City editor of Sky News, City AM columnist and Charlton Athletic fan. London Press Club Business Journalist of the Year 2011.

Anglo-Canadian Duo Swoops For Eurostar Stake

news.sky.com — A consortium of British and Canadian pension and infrastructure funds is poised to swoop on the government's stake in Eurostar in a deal that will raise hundreds of millions of pounds for the Treasury.

Advent Eyes Civil Service Pension Firm Float

news.sky.com — The outsourcing giant which oversaw elements of Royal Mail's controversial privatisation is preparing for a sale or flotation that would land its private equity backers a handsome windfall. Sky News understands that the owner of Equiniti, which is one of the UK's biggest providers of business process outsourcing services, is examining the possibility of a public listing as soon as this year.

StanChart Risks Reigniting Bank Bonus Row

news.sky.com — The emerging markets bank Standard Chartered will risk reigniting a row over City bonuses this week when it reveals that it is cutting bonuses by a smaller percentage than its decline in profits.

TPG Eyes Discount Frenzy With Poundworld Deal

news.sky.com — One of the world's biggest buyout firms is in advanced talks to buy Poundworld in a deal that would underline the frenzy surrounding Britain's discount retail sector. Sky News has learnt that TPG has been in exclusive negotiations to buy the Yorkshire-based company for more than a month.

Canadian Funds In Talks Over £2.8bn O2 Stake

news.sky.com — Two of Canada's largest pension funds are in talks about acquiring a multibillion pound stake in the company that is expected to become the UK's biggest mobile communications provider. Sky News understands that the Canada Pension Plan Investment Board (CPP) and the Ontario Teachers Pension Plan (OTPP) have expressed an interest in buying shares in a newly formed parent of O2 and Three.

Ex-Diageo Chief Walsh In Line For Top CBI Job

news.sky.com — The UK's biggest employers' lobbying group is lining up Paul Walsh, the former chief executive of Diageo, as its next president. Sky News has learnt that the CBI is in discussions with Paul Walsh about replacing Sir Mike Rake in one of the most prestigious roles in British business when his term expires in June.

Ex-Sainsbury's Chief Takes Role At Food Giant

news.sky.com — The former chief executive of J Sainsbury is returning to the food industry in a role at 2 Sisters, a privately held company which is one of the biggest suppliers to British supermarkets.

US Regulators Step Up Forex Settlement Talks

news.sky.com — Authorities in the US are attempting to reach settlements within weeks with a host of global banks over their attempted manipulation of foreign exchange markets. Sky News has learnt that Barclays will next week more than double its existing financial provision for forex wrongdoing after it took a £500m charge during the course of last year.

Co-op Bank Keen To Extend CEO Booker's Deal

news.sky.com — The chief executive of the Co-operative Bank is in talks about extending his contract amid continuing pressure from regulators for management continuity at the top of the embattled lender. Sky News understands that Niall Booker, who took over at the Co-op Bank in 2013 as it faced the threat of collapse, is likely to remain in his role beyond the expiry of his existing deal in June 2015.

StanChart To Name Winters As Next Chief

news.sky.com — The struggling emerging markets lender Standard Chartered is to name a former architect of British banking reform as its new chief executive. Sky News has learnt that Bill Winters, who was a member of the Independent Commission on Banking set up in the early days of the Coalition, will replace Peter Sands later this year.
More Articles →
Mar 03, 2015

A fuller story about CDPQ and Hermes securing a deal to buy the UK Government's 40% stake in Eurostar. goo.gl/LwFVJ5

Mar 03, 2015

The buyers of the Eurostar stake are a consortium of Hermes and Caisse de Depot du Placement du Quebec (and possibly others). Price unclear.

Mar 03, 2015

I'm told the Government is close to selling its 40% stake in Eurostar to a consortium of UK and Canadian pension and infrastructure funds.

Mar 03, 2015

Exclusive: Outsourcing giant which administers millions of civil service pensions to hire advisers for £1.5bn float. goo.gl/u8Yi19

Mar 02, 2015

Exclusive: Standard Chartered risks reigniting bonus row as staff pay falls by smaller percentage than profits. goo.gl/KCBdbJ

Mar 02, 2015

Exclusive: Two-thirds of the 'Cheshunt Nine' execs suspended over £263m profits overstatement in exit from Tesco. goo.gl/kg42g2

Feb 28, 2015

Exclusive: Market trader Chris Edwards close to £120m windfall from sale of discount retailer Poundworld to TPG. goo.gl/F58uoj

Feb 27, 2015

Revealed: Canadian pensioners, Qatar and Singapore in talks to buy £2.8bn chunk of merged O2 and Three mobile group. goo.gl/Rg5xMF

Feb 27, 2015

Exclusive: Former Diageo CEO Paul Walsh is being lined up to replace Sir Mike Rake as the next president of the CBI. goo.gl/gTGEgM

Feb 27, 2015

McBride to replace former Asda boss Andy Bond as Wiggle chairman as company prepares for possible stock market listing later this year.

Learn how to connect with Mark on social media by joining Muck Rack Pro



Are You a Journalist?

Make a Portfolio

Create a free Muck Rack account to customize your profile and upload a portfolio of your best work.


Share This Profile