Mark Kleinman: Boots’ dealmaker tries to formulate new potion December 19, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles buyouts at Boots, big bonuses at Natwest and Reeves’ China charm offensive Boots’ octogenarian dealmaker tries to formulate new potion If life begins at 80, then Stefano Pessina, the octogenarian pharmaceuticals [...]
Honda and Nissan merger talks spark UK job fears December 18, 2024 Experts say the UK's unfavourable tax environment and declining automotive sector put it at greater risk as the industry consolidates.
Ministers warned not to cave to ‘short-sighted’ carmakers on EV targets December 16, 2024 The government is currently considering relaxing new rules enforcing certain electric vehicle sales targets each year.
A requiem for UK equity capital markets December 14, 2024 London’s storied status as a global financial powerhouse is slipping away, and with every IPO that doesn’t materialise or company that decamps to the US, it becomes clearer that the City is in its death throes, says Owen Matthews As a former mid-cap ECM investment banker, I’ve watched with despair as the lights dim on [...]
Six Senses eco spa island in Krabey Cambodia: Health-luxe December 13, 2024 Krabey is a drop-in-the-ocean private island just a sneeze away from the Cambodian coastal city of Sihanoukville. With a large Chinese population and a pandemic-hit smatter of unfinished buildings, the city itself is pricey but with great food and markets But the real draw is discovering the tropical and unspoilt beaches and jungle flora and [...]
New technology will help the West rebuild a military industrial base December 5, 2024 Every time you read about wasted government cash, remember they could be spending on keeping us – and the free world – safe, says James Price “Defence is of much more importance than opulence”. This might seem, to the discerning City AM reader, an obvious point. But both in the days when Adam Smith wrote [...]
Mark Kleinman: Tucker’s luck could mean handing over HSBC reins during a trade war December 5, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles HSBC’s chair changeover, the FCA’s recent climbdown, and a mighty job at Mitie. Tucker’s luck could mean handing over HSBC reins during a trade war Just as one swallow doesn’t make [...]
How should the UK respond to Donald Trump’s tariffs? December 4, 2024 Trump's taste for tariffs is well known, proudly proclaiming in the election campaign it was the most beautiful word in the dictionary.
Will other Chinese firms follow Shein to London? December 4, 2024 Shein’s reported decision to list in London rather than New York is likely to be an anomaly rather than a trend, says Megan Penick Fashion giant Shein’s prospective IPO – slated for early next year – has caused something of a stir in the City. Indeed, the decision to list on the London Stock Exchange [...]
Reading crisis goes on after former chairman’s takeover bid is rejected December 3, 2024 Former Reading chairman Roger Smee says he is “sad” that his takeover bid to prise the club from unpopular owner Dai Yongge has been rejected. City AM revealed last month that the 76-year-old property tycoon, who also played for Reading in the 1960s and 1970s, was putting together a rescue package. Smee also expressed his [...]