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Beazley accepts £8bn Zurich takeover offer


By Michael Griffiths

Beazley has accepted a takeover offer from Zurich which values the UK group at £8bn.

The speciality insurer had previously turned down a £7.7bn offer from Zurich last month, which it said “materially undervalued” both the company and its longer-term prospects


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GSK publishes ‘solid’ full-year results

GSK has described its full-year results as "solid" as its total sales jumped by 4% year-on-year to £32.7bn in 2025

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47% of corporate finance leaders to prioritise AI in next 18 months

Forty-seven per cent of finance teams within corporates will prioritise the adoption of artificial intelligence (AI) within the coming 18 months, according to a study by AccessPay

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Virgin Media O2 owners set to buy £2bn rival

Virgin Media O2’s owners are in advanced talks to buy UK-based broadband rival Netomnia, according to The Financial Times

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YouGov makes ‘continued progress’ in half-year results

YouGov has stated that it has made "continued progress" on revenue in its H1 results

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SSE forecasts 25/26 earnings dip

Energy company SSE has revealed it is expecting a dip in earnings for the 2025/26 financial year, citing a strong operational performance against mixed weather conditions

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NWF profits hit by weak fuel demand

NWF Group has reported a 57.1% annual drop in pre-tax profit to £900,000 in H1, as a result of suppressed market demand for both domestic heating oil and commercial gas oil

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Lloyds reports £6.7bn profit in 2025

Lloyds Bank has announced a 12% jump in pre-tax profit to £6.7bn in its latest annual results, ahead of previous analyst forecasts

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Santander UK closes 44 bank branches

Santander has confirmed it is closing 44 of its UK branches, putting 291 jobs at risk

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easyJet losses widen in Q1 results

easyJet has seen its loss before tax increase by 52% annually to £93m in Q1, as a result of its first winter operating investments in Italy and the time requirement for capacity investments to reach maturity

FitzWalter walks away from ATG acquisition

FitzWalter Capital has announced it does not intend to make an offer to acquire Auction Technology Group (ATG)
Ocado shares hit as Canadian partner closes fulfilment centre

Shares in Ocado have fallen by over 11% after its Canadian grocery partner, Sobeys, announced that it was to close a customer fulfilment centre (CFC) in Calgary
A.G. Barr acquires Fentimans and Frobishers

A.G. Barr has announced the acquisitions of soft drinks and mixers brand, Fentimans, and premium natural fruit juices and soft drinks company, Frobishers, for £38m and £13m, respectively


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