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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UK banks set for US meeting to iron out Iran trade concerns

May 9, 2016

Some of the biggest banks in the UK have been invited to meet US secretary of state John Kerry to discuss last year's lifting of economic sanctions on Iran. The British Bankers' Association (BBA) has circulated a note to members asking them to send senior representatives to a meeting with Kerry later this week. The [...]
Treasury Committee upset about being stood up by Vote Leave’s chief executive: “We’re all pretty grumpy”

May 9, 2016

MPs on the Treasury Committee launched an attack on the chief executive of Vote Leave this afternoon. Andrew Tyrie accused Matthew Elliott, chief executive of Vote Leave, of “mucking around” the parliamentary committee. He revealed the committee was “forced to summon you under a parliamentary order”, saying this was the first time he had seen such [...]
Mmm: Krispy Kreme share price rockets on news of $1.35bn takeover

May 9, 2016

The share price of Krispy Kreme Doughtnuts rocketed on Monday after the company treated investors to news of a takeover. JAB Beech has agreed to acquire Krispy Kreme for approximately $1.35bn (£936m), or $21 per share in cash. JAB is currently best known for its coffee businesses, including Keurig Green Mountain, which it acquired $13.9bn [...]
UK companies are increasingly worried about the economy – but want to do lots of M&A deals

May 9, 2016

UK businesses are increasingly pessimistic about the economy – but hungry to complete deals. A new EY study found confidence in the mergers and acquisitions (M&A) market has eased back on levels seen at the end of 2015, a record year for announced deals. But the 14th Global Capital Confidence Barometer found UK executives' M&A appetite [...]
Vote Leave uses leaked email to try and scotch claims Brexit would be bad for whisky

May 9, 2016

Just when you thought the icy relationship between the Remain and Leave campaigns couldn't spill any further onto the rocks, a new tussle over whisky has begun. Vote Leave, the campaign for a Brexit, has today published a leaked email in which the chief executive of the Scotch Whisky Association (SWA) criticises David Cameron's EU reforms [...]
Why banks should be offering more P2P and bitcoin services for SMEs

May 9, 2016

UK banks could generate £8.5bn in extra revenue by 2020 if they broaden their offerings for small and medium enterprises (SMEs), according to a new report. Accenture's SME Banking 2020 report found there is currently a “significant perception gap” between small businesses and banks. Banks are also facing “stiff competition” from fintech, and should be [...]
Police and protesters clash in Greece as politicians pass new austerity measures

May 8, 2016

Police and protesters clashed this evening before Greece's parliament passed a new austerity package. The tax and pension reforms will enable the country to receive more international bailout money. Some of the protesters outside the country's parliament in Athens threw petrol bombs at police, who responded with stun grenades and tear gas. Read more: Europe to Greece: You're [...]
Bank of England expected to issue more Brexit warnings this week

May 8, 2016

The Bank of England is expected this week to issue more warnings over the EU referendum. Governor Mark Carney has repeatedly cautioned over the potential impact over a so-called Brexit. And more warnings are on the cards this week, with the Bank publishing its inflation report on Thursday. Read more: Britain won't take a pounding if it goes [...]
Tidjane Thiam facing a second consecutive quarterly loss at Credit Suisse

May 8, 2016

Tidjane Thiam is set to come under more pressure this week when Credit Suisse reports its first-quarter results. Thiam took over as chief executive of the bank from insurance group Prudential last July. Since then, Credit Suisse's share price has plummeted by around 50 per cent to $14 (£9.70). [charts-share-price id="250"] Read more: Credit Suisse braces for bumpy road ahead The [...]
Why the EU referendum should not be used as a scapegoat to explain falling M&A activity

May 5, 2016

Barack Obama probably dealt with a wide array of important issues during his recent UK visit, but it’s doubtful anyone noticed. Only one subject dominated, and that was the US President’s views on Brexit. So loud is the discourse surrounding the EU referendum that, as was the case with President Obama’s visit, it threatens to [...]

Drinking in stands hailed as success as more clubs join WSL pilot scheme

Judge awards McLaren F1 team over $12m in Alex Palou trial

This Soho pub is putting on a ‘problematic’ show about a drunkard

By: William Turvill

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