The transaction will represent LCCG’s first acquisition in the UK and is expected to form the platform for further acquisitions in the UK.

Markets, commentators and investors have been turning somersaults trying to come to terms with the implications of the Trump Presidency. They had better get used to doing so as the new President is busy tearing up the rulebooks, especially the one entitled global trade.

This week, there were a wide range of trend publications. Beazley Breach Insights reported that ransomware attacks quadrupled in 2016.

Life insurer Zurich is set to cut 240 jobs in the UK as part of its ongoing business restructure.

British insurance giant Aviva has agreed to sell two thirds of its Hong Kong life business to Chinese tech firm Tencent and private equity firm Hillhouse Capital in a deal that will see the unit transform into a digital insurer.

The recent appearance of Bank of England governor Mark Carney before the Treasury Select Committee cast some long shadows over the value of economic forecasts, even those from central banks.