News

Lloyd's of London insurance has appointed its first ever female chief executive in its 325-year history, succeeding Richard Ward.

Lloyds Bank fined record £28m by FCA over toxic ‘sell or be demoted’ scheme

Sales staff under pressure to hit targets for bonuses or risk being demoted

The Business Matrix: Wednesday 11 December 2013

End of the road for VW Kombi vans

Brokers and underwriters line the balconies and escalators of the Lloyd's of London building in central London

Armistice Day 2013: Britons at home and abroad pay tribute

Estimated 4,000 people were in Trafalgar Square to observe the silence

Jim Armitage: Disaster warning for insurance market has a familiar ring about it

Outlook Who could ever imagine a repeat of the conditions behind the banking crisis? Surely we will never forget them: a wall of money seeking a home, low interest rates driving investors to ever more complicated assets in search of returns, a resulting downward pressure on prices as investors compete to buy without properly assessing the risk. And finally, disaster: losses on an unforseen scale.

Kyle Edmund shows off his winner’s plate at Roland Garros

Kyle Edmund heads for Queen's fresh from Roland Garros glory

A previously forgettable French Open for Britain ended in hope for the future. In the absence of the injured Andy Murray there were no victories for Britons in either the men's or women's singles competitions, but Kyle Edmund left Roland Garros on Saturday night as the first British champion there for 31 years.

Prettejohn to join the PRA's board

Insurance executive Nick Prettejohn has been appointed to the board of the Prudential Regulation Authority.

The Business Matrix: Saturday 20 April 2013

Levi's wins 'red tab' trademark case

Next man takes hot seat at easyJet

EasyJet has drafted in Next's John Barton to replace Sir Mike Rake as chairman at the budget airline in a move that should soothe the board's relations with founder Sir Stelios Haji-Ioannou. Sir Stelios repeatedly clashed with Sir Mike over aircraft orders and executive pay.

Lloyd's back in black but complains about European red tape

Richard Ward, the chief executive of Lloyd's of London, vented his frustration at the billions that insurers have spent complying with European red tape yesterday.

Anthony Hilton: Banks need their Hiscox, the man who salvaged the reputation of Lloyd's

Walking into the Savoy Ballroom on Wednesday for a dinner to mark Robert Hiscox's move from chairman to honorary president of the firm which bears his name, the man concerned delivered a typically robust greeting: "You are the only journalist here and you are not to write about it."

JLT chief hails the City's success

Forget bashing bankers – we should be heralding the success of London's insurance industry, the boss of Jardine Lloyd Thompson has said.

The Business Matrix: Saturday 9 February 2013

Boss reports 8% rise in earnings

The Business Matrix: Friday 8 February 2013

Battery rethink for Dreamliner

UK companies facing a $300m bill from Superstorm Sandy

Britain's insurance industry has been handed a bill for more than $300m (£185m) for losses caused by Superstorm Sandy at the end of October.

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Patrick Stewart in the classiest ice bucket to date
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peopleIggy Azalea was left red faced but apparently unhurt after taking a few too many steps backwards
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The current recommendation from Britain's Chief Medical Officer, is that people refrain from drinking on at least two days a week
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Life and Style
A nearly completed RoboThespian robot inside the Engineered Arts workshop is tested in Penryn, England. The Cornish company, operating from an industrial unit near Falmouth, is the world's only maker of commercially available life sized humanoid robots
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Customers can get their caffeine fix on the move
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Extras
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
All this talk of an ‘apocalyptic’ threat is simply childish

Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
Mafia Dons: is the Camorra in control of the Granite City?

Mafia Dons: is the Camorra in control of the Granite City?

So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Once the poor relation, the awards show now has the top stars and boasts the best drama
What happens to African migrants once they land in Italy during the summer?

What happens to migrants once they land in Italy?

Memphis Barker follows their trail through southern Europe
French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
Frank Mugisha: Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked

Frank Mugisha: 'Coming out was a gradual process '

Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked
Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

Radio 1’s new top ten

The ‘vloggers’ signed up to find twentysomething audience
David Abraham: Big ideas for the small screen

David Abraham: Big ideas for the small screen

A blistering attack on US influence on British television has lifted the savvy head of Channel 4 out of the shadows
Florence Knight's perfect picnic: Make the most of summer's last Bank Holiday weekend

Florence Knight's perfect picnic

Polpetto's head chef shares her favourite recipes from Iced Earl Grey tea to baked peaches, mascarpone & brown sugar meringues...
Horst P Horst: The fashion photography genius who inspired Madonna comes to the V&A

Horst P Horst comes to the V&A

The London's museum has delved into its archives to stage a far-reaching retrospective celebrating the photographer's six decades of creativity
Mark Hix recipes: Try our chef's summery soups for a real seasonal refresher

Mark Hix's summery soups

Soup isn’t just about comforting broths and steaming hot bowls...
Tim Sherwood column: 'It started as a three-horse race but turned into the Grand National'

Tim Sherwood column

I would have taken the Crystal Palace job if I’d been offered it soon after my interview... but the whole process dragged on so I had to pull out
Eden Hazard: Young, gifted... not yet perfect

Eden Hazard: Young, gifted... not yet perfect

Eden Hazard admits he is still below the level of Ronaldo and Messi but, after a breakthrough season, is ready to thrill Chelsea’s fans
Tim Howard: I’m an old dog. I don’t get too excited

Tim Howard: I’m an old dog. I don’t get too excited

The Everton and US goalkeeper was such a star at the World Cup that the President phoned to congratulate him... not that he knows what the fuss is all about
Match of the Day at 50: Show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition

Tom Peck on Match of the Day at 50

The show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition