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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Rolls-Royce’s Warren East admits investor confidence “not good” upon announcing major restructure to cut costs by £200m annually

November 24, 2015

Rolls-Royce’s chief executive Warren East admitted today that his company must become more transparent towards its shareholders, after several profit warnings have sent its stocks plummeting. When announcing restructuring plans that will cut costs by up to £200m, East said investor confidence was “not in a good place”, and added that the company would begin [...]
EU migrant crisis: Sweden tightens generous asylum rules to “EU minimum” to force EU action on refugee crisis

November 24, 2015

Sweden will tighten its asylum rules dramatically in a bid to force other EU countries to do more to tackle the continuing refugee crisis. The Scandinavian country has previously accepted more refugees per capita than any other EU country, but will now be curbing the number of asylum seekers reaching the country by doing no [...]
Uber vs London Taxi Drivers’ Association: Sajid Javid knows the benefits of enterprise

November 24, 2015

One should never assume that a Secretary of State for Business will be, by nature, pro-business. Fortunately, the current occupier of the role, Sajid Javid, most definitely is. He possesses an instinctive understanding of the benefits of enterprise, competition and innovation. This perspective is doubtless the product of having witnessed his immigrant father save enough money [...]
UK startups: We need to weaponise Europe’s diversity to ensure its digital future

November 24, 2015

Attempts are being made to knit Europe’s rich tapestry of 28 national ecosystems together into a single digital market to create a more robust, borderless breeding ground for the European web giants of the future. If the EU pulls it off, the regulatory and legislative framework that has anchored but at times hindered the continent will be lifted [...]
Carl Icahn just bought a seven per cent stake in Xerox, sending the struggling printer company’s share price soaring

November 23, 2015

Carl Icahn just bought a seven per cent stake in Xerox, the billionaire investor revealed late this evening. Xerox shares leapt over 10 per cent on the news that Icahn had bought 8.2m Xerox shares for $86.5m, according to a filing with the US Securities and Exchange Commission. Calling the shares “undervalued”, Icahn said in [...]
Fever pitch: Pfizer and Allergan $160bn pharma mega-deal makes 2015 a record-smashing year for global M&A

November 23, 2015

Global mergers and acquisitions have soared to an all-time high, pushed into the record books by the largest pharmaceuticals deal in history. The total value of worldwide M&A hit $4.2 trillion (£2.8 trillion), according to figures from Thomson Reuters, overtaking 2007’s previous record high. Pfizer’s $160bn merger with Ireland-based Allergan became the latest mega-deal to be confirmed [...]
EIA: US oil reserves hit a 43-year high as WTI and Brent crude oil prices continue to fall

November 23, 2015

The US’ oil reserves rose to its highest point since 1972 last year, but plunging prices are likely to start weighing down the record-high reserves. Oil reserves soared by nine per cent in 2014, to 39bn barrels, according to US energy forecaster Energy Information Administration, which also found that natural gas reserves hit an unprecedented [...]
The UK property market’s secret north-south divide: It takes three times as long to sell your house in London’s Kensington or Mayfair than in Carlisle or Glasgow

November 23, 2015

Selling a house in London? Good luck: it’s likely to take you three times as long as the average house sale in northern Carlisle, according to new figures revealing a different kind of north-south divide in the UK’s property market. House sellers in Carlisle, Cumbria, can expect to seal the deal after just six viewings. [...]
Black Friday 2015 shoppers beware: Cybercrime and online fraud cost the UK over £16m last Christmas – and Black Friday and Cyber Monday are the worst days of all

November 23, 2015

Christmas spirit? Forget it: When it comes to cybercrime, online fraudsters are the biggest Grinches of all. Online shopping fraud over the holiday season soared by 42 per cent last year, with £16.4m lost to cyber criminals according to statistics from the City of London police compiled by non-profit organisations Get Safe Online and Action [...]
John Lewis, Amazon & Lush: UK shoppers’ favourite retailers revealed as Black Friday 2015 draws near

November 23, 2015

Amazon, John Lewis and Lush are UK shoppers’ favourite retailers, according to a new ranking showing that customer service has beat out price to become our top priority when shopping. Amazon held the top spot in the hearts of the 10,000 shoppers surveyed by OC&C for its annual Retail Propositions Index, with an approval rating [...]

Two top flight clubs in same league to be owned by same firm after major sport decision

Premier League’s smallest stadium gets approval to begin £90m rebuild

This hotel on the Elizabeth Line is 30 minutes from London but feels totally remote

By: Clara Guibourg

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