Has the software sector ever seemed so exciting? Today, whispers of a possible approach for Misys - a company whose ambition is "to be the world's best application software and services company" (stop yawning) - pushed the shares up 6.6p to 363.5p... more
The Government offered to emasculate the Independent Commission on Banking as it tried to strike a deal on bank bonuses a few weeks ago. I am told it backed off only when Sir John Vickers, chairman of the inquiry, and his entire committee, Clare Spottiswoode, Martin Taylor, Bill Winters and Martin Wolf threatened to resig... more
More than 800,000 customers of Aviva are to get a cheque in the post of between £214 and £1230 after the insurance giant concluded a deal to distribute excess cash in its life funds ... more
If Britain’s financial services industry is indeed under threat from the European Union’s “badly designed new controls which would needlessly undermine London’s competitive advantage”, as shadow chancellor George Osborne alleged in a speech this week, then really Britain has only itself to blame ... more
Hugh Osmond is mad as hell, and he isn’t going to take it any more. The pizza guy-turned-insurance entrepreneur is so enraged at the prospect of being taxed on his pay at 50% that he may flounce out of the country
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Insurance: One million customers of insurance giant Aviva who were looking forward to a windfall payout of £1000 have been warned the deal may be scrapped... more
Would you buy a used life policy, or even a new one, from this lot? The mugs at the top of our life assurance companies appear to have hardly a clue what they're doing... more
Sound check: German industrial metal band Rammstein literally play with fire in their live performances - and now they are about to unleash their singeing spectacle on London. Watch out for your eyebrows
Morning:
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