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

Turkish delight: McVitie’s owner melts biscuits into same £3.6bn company as Godiva

June 8, 2016

McVitie’s biscuits have been melted into the same company as chocolatier Godiva. Yildiz Holding, the Turkish owner of Godiva Chocolatier, Ulker, DeMet’s Candy Company and McVitie’s maker United Biscuits, has brought the brands together to form Pladis. The $5.2bn (£3.6bn) revenue company will be London-headquartered and aims to float on the London Stock Exchange as a FTSE 100 firm as [...]
Alan Sugar’s doing it all wrong: Scientists reveal the best way to fire people

June 8, 2016

Scientists have revealed the best way of firing employees and – surprise, surprise – Alan Sugar’s doing it all wrong. The key, according to researchers from Saarland university in Germany, is to not be too aggressive when delivering bad news at work. Read more: Not fired: Alan Sugar has just been made government enterprise tsar [...]
There are now nearly one million millionaire households in the UK

June 7, 2016

The UK is close to having one million millionaire households, new research out today shows. In 2015, there were 961,000 UK households with $1m (£0.7m) of private financial wealth, up 12.4 per cent on 2014, according to the Boston Consulting Group (BCG). The UK’s millionaire growth is nearly double the global year-on-year rate of increase, [...]
Price conscious, sceptical and socially responsible: Wealth managers face millennial challenge

June 7, 2016

Wealth managers should target the growing number of millennial investors, a new report has advised. Millennials, defined as those born between 1980 and 2000, currently account for 10 per cent of global private wealth, according to the Boston Consulting Group. This proportion is forecast to increase to 16 per cent by 2020. Read more: The City’s philanthropic heritage [...]
How UK media companies are surviving digital disruption

June 7, 2016

The UK’s media and entertainment sector is in “rude health”, with revenues up 21 per cent since 2011, despite digital disruption. Deloitte’s Media Metrics 2016 report looked at the 100 largest UK companies in the area, finding a total turnover of £87bn in the firms’ latest accounts. Deloitte predicts this number, based on 2014 or [...]
Jacob Rothschild investment trust says no to alliance with rival

June 7, 2016

RIT Capital has withdrawn its interest in making an offer for Alliance Trust. The investment trust, which is chaired by Jacob Rothschild, confirmed last week that it was considering a move. But RIT said on Tuesday morning: “Following careful analysis and constructive discussions with representatives of Alliance Trust, RIT has concluded that it would not [...]
Former London Metal Exchange boss considers launching rival

June 7, 2016

The former head of the London Metal Exchange (LME) is considering launching a new London-based metals trading platform. Martin Abbott is in talks with trading houses and brokers over the potential move to challenge the LME. Read more: Open outcry lives on at the London Metal Exchange He left the LME in 2013 after the [...]
More pressure on Martin Sorrell over £70.4m pay package ahead of WPP’s AGM

June 7, 2016

A public sector pension investment body has urged the 70 funds it advises to reject Sir Martin Sorrell’s £70.4m pay package at WPP’s AGM tomorrow. The Local Authority Pension Fund Forum (LAPFF) joins shareholder advisory firms Pirc and ShareSoc in recommending the package be voted against. Kieran Quinn, chairman of LAPFF, said: “Most shareholders will, [...]
Why the mortgage market is due to be shaken up by the tech revolution

June 3, 2016

Scaling the housing ladder can feel like climbing Everest and nowhere more so than in the capital. From saving every penny for a first deposit, to scouring the tube map for the next undiscovered, reasonably priced gem, the affordability challenges are well documented. But there are other unnecessary challenges driven by an outdated industry that [...]
German regulator asks for more information on Deutsche Boerse-London Stock Exchange tie-up

June 2, 2016

The German politician responsible for approving Deutsche Boerse’s merger with the London Stock Exchange has said he requires “further information” on the deal. Tarek Al-Wazir, economy minister for the State of Hesse, where Deutsche Boerse is based in Frankfurt, made the statement after the exchange houses published a shareholder prospectus for the deal yesterday. Read [...]

Burnham launches bid to stand as Labour MP in by-election

Why authenticity is key to US sport succeeding in Europe

This Soho pub is putting on a ‘problematic’ show about a drunkard

By: William Turvill

All 1412 Articles

Subscribe