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07.07.26 - 08:30
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UK house prices rise in June despite ′wider economic uncertainty′ – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsGood morning and welcome to our rolling coverage of business, the financial markets and the world economy.UK house prices nudged up 0.2% in June compared with the month prior, according to new figures from the lender Lloyds.Recent price trends continue to reflect wider economic uncertainty, including the impact of global events on inflation and interest rate expectations. While affordability remains stretched for many buyers, mortgage rates have eased from their recent highs, offering some encouragement to those considering a move.While latest industry data shows the number of new mortgage approvals dropped in May, this wasn't unexpected given the spike in rates seen earlier this year, and we'd expect to see activity recover assuming borrowing costs continue to fall.7am BST: Lloyds house prices for June9.30am BST: Fiscal risks and sustainability report from the Office for Budget Responsibility10.30am BST: Bank of England Financial Stability repor...
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06.07.26 - 22:42
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ANV Completes Acquisition of Iris Insurance Brokers (Business Wire)
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Acquisition strengthens ANV's UK distribution and adds a UK MGA incubator platform that complements ANV LaunchPad in the USNEW YORK--(BUSINESS WIRE)--ANV Group Holdings Ltd. ("ANV" or the "Company"), a global insurance intermediary platform, has completed the acquisition of Iris Insurance Brokers Ltd. ("Iris"), a London-headquartered specialty insurance distribution platform. The transaction, originally announced in March 2026, has received all required regulatory approvals.
Iris operates through three segments: a Lloyd's wholesale brokerage, Blink Intermediary Solutions, and Vivid Underwriters. Together, they give ANV scaled wholesale and retail distribution across the U.K., direct access to Lloyd's specialty capacity, and a UK-based MGA incubator in Vivid that is highly complementary to ANV LaunchPad, the Company's US-based incubator launched in May 2026.
"Closing the Iris transaction marks an important step in scaling ANV's UK platform," said Adam Karkowsky,...
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01.07.26 - 13:12
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Halifax to disappear from UK high street as Lloyds axes bank brand after 173 years (The Guardian)
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Group confirms it will stop opening new accounts under the name and move existing ones to LloydsLloyds Banking Group has announced it is axing the Halifax brand, meaning the 173-year-old former building society's name will disappear from UK high streets.The group will stop opening new accounts under the Halifax brand, and kickstart a process of shifting existing accounts to Lloyds branding over the coming days. Continue reading......
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25.06.26 - 22:21
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W. R. Berkley Corporation Names John Enright President of Berkley Specialty London (Business Wire)
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GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of John Enright as president of Berkley Specialty London and chief executive officer of W. R. Berkley Syndicate Management Limited, the Lloyd's managing agent for W. R. Berkley Syndicate 1967, effective July 1, 2026, subject to regulatory approval. He succeeds James Hastings, who will continue to serve in a corporate role at Berkley and support the transition.
Mr. Enright has nearly 20 years of experience in the insurance industry across strategy, operations, finance, and technology with a particular focus on the London and international markets. Most recently, he served as Berkley Specialty London's chief operating officer.
W. Robert Berkley, Jr., chairman, president and chief executive officer of W. R. Berkley Corporation, commented on the appointment, "John is a proven executive with deep expertise in the London and international markets, who is well-suited to lead the talented team at Berkley Spe...
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20.06.26 - 13:06
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Lloyds Banking Group to hire 300 tech experts to work on AI (The Guardian)
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Exclusive: While recruits will increase headcount for now, broader adoption of AI could lead to jobs cuts in futureLloyds Banking Group has launched an AI recruitment drive for 300 tech experts, weeks before its chief executive, Charlie Nunn, unveils a strategic plan for the 261-year old lender.The bank said it intended the recruits to work on its use and development of agentic AI by September, referring to autonomous artificial intelligence models that can plan and execute tasks with minimal human oversight. Continue reading......
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15.06.26 - 19:00
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Lloyds (LYG) Could Be a Great Choice (Zacks)
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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lloyds (LYG) have what it takes? Let's find out....
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14.06.26 - 08:12
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′I should know better′: tech expert lost £70,000 in one simple phone call (The Guardian)
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After falling for a scam call, 'The Tech Chap' host Tom Honeyands realised he'd given away vital details in social media postsWhen Tom Honeyands realised he had been defrauded out of £70,000 he was furious and embarrassed – and left wondering if he had given away too many details on his social media vidoes.Honeyands was on a work trip to Tokyo when he got a call from someone claiming to be from Lloyds bank. The caller asked if he had made a recent transaction in Singapore and when he said no, the scammer said his account had been compromised and that security details needed to be reset. Continue reading......
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