Phillip Monks and Jimmy Choo

Jimmy Choo: Names such as Sir Richard Bransons Virgin Money, the RAC and shoe company Jimmy Choo are also being cited as potential floats but Aldermore reacted quickest on Monday with its plans to raise 75m of new funds and sell off an existing stake in the business, according to The Guardian. Phillip Monks, the Aldermore chief executive, who along with other management owns 2% of the business, said the flotation was necessary to continue growth in lending activities such as asset finance and lending to small businesses and for home loans and Aldermore is to kick off a string of stock market flotations this autumn with a share sale that could value the specialist bank at up to 900m. City experts have said flotations had been delayed by the uncertainty caused by last weeks Scottish independence referendum and unfounded fears that it would produce a vote in favour of a breakaway. (news.financializer.com). As reported in the news.