Hugh Osmond, the entrepreneur who made his first fortune floating Pizza Express, uses his latest investment vehicle to spend $855 million (£525 million) on a temporary power provider which he says could become just as successful... more
Corporate broker Numis wins another 10 FTSE 250 clients and its first FTSE 100 company as it is increasingly brought on board as joint adviser to listed companies... more
On Property: The banks will not be pleased by the result of an election whose result is hanging in the balance - and JPMorgan will be less happy than most... more
City comment: When asked what makes them most nervous about the next 12 months, most fund managers and businessmen come up with the same answer - the bursting of the Chinese bubble... more
Pearl Group, the outfit set up by Hugh Osmond to manage a closed book of insurance policies, is pushing for a full stock market listing in London next year ... more
Clive Cowdery, the zombie fund insurance guru who pocketed £150 million by selling Resolution Life to arch-rival Pearl in 2007, has been cleared of wrongdoing following an investigation by the Financial Services Authority ... 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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Alistair Darling's "soak the rich" Budget will hit London four times harder than the rest of the UK and leave high earners paying nearly £5billion in extra taxes, the Mayor's senior aides claim... more
The City was dubbing it the Battle of the Zombie Kings today after Hugh Osmond’s Pearl Group said it will float on the London stock market, following hard on the heels of his arch-rival Clive Cowdery, who floated his Resolution late last year... more
Clive Cowdery, the “zombie fund” insurance guru who made £150 million by selling Resolution Life to Pearl last year, is under investigation by the Financial Services Authority... more
The steady slide in the oil price may have been good news for motorists and business, but it has played havoc with the share price of BG Group, and City speculators claim this leaves the oil and gas explorer vulnerable to takeover.... more
PROFILE Maverick financier Clive Cowdery wants the troubles of Britain's second-tier lenders to be the catalyst for a new financial heavyweight. He's been here before... 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
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