Mark Kleinman

Sanjiv Somani, who spearheaded JP Morgan’s acquisition of Nutmeg, will oversee the management of Lexham Partners’ stake in one of Britain’s best-known challenger banks, Sky News understands.

Dale Vince, the prominent Labour Party donor and eco-entrepreneur, is kicking off a £20m financing for Ecojet, a new airline that claims it will be the world's first zero-emission commercial carrier.

The chancellor will use this week's Mansion House dinner to deliver "a more coherent approach" to overseeing Britain's payments architecture, Sky News learns.

Tuesday, 12 November 2024 16:19 By Mark Kleinman, City editor

Some of Britain's biggest retailers have warned the chancellor that last month's budget will stoke inflation in the economy and spark job losses as tax hikes add nearly £2.5bn to the industry's annual tax bill.

Administrators are being lined up to oversee a deal that will save more than 1,500 jobs but leave a question mark hanging over another 1,700, Sky News learns.

The UK bank is in detailed discussions to offload 80% of the division, but will not receive an up-front cash payment for it, Sky News understands.

Mark Kleinman is the man who gets the Square Mile talking. This week he tackles resetting Reeves, Thames Water and challenges for challenger banks.

CVC Capital Partners is bidding for a stake in the Birmingham Phoenix Hundred cricket franchise in a move which throws the spotlight on its relationship with the chairman of its host county.

Two of Britain's biggest independent fibre broadband networks have been holding talks about a combination that would value the enlarged entity at several hundred million pounds.