Mark Kleinman: Reeves revels in ring-fencing reform Business Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his CityAM column Reeves revels in ring-fencing reform Is Rachel Reeves about to rip up ring-fencing? It was a question I posed in this column just over a year ago. Now, we have an answer of sorts. The Chancellor’s announcement [...]
Mark Kleinman: Is it lights out for Ovo Energy? Business Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his CityAM column Is it lights out for Ovo Energy? Farewell then, Ovo Energy? The prospective demise of the challenger brand conceived by Stephen Fitzpatrick – if not the company itself – has been a long time coming. Ever since [...]
Mark Kleinman: Industry steels itself for long road to recovery Business Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his CityAM column Industry steels itself for long road to recovery Steel yourselves: I make no apology for returning for the umpteenth time in this column to the future of the UK’s beleaguered steel industry. More than five years since [...]
Mark Kleinman: £1bn Leonardo deal betrays Whitehall toxicity March 5, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly CityAM column How’s this for joined-up government? The chancellor, could not bear to let 3,000 skilled manufacturing jobs at a helicopter factory in Somerset evaporate – or so the story went – because “Rachel cares about keeping the [...]
Mark Kleinman: Audit watchdog at risk of becoming empty shell February 19, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly CityAM column Audit watchdog at risk of becoming empty shell Will the last one to leave please turn out the lights? That might seem an exaggerated extrapolation on the retirement of Sir Jan du Plessis, the septuagenarian chairman [...]
Mark Kleinman: South East Water’s excuses have run dry February 5, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly CityAM column South East Water’s excuses have run dry How the water industry could do with the raising of a Mervyn King eyebrow. While governor of the Bank of England in 2012, Lord King defenestrated Bob Diamond as [...]
Shell chief reportedly set for £4.5m pay boost February 4, 2026 The boss of Shell will reportedly receive a multimillion-pound remuneration incentive, with the firm poised to reveal a new boardroom pay policy. According to reports, the firm’s chief executive Wael Sawan would pocket at least £4.5m more each year. Sky News‘ Mark Kleinman has reported that investor sources have revealed a long-term incentive stock reward [...]
Mark Kleinman: What’s in store for the Square Mile in 2026? January 8, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly CityAM column Not great, not awful: a fair summary of my corporate predictions for 2025. On the plus side, I was right to forecast a bid for ITV, or at least part of it, and correct that Thames [...]
Mark Kleinman: Corporates queue up for 2026 p(l)ay-date December 18, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly CityAM column Corporates queue up for 2026 p(l)ay-date Talk about being on the naughty step. For Anglo American, sealing its $60bn merger with Canada’s Teck Resources – and in the process putting well and truly paid to BHP’s [...]
Mark Kleinman: Out of the frying pan and into the furnace for UK steel December 4, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly CityAM column Out of the frying pan and into the furnace for UK steel Death knells and the British steel industry have made uncomfortably common bedfellows in recent years. All three of the country’s biggest steelworks – including [...]