Dossier
Standard Life
Coverage of Standard Life in the Nexus archive.
- Burnham’s rise revives talk of war bonds to fund the UK military
Andy Burnham, Britain’s soon-to-be prime minister, proposes war bonds to fund the UK military, a concept previously dismissed by outgoing Prime Minister Keir Starmer. The idea, supported by Burnham’s adviser Andy Haldane and the Liberal Democrats, aims to attract public savings through patriotic appeal and tax incentives, with potential to raise £20 billion for defense.
- Aegon offloads 200-year-old UK business to Standard Life for £2bn
Aegon, a Dutch financial services group, has sold its 200-year-old UK business to Standard Life for £2bn, creating a pensions and savings group with 16 million customers and £480bn in assets. The deal enables Aegon to refocus on its US market, where it will rebrand as Transamerica.