Sophy Ridge: My advice to politicians? Just answer the question. September 4, 2023 Sophy Ridge has set the Westminster agenda with hard-hitting interviews. She tells City A.M. her golden rule.
Government ‘in talks with Tata Steel to provide £500m funding package’ – but 3,000 jobs at risk September 2, 2023 The Government is reportedly in advanced talks with Tata Steel to provide a £500 million funding package aimed at safeguarding the long-term future of a key part of Britain’s steel industry. The deal would secure £1 billion for the group’s Port Talbot steelworks but could lead to as many as 3,000 job losses, according to [...]
Mohamed Al Fayed: Tributes paid to former owner of Harrods and Fulham FC September 2, 2023 Former Harrods owner Mohamed Al Fayed has been described as “an extraordinary tour de force” after his death at the age of 94. Mr Al Fayed, who was owner and chairman of Fulham Football Club for 16 years, died on Wednesday. His family announced on Friday he had “passed away peacefully of old age”. Paying [...]
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
Airlines are a victim of their own success in creating unstoppable demand September 1, 2023 Delays - yes, including those as a result of an erroneous flight plan - are a small price to pay for modern airlines.
Embattled Direct Line confirms Aviva exec Winslow as man to lead turnaround charge August 30, 2023 Adam Winslow, the head of Aviva's UK arm, will attempt to reverse a downward trend for the UK insurer Direct Line
Cleverly will not ‘shy away from tough conversations’ while in Beijing August 30, 2023 James Cleverly has met senior officials in Beijing in a visit aimed at easing tensions with China but which risks deepening divisions in the Tory party. The Foreign Secretary insisted the visit would allow him to have “tough conversations” with the Chinese on issues including repression in Hong Kong, and human rights abuses in Xinjiang [...]
Effectively Demonstrating Sustainability Ambitions Key To Unlocking More Successful M&A Deals August 29, 2023 According to a new M&A survey from KPMG, 53% of participants reported that ESG findings have resulted in deal cancellations and 42% in purchase price reductions. The report also discovered that almost two thirds of investors would pay a premium for companies aligned with their ESG priorities. The challenges faced by professionals include:Lack of robust [...]
Octopus Energy closes in on Shell deal as Big Six dominates the market August 28, 2023 Octopus Energy is closing in on a deal to snap up Shell's household energy business - which could be finalised as soon as this autumn.
‘Highly likely’ Wagner chief Prigozhin is dead, says MoD August 25, 2023 It is “highly likely” that the leader of the Wagner mercenary group who challenged the Kremlin in a failed mutiny is dead, the UK Government has said. The Ministry of Defence (MoD) cautioned that there is “not yet definitive proof” that Yevgeny Prigozhin was onboard a plane that crashed north of Moscow on Wednesday, but [...]