Take a bow Simon Duke, a former colleague from Betaville's jobbing freelancing days on The Sunday Times business section, and Katherine Griffiths, who I worked with on The Daily Telegraph some time ago, of The Times...
Posts tagged: the times
Hat tip to Dom Walsh of The Times business section.
Last night he landed a cracking tale about Leicester FC being put up for sale by its owners. Betaville was particularly interested by this scoop about the rugby club as I'm an avid Rugby Union fan. Below is a link to Dom's piece...
Two weeks ago financial and political public relations firm Teneo hit the headlines after the boss of its London office issued a warning to employees about "pooing in the shower", leaving their messy underwear for the cleaner to pick up and throwing up on the company carpets. Below is a link to the peice broken on Guido Fawkes and the follow up in the The Times: ..
The British aren't exactly popular on the continent at the moment thanks to the interminable Brexit negotiations.
There is, though, one Brit who has had a hand shaping one of the largest Franco-Italian corporate mergers of 2019.
Baroness Wheatcroft of Blackheath, also known as Patience Wheathcroft, is a non executive director of Fiat Chrysler, which this weekend was outed by the Financial Times as in merger discussions with France's Renault...
When I'm in the office I often pick up Financial News, a trade rag that many years ago gave little old Betaville one of his first jobs in financial journalism.
So, when I turned to page 3 of the paper I was intrigued to read an editorial by David Wighton, former business editor of The Times, vehemently arguing that companies should jettison ALL corporate jets as they are an "incendiary issue and red rag for customers and employees"...
Is it Mike Ashley day, today?
The maverick entrepreneur appears to making on-the-record comments everywhere this morning about everything from Arcadia to Debenhams.
To be fair, it was Deidre Hipwell who dug out some great quotes from Ashley (probably yesterday) about Sir Philip Green's Arcadia that made a superlative splash in The Times business section. Below is the link:..
Tucked away in the top left hand corner of page 2 of today's The Times was a notice about how Alistair Osborne, chief business commentator, has been named financial journalist of the year at the annual City of London Wealth Management Awards. ..
Betaville chuckled at the titbit in Dom Walsh's business diary column in The Times today about how FTI Consulting entered the PRCA City and Financial Awards for “best M&A or communication in support of a transaction award” for its work defending GKN from last year’s £8 billion hostile takeover by Melrose Industries. Below is a link if you missed it:..
Harry Wilson, City Editor of The Times, dug out a cracking scoop yesterday (or most likely the day before but it only appeared in print in yesterday's edition).
The intrepid hack discovered that Aaron Banks - the insurance "tycoon" and under fire funder of the Leave.EU campaign - had asked Oakwell Capital to find a buyer for his 29.1pc stake in Manx Financial Group, the Isle of Man's largest lender. Below is a link to Harry's piece:..
There are plenty of interesting stories in today's Sunday newspaper business sections but it was Patrick Hosking's comment piece in Saturday's business section of The Times that caught Betaville's eye...
The reason Betaville posits such a question in the headline is that yesterday it was suggested in The Times that Ian Osborne - a former adviser to former British Prime Minister David Cameron - is trying to buy Fortune magazine from publisher Meridith via his advisory firm/investment vehicle Connaught, which counts Sir Simon Robey as a director. Below is a link to yesterday's piece in The Times:..
I see my former Daily Telegraph colleague, Katherine Griffiths, has written a rather lengthy article in today's The Times extolling the potential benefits of a combination of Lloyds Banking Group with Prudential M&G.
Below is a link to Katherine's piece:..
The Kleinmanator of Sky News is claiming he had the scoop about Mike Ashley buying House of Fraser out of administration. I guess that may be a valid claim amid his minute by minute scoopage (er, or is it coverage?) of the fast moving situation...
There is an intriguing little diary piece in today's The Times about how a mystery property tycoon with a penchant for the Latin phrase Veni Vidi Vici has bought 200 copies of Oliver Shah's new tome about Sir Philip Green and is handing them out to friends, business acquaintances and colleagues.
Below is a link to Dom Walsh's City people diary column:..
As a freelance hack Betaville can't really afford to hang out in Richard Caring's uber smart eateries in Mayfair.
But maybe Betaville should because I was reminded today that so many big hitters frequent the retail entrepreneur's restaurants and clubs. Today, for example, at George - the Mayfair private members club - Betaville stumbled across a leading business journalist from a British national newspaper deep in converastion with a high-level contact...
There is another cracking column in the The Times on WPP today from former Telegraph colleague Alistair Osborne. Below is a link:
But this is a fast moving story, with the The Times business section splashing on the prospects for a break up for at the advertising juggernaut...
Still following the travails at WPP?
If so, then Alistair Osborne's column in The Times from Saturday is well worth a read. I have pasted the link below:
I see former colleague Alistair Osborne, now business commentator surpremo at The Times, has picked up on Liberum's note about the possbility of WPP spinning off its Kantar market research division...
