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City

Insurer LV= reveals £33m failed deal costs while boss handed £511,000 bonus

Mutual insurer LV= has revealed it forked out £33 million in costs for its ill-fated deal with Bain Capital while the group’s boss also landed more than £500,000 in bonuses despite the failed tie-up. Full-year figures from LV=, which was formerly ...

29 Mar 2022 at 13:25

City

LV= boss quitting seven months after failed sale to private equity firm

The boss of mutual life insurer LV=, who led the group’s ill-fated attempt to sell itself to a US private equity firm, is stepping down seven months after the deal failed. Mark Hartigan said he will stay on as interim chief executive until a ...

18 Jul 2022 at 16:15

Woman who made £500,000 fraudulent injury claim given suspended sentence

Woman who made £500,000 in injury claim fraud given suspended sentence

A woman who tried to claim nearly £500,000 by exaggerating her injuries before appearing to walk unaided on The Jeremy Kyle Show stage has been handed a suspended prison sentence. Patricia Rogers, 25, made a civil claim for damages after ...

10 Apr 2024 at 15:30

Rural road crashes more likely to be deadly, report says

Vehicle crashes on rural roads are around four times more likely to result in a fatality than those on urban highways, according to a new report. Insurer NFU Mutual said an average of one in every 31 collisions on rural roads in Britain ...

05 Dec 2023 at 00:01

UK to seal trade co-operation agreement with Texas

The UK is set to sign an agreement on closer trade co-operation with Texas as the Government continues to pursue state-level deals in the absence of a wider free trade agreement with the US. Trade Secretary Kemi Badenoch and Texas ...

13 Mar 2024 at 00:01

Countryside men ‘less likely to seek mental health support’

Men who live in the countryside are less likely to seek mental health support compared with men in the city, a new poll suggests. Samaritans said men in rural areas appear to be put off seeking help due to a perceived stigma ...

01 Mar 2022 at 01:25

More farmers seeking financial advice over inheritance tax changes, say experts

Financial and legal experts have reported seeing an increase in farmers seeking advice and support over the shake-up in inheritance tax. Some farmers have expressed concerns that younger generations may need to sell land or ...

19 Nov 2024 at 17:32

City

How will Nationwide’s swoop for Virgin Money impact the UK banking sector?

Nationwide Building Society has launched a proposed £2.9 billion takeover of smaller rival Virgin Money in a move that will create a UK lending giant. The move took the City by surprise and is set to catapult Nationwide ...

07 Mar 2024 at 12:25

UK seals trade co-operation agreement with Texas in ‘exciting moment’

The UK has signed an agreement on closer trade co-operation with Texas as the Government continues to pursue state-level deals in the absence of a wider free trade agreement with the US. Trade Secretary Kemi Badenoch ...

13 Mar 2024 at 16:50

Personal Finance

51% of people have financial regrets, survey finds

More than half (51%) of people have financial regrets – including some who wish they had married someone with more money, a survey has found. Among the people who said they had financial regrets, these include ...

26 Feb 2024 at 00:01

County Derry Post

Cost of rural crime in NI rises to £2.5m as criminal gangs target farms

In its 2023 Rural Crime Report, leading rural insurer NFU Mutual reveals that rural crime cost Northern Ireland £2.5m last year, a rise of 51% from 2021. The figure follows the UK trend as 2022 rural crime ...

08 Aug 2023 at 18:33

It would be ‘a tragedy’ if John Lewis ownership model changes, says former boss

It would be “a tragedy” if John Lewis changed its ownership model, a former boss has said. Reports last week suggested the company is considering ending its 100% staff-owned structure, with the ...

26 Mar 2023 at 13:15

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