City editor of Sky News, City AM columnist and Charlton Athletic fan. London Press Club Business Journalist of the Year 2011 and 2015.City editor of Sky News, City AM columnist and Charlton Athletic fan. London Press Club Business Journalist of the Year 2

Butterkist Owner To Pass On The Popcorn

news.sky.com — The private equity group which owns stakes in corporate giants such as Hilton Worldwide and Versace is to take advantage of soaring UK consumer demand for popcorn‎ by putting the Butterkist brand up for sale. Sky News understands that Blackstone is seeking a buyer for Butterkist, which is part of Tangerine Confectionery, a company it bought in 2011.

Time Out Plots Another Kind Of London Listing

news.sky.com — Time Out, the magazine publisher which has transformed itself into an international digital media group, is plotting a listing on the London Stock Exchange that will value it at more than £200m. Sky News has learnt that Oakley Capital, Time Out's controlling shareholder since 2011, is drawing up plans for a flotation on London's junior AIM market in June.

MP Calls For LSE Probe Over Referendum Role

news.sky.com — The London School of Economics (LSE) should be investigated by electoral regulators over its spending on pro-European Union (EU) activity ahead of June's referendum, according to a prominent Brexit campaigner. Sky News has obtained a letter from Bernard Jenkin, a Conservative MP and board member of Vote Leave, demanding that the LSE be probed by the Electoral Commission for "what appear to be contraventions of referendum legislation".

Michael Dobson's treatment at Schroders fuels City's spring of discontent, as LSE tries to sort out the Deutsche Boerse merger and BP boss Bob Dudley deals with a pay revolt | City A.M.

cityam.com — Appearances can be deceptive. At first glance, yesterday's vote on Michael Dob­son's accession to the chairmanship of Schroders resembled a conventional boardroom coronation - but then it would, wouldn't it? Just 15 per cent of investors in the fund management group opposed his re-election to the board, but with 47 per cent of the company, the supportive Schroder family's shareholding was always going to be decisive.

WPP Builds Succession Plan For £70m Sorrell

news.sky.com — The world's biggest marketing services company has identified external candidates who could eventually succeed Sir Martin Sorrell, it will say on Friday as it confirms that he received the second-biggest payday in history for the boss of a UK-listed company.

RBS Warns Over W&G Branch Sale Deadline

news.sky.com — Royal Bank of Scotland (RBS) is likely to miss a deadline of the end of 2017 to offload more than 300 branches - a failure that would raise the prospect of substantial financial penalties being imposed by Brussels on the taxpayer-backed lender.

RBS To Warn Over W&G Branch Sale Deadline

news.sky.com — Royal Bank of Scotland (RBS) is likely to miss a deadline of the end of 2017 to offload more than 300 branches - a failure that would raise the prospect of substantial financial penalties being imposed by Brussels on the taxpayer-backed lender.

Banks Wrestle With Iran Sanctions Move

news.sky.com — Britain's biggest banks are to set up a high-level panel to navigate the removal of western sanctions against Iran amid continuing US opposition to some foreign economic engagement with Tehran. Sky News has learnt that the British Bankers' Association (BBA) has agreed to form a working group to examine the implications of the sanctions move.

BHS Buyers To Be Summoned To MPs Inquiry

news.sky.com — The entrepreneurs who bought BHS for £1 and the accountants and lawyers who worked on the takeover are to be summoned by MPs probing the high street retailer's collapse into administration.

London-Listed Miner Kenmare To Raise £200m

news.sky.com — A London-listed miner hurt by the global slump in comm‎odity prices is finalising plans for a financial restructuring that will see it raising as much as seven times its market value in new funding. Sky News has learnt that Kenmare Resources, which is also listed in Ireland, will announce the ambitious plan on Thursday.
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Apr 30, 2016

Loan was secured against lease on BHS's Oxford Street store, and deal was arranged by chain's former owner Dominic Chappell, sources say.Loan was secured against lease on BHS's Oxford Street store, and deal was arranged by chain's former owner Dominic Chappell, sources say.

Apr 30, 2016

That's an interest rate which would embarrass a lot of payday lenders - and less than half the £60m loan was drawn, I'm told.That's an interest rate which would embarrass a lot of payday lenders - and less than half the £60m loan was drawn, I'm told.

Apr 30, 2016

More on BHS finances: the retailer paid £6m in interest after borrowing £60m from property company ACE for only two months last year.More on BHS finances: the retailer paid £6m in interest after borrowing £60m from property company ACE for only two months last year.

Apr 29, 2016

Revealed: Booming British demand for popcorn prompts private equity giant Blackstone to put Butterkist up for sale. bit.ly/23esjsm

Apr 29, 2016

Exclusive: Media group Time Out plots a different kind of listing with London flotation valuing company at £200m+. goo.gl/VzdjjO

Apr 29, 2016

Revealed: Tory MP and Vote Leave director Bernard Jenkin demands probe of London School of Economics' "pro-EU role". bit.ly/1XXSRNc

Apr 29, 2016

Instinctif PR partner Matthew Smallwood denied last week that Restaurant Group CFO preparing to step down. Not nonsense now, is it Matt?Instinctif PR partner Matthew Smallwood denied last week that Restaurant Group CFO preparing to step down. Not nonsense now, is it Matt?

Apr 28, 2016

Revealed: WPP to outline detail of CEO succession plan tomorrow - as it confirms £70m payday for Sir Martin Sorrell. goo.gl/KILUuz

Apr 28, 2016

Full story on the implications of RBS's disastrous efforts to sell 310 bank branches over the last seven years. goo.gl/shFAaH

Apr 28, 2016

Exclusive: British banks wrestle with Iran sanctions removal amid US opposition to economic engagement with Tehran. goo.gl/xqx7sL


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