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Saga (UK)
Saga is a British company focused on serving the needs of those aged 50 and over. It has 2.7 million customers. The company operates sites on the Kent and Sussex coast: Enbrook Park and Priory Square. It is listed on the London Stock Exchange. History The business was founded by Sidney De Haan in 1951 and was passed to his son Roger De Haan who took over in 1984 after his father's retirement. Saga was acquired by staff (20%) backed by the private equity firm Charterhouse in October 2004. Saga merged with The AA (owned by CVC and Permira) to form Acromas Holdings. In July 2011, Saga acquired Allied Healthcare. On 31 January 2015, it wrote it down to zero, and then sold it, at a small net profit, to Aurelius Group in December 2015. In May 2014, Saga Group Ltd was successfully listed on the London Stock Exchange as Saga PLC. Also in 2014, Saga acquired Bolton based luxury holiday company, Destinology. In January 2020, Saga appointed Euan Sutherland as CEO of the Saga Group. At ...
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Folkestone
Folkestone ( ) is a port town on the English Channel, in Kent, south-east England. The town lies on the southern edge of the North Downs at a valley between two cliffs. It was an important harbour and shipping port for most of the 19th and 20th centuries. There has been a settlement in this location since the Mesolithic era. A nunnery was founded by Eanswith, granddaughter of Æthelberht of Kent in the 7th century, who is still commemorated as part of the town's culture. During the 13th century it subsequently developed into a seaport and the harbour developed during the early 19th century to provide defence against a French invasion. Folkestone expanded further west after the arrival of the railway in 1843 as an elegant coastal resort, thanks to the investment of the Earl of Radnor under the urban plan of Decimus Burton. In its heyday - during the Edwardian era - Folkestone was considered the most fashionable resort of the time, visited by royalties - amongst them Queen Victo ...
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Times Newspapers Ltd
News Corp UK & Ireland Limited (trading as News UK, formerly News International and NI Group) is a British newspaper publisher, and a wholly owned subsidiary of the American mass media conglomerate News Corp. It is the current publisher of ''The Times'', ''The Sunday Times'', and '' The Sun'' newspapers; its former publications include the ''Today'', ''News of the World'', and ''The London Paper'' newspapers. Until June 2002, it was called News International plc.The Times Online Style Guide
– see entry for News International for change from plc to Ltd
On 31 May 2011, the company name was changed from News International Limited to NI Group Limited, and on 26 June 2013 to News UK.


History

Between 1987 and 1995, News International owned, through its subsidiary News (UK) Ltd, ''

