By: Clara Guibourg

Clara Guibourg is an Online Writer at City A.M. She can be contacted at clara.guibourg@cityam.com. She is particularly passionate about women in business, technology and telecoms.

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Monitise share price up even as losses quadruple

February 12, 2016

Monitise has reported quadrupled losses as the troubled payments firm has had to write off £167m from its value. The figures Monitise reported pre-tax losses soaring from £58m to £211m in the six months to 31 December. At the same time, sales were down from £42m to £33m. The firm’s share price, which has plunged [...]
Rolls-Royce share price soars on its first cut dividend in 24 years as profits slump

February 12, 2016

Plunging profits have forced Rolls-Royce to slash its dividend for the first time in a quarter of a century – but shareholders were mollified. The figures Rolls-Royce has cut its dividend to 16.4p for 2015, down 23 per cent from 21.3p last year. The engine maker reported underlying revenue of £13.4bn for 2015, down one per cent [...]
UK employees complain they aren’t getting enough perks

February 11, 2016

Considering we spend (at least) 40 hours a week at the office, it’s no surprise that perks are an important part of our jobs. Indeed, for more than half of Britons the perks an employer offers is actually a “top consideration” when choosing whether or not to accept a new job. So the news that [...]
Cable & Wireless reports double-digit earnings growth ahead of merger with Liberty Global

February 11, 2016

Cable & Wireless’ earnings soared by double digits as the telco firm prepares for a merger with Liberty Global. The figures Cable & Wireless reported sales of $595m for the quarter ending 31 December 2015. This marks a growth of one per cent, or three per cent on a like-for-like basis. The firm’s quarterly earnings [...]
The hottest tech sectors for investment and deals: Biotech, pharma and fintech are set to grow in Silicon Valley and Silicon Roundabout alike

February 11, 2016

Last year was a bumper year for UK tech investment, with over £3bn of investment by venture capital. Yet the year finished without its usual flourish. It was the same story in the US and with the same protagonists – perceived overvaluations of private companies, particularly in the technology sector, and the uneasy public markets. [...]
How to pass the time during your commute: One in three Britons watch TV while commuting, with Doctor Who and The Office most popular shows

February 11, 2016

Our daily commutes are taking up a steadily growing chunk of our time, so it’s no surprise that we’re always on the hunt for new ways to keep ourselves entertained throughout rush hour. And it seems that checking Twitter, beating a high score 2048 or even something as retro as reading a newspaper is no [...]
Swedish interest rates: Riksbank cuts rates again in surprise move sending krona plunging

February 11, 2016

One thing’s for sure: the Riksbank doesn’t do things by halves. The Swedish central bank just took its benchmark interest rate even further into negative territory than economists were expecting. The Riksbank announced this morning it would be cutting rates to minus 0.5 per cent, from the current minus 0.35 per cent. "Our repo rates [...]
Imperial Brands boosted by rising tobacco prices

February 11, 2016

Rising tobacco prices helped push UK tobacco giant Imperial Brands’ revenue up, even as the number of cigarettes sold continues to drop. The firm, which rebranded earlier this month, dropping “tobacco” from its name, blamed the dropping amount of tobacco it sold in the quarter ending 31 December 2015 on turmoil in the Middle East. [...]
Rio Tinto slashes capex and scraps progressive dividend as falling commodities prices gobble up half its earnings

February 11, 2016

Rio Tinto is slashing another $3bn from its capex as plunging commodities prices halved the miner’s 2015 earnings. The figures Rio Tinto posted underlying earnings of $4.5bn for 2015. This is down 51 per cent from $9.3bn the year before. Underlying earnings from the FTSE-listed miner’s aluminium arm were down 10 per cent. Iron fell [...]
The UK’s 10 most difficult interview questions from Accenture, Barclays, Google and Metro Bank

February 10, 2016

Job interviews are stressful at the best of times: not only do you have to remember not to fidget in your seat or worry about your handshake being clammy, you also have to get those tricky questions right… City firms are notoriously tough on their victims (er, we mean interviewees) and some of the interview [...]

Ex-Google executive puts AI hiring under scrutiny

Chelsea punishment ‘extremely lenient’, says club’s former exec Purslow

Pairing wine with spicy food at London restaurants KOL and Gunpowder

By: Clara Guibourg

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