Lloyd’s chooses Brussels for EU base post Brexit
The council of Lloyd’s of London on Wednesday is understood to have ratified a decision by the Lloyd’s franchise board to locate its new eurozone subsidiary in Brussels, the same day the UK initiated the process of exiting the European Union. (Guardian)
Giant SWFs set to pledge £650m for Heathrow expansion
Giant sovereign wealth funds including Qatar Investment Authority, GIC of Singapore and state-backed China Investment Corporation are expected to pledge new investments worth £650m for London’s Heathrow airport. (Times)