News

Britain's ageing population and changes to workplace pensions proved lucrative for Resolution during the first half of the year.

Trescothick keeps Sabres in double hunt

Somerset completed a convincing 95-run victory over Essex in their Clydesdale Bank 40 semi-final at Taunton on Saturday to keep alive their hopes of a double-winning season.

Resolution flags interest in Aviva amid insurance sector shake-up

Resolution indicated yesterday that it might consider buying parts of Aviva if the giant insurer sold its main non-life operations to RSA.

Somerset keep eyes on prize despite draw

Hampshire 284 & 224-4 Somerset 412 <i>(Match drawn)</i>

County Championship round-up: Trescothick falls but rejuvenated Somerset keep marching on

Somerset survived the loss of Marcus Trescothick to the second ball he faced to make it seven wins out of seven in the Clydesdale Bank 40 with a three-wicket victory over the Unicorns at Exmouth yesterday.

Kieswetter takes advantage of Steelbacks' folly

Northamptonshire 112-6 Somerset 115-3 <i>(Somerset win by 7 wickets)</i>

Adams hopes fresh approach can lead to T20 Finals Day

Tournament's top scorer can inspire Hampshire to beat odds at Edgbaston today as quarter-finals get underway

Northants stroll onward after Durham flop

If the organisers of the Friends Provident t20 had expected a thrilling final round of the group stages yesterday, they would have been disappointed. With six of the eight quarter-final places already filled there was categorically not everything to play for but even those final two slots were filled by the sides in possession at the start of the day, Northamptonshire in the north group and Hampshire in the south. It was a flat finale to what has been a deeply uninspiring campaign.

The business on: Christopher Flowers, Founder, JC Flowers

He's the chap buying that building society, right?

Kent could sign &#163;50m deal with private equity firm tomorrow

The Kent Reliance Building Society is set to sign a £50m deal with the private equity investor JC Flowers to create a new building society consolidation vehicle as soon as tomorrow. The deal will see the creation of a new holding company 51 per cent owned by Kent and 49 per cent owned by JC Flowers.

The Business On... John Tiner, Chief Executive, Resolution

So why's he in the news?

Resolution to double its insurance operations

Resolution's chief executive, John Tiner, said he planned to nearly double the size of the company's insurance operations after sealing the £2.75bn purchase of French giant AXA's UK operations.

No escape for the rich from Conservative cuts

Having been the target of the final two Labour budgets, many higher earners may be dismayed to be back in the sights, particularly of a Conservative Chancellor. But those on above-average incomes will nevertheless be counting the cost of Budget day.

Lions tamed after batting collapse

Sussex Sharks consolidated their position at the top of the Friends Provident Twenty20 South Division with a comfortable victory over Surrey Lions at The Oval yesterday.

On the Front Foot: Championship for Tests is top idea while it's Howard's way to win votes

Amid less fanfare than that generated by a vuvuzela, the International Cricket Council are putting the finishing touches to the agenda for their annual convention. There is important business at hand. The gathering is being held in Singapore rather than London, which is always the first choice in these matters. The tricky items on the agenda will be the candidacy for vice-president (and thence president) of John Howard, the former Prime Minister of Australia, which has already failed once to gain assent. If it falls again it spells trouble for the ICC because India will be at the head of his opponents. It is too close to call but Howard has a history of winning elections. Of much more direct importance is the introduction of the Test match championship. In future, should the delegates agree, this could be held every four years. It will involve the four leading teams in the rankings and is a cracking idea. Unfortunately for England, were it to be held this year, they would not be part of it, being at present fifth. The intention is to have a (more compact) World Cup every four years with a World Twenty20 involving more teams biennially. It sounds at last as if the cricket authorities have emerged with something not only workable but supportable and durable. First, the delegates have to agree, of course. And then there is the niggling matter of the 2011 World Cup with its 14 teams and 42 days in 13 cities. That may take a while from which to recover, longer to forgive.

Shahzad is called in for Sidebottom

Ajmal Shahzad has been added to the England one-day squad as cover for Ryan Sidebottom, who has suffered a hamstring strain.

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