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Experts have had their say on the appointment of Amber Rudd as Work and Pensions Secretary and spoke out about what her priorities should be.
Amber Rudd has returned to the cabinet as Work and Pensions Secretary following the resignation, over the Brexit deal, of Esther McVey on Thursday.
Platform and SIPP firm AJ Bell has confirmed plans for a float on the London Stock Exchange next month with the company valued at up to £500m.
Major shareholders Invesco Perpetual and chief executive Andy Bell will have an opportunity to sell down their stakes in the business while broadening the firm’s shareholder base.
Invesco currently has a 44 per cent stake which it is expected to sell down to around 25 per cent.
Mr Bell holds 28 per cent of the business and is expected to retain around a quarter.
AJ Bell says the float would enhance its brand, extend its shareholder group, assist in recruitment and incentivisation and help with its growth strategy.
Major shareholders Invesco Perpetual and chief executive Andy Bell will have an opportunity to sell down their stakes in the business while broadening the firm’s shareholder base.
Invesco currently has a 44 per cent stake which it is expected to sell down to around 25 per cent.
Mr Bell holds 28 per cent of the business and is expected to retain around a quarter.
AJ Bell says the float would enhance its brand, extend its shareholder group, assist in recruitment and incentivisation and help with its growth strategy.
Police have ended their investigation into STM chief executive Alan Kentish, who was arrested in Gibraltar in October 2017, with no further action.
Work and Pensions Secretary Esther McVey has quit the Cabinet over Prime minister Theresa May’s Brexit deal.
XPS Pensions Group has welcomed a proposed consultation from the Department for Work and Pensions (DWP) on DB pension scheme consolidation.
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