A body fast finding its feet as the most imaginative and authentic promotional voice of the financial services industry, TheCityUK, held an event at which 21 young professionals from banking, insurance, the law, fund management and other disciplines presented their vision for the future of the financial services industry... more
City comment: In the next few months, upwards of three million customers of Lloyds will change their bank. They won't do this consciously, or even voluntarily, but they will switch, because they have accounts with the 600 branches that Lloyds has been ordered by the competition authorities to sell... more
Jon Moulton, Britain's best-known venture capitalist, is set to raise more funds for his Better Capital listed private-equity fund, which floated two years ago... more
Some of the great and the good from private enterprise - including Risk Capital's Luke Johnson, the ex-Channel 4 chairman, and Better Capital's Jon Moulton - pitched up at the House of Lords last night for a London Entrepreneurial Exchange event hosted by Lord Bilimoria... more
Glencore is one of the world's most tight-lipped companies. Odd, then, that gaffe-a-minute chairman Simon Murray is moonlighting as a "senior adviser" to GPW... more
One of the country's largest subprime lenders, owned by the major private-equity firm founded by Jon Moulton, has been rapped over the knuckles by the Office of Fair Trading... more
If the Queen had not abolished the practice in 1958, today would have been the start of the summer season with three, high-profile debutantes coming out on the London market... more
Valuations of some recent commodity sector flotations look "incredibly bubbly", according to Better Capital chairman Jon Moulton, one the best-known names in the British private equity industry... more
Reader's Digest claims it has won its first circulation increase in 17 years as new owner Jon Moulton said his firm, Better Capital, expects to buy up more "distressed businesses" in the coming months... more
Is the profit recorded by Ocado today real? Is it sustainable? The answer is, it depends which of the six measures the company offers about how it is doing that you want to take as gospel - and, well, we'll see... more
Corporate broker Numis wins another 10 FTSE 250 clients and its first FTSE 100 company as it is increasingly brought on board as joint adviser to listed companies... more
Jon Moulton’s quoted private equity investment vehicle Better Capital says it is looking at a “healthy flow” of potential deals as more and more companies look for new funding or bailouts... more
Jon Moulton’s private equity vehicle Better Capital raises £67 million through a share placing six months after it floated raising £142 million... more
The oil gods haven’t smiled on Premier Oil. Shares in the FTSE 250-listed oil explorer drop 17p to 1114p after it admits that a well in the North Sea had come up dry... more
The City Interview: David Giampaolo is probably the best connected man in London, thanks to his super-elite investment society Pi Capital: The power is not in the numbers, but the members... more
From the London Eye to a Saga holiday and from cat and dog supermarket Pets at Home to Betfair, the second decade of the 21st century is to open with a flurry of flotations ... more
Jon Moulton, who caused a sensation last month when he quit his Alchemy Partners, predicted the IMF could have to bail out the British economy as he prepared to launch his turnaround business next week... more
Given how much attention has been paid to the problem of subprime lending in the US domestic mortgage business, it is astonishing how little has been paid to subprime lending in the area of private equity... more
Tonight:
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