Mark Kleinman: Entain’s new CEO will be gambling with career June 13, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at Entain’s future chief, Legal and General and Dexters Entain’s new CEO will be gambling with career Talk about a glutton for punishment. I hear that Entain, the FTSE-100 gambling [...]
Lloyds sued by customers sold mortgages linked to house prices September 6, 2021 Lloyds Banking Group is being sued by 150 homeowners who were sold mortgages tied to house price appreciation. The case has been brought against the Bank of Scotland, now part of Lloyds, in the High Court. It pertains to shared appreciation mortgages which were sold to thousands of customers in the late 1990s, the product [...]
Mark Kleinman: If Britain is open for business, prove it August 8, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Mark Kleinman: Natwest chair’s in-tray, Skarbek’s return and the Tata Steel saga September 7, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Week ahead: Banks to report amid high inflation and interest rate fears July 25, 2022 Customer behaviour and cost control are set to be top of the in-tray for the major banks as they update investors over the next week. Barclays, Lloyds and NatWest are all set to update the markets in a bumper week for the sector. Although priorities will vary slightly, there will be significant focus on whether [...]
Bulb Energy: Doomed supplier owed £254m to customers in pre-paid energy bills January 20, 2022 Bulb Energy owed £254m to customers who had paid for their electricity and gas in advance ahead of its collapse, according to the latest reports.
Lights Out: Bulb boss finally exits lucrative role months after supplier entered administration June 30, 2022 Hayden Wood finally announced plans to step down from his lucrative role as chief executive of collapsed supplier Bulb Energy at the end of July.
NatWest falls back into private hands after 14 years under majority taxpayer ownership March 28, 2022 NatWest has fallen back into private ownership after the state ditched more of its holdings in the high street lender, the government announced today. It is the first time since the financial crisis 14 years ago that the bank formerly known as Royal Bank of Scotland has not been majority owned by the taxpayer. The [...]
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
Bulb Energy: Bidding war lights up as Centrica pulls out of race for fallen energy firm June 27, 2022 The bidding process for the UK's seventh biggest energy firm has taken another dramatic turn, with Centrica pulling out of the running.