On the up: Legal & General
Sunday 05 September 1999
NatWest, which has 1,730 branches in the UK and six million personal customers, would be buying a life and pension provider which owns a bank and an asset management business. L&G would bring NatWest pounds 93.6bn in managed funds and expand its financial products. It may also help NatWest compete with rivals such as Lloyds TSB Group, which paid pounds 7bn for Scottish Widows Fund & Life Assurance Society in July. Founded in 1836 to serve lawyers, L&G trades at 48 times earnings, making it the most expensive life insurer.
Apple's Tim Cook: Business isn’t just about making profit
Thousands of young people forced to go without food after benefits wrongly stopped under 'draconian' new sanctions regime
Ukraine crisis: New navy chief 'defects' and surrenders Crimean HQ as Putin claims ultranationalists forced intervention
Britain's top vet sparks controversy with call for ban on slashing animals' throats in 'ritual' slaughters for halal and kosher meat products
Ukraine crisis: Russia dismisses '3am ultimatum' as 'total nonsense'
If you're horrified by a flame-roasted dog, you should be shocked at a hog roast
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- 2 South African rhino finally put down after roaming Kruger park for days with horn hacked off and bullet in brain
- 3 Italian pensioner hires an escort who turns out to be his son's girlfriend
- 4 Orgasm machine to deliver climax at the push of a button
- 5 Liam Neeson turned down James Bond role to marry Natasha Richardson
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