Philip Lester

14 Added | 5 Magazines | 1 Following | @PhilipLester | Keep up with Philip Lester on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Philip Lester”

Announcement of organisational changes

A revised organisational structure will create strengthened Air, Maritime and Land sectors and remove management layers including the Platforms & …

UK arms dealers pocket $8bn profit from Saudi sales

UK arms dealers have netted $8bn in revenue from sales to Saudi Arabia since its Yemen intervention, which equates to just a $40m tax income, a War …

Qatar lifeline for 'troubled' BAE as Saudi Arabia deal stalls

As a Saudi follow-on order for Typhoon fighter jets failed to materialise this year, a Qatari order for these jets and Hawk trainer airplanes is …

BAE Systems to cut almost 2,000 jobs

<b>BAE Systems is planning to cut almost 2,000 jobs in military, maritime and intelligence services, the firm says.</b><p>A total of 750 posts will go at the Warton and Samlesbury plants in Lancashire where parts for the Eurofighter Typhoon are manufactured.<p>BAE is facing an order gap for the Typhoon so wants …

United Kingdom

BAE systems' new hybrid drones to 'revolutionise' warfare

GETTYExperts believe that the drones of the future are crossed between a helicopter and aeroplane<p>Engineers have unveiled ambitious an ambitious new …

We provide some of the world’s most advanced, technology-led defence, aerospace and security solutions and employ a skilled workforce of some 83,100 people in over 40 countries. Working with customers and local partners, we develop, engineer, manufacture and support products and systems to deliver military capability, protect national security and people and keep critical information and infrastructure secure.

Everything You Need to Know About Lloyd’s of London

Lloyd’s of London is one of oldest and best known insurance entities. Lloyd’s is not an insurance company, rather it is an insurance market that is …

City workers at Lloyd's of London banned from daytime drinking

Workers at the historic city institution Lloyd's of London have been banned from drinking during the day after around half of disciplinary cases were found to relate to alcohol.<p>The ban prohibits the insurance market's 800 employees from consuming alcohol between 9am and 5pm from Monday to …

Lloyd's of London faces $4.5bn hurricane bill after profits slide in first half

Lloyd's of London has warned that it faces a $4.5bn (£3.4bn) hit from hurricanes Harvey and Irma after unveiling a profit slide for the first half of the year - before the catastrophic storms had happened.<p>The world's biggest insurance market said its pre-tax profits for the six months to June 31, a …

Novae takeover leaves only three listed at Lloyd's

The biggest investor in Novae Group has hit out at the Lloyd’s of London firm’s deal with Axis Capital, saying the Bermuda-based company’s offer undervalues the specialist insurer.<p>Axis unveiled an agreed $604m (£468m) takeover of Novae today, in an effort to boost its presence in the Lloyd’s of …

London Stock Exchange

Lloyd’s of London insurers fall as analysts predict Hurricane Harvey bill

Shares in UK insurers' Lancashire Holdings, Hiscox and Beazley slipped on Tuesday after analysts warned they face tens of millions of pounds in losses on Hurricane Harvey.<p>The tropical storm, which has been the most powerful hurricane to strike Texas in more than 50 years with a year's worth of rain …

Hurricane Harvey