Betaville has won its first award.
This week ADVFN, another financial website, named yours truly as financial blogger of the year. The news came as a bit of shock to Betaville as there had been no indication ADVFN was even considering Betaville for an award. In fact, Betaville has never even met anyone from ADVFN...
It was good to see former colleague Graham "Ruddy" Ruddick land a cracker jack story on the front page of the main book of today's The Times.
Graham, who Betaville worked with at The Daily Telegraph, effectively broke the story about the unfortunate goings on at the Institute of Directors (although Betaville is sure the Kleinmanator will claim it). I have pasted a link Graham and Alex Ralph's story below:..
If your still intrigued by the collapse of Beaufort Securities then no look no further than today's business section in The Times.
Former Telegraph colleagues Harry "the Hurricane" Wilson and "Acerbic" Alistair Osborne are doing some cracking work following last week's news about the FBI investigation and the FCA's move to put the company into administration.
I have pasted links to their pieces in today's business section below:..
This morning's business comment column by the excellent Katherine Griffiths, a former colleague from our days at The Daily Telegraph, caught Betaville's eye.
That's because top bankers suggested to Betaville last week that the London Stock Exchange - whose chairman has been having a bruising row with TCI's Sir Christopher Hohn, the exchange's biggest shareholder - may soon announce the appointment of a new chief executive, possibly as soon as this week...
How about that for timing.
The headline of the splash in The Times business section blares out: shares set for sharp falls, says Goldman. Below is a link to the piece, which is predicated on Goldman Sachs's prediction that a major stock market correction is looming...
Alistair Osborne, one of Betaville's favourite business commentators, today revives the ITV bid rumour is his excellent column in the business section of The Times.
It's been a while since a news organisation has trotted out the well-worn bid theory but Osborne is one of the wisest old hacks I have had the pleasure of working with, so it's worth paying attention to. I have pasted a link to Alistair's column below:..
Hat tip to Dom Walsh over at The Times for managing to needle out a genuinly interesting "new" line out of Kenny Alexander, the boss of acquisitive gaming group GVC, about potential merger talks with rivals after the regulatory review of sector.
In today's City people column in the The Times Dom reveals that, other than Ladbrokes Coral, GVC also has an interest in a potential combination with William Hill. Here is the link:..
Looking over today's coverage of the Provident Financial fiasco on the front pages of the UK business sections I was reminded of a piece written by my esteemed former boss - Richard, the "Fletch", Fletcher - in The Daily Telegraph six years ago. ..
Hat tip to my old Telegraph colleague Harry Wilson, now City editor at The Times, who today landed a rather good scoop about Eric Daniels, chief executive of Lloyds during the bailout, suing his old employer for hundreds of thousands of pounds of unpaid bonuses.
Below is a link to Harry's story, which was splashed across the front page of the The Times business section:..
Stockmarket cassandras at Bank of America Merrill Lynch and JP Morgan were out in force yesterday, warning of impending market crash.
So, several leading British newspapers, such as The Times, took those warnings seriously by splashing their business sections on the strategists' gloomy predictions. Here is a link to today's piece in the The Times: ..
There is a fun piece in The Times today from Martin Waller about leaks on M&A deals. Yes, you read it correctly - leaks!
Waller's intro made me giggle, so here is the link if you missed the tale from the old hack:
If you have a spare five minutes at lunch then give Alistair Osborne's column in the The Times a read...
I see almost all of the business sections of the quality British newspapers ran with the Amazon-for-Ocado bid rumour today, with some publications even dedicating a whole page lead to the takeover speculation.
No surprises, there, I suppose. Amazon's sensational $13.7 billion move on Whole Foods in the US late last week has got tongues wagging in the Square Mile about how the American online retail giant plans to take on the British grocery market...
So, this morning's election result shows the polls got it spot on after all! Hat tip to the The Times for running the front page piece last week about You Gov poll data showing the election tightening.
From now on, though, I think little old Betaville is going to stick to reporting around what he knows best - stock markets, M&A and private equity...
Little old Betaville is kicking himself this morning and loyal readers may be wondering why.
Well, it's because BC Partners and Pollen Street Capital have just raised their hostile bid for challenger bank Shawbrook to 340p a share. Here is the link to this morning's press release:..
I see Dom Walsh, a top hack, has made a decent attempt to skewer embattled Deutsche Bank in today's business diary column over Tom Cooper's "mysterious" decision to quite the financial institution...
Looking over today's coverage of the Pollent Street Capital / BC Partners bid for Shawbrook I was somewhat dismayed that none of the mainstream business sections picked up on the fact that the private equity firms had actually gone "hostile" on challenger bank by taking their offer directly to shareholders...
