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.

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Show us the money: MPs want Green to plug £571m hole in BHS pensions

June 16, 2016

Sir Philip Green must make a “generous” contribution to the BHS pension fund and provide more detail on profits taken from the retailer while it was under his ownership, according to two influential groups of MPs. The call from Iain Wright MP, chair of the Business, Innovation and Skills Committee, and Frank Field MP, chair of [...]
Tech titans rule 2016 with $268bn of M&A activity

June 15, 2016

Technology is leading the global mergers and acquisitions sector this year with $267.6bn worth of deals announced so far, according to new research by financial markets platform Dealogic. This is only the second time on record that technology deals accounted for the maximum number of M&A deals made in a year. The year 2000 saw [...]
City Moves for 15 June 2016 | Who’s switching jobs

June 15, 2016

JC Rathbone Associates Risk management consultancy JC Rathbone Associates (JCRA) has appointed Shripal Shah as director of real estate debt advisory. Shripal will join JCRA in August following 12 years at HSBC where he was head of real estate finance for the UK and the Middle East. At HSBC he was involved in number of [...]
Financial markets rocked as Leave campaign gains clout

June 15, 2016

Financial markets were rocked yesterday as referendum jitters wiped around £30bn off the value of the UK’s top companies and sent investors fleeing for safe havens. The FTSE 100 crashed below the 6,000 mark, ending the day at 5,923 – its lowest finish since 24 February. The blue-chip index has now lost six per cent – [...]
Twitter has invested $70m in music streaming service SoundCloud

June 14, 2016

Tech giant Twitter invested $70m in music streaming service SoundCloud earlier this year it has been revealed. The social media network bought the stake as part of a round that would value SoundCloud at about $700m, tech website Recode has reported. Twitter's newly returned CEO Jack Dorsey didn't reveal details of the deal but confirmed that the San Francisco-based company now owns a stake [...]
Block Volkswagen’s dividend plans, Pirc tells the carmaker’s shareholders

June 14, 2016

Investor advisory firm Pirc has advised shareholders in Volkswagen to reject its dividend plans. The body said the carmaker did not address "key weaknesses" within its governance structure including the "overlap of major shareholders and controlling functions, a remuneration structure excessively linked to sales, the absence of a whistle blowing system and an apparently inefficient [...]
City Moves for 14 June 2016 | Who’s switching jobs

June 14, 2016

First Names Group Trust, fund and corporate services provider, First Names Group, has appointed Teresa Lamy as its new chief HR officer. Teresa joins from TMF Group where she was global head of HR and was responsible for more than 120 offices operating in over 80 countries. Prior to this she was with Equity Trust, [...]
Microsoft’s LinkedIn deal is right connection

June 14, 2016

Microsoft's $26bn bid for LinkedIn is certainly punchy. The company founded by Bill Gates will pay $196 per share, a near 50 per cent premium on Friday's closing price. Analysts see the value in the deal. With the acquisition, Microsoft is delving deeper into the “world of work” according to Martin Garner of CCS Insight. [...]
The Sun backs Brexit, asks its readers to “beLEAVE in Britain”

June 13, 2016

In a major blow to Prime Minister David Cameron, The Sun has come out in favour of Brexit in the upcoming EU referendum. The newspaper's front page on Tuesday carries an editorial backing the Leave campaign: “We urge our readers to beLEAVE in Britain and vote to quit the EU on June 23”. The influential [...]
BAE Systems boss warns employees of uncertainty in the UK in stark Brexit warning

June 13, 2016

Defence and aerospace group BAE Systems has warned its staff of the risks of Britain leaving the EU. The company's CEO Ian King told employees in a note on the BAE Systems' internal website that Brexit would bring a "period of uncertainty", Sky News has reported. "From early on we have made clear our company view that remaining part of [...]

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By: Shruti Tripathi

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