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

Gender is secondary at Emma Walmsley's‎ GlaxoSmithKline (GSK) — If the patient isn't responding, change the medicine: that's been the crude, but long-running, summary of some investors' prescription for Britain's biggest pharmaceuticals group. So for GlaxoSmithKline (GSK) investors, the least important aspect of Emma Walmsley's appointment as its next chief executive is her gender.

May ditches Cameron's line-up of top business advisers — Theresa May has moved to distance herself further from her predecessor's style of government by ditching the bosses of easyJet, Whitbread and Legal & General (L&G) as advisers. Sky News can reveal that members of David Cameron's Business Advisory Group (BAG) were informed on Thursday that their services would not be required by Mrs May.

Co-op slashes bank stake value as low interest rates hit sector — The Co-op Group will this week slash the value of its bank shareholding for the second time in six months, reflecting deteriorating investor sentiment towards the industry with interest rates at record lows.

Restaurant chain Ed's Easy Diner puts new investors on the menu — One of the UK's best-known restaurant chains has put a search for new investors back on the menu less than a year since it launched a previous auction. Sky News understands that the owners of Ed's Easy Diner have appointed corporate financiers at KPMG to undertake a rapid hunt for new financing.

Field demands probe into Bernard Matthews pensions as sale looms — The chairman of a powerful parliamentary committee is urging watchdogs to probe a takeover deal that will see the retirement scheme of Bernard Matthews, the turkey producer, being absorbed by an industry-funded lifeboat.

App-based lender Atom embarks on ÂŁ100m fundraising drive — Britain's first app-based bank will this week kick off efforts to raise £100m in fresh funding from investors as it seeks to accelerate a drive to become one of the industry's most successful start-ups. Sky News has learnt that Atom Bank plans to approach potential backers on both sides of the Atlantic as part of a fundraising that will enable it to grow its balance sheet.

Hut Group expansion goes on as tech firm gets into Ideal Shape — One of the UK's fastest-growing online retailers is continuing its relentless expansion with the takeover of Ideal Shape, a US-based dieting and sports nutrition brand. Sky News understands that The Hut Group, which counts the former Tesco chief executive Sir Terry Leahy among its shareholders, will announce the purchase of Ideal Shape in the coming days.

Kuwaiti investors pounce on venerable City broker WH Ireland — A Kuwait-based company is poised to pounce on WH Ireland, one of the best-known stockbrokers in the City of London, amid expectations of a fresh wave of consolidation in the sector. Sky News has learnt that Kuwaiti European Holdings Group (KEH) is close to announcing an agreement to purchase close to 30% of WH Ireland's shares, potentially as the precursor to a full takeover of the London-listed firm.

Cruddas back as Tory donor four years after cash-for-access sting — A leading City tycoon is resuming donations to the Conservative Party more than four years after being forced to resign as its co-treasurer over a cash-for-access row triggered by a newspaper sting operation. Sky News can reveal that Peter Cruddas, the boss of financial spread-betting firm CMC Markets, has handed £50,000 to the party after meeting Theresa May, the Prime Minister, for talks earlier this week.

MPs to probe FTSE chiefs’ pay as top City investor demands reform — Blue-chip bosses will be served fresh notice on Friday of pressure to overhaul the way they are paid when a powerful group of MPs launches a wide-ranging inquiry into corporate governance and executive remuneration.
More Articles →
Sep 25, 2016

Revealed: Top motorsport executive Zak Brown quits agency he runs with Lord Coe amid talk of senior F1 role. 

Sep 25, 2016

Exclusive: Top banker who worked on 2008 UK bank rescues quits Credit Suisse to launch advisory start-up. 

Sep 22, 2016

May decision to disband predecessor's business advisory panel comes as she prepares a clampdown on corporate excess. 

Sep 22, 2016

Revealed: Theresa May further distances herself from David Cameron's administration by ditching his Business Advisory Group of top bosses.

Sep 21, 2016

Exclusive: Co-op Group to slash value of bank stake by another 25% on Friday as ultra-low interest rates hit sector. 

Sep 20, 2016

Revealed: Owners of restaurant chain Ed's Easy Diner scramble for investors less than a year after previous auction. 

Sep 19, 2016

Exclusive: Labour MP Frank Field demands probe into Bernard Matthews sale as pension scheme gets "dumped" into PPF. 

Sep 19, 2016

@RJPartington If you didn't report it, then I have no idea why you're bothering to raise it.

Sep 19, 2016

@RJPartington Er, you reported 2017. Last time I checked, it's 2016.

Sep 19, 2016

Exclusive: App-based banking start-up Atom kicks off talks with potential investors about £100m fundraising. 

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