Mark Kleinman: Out of the frying pan and into the furnace for UK steel Business 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? Business 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: Turning Telegraph page is painful reading for RedBird Business Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Turning Telegraph page is painful reading for RedBird Gerry Cardinale is not one to give up easily – or quietly. The RedBird Capital Partners principal is now in the third year – and umpteenth iteration – [...]
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: [...]
Mark Kleinman: Reeves heads outside in hunt for new banking watchdog October 9, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Reeves heads outside in hunt for new banking watchdog File it under ‘Rachel Reeves’s headaches’. A search for Britain’s top banking regulator is about to get underway, and the word in Whitehall is that the chancellor [...]
Mark Kleinman: Investor row is a Curve-ball for Lloyds deal September 25, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Investor row is a Curve-ball for Lloyds deal Talk about a messy divorce. For investors in Curve, the digital wallet provider founded a decade ago, its impending sale to Lloyds Banking Group, Britain’s biggest high street [...]
Mark Kleinman: City would sour on Reeves after bank tax September 11, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week he tackles what a bank tax would do to Reeves’ hard-earned City cache, a top pick for the new HSBC chair, and Oaknorth’s potential move abroad Will she or won’t she? The question of [...]
Mark Kleinman: Gupta steeled for high-wire act to end without Liberty August 28, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Gupta steeled for high-wire act to end without Liberty It’s crunch time – again. For Sanjeev Gupta, brushes with insolvency are nothing new. The steel tycoon has turned the process of snatching victory from the jaws of [...]
Mark Kleinman: Thames Water’s fate now sounds like a dripping timebomb August 14, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Thames Water’s fate now sounds like a dripping timebomb There are few more irritating sounds than that of a dripping tap you cannot fix. That, writ large, is the headache facing the Labour government as it [...]
Mark Kleinman: Un-Wise handling of US listing move July 31, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Wise fails its name in handling of US listing move If only Wise was as smooth at transferring its stock market listing as it is moving its customers’ money. The company founded by Taavet Hinrikus and [...]
