Royal Mail’s red herrings

Lord Myners’ push to shake-up initial public offerings may need a shove

©Anna Gordon

The trouble with dribbles

City has little appetite for another jumbo placing of Lloyds shares

Oil threat overshadows stress tests

A new danger posed by UK banks’ loans to energy companies

Credits for BT romcom will roll for ages

EE and O2 have thrown themselves at BT’s photogenic leading man

Costa tapped to nudge Songbird investors

Offer would be more persuasive if it was above standard NAV of 381p per share

FCA failed to take care on moving markets

Watchdog created a false market in insurance shares on March 28

Tesco: big shop of horrors

Profit warning imparts a frisson and tale of wickedness punished

BP carnival moves on

Court ruling plus expected compensation for breaching Clean Water Act take toll on UK group

Successful accumulator bet for Sky’s boss

CVC takes a £600m punt on broadcaster’s online gaming arm

Ladbrokes’ new chief will need more luck

During Richard Glynn’s tenure, important numbers went backwards

Work to do before Aviva investors welcome Friends

Integration looks as if it could be fiddly

City/Brexit / BG / Dragon Oil

It is encouraging to see heavyweights backing an under-represented cause

SABMiller’s Coca-Colanisation of Africa

Brewer eyes sweet drinks to tap emerging markets tastebuds

Thomas Cook waves goodbye to Green

Turnround specialist and travel industry veteran not the right package for Thomas Cook

Zoopla needs to renovate to keep investors coming through the door

Even rundown Cumbrian terraces aren’t losing value as fast as the house-hunting website

Aviva faces risks on Friends Life deal

Aviva must extract £100m in savings a year to justify 15% premium to Friends’ market value

Ineos boss pitches fracking

Jim Ratcliffe’s big problem is footloose environmentalists

Royal Mail will struggle to deliver

Parcels growth story that fuelled huge demand for shares looks unreliable

Businesses in India need fiscal certainty

Selective levies have deterred overseas companies considering doing deals in India

Struggle to understand Quindell speak

Group is in a state of permanent motion and looking at turning receivables into cash

ABOUT LOMBARD

Jonathan Guthrie Jonathan Guthrie is the City editor of the FT. He writes and edits Lombard, the column that dissects the big deals and bigger personalities dominating London’s financial centre. A popular read with senior City executives, Lombard blends analysis with humour. A veteran observer of British business, Jonathan has been an FT columnist since 2003, an FT staff member since 1993 and started as a capital markets writer in 1987. He tweets his take on City news just after 7am most weekday mornings.

E-mail Jonathan Guthrie

Alison Smith


Alison Smith is the FT's Chief Corporate Correspondent and has worked at the FT for more than 20 years. Her posts have included political correspondent, financial services correspondent, Lex writer, UK companies editor and, most recently, leader writer.

E-mail Alison Smith

Kate Burgess


Kate Burgess is the FT's Small Talk columnist and Small Companies Correspondent. She has worked at the FT for nearly 20 years in various roles, most recently as investment correspondent. Before the FT she worked as a stock broker.

E-mail Kate Burgess

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