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.

All 1412 Articles

Neil Woodford-backed P2P lender RateSetter reports loss as it seeks sustainable future

September 19, 2016

Peer-to-peer (P2P) lender RateSetter, which is backed by fund manager Neil Woodford, has reported a revenue rise of nearly 50 per cent to £18.5m in its 2015/16 accounts. The figures The company said the results, which reported a £4.9m pre-tax loss compared with a profit of £476,000 the year before, are in line with expectations set [...]
Central banks have been “overburdened for far too long” by markets, says Bank for International Settlements

September 18, 2016

Recent financial market events have demonstrated how dependent they have become on central banks, the Bank for International Settlements (BIS) has said. And central banks have been “overburdened for far too long”, said Claudio Borio, head of BIS’ monetary and economic department. “Developments in the period under review have highlighted once more just how dependent on central [...]
Hollywood Bowl float expected to kick off strong period for London IPO market

September 18, 2016

Hollywood Bowl is set to float on the London Stock Exchange (LSE) this week, kicking off what is set to be an active post-summer period for the market in initial public offerings (IPOs). “If the markets hold up, then I think we’re going to be very busy,” Mark Austin, a capital markets partner at law firm Freshfields [...]
Head of Germany’s central bank warns EU against further integration after Brexit

September 18, 2016

The head of Germany’s central bank has warned the EU against pushing for further integration after the UK’s Brexit vote. Jens Weidmann, the president of Deutsche Bundesbank, said this approach “no longer resonates with the public”. In a meeting with media organisations including the Guardian, Weidmann said: “For many of its citizens, Europe has indeed [...]
Online retailer Hut Group set to announce Ideal acquisition

September 18, 2016

Online retailer Hut Group is poised to announce the takeover of an American dieting and sports nutrition company. The digital retailer is expected to announce the deal for Ideal Shape in the coming days, Sky News reported. Read more: The Hut Group eyes acquisitions after securing £210m loan Hut Group reported group sales of £334m, [...]
“Historic day” as BBC prepares to put more programming out to tender

September 18, 2016

The production industry is set to learn this week which BBC programmes that are currently made in-house will be put out to tender by the corporation. Under the terms of the new royal charter, the BBC will be required to put all programming outside of news and current affairs to commercial competition. Read more: Outgoing [...]
SVG Capital chief exec could make nearly £3.8m from US takeover thanks to shareholding

September 18, 2016

The chief executive of private equity firm SVG Capital could be in line for a payout of nearly £3.8m if US company HarbourVest succeeds in its £1bn-plus hostile pursuit. Lynn Fordham currently owns just over 575,000 shares in the listed UK company, which was the subject of a 650p-per-share offer earlier this month. Read more: [...]
Mmmm: Doughnut company Krispy Kreme prepares for London float

September 18, 2016

Doughnut company Krispy Kreme is progressing with its plans for an initial public offering (IPO) in London. The UK arm of the American company, which is controlled by private equity firm Alcuin Capital, is planning to float on the London Stock Exchange next month. Read more: Premier listing: Fund manager plots London Stock Exchange flotation The float, [...]
Premier listing: Fund manager plots London Stock Exchange flotation

September 18, 2016

Fund management company Premier Asset Management is considering a float on the London Stock Exchange this year. Keefe, Bruyette & Woods and Numis are advising the firm on the possible initial public offering (IPO). The flotation discussions come nine years after Guildford-based Premier was taken private by Electra Partners. Read more: Another London Stock Exchange strike: Hollywood [...]
Guardian cuts extend to US as newspaper group aims to break even in America

September 15, 2016

The Guardian’s cuts are being extended to the United States, with around 30 per cent of staff across the pond at risk. The loss-making UK-based newspaper publisher, which has set up operations in the US and Australia in recent years, reported a total loss of £173m in its 2015/16 financial year. Read more: First the cafe, [...]

Oil price surge pushes investors to bet against interest rate cut

Hundred cricket stake sales help Glamorgan clear debts

Psst… This is how to ski Les 3 Vallées without the crowds

By: William Turvill

All 1412 Articles

Subscribe