View more on these topics

GT backs attempt at round-world flight

GT Global is sponsoring a £260,000 bid to fly around the world in 80 days in a Microlight plane – the smallest and lightest aircraft ever to make the attempt.

Pilots Brian Milton, 55, and Keith Reynolds, 45, will fly over hazardous regions including the Saudi Arabian desert and Greenland during the flight, set to take off in March.

GT Global chief executive officer Paul Loach says: "The round-the-world flight is a pioneering trip. It is a brilliant allegory for the kind of business that we are. It has elements of risk to it as any investment strategy does but a controlled risk. It is a calculated risk, it is a well-understood risk."


Murray Johnstone sets up third VCT

Glasgow-based fund manager Murray Johnstone is launching a new venture capital trust. The Murray VCT3 is the fund manager&#39s third venture capital launch since September 1995. It aims to provide investors with a diversified fund and hopes to offer attractive income tax and capital gains tax breaks. Murray Johnstone venture capital trust portfolios fund manager […]


Newsline reported the humiliating public dressing down given to Prudential by the Financial Services Authority over failings in its management and direct salesforce. Press *News# for the latest industry news.


News and expert analysis straight to your inbox

Sign up


    Leave a comment