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 SoftBank won “national interest” backing from Theresa May for its “game-changing” Arm takeover

November 7, 2016

Even the most devout follower of the London Stock Exchange’s RNS feed may have been confused by a statement issued by SoftBank last week. The Japanese lender published the number of staff employed by British tech giant Arm, a company it acquired in a £24bn mega-deal over the summer, as at 5 September. The figure, [...]
SoftBank confirms creation of 1,700 UK jobs as part of £24bn Arm takeover

November 3, 2016

Japan’s SoftBank will create more than 1,700 UK jobs at Cambridge-based electronic chip maker Arm following its £24bn takeover of the company. Under the terms of the deal, SoftBank will at least double the UK headcount of Arm within five years. Read more: UK tech investors are incredibly happy about Softbank's $100bn fund The Japanese lender [...]
Arm-SoftBank

November 3, 2016

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Mark Carney predicts more uncertainty on economy following Article 50 ruling

November 3, 2016

Bank of England governor Mark Carney has described today’s Article 50 ruling as another example of uncertainty around Brexit which is affecting the economy. The Bank’s Monetary Policy Committee (MPC) today held interest rates at 0.25 per cent as it revealed ramped-up inflation and near-term growth forecasts. Read more: Bank holds interest rates as inflation and [...]
Bank of England keeps interest rates flat – but says there are limits to how much above-target inflation can be tolerated

November 3, 2016

The Bank of England kept interest rates flat as it revealed ramped-up forecasts on inflation and growth today. But the the Monetary Policy Committee (MPC), which met yesterday and voted unanimously to keep rates at 0.25 per cent, has indicated “there are limits to the extent to which above-target inflation can be tolerated”. The increased [...]
Here’s why Facebook shares are down despite an impressive revenue rise

November 3, 2016

Facebook’s shares fell as much as six per cent in after-hours trading on Wednesday, despite the social media giant beating expectations with its latest results for the third quarter. Total revenue came in at $7bn (£5.7bn) – up 56 per cent year-on-year and ahead of Wall Street expectations of $6.9bn – with advertising making up [...]
Haka-lujah: New Zealand named world’s number one country for prosperity

November 3, 2016

New Zealand has been named as the world’s most prosperous country by a new report out today. The nation is followed by Norway, Finland, Switzerland and Canada in the 10th Legatum Prosperity Index. Read more: UK economy outstrips rest of Europe Yemen, Afghanistan, the Central African Republic, Sudan and the Democratic Republic of Congo came bottom in the [...]
Watch this space: UK jewellery chains put up for sale

November 2, 2016

The owner of some of the UK’s best-known jewellery chains has put them up for sale. Aurum Holdings, which is owned by US-based investment firm Apollo Global Management, has reportedly begun interviewing banks as it seeks to sell Goldsmiths, Mappin & Webb and Watches of Switzerland. Read more: Siran Manoukian on the inspiration for her [...]
Pensions Regulator steps up probe into Sir Philip Green

November 2, 2016

The Pensions Regulator (TPR) has tonight intensified its investigation into Sir Philip Green as it seeks to end the crisis engulfing the retirement scheme of collapsed retailer BHS. Lesley Titcomb, the head of the pensions watchdog, announced late on Wednesday that TPR is to escalate its enforcement action as it seeks redress for 20,000 BHS pension scheme [...]
German government told: Best outcome from Brexit negotiations is no Brexit

November 2, 2016

The German government has been advised that the best outcome from Brexit negotiations will be no Brexit. The Council of Economic Experts told Angela Merkel’s government that a UK exit from the EU would “not only mean an economic loss, but above all a bigger political mess”. The report said: “The best outcome of the [...]

Gucci sparks backlash with AI-generated ads ahead of fashion week

Manchester United: Ratcliffe’s cuts take club from red to black

What really makes a London members’ club work?

By: William Turvill

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