Aviva has agreed to buy Friends Life for £5.6bn in a deal that will create the UK's largest insurance, savings and asset management firm.
Shareholders in Friends Life are being offered 394p per share - roughly 8% more than what they are currently worth - if they support the deal. They would own about 26% of the enlarged group. Following...
Panel suggests FCA focus 'particularly' on sector in regulatory policy
Panellists discuss why UK income-seekers should consider the US
UK economy hits a seven-year low
Public Accounts committee criticised HMRC's lack of strategy
The chairman is struggling with a surprisingly long ‘to do' list