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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Ascential step away from print advertising exposure helps media company grow

August 1, 2016

Ascential, the business-to-business media company that floated in London this year, has reported a 13.5 per cent revenue growth in the first half of the year. The figures Turnover on a reported basis was £202.5m, up from £178.4m in the first half of 2015. The company’s adjusted earnings before interest, taxation, depreciation and amortisation (Ebitda), [...]
Trinity Mirror boss: New Day failed because consumers didn’t want what they said they wanted

August 1, 2016

Trinity Mirror’s New Day newspaper – launched this year and closed after less than three months – failed because consumers did not want what they said they wanted, according to the publisher’s chief executive. Asked why the daily title did not succeed, Simon Fox told City A.M.: “I think because, at the end of the day, what [...]
UK’s newly found entrepreneurial ecosystem must be protected from Brexit negativity, says Business Growth Fund chief executive

August 1, 2016

It’s difficult to imagine Stephen Welton, the chief executive of the Business Growth Fund (BGF), in a Gymbox, a company whose Twitter biography reads: “We believe that going out and working out should be one and the same thing, and that hot and sweaty exercise should be pure unadulterated entertainment.” “I don’t know if you’ve [...]
No Brexit blues for Dave, Del Boy or Rodney: Business as usual for UKTV after referendum

August 1, 2016

It’s “business as usual” for UKTV, the owner of TV channels Dave and Gold, after the UK’s Brexit vote. The company has today reported that it is “outpacing the British broadcast market”, with a record share of commercial impacts (SOCI), claiming 9.74 per cent, and “significant growth” of audience share and on-demand viewing in the first half [...]
London-listed broker enhances its voice in US with another acquisition

July 30, 2016

London-listed Tullett Prebon has announced a new US acquisition. The interdealer broker has agreed a deal for Creditex’s US hybrid voice broking business from Intercontinental Exchange (ICE), which owns the New York Stock Exchange. The team of 14 brokers, based in New York, provides voice broking and trading services for credit derivatives. Read more: US Department of [...]
Theresa May has a “general prejudice” against Chinese investment, says Vince Cable after Hinkley Point decision is delayed

July 30, 2016

The new prime minister has a “general prejudice” against Chinese investment into the UK, Sir Vince Cable has claimed. The former Liberal Democrat business secretary, who worked with new PM Theresa May in government when she was home secretary, also revealed she had “raised objection” to the Hinkley Point project, which is backed Chinese investment. [...]
Oxford vs Cambridge, Oxbridge vs Ivy League: Whose graduates earn the most

July 30, 2016

Cambridge may have won this year’s men’s boat race. But Oxford's alumni can boast a superior average salary, according to new research looking at graduates with two to six years of experience in work. Salary benchmarking site Emolument.com found the average Oxford graduate earns £70,000 (including a £5,000 bonus), ahead of £68,000 from Cambridge (again [...]
YouGov survey finds Scots favour UK over EU – even if it means losing Single Market access

July 30, 2016

Scotland would choose being part of the UK over the EU, a new survey suggests. A YouGov poll of 1,006 Scots also found “no real shift towards independence” after the UK’s Brexit vote. This is despite the fact a majority in Scotland voted in favour of Remain. Read more: Sturgeon says Scotland can consider prospect of independence [...]
Ready when you are: EDF boss understands why government needs a “little time” to consider Hinkley Point

July 30, 2016

The head of French energy group EDF has said he understands why the UK government needs a “little time” to consider the Hinkley Point project. But Vincent de Rivaz said in an open letter to staff, sending a message of “continuity and confidence”, that EDF is ready when the UK government is. Earlier this week, in a [...]
Environmentally friendly (or very stingy?) Brits ditch 5p plastic bags

July 30, 2016

Britons appear to have taken a big step towards environmental friendliness. Either that, or we’re a stingy bunch, unashamed of walking out of a supermarket with a cold bottle of milk in one hand, a bag of oranges in the other and a loaf of bread squashed under an armpit. Let’s assume the former. Read [...]

War of words erupts after Saba wins trust shareholder showdown

Leeds United investor buys stake in Spanish giants Atletico Madrid

The Crime Lord: Peter Capaldi on the manosphere, London and rocking out with his band as he approaches 70

By: William Turvill

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