Sky News enterprise presenter Ian King QUITS after ten 12 months profession two months after channel moved him and his present out of Square Mile
Sky News business presenter Ian King has quit his role of hosting his flagship show and will leave the company after a ten year career.
The channel recently moved Business Live with Ian King from its iconic Square Mile address in central London and relocated to Sky’s West London-based Osterley headquarters.
The decision to move from Fleet Place was met with skepticism as concerns were raised over the new studio due to its distance from central London.
Following the move in September, Mr King has not appeared on the show for at least a month leading to speculation over his future.
It has since been confirmed that Mr King has stepped back from from presenting the show following recent discussions and will leave Sky News in the Spring.
He will continue to contribute analysis and reporting to Sky’s digital platforms until he leaves the company
Sky News business presenter Ian King has quit his role of hosting his flagship show and will leave the company after a ten year career
In a letter shared with colleagues, David Rhodes, Sky News Group Executive Chairman wrote: ‘Ian has been with Sky for ten years, enriching our news report with his knowledge of finance and his network in the City of London.
‘We’re delighted that he will continue to be a resource on our digital estate at this time.
‘I met this morning with the Business team to discuss our continued commitment to ‘Business Live’, hosted in recent months principally by Paul Kelso and Darren McCaffrey from our main newsroom.
‘We’re increasing our investment in this area, for instance in the hit Money Blog, a consistent audience favourite.
‘I want to thank Ian for his commitment to Sky News; we’ll make sure to organise a deserved send-off next year.’
Prior to the show’s relocation, Neil Bennett, co-ceo of H/Advisors, told City AM: ‘Ian King’s business show is a precious resource for the City and British business because he attracts all the biggest names into his central studio.
‘They’re simply not going to travel to Osterley, so the business community will lose another important media voice,’ he warned.
Business Live will continue to broadcast on weekdays at 11.30am and 4.30pm providing reports on the markets, share prices and the world economy, alongside business commentary.
Darren McCaffrey and Paul Kelso will continue as regular hosts of Business Live.
