Posts tagged: the times

The bank scoop, the intrepid hack and the old team...

Wednesday, 7 November 2018, 8:47 am

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:..

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Is Comcast's adviser preparing to become a media mogul himself?

Saturday, 22 September 2018, 12:32 pm

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:..

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Damaged Goods: The Inside Story Of...-Part 6

Friday, 20 July 2018, 8:51 am

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:..

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Breakfast at George...

Wednesday, 18 April 2018, 4:13 pm

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...

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Acerbic Alistair on WPP

Friday, 6 April 2018, 9:40 am

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...

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Tags: WPP, the times

And the winner is...Betaville, apparently

Friday, 16 March 2018, 7:57 am

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...

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Ruddy at The Times...

Thursday, 8 March 2018, 9:49 pm

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:..

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Beaufort Securities hit by FCA restriction - part 3

Tuesday, 6 March 2018, 7:16 pm

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:..

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LSE to reveal new CEO?

Monday, 26 February 2018, 10:58 am

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...

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Osborne rekindles ITV bid rumour...

Wednesday, 15 November 2017, 11:01 am

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:..

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Betaville Intelligence

RARE ALERT: William Hill said to ... - part 2

Friday, 15 September 2017, 9:04 am

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:..

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Wonder Wilson and bank rows...

Tuesday, 22 August 2017, 7:34 pm

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:..

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Top of the market - the series returns - part 6

Saturday, 24 June 2017, 5:23 pm

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: ..

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Those Ocado bid rumours...

Tuesday, 20 June 2017, 6:42 pm

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...

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Polls - part 2

Friday, 9 June 2017, 7:46 am

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...

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Tags: the times
Betaville Intelligence

Sportingbet owner GVC said to be gearing up for next major takeover deal; spokesperson denies interest in £5 billion Playtech merger - part 2

Friday, 3 March 2017, 9:49 am

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:..

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Reuben Brothers approached about backing Emerald Investment Partners' rival Punch bid - sources - part 2

Thursday, 2 February 2017, 6:47 pm

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:..

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Saturday review

Saturday, 21 January 2017, 10:36 am

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...

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Emerald Investment Group in talks with C&C Group over Punch counter bid, according to The Times

Tuesday, 17 January 2017, 9:42 am

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...

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Top of the market? - the series returns...-part 2

Saturday, 31 December 2016, 1:48 pm

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:..

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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

Friday, 30 December 2016, 10:52 am

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...

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Hat tip

Friday, 2 December 2016, 6:13 pm

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...

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British American Tobacco confirms Reynolds American scoop (s?)

Friday, 21 October 2016, 8:04 am

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.

http://www.thetimes.co.uk/tto/business/industries/consumer/article4086903.ece..

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SFO battered - again...

Tuesday, 13 September 2016, 3:08 pm

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:..

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Airline shenanigans

Saturday, 20 August 2016, 2:44 pm

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...

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Retail titbits - part 4

Monday, 6 June 2016, 12:00 am

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...

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