Jim Armitage
Evening Standard
United Kingdom
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Past articles by Jim:
SPACS and the City: Rules relaxed to lure more blank-cheque firms to London
City watchdog the Financial Conduct Authority today published its final rules designed to encourage more SPACS to list in London. → Read More
The entrepreneurial oilwoman with a passion for cats and cake
A “cat cafe” in Pimlico has social enterprise at its heart → Read More
FTSE 100 set to stage mini-bounce after sharp falls triggered by Covid worries
The FTSE 100 was today set to rise after a grim session across Europe yesterday saw the UK index tumble more than 1%. Even so, with a mere 19 point gain expected, the UK’s leading index was barely expected to stay above the 7000 level, hitting just 7035, if futures markets are correct. Bitcoin is also in a weak position, falling more than 2% in the past 24 hours. Reports that Japan was… → Read More
Drug companies fined £260 million for ‘colluding to overcharge the NHS by hundreds of millions of pounds’
Drug companies ripped off the NHS by buying off potential rivals to their medicines to stop them competing, leading to scandalous price rises to the cash-strapped health service of more than 10,000%, regulators said today. → Read More
FTSE 100 set to fall as UK employers suffer Covid workforce shortages
Bitcoin jumps 2% as Bank of England says cryptocurrencies don’t risk financial stability → Read More
SSP chief quits less than two years into the job for big money in private equity
Simon Smith walks just months after raising £500 million from investors → Read More
FTSE 100 set for slight fall as world shudders from US inflation shock
Bitcoin falls again as US economy heats up sharply → Read More
Banks to unleash £22 billion dividend bonanza as pandemic payout curbs end
Barclays, Lloyds and NatWest are set to pump out more than £22 billion in dividends or share buybacks over the next two years after the Bank of England removed Covid caps on shareholder payouts today. → Read More
End of Covid dividend curb makes Lloyds shares a Buy
Latest London news, business, sport, showbiz and entertainment from the London Evening Standard. → Read More
BT investor Drahi meets Kwarteng and Dowden and lauds Brexit as trigger for £2 billion stake buy
Billionaire French telecoms tycoon Patrick Drahi has met with ministers to discuss his motivation behind buying a £2 billion, 12.1% stake in BT. → Read More
FTSE 100 set for slight bounce after heavy falls but Bitcoin remains in the doldrums
Stagflation is the word on traders’ lips as the Covid recovery wobbles → Read More
FTSE 100 set to fall as Morrisons-inspired row over private equity takeovers gathers pace
The FTSE 100 Index was set to slip today as the ruckus over private equity takeovers of UK companies spread in the wake of the Morrisons takeover tussle. → Read More
Third potential bidder, Apollo, confirms aiming at Morrisons after £9.5 billion takeover offer
Apollo knows the sector having launched a failed bid for Asda → Read More
How can we trust in the worthy promises Fortress has made for Morrisons?
As the Independence Day festivities end, it’s fair to say the battle for Morrisons could mark a similar Revolutionary War in US-UK corporate relations. → Read More
FTSE 100 jumps to pre-Covid highs as Bitcoin takes another tumble
The FTSE 100 was today set to jump after USmarkets posted yet more record highs last night but Bitcoin has tumbled more than 3% today. → Read More
Burberry faces takeover threat after failed succession plan for Gobbetti
Comment: fashion house should not have been left leaderless with private equity on the prowl → Read More
FTSE 100 starts the week flat as rising Bitcoin shrugs off Binance ban by UK regulators
Bitcoin jumps 4% despite FCA curbs on crypto exchange → Read More
Banknotes giant De La Rue could be sold as rivals circle Crystal Amber stake
Banknote printer De La Rue could be sold to one of its rivals after its biggest shareholder began planning a sale of its stake. → Read More
FTSE 100 set to rise while bitcoin rallies from this week’s lows despite JPMorgan warning
Investment banking giant warns of further crypto falls → Read More
Private equity giant Blackstone ups bid for St Modwen
Shareholders accept higher offer in latest raid from wealthy US private equity giants → Read More