City editor of Sky News, City AM columnist and Charlton Athletic fan. London Press Club Business Journalist of the Year 2011.
Co-op overhaul continues with advanced talks to sell security services arm to Nasdaq-listed Cardtronics, I'm told. bit.ly/1pGodFi
A busy day at the Bank of England - confirmation of make-up of panel for markets review including Sir Richard Lambert, the former CBI chief.
Bank of England gets tough (finally) on City misconduct with sweeping new powers to curb bonuses, punish malpractice. bit.ly/UAYqpE
Barclays numbers better than City had expected at £3.35bn adjusted PBT for H1; as I revealed last week, a £900m hit for PPI mis-selling.
Some more detail about this morning's story on the Bank of England's bonus clawback plans, announcement tomorrow. bit.ly/WLYzs6
Link to my story about the Bank of England's plans to introduce the world's most punitive bonus clawback regime. bit.ly/1oFi0Nj
...clawback for bonuses awarded after Jan 1, 2015. Either 6 or 7 years will make UK rules the toughest of any major financial centre.
...bonuses awarded before new rules come into force next year being subject to six-year clawback. BUT PRA has been looking at seven-year...
Exclusive: Bank of England to set out bonus clawback regime tomorrow that will amount to world's toughest bank pay rules. Plans will mean...
Exclusive: Centrica to pay new chief exec Iain Conn less than predecessor Sam Laidlaw in effort to avoid new row. bit.ly/1o8BWU0
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