Advertisement
UK markets close in 5 hours 57 minutes

  • FTSE 100

    8,107.86
    +29.00 (+0.36%)
     

  • FTSE 250

    19,833.43
    +231.45 (+1.18%)
     

  • AIM

    755.92
    +2.80 (+0.37%)
     

  • GBP/EUR

    1.1655
    -0.0001 (-0.01%)
     

  • GBP/USD

    1.2513
    +0.0003 (+0.02%)
     

  • Bitcoin GBP

    51,574.07
    +385.64 (+0.75%)
     

  • CMC Crypto 200

    1,390.70
    -5.84 (-0.42%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CRUDE OIL

    83.78
    +0.21 (+0.25%)
     

  • GOLD FUTURES

    2,362.60
    +20.10 (+0.86%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,040.34
    +123.06 (+0.69%)
     

  • CAC 40

    8,028.89
    +12.24 (+0.15%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

MOVES-Man Group says plans to appoint former BT chief as chairman

Reuters - UK Focus

LONDON, Dec 14 (Reuters) - British hedge fund Man Group (LSE: EMG.L - news) said on Monday it was appointing Ian Livingston, a former chief executive of BT and former British trade minister, as its chairman, subject to regulatory approval.

Livingston is a peer in the UK upper house of parliament, the House of Lords.

"Man Group notes the recent press speculation regarding the potential appointment of Lord Livingston of Parkhead as its new Chairman on the planned retirement of Mr Jon Aisbitt at the 2016 AGM," the company said in a statement.

"Man Group confirms that the potential appointment of Lord Livingston is currently subject to FCA (Financial Conduct Authority) review and that an announcement will be made when the process is complete."

Sky News reported on Sunday that Man Group, which sponsors the annual Booker literary award, was close to appointing Livingston.

(Reporting by Carolyn Cohn, editing by Sinead Cruise)