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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Diamond disrupter: How this digital-focused jewellery retailer is shaking up the marketplace

July 25, 2016

Every day, thousands of shoppers in the Oxford Street area unknowingly pass by the workshop of 77 Diamonds. Behind a nondescript door, workers craft wedding rings with diamonds worth tens, if not hundreds, of thousands of pounds. A short walk from the dingy workshop – decorated inside with a topless Zoo calendar and a Euro 2016 [...]
This graph shows the changing landscape of the UK mortgage market

July 22, 2016

This graph depicts how dramatically the UK mortgage market has changed over the last decade. The chart, created by Statista from ONS data, lays bare how the 25-year mortgage has declined in the last 10 years. Read more: Housing market was buoyed by mortgage momentum on eve of EU referendum In 2006, 25-year mortgages commanded a 42.2 per cent [...]
Woof: Discount loo roll company targets top dog Andrex after Brexit boost

July 22, 2016

A discount loo roll company which took a punt on floating shortly before the EU referendum believes Brexit provides an opportunity to target the big dogs of the industry. Namely, Andrex. The Northern company today reported its first results since its initial public offering (IPO) on the alternative investment market (Aim). Revenue increased by 17 [...]
Eurozone deficit falls to lowest level in six years

July 22, 2016

The Eurozone’s deficit has fallen to its lowest level since the debt crisis six years ago, new figures show. The 1.6 per cent of GDP deficit is down from 2.3 per cent in the final quarter of 2015. Read more: The eurozone has heaved itself out of deflation – just The figures show that Eurozone governments [...]
Brexit boost for Fleet Street: Extra 2.7m papers sold in referendum month

July 22, 2016

There has been a fair amount of doom and gloom business news reported in national newspapers over the last month. But Fleet Street itself has emerged as one of the winners of the EU referendum – at least in the short term. The majority of national newspapers experienced an uplift in circulation in June, according [...]
Vodafone beats expectations despite UK market decline

July 22, 2016

Vodafone has reported better-than-expected revenue in its first quarter, despite a decline in the UK. Its share price rose three per cent on Friday morning, after it reported the results, to 232p. [stockChart code="VOD" date="2016-07-22 08:43"] The figures The company reported 2.2 per cent growth in group organic service revenue to €12.8bn (£10.7bn) in the [...]
Sainsbury’s gets blessing from competition watchdog for Argos takeover

July 22, 2016

Sainsbury’s proposed acquisition of Home Retail Group has been given clearance by the Competition and Markets Authority (CMA). The body said this morning that it would not be referring the deal for further investigation. J Sainsbury agreed a cash and shares deal, then worth £1.4bn, for the Argos owner in April. Read more: Sainsbury's remains committed [...]
Daily Mail publisher distances itself from Yahoo interest

July 22, 2016

The publisher of the Daily Mail has distanced itself from any bids involving Yahoo. Daily Mail and General Trust (DMGT) emerged as a surprise candidate in the race for Yahoo’s web business in April. The company later said it had not submitted a bid for Yahoo, but added that it “remains in discussions with parties [...]
Frankfurt eyes “once in a century” Brexit business opportunity

July 21, 2016

Frankfurt businesses believe the city has “once in a century chance” to capitalise on the UK’s Brexit vote, according to a new study. The city can act as a “bridge” between London and Europe, the Financial Centre Frankfurt group has said. But the majority of 400 German businesses surveyed want to see the UK’s access to the single [...]
Channel 4 seeks talks with new culture secretary as it awaits privatisation decision

July 21, 2016

Channel 4 is seeking discussions with the new culture secretary as it awaits a government decision on its future and a possible privatisation. The government has been considering selling off all of part of the publicly-owned, commercially-funded broadcaster since September last year. In May, Channel 4 chairman Charles Gurassa condemned the “prolonged uncertainty” around the potential [...]

‘There’s a kind of romance to it’: Cubitts opens King’s Cross hub on site of Victorian stables

Brentford in talks to host Shakhtar Donetsk Champions League fixtures

New City venue rethinks competitive socialising… again

By: William Turvill

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