I see uber bankers at Robey Warshaw are taking a bit of stick in the financial media this morning following the collapse of London Stock Exchange's £24 billion merger with German rival Deutsche Borse...
This Heineken / Punch takeover deal appears to be almost done and dusted but I did discover over lunch the other day (that's old school "journalism" for you, I guess) some more detail about the consortium Alan McIntosh was trying to put together to buy the business...
Sportingbet owner GVC said to be gearing up for next major takeover deal; spokesperson denies interest in £5 billion Playtech merger - part 2
I see one of my favourite ex-Telegraph colleagues, Harry Wilson of The Times, has also noted GVC appears to be preparing for its next major deal by putting debt financing in place.
In case you missed it, here is a link to Harry Wilson's excellent market report column in today's The Times:..
Reuben Brothers approached about backing Emerald Investment Partners' rival Punch bid - sources - part 2
Combing through my copy of The Times this morning I noticed Dom Walsh's story on Punch Taverns corroberated little old Betaville's piece from a few weeks ago about how Alan McIntosh's Emerald consortium had approached the billionaire Reuben brothers to back his consortium bid for the pub company.
Here is a link to the piece in The Times:..
Clearly today's newspapers are dominated by you know who.
However, there was one story in The Daily Telegraph's business section that caught my eye: Ashley Armstrong's piece on how Ranjit Boparan, the entrepreneur known as "The Chicken King", has received a takeover approach for Party Ring, the maker of Fox's Biscuits, from a mystery suitor...
Dom Walsh, one of the best leisure reporters knocking about the UK national newspaper scence, had an intriguing line in his diary column in today's The Times about how Alan McIntosh's consortium hasn't given up on Punch is in talks with C&C Group, maker of Magners, to launch a joint rival bid for the pub company...
I see market reports in both the Financial Times and The Times have dedicated a significant amount of column inchs this morning to the mounting speculation about a potential takeover bid for ITV. Here are links to those respective columns:
It looks like I was barking up the right tree when I re-introduced my "top of the market?" series late last week.
Today, the The Times splashed its business section with a piece about how City analysts fear a major stockmarket sell off in 2017.
In case your interested, I have pasted a link below to the piece, which was written by my former colleague Katherine Griffiths, one of the hardest working hacks I had the pleasure to work with:..
M&A round-up: FT says flurry of big deals fires M&A activity to second highest level since 2007 crisis but, er, The Times says M&A deals fall by half amid global trade fears
It's that time of the year where the data providers go into a a bit of PR frenzy to convince M&A hacks to write stories to use their data for end-of-year round up pieces. It's also that time of the year when M&A hacks unlucky enough to find themselves still in the newsroom are scratching about for a half decent story idea after their boss has yelled at them for copy to fill large, blank spaces on their pages...
Apologies if this a bit late in the day but I think its worthwhile flagging up a rather good scoop written by one of my old colleagues from my time at The Daily Telegraph.
Katherine Griffiths, now Banking Editor at The Times, landed the splash in this morning with her exclusive tale about how the regulators are looking to find a buyer for Manchester Building Society, reminding the world of the British building society crises in 2008/9...
It's taken two years but British American Tobacco has finally got round to confirming a piece I wrote in the The Times a couple years ago about the giant cigarette group hiring Deutsche Bank alongside UBS with a view to making a $47 billion bid for Reynolds American.
The Serious Fraud Office is once again coming under fire.
This time the business section of The Times splashed on an intriguing tale from Katherine Griffiths - a former colleague from my time at The Daily Telegraph and now Banking Editor at The Times - about how the SFO has, so far, failed to go after the "higher ups" involved in the whole Libor fixing affair.
Here is a link a to Katherine's excellent piece, which is well worth a read:..
I see the most of the British newspaper market reports ran the easyJet bid tale for a second day in a row.
However, the likes of Bryce Elder of the Financial Times and Martin Waller of The Times put a somewhat cynical spin on the jackanory, alluding to the gossip as a "silly season" story that typically come about during the dog days of August...
Regular readers will remember my piece from a couple of weeks ago about The Times follow up to my original story from last year about who attended a British Bankers Association board meeting on April 2016, 2008 and what was discussed. In case you don't, here are the links:
Oh look - I see another one of little old Betaville's stories has been confirmed this morning with the announcement that Radley has been sold to Bregal Freshstream, a new (ish) private equity firm.
In case you don't recall, little old Betaville was the first global media outlet to "exclusively reveal" that Bregal Freshstream, which is backed by a wealthy Dutch family, was participating in the Radley auction...
Today's business splash in The Times is rather intriguing.
Harry Wilson - City editor at The Times and a former colleague from time at The Daily Telegraph - reveals that Eric Daniels, former chief executive of Lloyds Banking Group, was told about Libor rigging at a BBA meeting in 2008...