LSE chief Xavier Rolet with City minister Simon Kirby and Chancellor Philip Hammond: Getty Images This casual ruling will cost the insurance industry, and ultimately its customers and big compensation payers like the NHS, billions of pounds. Meanwhile, returning to the merger, it seems the advisers also failed to understand how important the MTS platform is to the Italians, and instead talked dismissively of it contributing only a minor amount to the profits of the combined group. Knowing the price of everything is not enough; political risk means having an awareness of what people value. They would have been better off remembering how it was the prize asset that Borsa Italiana brought with it when it merged with London in 2007, and how uneasy the Italian government was at that time to see control go overseas, even when the Borsas partner was an organisation as respectable as London. With this background, you have to be pretty dense to think the Italian government would now stand idly by if, to satisfy EU competition concerns, its exchange was put on the auction block, where it might be sold to any rival trading platform who put in an offer. Now that the odds seem to be against the deal going ahead, perhaps we should ask whether it matters. Strategically, it does for the organisations concerned because they want to bulk up to withstand the competition from the US today and from China tomorrow, and it matters also for their big institutional customers, who want to deal on global exchanges. But what about the domestic constituency that has been largely left behind in the rush to globalisation? The move to ever-bigger exchanges has done little for them down the years. It is difficult to argue, for example, that the merger of the French, Dutch and Belgian exchanges to form Euronext two decades ago did anything for small local companies listed in those countries.

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Because this teams lacks weapons, they need to invest in the middle of the offensive line so Todd Gurley can bail them out, he has no chance of doing this if they keep the same offensive line intact. A veteran piece such asNick Mangoldwould be a nice one-year option in Los Angeles, although he would probably prefer to play for a contender. Their number one target should be Packers centerJ.C Tretter,who is one of the best centers in football. He was unlucky to lose his spot to Corey Linsley, but he is still a top tier center.Matt Paradisof the Denver Broncos is another potential target, as he did very well against the run for Gary Kubiak. Harry How/Getty Images Sport Harry How/Getty Images Sport Wide Reciever:The Rams receiving corps was the worst in football, as none of them really offered anything. They need to invest in this group, whether its in draft picks, or free agency dollars.Pierre Garconis being strongly linked as he was with McVay in Washington, and he would immediatelybecome the Rams best wideout. If the Rams want to seriously invest money, then they could probably tempt California nativeDeSean Jacksoninto joining the franchise, as he loved playing for Sean McVay. Potential low budget options for the Rams to fix this position includeWillie Snead, Cordarelle Patterson, Adam Thielen andTerrance Williams.All of these players offer something different, which is pivotal in a west coast offence. Offensive Guard:The Rams tackles were bad, but they were made to look a lot worse by the horrendous players inside. None of the Rams guards can run block, and that is something that has to be addressed. One in house move they could make, is to move draft bustGreg Robinsoninside, as he is clearly not an NFL standard tackle.

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