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City editor of Sky News, City AM columnist and lifelong Charlton Athletic fan. London Press Club Business Journalist of the Year 2011.
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Revealed: Lloyds to disclose details of rival bids for branch network amid allegations of political interference. See bit.ly/1272TMK
Lloyds To Hit Back Over Branch Sale Claims
news.sky.com — The chairman and chief executive of Lloyds Banking Group will hit back on Tuesday at claims that they succumbed to political pressure to sell a major branch network to the Co-operative.
Some predictable but nevertheless breaking banking news coming up from me on @JeffRandallLive in about 20 minutes.
Exclusive: Former Co-op Bank finance director James Mack faces MP scrutiny as he takes up Aldermore role. See bit.ly/13TBQat
Former Co-op Bank Executive Faces MP Scrutiny
news.sky.com — The former finance director of the Co-op's banking arm is facing scrutiny from MPs about the parlous state of its balance sheet just days after he assumed a new role at one of Britain's other so-called 'challenger banks'.
@benjaminmarlow @heliaebrahimi I know - Reuters actually had full story about a month ago!! There's more to come on it in next few days.
Co-op Bank CEO Niall Booker tells me: "The days of big banking acquisitions are over." Perhaps someone should have told his predecessor...
@heliaebrahimi Watch out for next leg of story later on! How's life as financial broadcasting superstar?
Acromas Holdings, which is owned by three big buyout funds, to launch 'whole business securitisation' of the AA, the roadside recovery group
Parent company of AA and Saga expected to launch £3bn refinancing later today. Biggest deal of its kind since before the financial crisis.
@Craigdobson1980 Agree, it's extraordinary that it went so far. Worth watching TSC session on Tuesday morning to see if any light shed on it
Revealed: Co-operative Group's plan to fill £1.4bn capital hole at struggling banking arm. Statement at 7am tomorrow. bit.ly/19GORKI
Co-op Bank To Fill £1.4bn Hole By 2015
news.sky.com — The Co-operative Group will be given until 2015 to complete a £1.4bn repair job on the balance sheet of its struggling bank under a deal to be announced on Monday. Sky News has obtained key details of the mutual's agreement with the Prudential Regulation Authority (PRA), which follows weeks of crisis talks triggered by a six-notch downgrade by the credit ratings agency Moody's.Sign up to discover more journalists who cover Business and Finance, United Kingdom and more.
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