Founded in 2008, Nexus specialises in niche classes of business, underwriting 15 speciality products on behalf of 23 different underwriting partners within lines of business which include financial lines, accident and health, property, marine, and cyber insurance.
Britain has suffered the biggest downgrade of economic growth projections by the International Monetary Fund for the world’s rich nations this year, prompting the finance ministry to renew its call for a smooth exit from the European Union
A report from umbrella body Bond has said Brexit could leave UK aid organisations with a funding shortfall of up to £317m. Civil society organisations in the UK receive the second highest level of aid funding from the EU – both grant and service contracts combined. When grant funding alone is considered, UK CSOs are the biggest...
PwC, in a wide-ranging and downbeat report on the prospects for the UK economy against the backdrop of Brexit negotiations, says the London property market has been most severely impacted by economic and policy uncertainty and the stamp duty changes.
Analysts Sonali Punhani, Peter Foley, and Neville Hill argue that while a recession is not hugely likely and does not represent the bank’s central scenario, there is as much as a 38% chance that a technical recession could be on the cards.
The European Region Airports Council International, which represents Heathrow, Gatwick, Manchester and 18 other UK airports has warned the Government that flights to Europe could be suspended should it fail to reach a deal on aviation post-Brexit. Earlier this year the ACI warned that the UK is risking 270,000 jobs and some €15.4billion a year if...
“Falling out of the Single Market without a comprehensive trade deal or adequate transitional arrangements would be catastrophic for many London businesses, as would the sudden loss of EU workers,” the Centre for London argues.
EasyJet is setting up an airline in Austria so it can continue to operate flights within the EU27 after the U.K. has left the EU, the London-based low cost carrier said today. The new airline, called easyJet Europe.