after new owners took over operations...

Swiss insurer Helvetia expands into UK market

Newsdesk -
Helvetia Global Solutions has received confirmation from UK regulators that its authorization to underwrite non-life insurance business in the UK has been approved and...

Birmingham, UK’s second-largest city declares bankruptcy

Newsdesk -
Birmingham city council which serves more than 1 million people has declared itself "effectively bankrupt" amid “unprecedented financial challenges”. The council announced on Tuesday that...

Money printer De La Rue warns on profit amid falling cash demand

Walid -
British banknote maker De La Rue has warned that its profits will miss full-year forecasts as demand for cash is falling, reaching its weakest...

Metro Bank admits to £900m accounting error

Daniel -
The risk of catastrophic failure in the financial sector is far greater than many observers believe. In fact, Britain’s Metro Bank admits to making...

Britain strikes post-Brexit insurance deal with Switzerland

Harsh -
The United Kingdom and Switzerland have agreed on a deal that will allow the insurance sectors of both countries to trade freely with each...

BIBA unveils 2019 Manifesto – Risks & Opportunities

Harsh -
The British Insurance Brokers’ Association (BIBA) has just launched its 2019 manifesto – titled Risks & Opportunities – in the Houses of Parliament in...

Lloyd’s of London unmoved by released 9/11 hacks

Walid -
Lloyd’s of London is unmoved by the recent release of hacked documents relating to the 9/11 terrorist attacks of 2001. The insurer denies that its...

Brexit: Deal or no deal | Britain biggest gamble

Walid -
After 20 months of negotiations, the 27 European Union (EU) leaders finally agreed to the UK’s Brexit deal at last Sunday 25 November 2018...

Insurance Premium Tax upsurge hitting businesses hard

Walid -
The UK Government made nearly £6 billion in income from Insurance Premium Tax (IPT) for the year 2017/2018 – an increase of up to...
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Insurify rolls out ChatGPT Insurance App, fuelling AI disruption fears

Technology 0
Insurify has launched what it says is the insurance...

Verdi Union opposes Commerzbank’s potential cross-border merger, regardless of bidder nationality

Business 0
German trade union Verdi would oppose a cross-border merger...

Fitch revises France’s credit rating outlook to negative

France 0
Credit ratings agency Fitch has revised France’s outlook to...

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