Catch up with the latest insurance and finance news in our weekly round-up…


Patisserie Valerie says finance chief arrested

Patisserie Valarie says its finance director Chris Marsh was arrested last night and then released on bail.

Allianz rebrands engineering business

Allianz has rebranded its engineering business as Allianz Engineering, Construction & Power and launched a suite of products for the renewable technologies sector.

Lloyds awards £30 billion investment contract to BlackRock

Lloyds Banking Group-owned Scottish Widows has awarded a 30 billion pounds investment contract to Blackrock, the world’s biggest asset manager.

UK’s financial sector told not to expect ‘bonfire of red tape’ post-Brexit

KPMG published a report last week predicting that financial regulation in the UK will get stricter after the country leaves the EU, regardless of whether a deal has been reached.

Mandatory ethnic pay reporting ‘to create a fairer and more diverse workforce’

Businesses could be forced to reveal their ethnicity pay gap after an audit last year showed disparities in pay and promotion opportunities of different ethnic groups.

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