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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Peppa Pig maker Entertainment One has turned down a £1bn takeover offer from ITV

August 10, 2016

The firm behind the hugely successful children's TV show Peppa Pig has rejected a £1bn takeover bid from ITV. In a stock exchange announcement this morning, Entertainment One (EOne) said that the offer of 236p per share “fundamentally undervalues” the company, adding that its board had unanimously rejected the bid. Read More: Peppa Pig maker snorts [...]
You’re hired: Government asked to help small businesses deliver apprentice boost

August 10, 2016

Small English businesses could double the number of apprentices they take on with help from the government, a new report has claimed. The Federation of Small Businesses (FSB) has said that if the government gets incentive and support packages right, small firms could take on more than two million. Read more: Apprenticeship levy needs to be [...]
Watch is going on? Fossil shares jump despite rocky revenue performance

August 9, 2016

US watchmaker and retailer Fossil’s share price jumped in after-hours trading despite the company reporting some rocky revenue figures. The figures Worldwide net sales during the three months to 2 July were down seven per cent to $54.6m (£42m). Fossil said the fall was driven by a “decline in the company’s multi-brand licenced watch portfolio [...]
The BFG and Finding Dory boost Walt Disney results

August 9, 2016

Walt Disney’s second quarter was boosted by the BFG, Jungle Book and Finding Dory. The figures Revenue for the three months to 2 July came in at $14.3bn (£11bn), up nine per cent year-on-year, and slightly ahead of Wall Street expectations. Diluted earnings per share, meanwhile, were up 10 per cent to $1.59, and net [...]
Investors give Yelp a good rating as online review firm beats expectations

August 9, 2016

Online review company Yelp’s share price leapt in after-hours trading on Tuesday after it beat analyst expectations in the second quarter of 2016. The figures The US company reported net revenue of $173.4m (£133m) in the three months to 30 June, up 30 per cent. Wall Street had expected a turnover of $169.8m. Some $151.9m of this came [...]
The Loch Ness Monster of investments? Trade body says there is no evidence of hidden fund fees

August 9, 2016

The investment managers’ trade body has published a report questioning the existence of hidden fees lurking in funds. The Investment Association today condemned “hidden-fees hysteria”. The IA research, carried out by Fitz Partners and published today, found that equity fund returns are 0.71 per cent above index returns each year, looking at data from between [...]
Former Deloitte chief and private equity house plot challenger to big four accountancy firms

August 9, 2016

A former Deloitte executive is teaming up with a private equity house to launch a challenger to the big four accountancy firms. John Connolly, who was chief executive of Deloitte UK, is said to be plotting a string of acquisitions to take on his former employer along with EY, PricewaterhouseCoopers and KPMG. He is working on [...]
Hinkley Point: China ambassador warns over “crucial historical juncture” in UK relations

August 8, 2016

China’s ambassador to the UK has issued a warning over relations between the countries as the British government considers whether to approve the Hinkley Point project. Liu Xiaoming said the delay in approving the scheme has brought the nations to a “crucial historical juncture”. Read more: Is May set to abandon Osborne’s China dream? Liu [...]
Rupert Murdoch’s News Corp makes “aggressive” assault on digital growth as print problems mount

August 8, 2016

Rupert Mudoch's News Corporation is making an "aggressive" assault on digital growth as its print advertising troubles mount. The publisher of the Sun, Times, Sunday Times and Wall Street Journal newspapers reported a five per cent growth in revenue in the last quarter on Monday. The figures In the three months to 30 June, the company’s turnover [...]
Botox maker Allergan’s results come in below expectations

August 8, 2016

Pharmaceutical giant Allergan’s share price tumbled more than two per cent in the US on Monday as its results came in below expectations. The figures Ireland-based Allergan reported total net revenues of $3.7bn (£2.8bn) in the second quarter of this year – up two per cent from the previous three months. But Wall Street had expected [...]

House of Lords warns ministers’ pension power grab ‘dangerous and unjustified’

Hundred auction: Wong and Cortneen-Coleman get 700 per cent pay rises

Mother’s Day 2026: 5 amazing ways to celebrate in London

By: William Turvill

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