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...Good hair and a lofty valuation: a rare stumble poses the question, is L’Oréal worth it? Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...Wilson has restored to Helen that power. Helen wanted us to know she had the face of a dog, every translator that chose “bitch” overwrote her....
...Helen ThomasHead of Lex...
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...On the same day, L&G chief executive Sir Nigel Wilson decried the “perpetual drift” of companies away from London’s stock market, attributing it in part to a decline in equity holdings among pension funds...
...As L&G takes on liabilities, it creates assets to back them. Homebuilding has been a key aspect of Wilson’s tenure. L&G had acquired or built almost 1,000 affordable homes by the end of 2022....
...helen.thomas@ft.com Letter in response to this column: LSE reforms — a ‘loathed proxy adviser’ speaks out / From Sarah Wilson, Chief Executive, Minerva Analytics, Witham, Essex, UK...
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...Tom Wilson in London...
...Under Wilson, it has focused on “inclusive capitalism”, funding long-term assets such as housing developments and infrastructure....
...L&G’s latest Rebuilding Britain Index has found that attempts to “level up” UK regions are failing or stalling and that, in many cases, inequalities have widened....
...The fund’s other top holdings include Microsoft, L’Oréal, and luxury goods company LVMH....
...The mythological Helen of Troy maligns herself with this odd turn of phrase in Emily Wilson’s new translation of Homer’s Iliad....
...“This is just psychologically very reassuring to the industry,” said Theodore Paradise, a partner at the K&L Gates law firm, adding that the contracts will go a “long way to encouraging the sector and sending...
...Bonus points for the perfect French omelette at its restaurant, Brasserie l’Émil. An 11/10 recommend....
...The scoreline “love” is believed to come from the French word l’oeuf for egg, which resembles a zero....
...Wilson cited efforts by L&G to help 600 start-ups in its portfolio to expand. “We want to scale up a lot of those and we want those to be FTSE constituents in years ahead,” he said....
...L&G said the process to find a successor could take about a year, noting that Wilson will continue as chief executive until a replacement is found....
...Sir Nigel Wilson, chief executive of L&G, said that meeting the UK’s housing needs required “national and local collaboration coupled with modernisation of planning and construction, improvements to funding...
...“You can’t be nude [in public], but you can wear costumes with trompe l’oeil body parts,” she says. “Absurd! Here, I’ll show you.”...
...When I ask Mount Anvil, co-developers with L&Q, how they alighted on the name, they do not offer comment....
...before the FT broke the news that BP’s chief executive, Bernard Looney, was resigning after a number of unreported relationships with colleagues, Paul Murphy, the FT’s investigations editor, waved over Tom Wilson...
...He and chief executive Sir Nigel Wilson were answering questions on the episode from the House of Lords’ industry and regulatory committee....
...“HR is not the country cousin it used to be,” said Denise Wilson, CEO of the FTSE Women Leaders Review....
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