HeyJaredCharlie Conchie
- Indexed articles, last 90 days
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- Sep 29, 2026
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Burnham to repeal ban on public ownership of water companies (opens the original)
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The government will repeal a ban on public ownership of water companies as part of ten-year transformation of the privatised water sector, the Prime Minister has announced. Speaking at the Labour conference in Liverpool, Andy Burnham said the privatised water industry introduced under Margaret Thatcher had failed and his government would introduce a new water bill to allow it to seize greater control of the sector. The water industry is a symbol of “what has gone wrong with Britain” and has crea
Burnham to pledge greater control of water and energy industries (opens the original)
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Andy Burnham will double down on plans to seize greater public control of the water, energy and transport industries tomorrow as he pledges to “break with the flawed thinking of the past 40 years”. In his first speech to Labour’s conference as Prime Minister, Burnham is expected to say Britain is currently “run for vested interests” and politicians need to take “more control of the basics so that we can make [the country] more functional again”. He will announce a “raft of policies and commitmen
Will Airtel Money kickstart London's IPO pipeline? (opens the original)
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London’s sluggish IPO market showed signs of a rebound on Wednesday as Airtel Money confirmed plans for a bumper listing – now the City is hoping it will get the domestic pipeline moving, writes Charlie Conchie. When Airtel Money’s chief executive spoke to City AM yesterday to discuss the launch of his African payment firm’s IPO, he was adamant the company had options. Airtel Money “evaluated a lot of exchanges” including the US, Europe and North America, Ian Ferrao said, but it was London that
FTSE 100 Live: Stocks slip as London's rally loses momentum (opens the original)
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Welcome back to City AM‘s FTSE 100 liveblog. Stocks in London have fallen this morning as a three-day rally faded and erased much of the gains following the Bank of England’s decision to hold interest rates yesterday. The FTSE 100 is trading down around 0.6 per cent, dragged lower by falls for Shell and BP which have reacted to a slide in oil prices. “Revived hopes for a resolution to the crisis in the Middle East have helped sustain a recovery in global equities but European stocks took a pause
‘Hound of Hades’ private equity firm pursues Aldermore (opens the original)
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Private equity firm Cerberus has teamed up with Warburg Pincus on a joint bid for alternative lender Aldermore, City AM can reveal, in a sale process that could value the company at more than £1.4bn. The US private equity firm, named after the Hound of Hades, a three-headed dog that guards the gates of the underworld in Greek mythology, has tabled a joint bid for the bank as part of a formal sale process, sources told City AM. Aldermore’s owner, the South African financial services group Firstra
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