Millie Turner, City A.M.

Millie Turner

City A.M.

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Recent articles by Millie:

Biopharma snags over £30m windfall from Pfizer’s latest billion-dollar deal

Life science debt investor Biopharma Credit has snagged a more than £30m windfall thanks to Pfizer’s latest billion-dollar deal. Pfizer, the US → Read More

Inmarsat and Viasat £5.4bn merger paused until CMA wraps up probe

The £5.4bn takeover of British satellite giant Inmarsat by US rival Viasat has been put on hold until autumn, when the UK’s competition watchdog is → Read More

London’s Right to Buy-back scheme unlocks over 1,500 council homes

More than 1,500 London homes have been brought back into public ownership over the past year, under London mayor Sadiq Khan’s Right to Buy-back scheme. → Read More

Avast revenue and operating profit sink ahead of £7bn takeover

Antivirus software giant Avast’s revenue and operating profit has sunk so far this year, as it looks set for a takeover by fellow cybersecurity → Read More

Housebuilder Bellway boasts record £3.5bn revenue as UK property prices soar

Bellway, one of Britain’s largest housebuilders, has boasted a record annual housing revenue of £3.5bn, bosses announced today. The figure has grown by → Read More

Legal & General weathers economic storm, handing out £2.5bn in dividends since 2020

Legal & General, one of the UK’s oldest financial services firms, has weathered the country’s worsening economic climate, having declared £2.5bn of → Read More

Savills hikes forecasts for London rents, with prices set to rise to new heights

Savills has hiked its five-year forecast for the prime London rental market, with rents set to continue rising to new heights. The capital had suffered an → Read More

Government accused of ‘messy’ decision making in £63m Newport Wafer sale

British and Welsh government have been accused of being a “mess” in deciding on the sale of the UK’s largest chipmaker, Newport Wafer Fab. Both → Read More

UK drafting plans to ‘significantly’ boost overseas recruits in NHS

The UK government is drafting plans to “significantly” boost the number of overseas staff in the NHS to avert a winter crisis, according to the health → Read More

BioNTech's Covid-19 vaccine boosts revenue to £8bn so far this year

BioNtech, the company which worked with Pfizer to develop its famed Covid-19 vaccine, has reported €9.6bn (£8bn) worth of revenue so far this year. → Read More

Pfizer buys Global Blood Therapeutics for £4.4bn in Covid cash spending spree

Pfizer has bought Global Blood Therapeutics for $5.4bn (£4.4bn), as the US pharmaceutical giant continues its Covid-19 cash spending spree. The deal will → Read More

Lok’nStore enjoys ‘unprecedented occupancy’ amid revenue jump

Revenue at Lok’nStore has jumped in the past year, as the storage container company looks to expand. The AIM-listed company is set to open four new stress → Read More

City of London workers lead wage growth as pay inequality worsens in UK

Only the UK’s highest earners have been given inflation-busting pay rises so far this year, as the country’s lowest earners see pay growth ‘flatline’, → Read More

Satellite duo in reported merge talks amid wave of sector consolidation

A pair of US and Luxembourg-based satellite giants are reportedly in talks to merge, as the increasingly scrutinised sector undergoes a wave of → Read More

UK defence and aerospace firms risk being outpaced in STEM skills shortage

The UK’s defence and aerospace sectors are continuing to be squeezed by a shortage in STEM talent, leaving ‘high-trust’ businesses vulnerable to being → Read More

Investors drop Hikma Pharmaceuticals amid weak financials and CEO’s exit

Investors dipped out of Hikma Pharmaceuticals today after the British pharmaceutical giant posted weak financials in the wake of its CEO’s exit. Hikma, → Read More

Defence giant Meggitt’s order book value teeters around £1bn ahead of takeover

Meggitt’s orders are up nearly 50 per cent, teetering around the £1bn mark, as the British defence manufacturer undergoes a foreign takeover. The → Read More

UK construction output in ‘contraction territory’ for first time since pandemic

The UK’s construction output has fallen for the first time since last January, according to US analytics giant S&P Global. Despite healthy employment → Read More

City Moves: Who's switching jobs in the Square Mile?

City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email to be → Read More

New prime minister must up R&D funding or risk ushering in ‘low skilled’ economy

The next prime minister must up the UK’s spending on science research and development (R&D) or risk losing its standing as a global leader, → Read More