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

Osborne To Relaunch Finance Promotion Board

news.sky.com — George Osborne will announce on Wednesday the relaunch of a Treasury-led body charged with promoting the UK's financial services industry, even as he comes under intense pressure to reform the structure of taxes affecting the sector.

City Star Woodford Raises Bet On Purplebricks

news.sky.com — The City's top fund manager has increased his bet on Purplebricks, the online estate agent, by backing a private funding round which values the company at more than £100m. Sky News has learnt that Woodford Investment Management, which is headed by Neil Woodford, has raised its stake in Purplebricks to more than 25% following a £10m share sale.

Millions Overpaying For Energy, Watchdog To Warn

news.sky.com — Millions of energy customers could save around £160 annually by switching suppliers, the competition watchdog will say on Tuesday in a report which will criticise the biggest gas and electricity providers, their regulator and the Government.

Bridgepoint To Snap Up Offshore Trust Giant

news.sky.com — The booming demand for offshore trust and fund administration services will be underlined in the coming days by a $370m (£238m) takeover deal involving Bridgepoint, the London-based buyout firm. Sky News has learnt that Bridgepoint has entered exclusive talks to buy a division of the Appleby Group, which calls itself one of the world's largest providers of offshore legal, fiduciary and administration services.

China's Fosun Eyes Silver Cross As Next Target

news.sky.com — One of China's fastest-growing conglomerates is in talks to add to its burgeoning collection of western brands with an offer to acquire a stake in Silver Cross, the upmarket British pram-maker.

Leighton To Cook Up Wagamama Flotation

news.sky.com — One of Britain's best-known businessmen is to take the helm at Wagamama, the Asian dining chain, ahead of a review that could see it float on the London stock market. Sky News understands that Allan Leighton, the former boss of Asda and ex-Royal Mail chairman, is to become the restaurant group's next chairman.

Paladin To Wrap Up £150m Paperchase Takeover

news.sky.com — An American private equity firm is close to wrapping up a £150m purchase of Paperchase, the high street stationery chain. Sky News understands that Paladin Capital has in recent days emerged as the front-runner to buy the business in a deal that would mark the latest prominent retailer to change ownership.

Hut Group To Nudge £1bn With New Fundraising

news.sky.com — The Hut Group is poised to reinforce its status as one of Britain's most important digital start-ups by raising new funds that will nudge the company's valuation to close to £1bn.

Troubled Gulf Keystone Faces New Board Exodus

news.sky.com — The embattled London-listed oil group Gulf Keystone Petroleum is facing a fresh boardroom crisis with the potential exit of three board members just days before its annual shareholder meeting. Sky News has learnt that leading City investors in Gulf Keystone have told the company that they plan to vote against the re-election of V Uthaya Kumar, Joseph Stanislaw and Maria Darby-Walker at next week's AGM in Paris.

City Voices Fury At Board 'Kitchen-Sinking'

news.sky.com — The City's most powerful fund management body has hit back at the growing number of troubled blue-chip companies which downgrade profit forecasts and slash shareholder payouts shortly after new executives are parachuted in to transform their fortunes. Sky News has learnt that the Investment Association is to mount a campaign over so-called 'kitchen-sinking' exercises by some of the biggest names in corporate Britain.
More Articles →
Jul 07, 2015

RBS privatisation plan likely to be modelled broadly on approach to offloading Government's stake in Lloyds Banking Group, sources say.

Jul 07, 2015

George Osborne to set out details in tomorrow's Budget of plans to offload taxpayers' majority stake in Royal Bank of Scotland, I'm told.

Jul 07, 2015

Exclusive: Chancellor to relaunch financial services promotion body even as pressure mounts over bank industry taxes. goo.gl/4gBPIo

Jul 07, 2015

Revealed: Top City fund manager raises stake in online estate agent Purplebricks; deal values it at more than £100m. goo.gl/vt9dA9

Jul 06, 2015

Exclusive: Demand for offshore trust services to be underlined by £240m Bridgepoint purchase of Appleby Global unit. goo.gl/EQA6IH

Jul 05, 2015

Exclusive: Acquisitive Chinese conglomerate Fosun eyes next Western deal target. Find out what it is here: goo.gl/72Vg0K

Jul 04, 2015

Revealed: Co-op Group chair Allan Leighton to become chairman of Asian dining chain Wagamama ahead of eventual sale. goo.gl/U5eqnp

Jul 03, 2015

Revealed: US buyout firm Paladin close to wrapping up £150m takeover of high street stationery chain Paperchase. goo.gl/4cK08s

Jul 03, 2015

Exclusive: Online retailer The Hut Group, backed by KKR, in talks to raise new funds valuing it at about £900m. goo.gl/IUEFkL

Jul 02, 2015

Exclusive: Embattled Gulf Keystone Petroleum in new boardroom crisis as investors plot to oust trio of directors. goo.gl/Orp4VQ

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