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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Speedy Hire chairman Jan Astrand survives Toscafund’s attempts to oust him as investors vote in his favour

September 9, 2016

Speedy Hire shareholders have voted to appoint David Shearer to the board and to keep Jan Astrand as chairman at its annual general meeting (AGM). Over 63 per cent of shareholders voted against the resolution to remove Astrand, with 35.56 per cent voting in favour of the resolution. Meanwhile, 52.84 per cent of the equipment rental firm's investors [...]
UK public expectations for interest rate hike falls to record low level

September 9, 2016

The proportion of British people expecting an interest rates rise in the next year has fallen to a record low, a Bank of England survey has shown. The poll of more than 2,000 people aged 16 and over was conducted between 8 and 9 August, shortly after the Bank cut rates to 0.25 per cent. [...]
Interdealer broker Icap makes new chief exec appointment after Tullett Prebon deal is waved through

September 9, 2016

Interdealer broker Icap has named Seth Johnson as the new chief executive of its foreign exchange trading and fixed-income business, EBS BrokerTec. Johnson will take over from Gil Mandelzis, whose departure from Icap, which is soon to be renamed Nex Group, was announced in July. Read more: Brexit has been brilliant for this broker The [...]
Absolute Radio founders launch new DJ-less station to promote British music

September 9, 2016

The founders of Absolute Radio have launched a new DJ-less national radio station featuring the voice of a popular sci-fi actor. The Union Jack radio station, which promises to celebrate British artists, will go live at 11am today. Read more: Top Gear and Radio Times magazine owner on for £300m sale The station is launching [...]
#UhOh: Twitter shares fall further as chief exec Jack Dorsey set to come under pressure

September 9, 2016

Twitter’s shares tumbled six per cent in the US yesterday amid reports that the firm’s chief executive is under pressure to turn things around within the next few quarters. The social media giant’s board met on Thursday to look at money-saving options, CNBC first reported, and a sale of the company could also be considered. [...]
UK named as best G20 country for starting a digital business

September 9, 2016

The UK has been named as the best G20 country for ease of starting a digital business. Britain scored the highest marks for digital business environment – which includes regulation such as recruitment practices, tax frameworks, time taken to start a business and legal efficiency – in accountancy firm EY’s G20 Digital Entrepreneurship Barometer, which [...]
Micro Focus’s HP deal hailed as post-Brexit statement of confidence from British business

September 8, 2016

British company Micro Focus revealed an $8.8bn (£6.6bn) takeover of the software division of US giant Hewlett Packard yesterday, with the audacious swoop hailed as an assertion of post-Brexit confidence and a landmark deal for the UK tech sector. City analysts said the deal also signalled a “change from the post-Brexit dialogue of UK businesses [...]
South Africa mineral explorer seeks investor gold on the London Stock Exchange

September 8, 2016

A South Africa-focused gold explorer is planning to float on the London Stock Exchange. White Rivers Exploration, the largest land holder in South Africa’s Witwatersrand gold province, is planning a dual listing in the UK and in Johannesburg next year. Read more: Top execs are expecting global IPO activity to re-ignite in the next year The company was [...]
Top execs are expecting global IPO activity to re-ignite in the next year after slow start to 2016

September 8, 2016

Senior business figures expect the global IPO window to re-open in the next 12 months following a slow start to 2016. Figures from Mergermarket show that global initial public offering (IPO) volume fell 38 per cent year-on-year in the first half of 2016, from 544 deals in the first six months to 2015 to 339. Read [...]
Private equity body names industry veteran as new chairman

September 7, 2016

LPEQ, a trade body for listed private equity firms, has named industry veteran Mark Florman as its new chairman. The former chief executive of the British Private Equity and Venture Capital Association (BVCA) started in his role this week. Read more: UK private equity firm makes Star investment in German IT company Florman told City [...]

Lex Greensill seeks to throw out director ban

Premier League + ‘could hurt fan acquisition if rolled out globally’

Ford Mustang Sutton CS800DH review: Taming a wild horse

By: William Turvill

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