By: Harriet Green

I am City A.M.'s deputy business features editor. I look after the Entrepreneurs page, Alternative Finance and our Office Politics section. I also help out with the Forum, running our daily debate. I have a special interest in distributed ledger technology. Prior to working at City A.M., I ran a social enterprise.

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InterContinental shares sink on Mark Hopkins hotel sale

February 18, 2014

Intercontinental Hotels Group has said it's more and more optimistic about 2014 as it posted a near-ten per cent increase in profit. But the Crowne Plaza and Holiday Inn owner also said this morning that it’s selling another landmark hotel – the Mark Hopkins in San Fransisco, for £120m (£71.7m). The cash sale is to Woodridge [...]
Drax Group shares rise despite 83pc profit plunge

February 18, 2014

Drax Group, Britain’s largest coal-fired power station which is set to become one of the world’s biggest renewable generators, has reported a whopping 83 per cent drop in statutory profit before tax – from £190m to £32m – for 2013, because of rising carbon costs. Underlying earnings per share fell 32 per cent to 35p [...]
Poundland confirms IPO

February 18, 2014

High street discounter Poundland has finally confirmed this morning that it intends to float on the London Stock Exchange. The offer will comprise a partial sale of funds by Warburg Pincus, Poundland’s private equity owner, and a free float of at least 25 per cent of the issued share capital. Poundland said admission is expected [...]
What you need to know before the open – 18/02

February 18, 2014

European equities are expected higher today, with investors banking on affirming economic sentiment data, in the form of Germany’s ZEW survey. Also in focus is UK inflation data at 9.30 this morning. In Asia, Tokyo stocks jumped 3.1 per cent – their best session since August – after the Bank of Japan confirmed it’s keeping [...]
ING staff watch video about their new home

February 18, 2014

STAFF at Dutch bank ING’s London office were left in little doubt last week about how close their new offices are going to be when they move in 2016. Lucky employees were treated to a video presentation that showed someone walking out of their current office at 60 London Wall, turning left, then left again [...]
FTSE pulls Europe higher as Hammerson figures delight investors

February 17, 2014

As we head towards the close, the FTSE 100 is up 75 points, leading European bourses higher. With US markets closed, and tomorrow’s inflation numbers failing to squash enthusiasm, the FTSE has sailed higher today, topping the 6700 level. Alastair McCaig, market analyst at IG, comments: It is not often that Europe struggles to keep [...]
Germany and France move to resuscitate transaction tax plan

February 17, 2014

Germany and France are moving to spearhead a revival of the European transaction tax – or so-called Robin Hood tax – reports Reuters. The two countries are due to hold a joint cabinet meeting on Wednesday, where the plan will probably be discussed. Instead of worldwide, pan-European or even euro area coverage, it'll likely now [...]
What you need to know before the US open – 17/02

February 17, 2014

The dollar’s dropped to six-week lows today, in the wake of weaker-than-expected US data. The fall in January manufacturing output, out last Friday, has seen some investors re-assess their expectations for the speed at which the Fed will taper. It edged up against the yen after data showed the Japanese economy grew just 0.3 per [...]
Libor case sees 3 ex-Barclays employees charged

February 17, 2014

The Serious Fraud Office (SFO) has confirmed that three former Barclays employees have been charged in the UK in connection with the manipulation of the London Interbank Offered Rate (Libor). The SFO’s named the individuals as Peter Charles Johnson, Jonathan James Mathew and Stylianos Contogoulas. It’s alleged they conspired to defraud between 1 June 2005 [...]
There’s a smoking advert on British TV for the first time in 20 years

February 17, 2014

Big Tobacco is back – but not quite as you remember it. British TV will see its first advert from a tobacco company in 20 years – and it’s for British American Tobacco’s (BAT) e-cigarette. The ad for Vype – BAT’s first UK e-cigarette – will be broadcast on television over the next two months. [...]

FTSE 100 Live: Retail sales fall; Trump turns up heat on JP Morgan

William Hill Vegas Free Spins – 200 Free Spins for 2026

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

By: Harriet Green

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