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...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
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...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
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...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...Addleshaw Goddard advised BT, while Herbert Smith Freehills counselled the buyer. Additional reporting by Jonathan Wheatley...
...“We are expecting a similar number of large transactions to close in the second half of the year,” L&G said....
...Under Shane Smith, Vice expanded into a new media empire. The Verge explores how it all came crashing down. Newsletters have been touted as the possible successor of newspapers....
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...In an updated prospectus, Birkenstock said that it would sell stock at between $44 and $49 per share, which would raise up to $1.6bn for the company and its private equity owner L Catterton....
...L&G’s shares fell more than 2 per cent following the news, against a broadly flat FTSE 100 index....
...The top five contributors to the fund’s performance last year were Meta Platforms, Microsoft, Novo Nordisk, L’Oréal and IDEXX Laboratories....
...In the restaurant is Justin Cogley, who won Best New Chef laurels from Food & Wine, American’s culinary bible, for his delicious work at Aubergine, the restaurant in Fink’s other hotel, L’Auberge Carmel....
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...Like bigger peers such as L&G, Just has a record pipeline of such deals in what is expected to be a record year for the market....
...Coton’s commanding planner and planter is Susie Pasley-Tyler, who has devised a superbly modulated range of colours and transformed the garden that her husband inherited from his mother, a keen gardener,...
...After all, as Anne L Murphy writes, these are qualities earned over centuries....
...“Encore de l’audace, toujours de l’audace!” as the French revolutionary Danton put it....
...Tier lll includes schools from BI Norwegian Business School, ranked 39th, to the University of Glasgow: Adam Smith, ranked 77th....
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...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 L&G chief described the UK as a “low-productivity, low-growth, low-wage economy fraught by political infighting and that has to change.”...
...David Hollingworth, associate director at L&C, said borrowers on tracker deals are likely to be reviewing their positions....
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