AA: Shareholders weigh up major sale of stake in roadside breakdown giant April 17, 2023 The AA’s shareholders are considering the sale of a significant stake in the £2.5bn breakdown specialists, as first reported by Sky News’ Mark Kleinmann. Towerbrook Capital Partners and Warburg Pincus have hired Goldman Sachs to advise on the deal, which could result in three shareholders taking an equal slice of the company. Analysts told Sky [...]
Mark Kleinman: Is it a Labour of love for British business? November 23, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
FTSE 100 today: London markets set to extend Friday’s losses, echoing weak global lead June 24, 2024 Asian stocks dip on China-EU trade worries; gold rises on lower Treasury yields. Focus is on US PCE inflation and the US presidential debate.
Brits lose more than £2.6bn to investment scams since 2020, pension body warns April 2, 2024 Britons have lost more than £2.6bn to investment fraud since the start of 2020, according to new research, as experts warn of the rise of scams originating on social media.
Lloyds hires ex-DBS Bank executive as chief operating officer June 14, 2021 Lloyds Banking Group has hired David Gledhill, a former executive of Singapore’s DBS Bank, as group chief operating officer. Britain’s largest domestic bank said in a statement that Gledhill will join in August this year, subject to regulatory approval. Gledhill will join Lloyds upon returning to the UK after 11 years with DBS Bank, where [...]
The Lilac Review launched to ‘unlock’ barriers facing disabled entrepreneurs February 1, 2024 A two-year independent review into the challenges facing disabled entrepreneurs has surfaced following concerns over a lack of support and opportunity within the community. Backed by the UK Government, the Lilac Review — similar in style to that of the female entrepreneurship-focused Rose Review — will investigate the barriers disabled entrepreneurs face, who collectively account [...]
Why It Doesn’t Pay To Be A Woman In Finance June 28, 2023 From cupcakes on International Women’s Day to marketing campaigns that shine a light on female employees making their mark, many organisations are paying lip service when it comes to addressing the gender pay gap in the UK, yet doing very little to offer real equality in the workplace. It’s even more pronounced for women working [...]
Areas near 2012 London Olympics continue to see economic boost after a decade July 29, 2022 A decade after the London Olympics, areas nearby the event are continuing to feel positive economic impacts. Stratford’s E15 district has seen its economic vitality index score grow by nearly a quarter, according to analysis firm Evaluate Locate, some 15 per cent higher than the average rate seen across the rest of the country. The [...]
High street bank bosses warn of rising fraud threat from social media March 20, 2024 Bosses from the UK's biggest high street banks have told MPs that they are improving their fraud reimbursement rates, while calling for greater cooperation with social media companies to prevent scams that originate on their platforms.
HSBC, Santander and Blackrock among firms advising Labour on private investment November 20, 2023 City firms HSBC, Santander and Blackrock are among those advising the Labour Party on private sector investment following the launch of a new infrastructure council.