Acquisition of Finovation and My Future Now by Legal & General Retail Retirement will support the UK firm’s retirement and defined-contribution pensions business.  Photograph: Alessia Pierdomenico

Irish financial services company Finovation has been acquired by Legal & General for an undisclosed sum. The company, which trades as My Future (...)

Few expect sterling’s respite to last for long. Photograph: Getty

Sterling bounced back a touch against the euro and the dollar on Wednesday after four days of steep losses. Most analysts see the rebound as temporar(...)

  Philip Green, whose retail empire faces a make-or-break vote on its future on Wednesday as it seeks approval for its restructuring plans, deciding the fate of 18,000 employees.   Photograph:   Isabel Infantes/PA Wire

Philip Green’s Arcadia fashion group has secured backing for a controversial restructuring plan after a meeting of creditors voted to approve it. The(...)

The proceeds from the deal will be reinvested in Legal & General’s growing core businesses.

Legal & General has agreed to sell its general insurance business to Allianz Holdings for £242 million (€274 million), the company has announced. (...)

Climate change activists stage a protest outside the HM Treasury building in central London, during environmental protests by the Extinction Rebellion group. Photograph: Daniel Leal-Olivas/AFP

Earlier this month, Bank of England governor Mark Carney and his French counterpart, Villeroy de Galhau, warned that limiting global temperature incre(...)

One structure being considered would see UBS hive off its asset-management unit and fold it into Deutsche’s DWS in exchange for shares in the larger group. Photograph: Kai Pfaffenbach/Reuters

The asset-management arms of Deutsche Bank and UBS are in serious talks to merge, according to people close to the discussions, in a deal that would c(...)

Actor Emma Thompson takes part in the Extinction Rebellion protest at Oxford Circus in London

Bank of England governor Mark Carney forged an unlikely – and no doubt unwitting – alliance with London’s climate change protesters this week: a warni(...)

Trium said it expects to create a handful of jobs initially but hopes to build the business in Dublin over time

London-headquartered alternative investment specialist Trium Capital has become the latest asset manager to establish a base in Dublin as it looks to (...)

Britain’s accounting watchdog will be dismantled and replaced by a new stronger regulator that can issue harsher penalties and directly intervene in how companies present their accounts. Photograph: Getty Images

Britain’s accounting watchdog will be dismantled and replaced by a new stronger regulator that can issue harsher penalties and directly intervene in h(...)

Strong results from Glenveagh Properties and comments from the home-maker that it got off to a “fast start” this year on the sales front lifted its stock 1.5 per cent

The Iseq index of Irish shares dipped on Wednesday as the market took a breather following a 17 per cent rally since late December, and investors gave(...)

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