By: Billy Ehrenberg

Billy Ehrenberg is a Data Journalist and Content Developer at City A.M. He can be contacted at billy.ehrenberg@cityam.com. He is particularly passionate about data visualisation and telling stories with numbers.

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US jobless numbers beat expectations

December 18, 2014

After average hourly earnings rose by 0.6 per cent in November and the economy added a roaring 321,000 jobs in the same month, today jobless figures continued the trend of positive data for US economy. The number of people claiming unemployment cheques fell around 6,000 last week, to hit 289,000 (a seasonally adjusted figure). This [...]
Swiss central bank imposes negative interest rate: Franc drops against the euro

December 18, 2014

The Swiss Central Bank (SCB) has moved to stop the franc hitting its currency exchange ceiling of 1.2 Swiss francs to the euro by imposing a 0.25 per cent tax on sight deposit account balances. A sight account is one in which funds can be transferred at speed and with no restriction, or withdrawn as [...]
UK house builder Galliford Try wins £250m Ministry of Defence contract in Scotland

December 18, 2014

Housebuilding and construction group Galliford Try has won a sizeable contract with a sizeable name: the Ministry of Defence's (MoD) Next Generation Estates Framework for Capital Works Projects in Scotland, which is worth £250m. The deal, which was landed by Galliford's Integrated Solutions business, will run for four years, netting Galliford that £250m in chunks [...]
Five charts that sum up the latest UK wage growth and unemployment report

December 17, 2014

Unemployment is down again, but the real news is that wages sneaked above inflation in October, back when inflation was up at 1.3 per cent. According to data from the Office for National Statistics, both regular wages and wages including bonuses were rising above inflation, at 1.6 and 1.4 per cent respectively. This is a [...]
Babcock seals £140m deal for Defence support Group

December 17, 2014

Babcock, the company charged with decommissioning Britain’s aging nuclear power plants, has bought the Defence Support Group (DSG) for £140m. DSG is an Ministry of Defence (MoD) unit that repairs and maintains military equipment, and the deal, worth £2bn over ten years, includes Defence Support Group’s contract with the MoD. In a statement released this [...]
Dixons Carphone merger “a year ahead of schedule” as profits rise 30 per cent

December 17, 2014

Dixons Carphone has got off to a good start. Not only have high-street rivals Phones 4U and Comet bitten the dust over the course of 2014, but the merger seems to have gone well, with pro forma profit before tax up 30 per cent in its first interim results and synergies are way ahead of [...]
Mark Carney: Stress test proves banks are “significantly more resilient”

December 16, 2014

Mark Carney, the governor of the Bank of England (BoE), has said the results of today’s stress tests prove the new-found resilience at the core of the banking sector. Seven banks and Nationwide building society were tested, with only one, Co-operative Bank, failing. The test scenario was considered especially harsh and included two years of [...]
In charts: UK house price growth slows but first-time buyers still feel the pinch

December 16, 2014

First-time buyers are paying 12 per cent more this year than at the same point last year, according to data from the Office for National Statistics (ONS). The ONS revealed house prices were flirting with stagnation in October, when they increased just 0.1 per cent on a month-on-month basis. After yesterday’s data from Rightmove showed [...]
Chinese manufacturing contracts as industry hits seven-month low

December 16, 2014

Chinese manufacturing has hit a speed bump, falling off a six month period of growth to record its lowest score in seven months. According to data from HSBC and Markit, the flash purchasing manager’s index score was 49.5 in December, below the 49.8 predicted by analysts, on a scale where a 50.0 equals growth. It [...]
Co-op fails Bank of England stress test, RBS and Lloyds at risk

December 16, 2014

The Co-operative Bank has failed the Bank of England’s (BoE) stringent new stress test, while Lloyds and RBS would be at risk in a new economic crisis. The prudential regulation authority (PRA) tested seven banks and building society Nationwide to see how they would handle a financial meltdown of epic proportions. While Lloyds, Standard Chartered, [...]

Female entrepreneurs favour human connection as many see isolation a challenge

London Broncos signs deal with Australian fintech OFX

Ministry of Sound: ‘industry is on the up’ as it reveals brand new take on The Box

By: Billy Ehrenberg

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