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Barclays fundraising 'about saving jobs'

Barclays fundraising 'about saving jobs'

Former Barclays boss Bob Diamond wanted to raise funds privately in the financial crisis to preserve his own job, a court has heard. Mr Diamond reportedly told a meeting "This is all about saving jobs - mine and John's", referring to then...

BBC, 5 March 2019
 
Morgan family sells control to venture capitalist group

Morgan family sells control to venture capitalist group

British sports car maker Morgan is to be sold to an Italian venture capitalist firm. InvestIndustrial will take a majority stake for an undisclosed amount. The Morgan family, which has owned the company for 110 years, will retain a minority...

BBC, 5 March 2019
 
High times: 76 tall buildings to join London's skyline in 2019

High times: 76 tall buildings to join London's skyline in 2019

London’s skyline continues to head upwards, with a record 76 tall buildings due to be completed this year, a three-fold increase from 2018. The number of tall towers – more than 20 storeys high – planned or under construction has also hit a new record...

Guardian, 5 March 2019
 

Sure Thing manoeuvres into car insurance market

Lanarkshire broker Sure Thing Insurance Services is eyeing “significant” growth following the launch of its own managing general agent (MGA). The MGA, which will be known as Stabilis, will provide insurance policies exclusively through the broker,...

Scotsman, 5 March 2019
 

No-deal Brexit may force BMW to pull Mini production out of UK

BMW has warned that it could halt production at its Mini facility in Cowley, Oxford, if Britain leaves the European Union without a deal.  Peter Schwarzenbauer, head of BMW sub brands Mini and Rolls-Royce, told Sky News that a no-deal Brexit would be...

The Week, 5 March 2019
 


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