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Boots UK Ltd
Boots offloads £4.8bn pension scheme to Legal & General
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
November 24, 2023
HTSIThe HTSI design special
Cameron Short and Janet Tristram’s school of block
...“The combination of texture, humour and the trompe l’oeil design ‘hanging’ with game honours old traditions… For Janet and Cameron, God really is in the details....
April 12, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
The Weekend Essay
AI keeps going wrong. What if it can’t be fixed?
...Others found that it spoke like an English tourist in Marbella: “Muchas gracias for your understanding, y I’ll ensure we’re being as crystal-clear como l’eau from now on.”...
April 6, 2024
Live news updates from June 22: Titan submersible passengers die in implosion, BoE lifts interest rate to 5%
Brokers warn of further pain for mortgage borrowers
...David Hollingworth, associate director at L&C, said borrowers on tracker deals are likely to be reviewing their positions....
June 22, 2023
Fund management
Fund industry braced for SEC crackdown on deceptive product labels
...When proposing the update last year, SEC chair Gary Gensler said that as a result of the industry’s development, “gaps in the current names rule may undermine investor protection”, with some funds claiming...
September 19, 2023
UK interest rates
UK mortgage borrowers face greater pain as BoE raises rates
...David Hollingworth, associate director at L&C, said: “I don’t think we’re out of the woods in terms of the movement in fixed rates at the moment.”...
June 22, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Free LunchMartin Sandbu
In AI, focus on technocrats not terminators Premium content
...[L]ying and manipulation, especially in our democratic processes, are problems we humans have been perfectly capable of causing without the need for AI . . ....
November 9, 2023
FirstFT
FirstFT: Markets struggle to interpret Powell’s message
...Related news: L’Oréal, the world’s biggest cosmetics maker, has suspended advertising spend on Twitter, as brands grow nervous that inappropriate content will spread on the platform under Musk’s ownership...
November 3, 2022
Due Diligence
‘Success fees’ and thirsty emails: inside a $90mn Twitter payout Premium content
...It’s another sign of the eye-watering prices buyers are willing to pay for top-shelf beauty brands, after L’Oréal shelled out $2.5bn for minimalist soap maker Aesop in April....
July 11, 2023
FT Alphaville
Further reading
...Car insurance magnate Sir Peter Wood is fronting the offer but the brains behind it is Gary Channon, of Phoenix Asset Management, who was parachuted into Dignity in April 2021 after leading a shareholder...
January 5, 2023
FT Asset Management
Asset Management: Cracks in European commercial real estate
...The chair of the US’s top markets regulator, Gary Gensler, told the Financial Times that taming risks from speculative funds was now “more important than ever”. Read more here....
April 17, 2023
Due Diligence
The private equity deal behind Murdoch’s $787.5mn loss Premium content
...Chief executive Gary Nagle said its current offer was not the “best and final”, addressing Teck shareholders directly for the first time....
April 20, 2023
The Aesthete
White House party planner Jung Lee talks taste
...The best book I’ve read in the past year is The Seat of the Soul by Gary Zukav....
April 21, 2023
News in-depthCompanies
Business trends, risks and people to watch in 2022
...CVC Capital Partners, L Catterton and Ardian are among those on the watchlist for possible future listings....
December 30, 2021
Film
Bette Davis at the BFI — the eyes have it
...But the best lines come from this loony bliss-out of a backstage theatre drama written and directed in 1950 by Joseph L Mankiewicz....
July 22, 2021
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Film
‘Mank’ and the screenwriters written out of film history
...Wilder co-wrote his screenplays with scribes such as Charles Brackett and I.A.L. Diamond, often in cantankerous relationships....
November 24, 2020
Moral Money
Corporate America is more talk than action on diversity pledges Premium content
...Gensler as SEC chair (MarketWatch) Clim8 pledges to fix “dysfunctional” ethical investment world with new app (Sifted) Climate change assuming central role in inst’l portfolios: report (FundFire) ESG...
April 16, 2021
Personal & Household Goods
Beauty brands face backlash on race
...Gary Thompson, a black UK beauty blogger who was the first man to feature in a L’Oréal cosmetics ad, said: “A few years ago make-up brands were really backward and really slow....
October 23, 2020
Due Diligence
The company under siege by God and activists Premium content
...K&L Gates has recruited Paul Eckles as a partner in the litigation and dispute resolution practice....
December 11, 2020
HTSI
Benefit of the grout: the fine art of tiling
...There are several UK-based artists of note too, not least Peter R Mason, Emma Biggs, Ed Chapman and Gary Drostle....
September 27, 2020
Due Diligence
The Deutsche Bank whistleblower down on his luck Premium content
...L’Oréal has appointed company veteran Nicolas Hieronimus as its next chief executive....
October 16, 2020
The Top LineTom Braithwaite
The week business waved goodbye to the V-shape recovery
...As Southwest Airlines chief Gary Kelly put it: “If it’s a V-shape recovery, well, we’ll all high-five each other and we’ll go buy some more airplanes....
May 1, 2020
Due Diligence
Can dealmaking save us from the zombiepocalypse? Premium content
...Former Trump adviser and Goldman Sachs president Gary Cohn joined forces with former KKR dealmaker Clifton Robbins to raise $600m through a blank cheque company. More here....
August 27, 2020
US retail
Macy’s, Gap and Kohl’s put thousands on leave
...Gary Muto, chief executive, said it was “one of the most difficult decisions we have ever had to make"....
March 30, 2020
UK holidays
The staycation safari
...“But we all call him Gary,” said Jeffery. “He just looked like a Gary when he was born.”...
July 17, 2020

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