By: Shruti Tripathi

I am City A.M.'s news editor. I love interviewing entrepreneurs, carrying out investigations through freedom of information requests and covering all the latest goings on in the world's great city, London. I started my career as an intern at LondonLovesBusiness.com in 2011 and became editor in 2015. I joined City A.M. as deputy night editor in July 2016.

All 463 Articles

Danish drug giant Novo Nordisk just invested $145m in Oxford University to find a cure for diabetes

January 30, 2017

One the world’s biggest diabetes drug companies has defied Brexit doom and gloom to invest £115m in a new research centre at Oxford University. Danish giant Novo Nordisk said it hopes the investment will help the university look for new ways to treat type 2 diabetes. The funding will be spread over the course of [...]
Enter The Dragon: Why China is snapping up British assets

January 30, 2017

What do Heathrow, Thames Water, black cabs, Harvey Nichols and Rio Tinto have in common? They’re all part-owned by Chinese companies. “Britain holds a number of attractions for Chinese investors,” says Simon Bevan, head of the China Britain services group at Grant Thornton UK. “As a country, our language, business culture, rule of law and [...]
Helena Morrissey joins Legal & General Investment Management as head of personal investing

January 30, 2017

Star City fund manager Helena Morrissey is set to join Legal & General Investment Management as its head of personal investing for its UK business. Morrissey was chief executive of Newton Investment Management for 15 years, before stepping down last August. She is also chair of the Investment Association and founded the 30% Club that [...]
Biotech giant backed by Sir Chris Evans set to float in London for up to £100m this year

January 29, 2017

UK healthcare giant Arix Bioscience, backed by bitoech entrepreneur Sir Chris Evans and City high fliers, is gearing up to float on the London Stock Exchange over the next couple of months, industry insiders have told City A.M. The company, which is headquartered in London, could raise up to £100m in its initial public offering this year. [...]
Competition watchdog could stop Tesco-Booker mega deal, claims retail body

January 29, 2017

The Competition and Markets Authority (CMA) could stop Tesco's proposed £3.7bn takeover of Budgens and Londis owner Booker, according to a retail body that represents 33,500 local shops. "The CMA could either stop or put conditions on the deal," James Lowman, chief executive of the Association of Convenience Stores told City A.M. "The deal was a [...]
A group of 111 former BHS staff are suing administrators over redundancy procedures

January 29, 2017

Over 100 former BHS employees have launched a claim against the retailer's administrators over their alleged failure to consult staff before they were made redundant. Lancashire-based JWK Solicitors are representing the 111 staff that worked at BHS' headquarters in London. They allege administrators did not consult staff for at least 45 days before making them redundant. Due in April, [...]
Green must protect BHS pensioners or risk facing MPs again, warns Frank Field

January 29, 2017

Pensions of former BHS workers must be protected under any deal struck by billionaire tycoon Sir Philip Green, chair of the Work and Pensions Committee Frank Field has said. Green, who sold BHS for £1 in March 2015 to serial bankrupt Dominic Chappell, is nearing a £350m deal to save pensions of ex-BHS workers, Sky News reported [...]
Spiralling IT costs to hit TSB’s profit this year despite stellar 2016

January 26, 2017

High street bank TSB is expecting a challenging 2017 despite its annual pre-tax profits growing by 169 per cent to £182m last year. The bank, which was spun out of Lloyds in 2013, expects “significant reduction” in profits this year due to the cost of using its former parent's IT platform. "At the moment, we rent our [...]
Who bought who? The biggest deals made so far this year revealed…

January 26, 2017

So this morning Johnson & Johnson bought Europe's biggest healthcare firm in a $31bn (£23.7bn) transaction in what was the biggest M&A deal announced so far in 2017. Which are the other big deals made this year? Dealogic has a handy list: 1. Actelion Acquiror: Johnson & Johnson Deal Value: $31.3bn 2. Luxottica Group SpA Acquiror: [...]
Johnson & Johnson to snap up Swiss biotech company Actelion for $30bn

January 26, 2017

Johnson & Johnson (J&J) is snapping up Europe's biggest biotech company Actelion in a $30bn (£23.7bn) deal. According to Dealogic, this is the biggest M&A deal announced so far in 2017 and the biggest acquisition on record by Johnson & Johnson. J&J, which is the world's biggest healthcare group, is also funding a new research and development company [...]

Itoje and Pollock can boost Britain’s soft power on global stage, MP says

£9bn World Cup too big to be derailed by Middle East conflict, says Fifa chief

Aboard the Celebrity Cruises ship with Gwyneth Paltrow partnership

By: Shruti Tripathi

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