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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Any Other Business – 04/02

February 3, 2014

STAFF at Wonga must be celebrating their move to Camden. New chief executive Niall Wass decided to bring all of the payday giant’s staff under the same roof for the first time and it’s a pretty nice roof too – that of the old Carreras Cigarette Factory, with its stunning art deco facade. Swish! But [...]
You’re probably too old to become a Nobel Prize winner or great inventor, says paper

February 3, 2014

According to Age and Scientific Genius, a paper published by the National Bureau of Economic Research, you’re most likely to make a revolutionary discovery in your 20s and early 30s. But, on the upside, great scientific output doesn't typically peak until middle age. The paper, written by Benajmin Jones and Bruce A. Weinberg, does what it says [...]
Pictures: Janet Yellen sworn in as Fed chair

February 3, 2014

This afternoon Janet Yellen was sworn in as the first female Fed chair in its 100-year history. Yellen was sworn in by Fed governor Daniel Tarullo, the senior member of the Fed’s board.
What you need to know before the US open – 03/02

February 3, 2014

January was a pretty bluesy month for US stocks – their worst since May 2012 – and February looks unlikely to kick off any better. Stocks will track their European counterparts lower, with the S&P 500 expected to open flat. The Dow is expected up 15 and the Nasdaq up two points. Manufacturing data is [...]
Cosmetic surgeries rose 16pc in Britain last year. Here are the 10 most popular

February 3, 2014

Britons are having more plastic surgery. In 2013, 50,122 cosmetic procedures were carried out in the UK, up 16.5 per cent from a year earlier. Figures from The British Association of Aesthetic Plastic Surgeons (BAAPS) show a double digit rise across the board, with liposuction swelling a whopping 41 per cent, boob jobs and face [...]
Regulator issues two interest rate fixing warnings

February 3, 2014

The Financial Conduct Authority (FCA) has issued two warning notice statements today to individuals who were knowingly involved in the manipulation of interest rate benchmarks. Details of the banks the individuals work at have not been disclosed. The first warning is in relation to an individual working as a submitter at a particular bank who, [...]
Here’s how Goldman is gambling on Russian fitness

February 3, 2014

Gym investment is seeing Goldman Sachs raise the bar when it comes to deals it makes in Russia. The bank has upped its investment in an upmarket chain of fitness clubs, World Class, which was founded by a Russian former fencer, reports Reuters. It’s Special Situations Group (SSG) has been bagging modest deals in the [...]
Sainsbury’s takes full ownership of banking arm from Lloyds

February 3, 2014

Sainsbury’s has confirmed it’s taken full ownership of Sainsbury's Bank, having completed buying the remaining 50 per cent shareholding from Lloyds Banking Group. The supermarket announced back in May 2013 that it would acquire the rest of its banking arm, which is now a wholly owned subsidiary of the company. The transaction was completed on [...]
Rexam shares climb on $805m sale

February 3, 2014

British multinational packaging maker Rexam has announced this morning that Montagu Private Equity – a European firm – has agreed to pay $805m (£490m) in cash for its healthcare packaging unit. The deal will see “around £450m” returned to shareholders. The business in question has three divisions. Rexam added that it’s still in discussions over [...]
Smith & Nephew agrees $1.7bn deal for joints specialist Arthrocare

February 3, 2014

Global medical technology business Smith & Nephew has announced an agreement to buy Arthrocare for $1.7bn. The British-based company will acquire the US medical devices company for a total consideration of $1.7bn and an enterprise value of $1.5bn. It’ll pay $48.25 per Arthrocare share in cash. Smith & Nephew said Anrthrocare’s shoulder anchor innovation technology [...]

Consumer confidence collapses as Iran war provokes inflation fears

London Marathon could have 100,000 runners in 2027

Here’s the most beautiful Wetherspoons pub in London

By: Harriet Green

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