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RSA finance chief poached by Lloyds Banking Group

21/11/2011

RSA plc have announced that George Culmer has resigned to take up the position of Group Finance Director of Lloyds Banking Group plc.


 

Pearson to acquire Global Education in China for $155m

21/11/2011

Pearson, the world’s leading learning company, is today announcing that it has agreed to acquire Global Education and Technology Group, a leading provider of test preparation services for students in China who are learning English.


 

Chancellor announces new financial restrictions against Iran

21/11/2011

The Government has imposed tough new financial restrictions against Iran which cut off all financial ties with Iranian banks.


 

Mitie profits surge as companies look to outsource

21/11/2011

Mitie (LSE: MTO) have delivered a 17.3% surge in pre-tax profits since 2010 off the back of a 5.8% growth in revenue, the company’s half year results show.


 

Lloyds outline contingency plans to cover Horta-Osorio's sickness

21/11/2011

Contingency plans for Lloyds Banking Group have been drawn up following the possible extension of sick leave by chief executive Antonio Horta-Osorio.


 

Manchester City record all time record losses

18/11/2011

Premier League pace setters Manchester City have reported an annual loss of £194.9 million for 2010-11, the biggest in English football history.


 

Aviva price $400m US public offering

18/11/2011

Aviva plc (LSE: AV; NYSE:AV) today (Friday) announced that it has priced a public offering of $400 million of 8.25% Capital Securities, or Notes, due 2041 in the US market.


 

Acquisitions preserve revenue growth at Capita

18/11/2011

Capita outsourcing (LSE: CPI) is having a ‘successful’ year, winning new contracts that have seen a 7%% growth in revenue, the company’s 10-month interim statement reports.


 

Financial advisors optimistic post-Retail Distribution Review

17/11/2011

89% of Independent Financial Advisors are optimistic about the future, with just 4% reportedly likely to leave the marked by 2013, Aviva research suggests.


 

Northern Rock sold to Virgin Money

17/11/2011

The publicly-owned Northern Rock has been sold to Virgin Money in a £747m deal that will lead to increased competition in the banking centre.