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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Miller Homes cancels IPO, citing “financial market volatility”

October 3, 2014

After Nationwide reported a dip in house prices, Miller Homes has offered more evidence that the housing market may be slowing. The developer has cancelled its IPO, citing market conditions: In light of the recent financial markets volatility, the Shareholders of Miller Group have elected not to proceed at this time with a public offering [...]
UK service sector activity growth slows in September

October 3, 2014

One of the pillars of the recovery has slipped a little. The UK suffered a dip in service sector activity growth this September, with the closely watched Markit Economics purchasing manager's index (PMI) falling to 58.7 from 60.5 in August. The downward move was of a greater magnitude than many had predicted, with the consensus [...]
US Ebola patient came into contact with more than 80 people

October 2, 2014

More than 80 people may have been exposed to a Texas man diagnosed with Ebola, according to the Dallas Public Health Department. While only 12 to 18 people came into direct contact with the patient, 62 – 68 may have crossed paths with the secondary few. The group is being monitored and the 80 are [...]
Mario Draghi: ECB to start buying covered bonds this month

October 2, 2014

Mario Draghi, the president of the ECB, has said the Bank will be prepared to take on below investment grade asset-backed securities (to BBB-), opening the door to Greek and Cypriot banks. The central bank will start buying covered bonds and asset-backed securities this autumn, starting with the bond programme in mid-October. The programme will last [...]
ECB leaves interest rates unchanged

October 2, 2014

The European Central Bank (ECB) has left its headline interest rate untouched at 0.05 per cent where it has been since early last month. The inaction was widely expected but today Mario Draghi has other big fish to fry. The bank's president is set to clarify the ECB's intentions for the asset-backed security purchasing programme [...]
Bank of England backs move for greater powers over mortgage lending as it warns over financial instability posed by housing market

October 2, 2014

The Bank of England has warned that the UK housing market represents a continued risk to financial stability, backing government calls for greater powers to cap mortgage lending for homes and buy-to-let properties. The BoE's Financial Policy Committee has come out in support of George Osborne's suggestion, which was initially put forward over the summerand reiterated [...]
Wonga to write off debt for 330,000 customers

October 2, 2014

Wonga is determined to clean up its image. The payday lender has announced that it will write off the debt of 330,000 customers, following discussions between new chairman Andy Haste and the Financial Conduct Authority (FCA). Customers who would not have had their loan applications approved under the new system, and have been in arrears [...]
David Cameron speech: Twitter reaction to benefit cuts, NHS and Russell Brand

October 1, 2014

David Cameron's speech to the Conservative Party conference was hijacked by campaign group Ukuncut – on Twitter. Analysis of the Twitter reaction to the Prime Minister's speech by Impact Social showed the response was largely negative and that an attempt by Russell Brand to help UKuncut commandeer the hashtag #CPC14 was successful. Here he comes! @David_Cameron – [...]
UK businesses hire EU workers “for commitment and experience”, rather than because they are cheap

October 1, 2014

Non-UK workers aren't just a cheaper alternative than their UK counterparts, it seems. EU migrants offer growing UK businesses levels of experience and commitment that make them extremely attractive to employers, according to a new report by the Chartered Institute of Personnel and Development. The study looked at the motivations and experiences of 1,000 employers and [...]
Songbird Estates sells Northern Trust’s Canary Wharf offices to Crosby Investments for £152.5m

October 1, 2014

The developer behind the Canary Wharf financial district has sold one of its most recognisable buildings for £152.5m. Until the sale to Crosby Investments, Songbird Estates let the majority of the building to Northern Trust, a US financial company, for £8.6m a year. The lease expires in 2022. Songbird suggested it will use the proceeds [...]

OpenAI rewrites Pentagon AI deal following backlash

English cricket facing tragedy if ECB doesn’t change, warns county boss

Psst… This is how to ski Les 3 Vallées without the crowds

By: Billy Ehrenberg

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