Saga in talks to sell insurance underwriting arm to Australian group

Saga reveals ‘exclusive discussions’ with Australia’s Open over the sale of insurance underwriting arm Acromas Acromas currently underwrites between a quarter and 30% of Saga’s business  A potential sale would not stop Saga from offering home and vehicle insurance The company is seeking a disposal to reduce its massive £721million debt pile  By Harry Wise … Read more

Cevian cuts Aviva stake after insurer rewards investors

Activist hedge fund that targeted insurer Aviva slashes its holding after campaign to return more cash to shareholders pays off By John-Paul Ford Rojas, Financial Mail On Sunday Published: 21:51 GMT, 4 February 2023 | Updated: 12:39 GMT, 5 February 2023 ‘The Butcher’: Hedge fund boss Christer Gardell An activist hedge fund that targeted insurer … Read more

End of an era as AJ Bell founder misses first ever AGM

Fans of Andy Bell’s down-to-earth style will be disappointed when AJ Bell founder misses investment platform’s annual meeting for first time By Patrick Tooher, Financial Mail On Sunday Published: 21:50 GMT, 4 February 2023 | Updated: 12:36 GMT, 5 February 2023 Founder: Andy Bell Fans of Andy Bell’s down-to-earth style will be disappointed this week … Read more

Liv Garfield tipped for top job at Vodafone

Liv Garfield tipped for top job at Vodafone: Boss of one of UK’s largest water firms Severn Trent emerges as an outside candidate By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 January 2023 | Updated: 10:30 GMT, 23 January 2023 On the move?: Liv Garfield has headed Severn Trent since 2014 The boss … Read more

Britain’s first flying taxi plans lift-off for 2023 as it hovers on to secondary testing stage

Britain’s first Flying taxi plans lift-off for 2023 as it hovers on to secondary testing stage By Daily Mail City & Finance Reporter Published: 21:50 GMT, 26 December 2022 | Updated: 21:50 GMT, 26 December 2022 Britain’s first flying taxi will finally take to the skies next year as it moves to the next stage … Read more