Mark Kleinman: British Steel, Freetrade’s Future and Investment Association grumbles February 23, 2023 I wasn’t wrong a few weeks ago when I wrote here that sorting out Britain’s financially troubled steel industry would ultimately be someone other than Grant Shapps’ mess to clean up. What I didn’t anticipate then was that just a month later Kemi Badenoch would become the fourth business secretary in six months given the [...]
Mark Kleinman: Hambro Perks, Ray Winstone’s side hustle and IPGL shake-up February 9, 2023 Sky News’ Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Hambro Perks’ called-off merger spells bad news for the City November 23, 2021 was a landmark day for the London stock market: the unveiling of the first special purpose acquisition [...]
Mark Kleinman: Britishvolt or British Steel? A tough political call January 26, 2023 In his weekly column, Mark Kleinman writes on Britishvolt, British Steel, UK Finance and a potential new boost for London's IPO market
Mark Kleinman: My bold predictions for 2023 in the City – from Natwest to Spurs January 11, 2023 After the political and economic events of 2022, the idea of being able to predict anything with confidence seems even more outlandish than usual. Nevertheless, with the UK economy precariously balanced less than two years before a general election, these seem – in early January – to be sensible bets for UK plc in 2023. [...]
Mark Kleinman: Glazers could see biggest ever football club sale November 25, 2022 It was Sir Alex Ferguson who coined the phrase “squeaky bum time” in reference to those anxious moments at the end of seasons when Champions League and Premier League titles and FA Cups hung in the balance. Fergie’s employers for the last eight years of his reign, the Glazer family, are about to undergo their [...]
Mark Kleinman: Vodafone pressure, steel woes and a new business boss October 6, 2022 Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Vodafone boss hopes deal eases the pressure At last, an engaged tone. Two months after I wrote in this column that Nick Read, the Vodafone chief executive, was looking nervously over his [...]
Mark Kleinman’s exclusive column: Downing Street business adviser pondering exit? June 15, 2022 Raging inflation, labour shortages, a weakening currency, supply chain chaos and – in the eyes of many colleagues and opponents alike – a lame duck prime minister: if you thought that being a CEO in such a climate was tough, spare a thought for his own business liaison chief. Alex Hickman, a co-founder of the [...]
Mark Kleinman’s Column: Walgreens needs different prescription for future of Boots June 1, 2022 As an octogenarian with a literary penchant and more than half a century in business behind him, Stefano Pessina will be as aware as anyone of “time’s winged chariot hurrying near”. But is his sense of the passing of time in danger of impairing the judgement of the notoriously dogged and astute Italian dealmaker? The [...]
Mark Kleinman: Light finally shines on Schroders’ M&G ambitions December 2, 2021 Sky News’ Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Schroders is solved The mystery is finally solved. For months, fund management executives have puzzled over two aspects of Schroders’ aborted ambitions to take over M&G Investments and create a [...]
Mark Kleinman: Will Barclays be able to explain their backing for Staley? November 4, 2021 Sky News’ Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Barclays in the headlines again What is it about Barclays and rough-Diamond bosses? In the end, the surprise was not so much that Jes Staley left the British bank mired [...]