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Financial Services Companies Established In 1951
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Companies Based In Kent
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Travel Insurance Companies
Travel is the movement of people between distant geographical locations. Travel can be done by foot, bicycle, automobile, train, boat, bus, airplane, ship or other means, with or without luggage, and can be one way or round trip. Travel can also include relatively short stays between successive movements, as in the case of tourism. Etymology The origin of the word "travel" is most likely lost to history. The term "travel" may originate from the Old French word ''travail'', which means 'work'. According to the Merriam-Webster dictionary, the first known use of the word ''travel'' was in the 14th century. It also states that the word comes from Middle English , (which means to torment, labor, strive, journey) and earlier from Old French (which means to work strenuously, toil). In English, people still occasionally use the words , which means struggle. According to Simon Winchester in his book ''The Best Travelers' Tales (2004)'', the words ''travel'' and ''travail'' bot ...
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Private Providers Of NHS Services
The private provision of NHS services has been controversial since at least 1990. Keep Our NHS Public, NHS Support Federation and other groups have campaigned against the threat of privatisation, largely in England. The 1997 Labour Party manifesto made a specific commitment to end the Conservatives’ internal market in health care, but in government they retained the split between purchasers and providers of healthcare. In 2000 the Labour Government agreed ''A Concordat with the Private and Voluntary Health Care Provider Sector'' with the Independent Healthcare Association. The intention was to increase capacity, particularly in elective care, where private provision was used to bring down waiting lists, in critical care, and in intermediate care facilities. This was followed, in April 2002,by the introduction of prospective payment with nationally set prices for acute, elective activity under ‘payment by results’. Under patient choice, patients could opt for treatment by a pr ...
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Nicholas Farrell
Nicholas C. Frost (born 1955), known professionally as Nicholas Farrell, is an English stage, film and television actor. Education Farrell was educated at Fryerns Grammar and Technical School in Basildon, Essex, followed by the University of Nottingham and the Bristol Old Vic Theatre School, alongside fellow pupil Daniel Day-Lewis. Life and career Farrell's early screen career included the role of Aubrey Montague in the 1981 film ''Chariots of Fire''. In 1983, he starred as Edmund Bertram in a television adaptation of the Jane Austen novel, ''Mansfield Park''. In 1984, he appeared in '' Greystoke: The Legend of Tarzan, Lord of the Apes'' and '' The Jewel in the Crown''. Since then, his film and television work has included several screen adaptations of Shakespeare's works, including Kenneth Branagh's 1996 ''Hamlet'', in which he played Horatio, a role he had played previously with Branagh for the Royal Shakespeare Company. He has also appeared in film adaptations of ''Twelf ...
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Paul Bach
Paul Bach (born Paul George Roger Bach on 13 November 1938 in Forest Gate in London – died on 18 September 2011) was a regional press journalist and editor, at one time the editor-in-chief of the Celtic Press group and group editor of the Stratford Express series of newspapers, and the founder-editor of ''Saga Magazine'', which, under his editorship, became for a time Britain's largest-circulation monthly magazine. Working life Straight from leaving school Bach went into journalism, working as a reporter on a local weekly newspaper. He went on to edit and work for several local and regional newspapers in various parts of England and Wales. While he was News Editor at the ''Merthyr Express'', the newspaper won the Hannen Swaffer award in 1967 for its coverage of the Aberfan disaster of 1966. In 1979 Bach began working for then family-owned Saga Holidays, joining the company as editor of ''Saga News''. He transformed it into the monthly ''Saga Magazine'', launched in 1984. As ...
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Saga Magazine
Saga is a British company focused on serving the needs of those aged 50 and over. It has 2.7 million customers. The company operates sites on the Kent and Sussex coast: Enbrook Park and Priory Square. It is listed on the London Stock Exchange. History The business was founded by Sidney De Haan in 1951 and was passed to his son Roger De Haan who took over in 1984 after his father's retirement. Saga was acquired by staff (20%) backed by the private equity firm Charterhouse in October 2004. Saga merged with The AA (owned by CVC and Permira) to form Acromas Holdings. In July 2011, Saga acquired Allied Healthcare. On 31 January 2015, it wrote it down to zero, and then sold it, at a small net profit, to Aurelius Group in December 2015. In May 2014, Saga Group Ltd was successfully listed on the London Stock Exchange as Saga PLC. Also in 2014, Saga acquired Bolton based luxury holiday company, Destinology. In January 2020, Saga appointed Euan Sutherland as CEO of the Saga Group. At ...
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Equity Release
Equity release is a means of retaining use of a house or other asset which has capital value, while also obtaining a lump sum or a steady stream of income, using the value of the asset. Pricing of no negative equity guarantee The UK Prudential Regulation Authority expressed concerns in 2018 that firms investing in ERMs should 'properly reflect' the cost of the no-negative-equity guarantee. Its consultation paper CP 13/18, published 2 July 2018, provided a benchmark for valuing the guarantee. The paper recommended modelling the guarantee as a series of put options expiring at each period in which cash flows could mature, weighted by the probability of mortality, morbidity and pre-payment, using a version of the Black–Scholes pricing formula. It recommended that the underlying price of the option should reflect the cost of deferred possession of the property, independent of any assumptions about future property growth, warning that many of the approaches presented to it im ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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