Odey described as a ‘sex pest’ by former hedge fund chief executive, court told Legal Disgraced hedge fund manager Crispin Odey was called a “sex pest” and a “sociopath” by former Odey Asset Management chief executive, a court was told on Tuesday. Tim Pearey said in an interview with the Financial Conduct Authority: “I think he’s a sex pest I’m afraid… I think he’s got a real problem. “I think [...]
Financial Times lays off staff as chief executive warns of ‘need for change’ Media The Financial Times has completed a round of layoffs, City AM understands, as the London newspaper’s new chief executive told staff of “the need for change” as part of an internal restructuring. Around a dozen roles across the paper’s Product and Tech department have been axed following a consultation process, according to internal communications seen [...]
LSEG axes Financial Times subscriptions amid FTSE coverage retreat Media The operator of the London Stock Exchange has cancelled hundreds of corporate subscriptions to the Financial Times, City AM understands, in a move that could end a decades-long relationship between the two City institutions. LSEG is understood to have taken the decision in response to the paper’s gradual retreat from coverage of the London markets, [...]
Crispin Odey places gold investment firm into liquidation November 13, 2025 Disgraced financier Crispin Odey has placed a gold investment firm he controlled into liquidation, City AM can reveal. Tri-Star Resources, which owned a stake in an antimony and gold production facility in Oman known as SPMP, is to be wound up amid “serious concerns” over the viability of the project. Odey was the sole director [...]
The Capitalist: Sumo supertour, FT scheduling conflicts and 100 years of Thatcher October 16, 2025 Sumo takes London, 100 years of Thatcher and an FT scheduling blip; catch up on the latest gossip in The Capitalist.
The Capitalist: Tories disco through decline, trouble at Harper Collins and Mishcon’s ‘party from hell’ October 9, 2025 Tory Conference, chaos at Harper Collins and Mishcon de Reya's "party from hell"; catch up on the latest gossip in this week's The Capitalist.
Blavatnik investment in Dazn tops $7bn despite Surj stake sale October 8, 2025 Billionaire Sir Leonard Blavatnik has now invested more than $7bn into sports streaming platform Dazn, having injected an extra $600m in 2024. While revenues increased by more than $300m to over $3bn and losses narrowed from $1.4bn to $936m, according to the accounts filed with Companies House for the year ending 31 December 2024, the [...]
Jon Slade takes over the top job at the Financial Times July 1, 2025 Jon Slade today becomes chief executive of the Financial Times, stepping into the top job after two decades at the paper, and 30 years in the media industry. He is replacing long-serving chief executive John Ridding, who announced his decision to step down last year after almost 20 years in post and over three decades [...]
Labour business conference with Reeves and Reynolds postponed following low demand June 4, 2025 Labour has put its £5,000-a-ticket business conference with planned appearances from Rachel Reeves and Jonathan Reynolds on ice, with the Financial Times reporting low demand for the enterprise event. Invitations to the event, seen by the FT, had touted a “first of its kind” agenda which would give industry figures a “unique opportunity to engage [...]
Ofwat: Water regulator courts investors with refreshed PFI deals May 16, 2025 Ofwat is courting investors with plans to guarantee risk and minimise competition as it looks for more than £50bn to upgrade the water sector’s second-rate infrastructure. Private investors will have the “right to collect” revenue from customers, “opportunities for upside”, “capped liabilities” and “investment positive” support from the government, according to a briefing paper seen [...]