Mark Kleinman: Industry steels itself for long road to recovery Business Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column Industry steels itself for long road to recovery Steel yourselves: I make no apology for returning for the umpteenth time in this column to the future of the UK’s beleaguered steel industry. More than five years since [...]
GB News loss widens despite revenue jump Media GB News has posted another loss-making year despite sharp growth in viewing figures, with the Paul Marshall-owned broadcaster now burning through some £120m since its launch in 2021. In new accounts filed for the year ending in May 2025, GB News said its loss amounted to just over £22m. That was smaller than in 2024, [...]
UK media giants join forces to curb AI’s use of their journalism Media Sky News has teamed up with the BBC, the Financial Times, the Guardian and the Daily Telegraph to form a new coalition aimed at setting industry standards for how AI uses news content. The group, under the name the Standards for Publisher Usage Rights coalition (SPUR), has been launched in response to growing concern that [...]
Mark Kleinman: South East Water’s excuses have run dry February 5, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column South East Water’s excuses have run dry How the water industry could do with the raising of a Mervyn King eyebrow. While governor of the Bank of England in 2012, Lord King defenestrated Bob Diamond as [...]
Mark Kleinman: Reeves’ ISA reforms pose more risk than reward January 22, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Reeves’ ISA reforms pose more risk than reward If it ain’t broke, don’t fix it. That sounds like the right epithet to apply to the Treasury’s approach to reforming individual savings accounts (ISAs), one of the [...]
Mark Kleinman: What’s in store for the Square Mile in 2026? January 8, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Not great, not awful: a fair summary of my corporate predictions for 2025. On the plus side, I was right to forecast a bid for ITV, or at least part of it, and correct that Thames [...]
Mark Kleinman: Corporates queue up for 2026 p(l)ay-date December 18, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Corporates queue up for 2026 p(l)ay-date Talk about being on the naughty step. For Anglo American, sealing its $60bn merger with Canada’s Teck Resources – and in the process putting well and truly paid to BHP’s [...]
Mark Kleinman: Out of the frying pan and into the furnace for UK steel December 4, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Out of the frying pan and into the furnace for UK steel Death knells and the British steel industry have made uncomfortably common bedfellows in recent years. All three of the country’s biggest steelworks – including [...]
Mark Kleinman: Can Osborne usher in a golden era for HSBC? November 20, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Can Osborne usher in a golden era for HSBC? George Osborne’s words to his Chinese audience were clear: “Through the ups and downs, let’s stick together. Let’s stick together to grow our economies. Let’s stick together to make [...]
Mark Kleinman: Ovo’s quest for cash needs fresh spark October 23, 2025 Ovo’s quest for cash needs fresh spark Talk about losing its spark. For Stephen Fitzpatrick, the 2020 acquisition of SSE’s retail energy supply arm was a defining moment – a daring swoop by Ovo, the upstart utility he had founded, for a principal member of the sector oligopoly. It’s been far from plain sailing since: [...]