ROYAL LONDON, THE UK's largest mutual life insurer, is in talks about a takeover of Royal Liver, its smaller rival, reports The Times.
Royal London is understood to have approached Royal Liver, Britain’s second largest friendly society, in the last few weeks. Though the talks are at a relatively early stage, Royal Liver is believed to have sent letters over the weekend outlining the discussions to more than 200 delegates who represent its 1.7 million members. The two sides are expected to brief staff about the talks this morning. THE BANK OF England's embarrassingly public failure to keep inflation at 3 per cent or lower can be traced back to its own decision to cut interest rates two and a half years ago, a leading ...
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