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

Diageo Mulls Sale Of Parts Of Its Wine Cellar — The FTSE-100 producer of Guinness and Smironoff is considering the sale of parts of its wines division amid growing investor disquiet about the company's performance. Sky News has learnt that Diageo is examining plans to offload some of its wine brands, which include Blossom Hill and Sterling Vineyards, following approaches from a number of unidentified third parties.

Hugo Boss Investor Hit By Revolt Over Pay — The bosses of one of the City's biggest listed investment trusts will on Friday be hit by a third consecutive revolt from investors ‎furious over its pay practices, governance and strategy. Sky News understands that several leading shareholders in SVG Capital‎ will oppose both last year's pay report and the company's future remuneration policy at its annual general meeting in London.

Aston Martin To Name Ex-McLaren Exec As CFO — A former finance director of a division of McLaren is taking a top job at Aston Martin as the loss-making luxury car-maker prepares to launch a string of new models. Sky News has learnt that Aston Martin Lagonda, best-known for featuring throughout the James Bond film franchise, is close to naming Mark Wilson as its new chief financial officer.

HSBC Hires Goldman To Find Brazil Unit Buyer — HSBC has kicked off a multibillion pound sale of its Brazilian operations as the bank's leadership seeks to address concerns about a string of underperforming business units. Sky News has learnt that HSBC has appointed Goldman Sachs, the Wall Street investment bank, to handle an auction of the bulk of its operations in Brazil, with analysts estimating that they could command a valuation of several billion pounds.

Inside Track: HSBC looking for greener pastures should not surprise — THE SANDWICHES and coffee were standard fare at HSBC's annual meeting. But it took mere minutes for political red herrings to be added to the menu. Take the bank's confirmation it is reviewing its headquarters' location. Labour's attempt to blame HSBC's action on a Conservative-inspired EU referendum was misguided, but inevitable.

CBI Delays Naming President Amid Labour Row — The UK's biggest employers' group is to delay naming its new president until well after the General Election following a row over the preferred candidate's public backing for the Conservatives' deficit reduction strategy. Crosses The Channel For £20m Deal —, the furniture retailer which has become one of the UK's best-known technology companies, is turning to a Paris-based investment firm for a multimillion pound cash injection. Sky News has learnt that the company is in advanced talks with Partech Ventures about a deal that would involve it committing approximately £20m to support's expansion.

BG Takeover Sparks £1 British Gas Name Deal — As Britain's biggest gas and electricity supplier, the British Gas brand has had more than its share of scrapes during a period of unprecedented scrutiny of the energy sector. But Iain Conn, the new boss of British Gas's parent, Centrica, appears undeterred.

Taxpayer-Backed LDC Slaloms To £60m Iglu Deal — A private equity firm owned by one of Britain's big state-backed banks is racing to secure a deal to buy, one of the country's fastest-growing travel companies. City sources told Sky News on Tuesday night that LDC, which is part of Lloyds Banking Group, had emerged as the frontrunner to acquire Iglu in a deal that could be worth around £60m.

Mellon Fashions New Backers For Global Label — Tamara Mellon, the entrepreneur who built Jimmy Choo into a global brand, is courting investors to plough millions of pounds into her new fashion business. Sky News has learnt that Ms Mellon, who was appointed as a British Business Ambassador by David Cameron after the last General Election, is aiming to raise more than £10m through a placing of new shares in her eponymous company.
More Articles →
May 02, 2015

Exclusive: FTSE-100 drinks group Diageo mulls sale of wine operations following approaches from potential buyers.

Apr 30, 2015

Revealed: Hugo Boss investor SVG Capital faces third consecutive revolt over pay and strategy at AGM tomorrow.

Apr 30, 2015

Exclusive: Aston Martin to name ex-McLaren Automotive exec Mark Wilson as new CFO after completing £200m share sale.

Apr 30, 2015

Exclusive: HSBC hires Goldman Sachs to run multibillion-pound Brazil auction, begins sounding out potential buyers.

Apr 30, 2015

Exclusive: CBI to delay naming new president until after Election following row over Paul Walsh's support for Tories.

Apr 29, 2015

Exclusive: British online retailer crosses the Channel in search of £20m funding from Partech.

Apr 29, 2015

Revealed: Centrica eyes £1 (one pound) deal to buy global rights to British Gas name in wake of Shell-BG deal.

Apr 28, 2015

Exclusive: Former Jimmy Choo boss Tamara Mellon courts investors to plough funds into her latest fashion venture.

Apr 28, 2015

Exclusive: A week after Osborne pledge to see 15 new bank licences issued by 2020, here's the story on one applicant.

Apr 27, 2015

Exclusive: Canadian and Singaporean funds close to snapping up £1bn stakes in parent of merged O2-Three mobile group.

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