By: William Turvill

I write about M&A, deals, IPOs, private equity, asset management, media and a few other areas for City A.M. I also write news features and am always interested in interviewing and profiling high-profile business figures. I previously worked for Press Gazette and Mail Online.

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How financial services Goliaths can survive the threat of fintech Davids

May 11, 2016

Fintech disrupters versus traditional financial services incumbents. To some, this supposed rivalry resembles that of the battle where the smaller and more agile David slays the large and mighty Goliath. But is this necessarily the fate that lies ahead for the big banks? It’s easy to understand how this rivalry has been built up, with fintech [...]
Shareholders fault Disney despite Star Wars boost

May 10, 2016

Shares in Walt Disney dropped around six per cent in after-hours trading after the company missed analysts' expectations in its second fiscal quarter. The figures In the quarter ending 2 February, the company reported revenues of $12.97bn (£8.98bn), up four per cent year on year. Earnings per share (EPS), meanwhile, were up 11 per cent to $1.36. [...]
ITN boss calls for more BBC outsourcing ahead of crunch white paper

May 10, 2016

The BBC should use its “incredible position as a buying power” to boost outside TV production companies, the head of ITN has said. John Hardie told City A.M. programmes such as Newsnight should be put out to tender. His comments come ahead of Thursday’s publication of a new white paper setting out the next BBC [...]
Uber extends London service with wheelchair-accessible vehicles

May 10, 2016

Uber has launched its first wheelchair-accessible vehicles (WAV) option in London. Since 4pm today, wheelchair users have been able to request the vehicles through the new uberWAV option on the app. In its announcement, Uber said one in four Tube stations are wheelchair-accessible and the uberWAVs are on average 30 per cent cheaper than a black cab. Read more: Uber adds [...]
Channel 4 condemns government for “prolonged uncertainty” over privatisation

May 10, 2016

Channel 4's chairman has described the “prolonged uncertainty” around the potential privatisation of the broadcaster as “not helpful”. The government has been considering whether to sell off the channel since last summer. Reports today suggested a partial privatisation is now on the cards along with the channel being moved outside of London. Read more: Channel 4 posts record [...]
New EU referendum poll finds growing business support for Brexit

May 10, 2016

The EU referendum business vote has tightened, with growing support for a Brexit, a new survey suggests. The British Chambers of Commerce (BCC) found 54.1 per cent of more than 2,200 members who completed the survey said they would vote to remain in the EU and 37 per cent said they were backing an exit. Support for [...]
Eurosceptic MPs slam government’s £9.3m EU referendum “propaganda” leaflet

May 9, 2016

Eurosceptic MPs have slammed the government's decision to send leaflets to UK households to promote EU membership. A debate over the £9.3m leaflets was prompted after more than 200,000 signatures were added to an online petition called: “STOP CAMERON spending British taxpayers’ money on Pro-EU Referendum leaflets.” The debate lasted three hours and heard evidence [...]
Unruly founder crowned winner at Oscars for women in business… but beware the awards curse

May 9, 2016

Sarah Wood, the founder of Unruly, triumphed at last night's Veuve Clicquot Business Woman Awards. Touted as the Oscars for women in business, Wood fought off competition from Trainline chief Claire Gilmartin and British make-up artist and cosmetic firm founder Charlotte Tilbury to win the award. Cassandra Stavrou, founder and chief executive of Propercorn, meanwhile, [...]
George Osborne says Brexit would endanger “tens of thousands” of financial services jobs

May 9, 2016

George Osborne has warned “tens of thousands” of financial services jobs would be put at risk if the UK votes for a Brexit. Treasury analysis claims 285,000 jobs in the sector are linked to European Union financial services exports. And the chancellor said this evening that leaving the single market “would be catastrophic for jobs and [...]
Japanese and European investment banks agree merger to create global M&A advisory

May 9, 2016

A Japanese investment bank has agreed a merger with a European peer to create one of the world's largest listed M&A advisories. The combination of Japan's GCA Savvian and Altium creates a new international investment bank operating across ten countries, in cities such as London, Manchester, Tokyo, San Francisco, New York, Mumbai, Frankfurt and Tel Aviv. Read more: These two [...]

Starmer not told Mandelson was denied security clearance

Trump-hating Fifa World Cup fans should have costs paid if denied visa

The golden boy: What we can learn from the late Henry Kelly

By: William Turvill

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