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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India hikes interest rates again. Will Turkey be next?

January 28, 2014

As markets jitter from the tumult seen in emerging markets over the last few days, India has made the surprise announcement that it’s raising interest rates in a bid to quell inflation and respond to a vulnerable rupee. The Reserve Bank of India’s (RBI) has raised the benchmark repo rate – the amount at which it [...]
Ukraine prime minister Azarov resigns

January 28, 2014

With Ukrainian MPs set to vote on scrapping a new anti-protest law this morning – in response to the continuing unrest in the country – news that prime minister Mykola Azarov has resigned has just broken. According to Ukraine's government website, the press service of the Cabinet of Ministers of Ukraine has reported Azarov's resignation. He said [...]
F&C shares jump on £708m sale to Canada’s BMO

January 28, 2014

F&C Asset Management, one of Britain’s oldest investment companies, has confirmed the clinching of a deal with Canada’s Bank of Montreal (BMO), which has acquired it for £708m. It's hoped that the agreement will bring some calm to F&C, which has seen a turbulent last few years. Shares are currently trading up four per cent [...]
What you need to know before the open – 28/01

January 28, 2014

A mixed open for European markets today – slightly less jittery after Asian counterparts showed some signs of stability in Tuesday trading. Today’s UK GDP numbers are expected to show that the economy grew 0.7 per cent in the fourth quarter – that’s 2.8 per cent when annualised, which would be the best number since [...]
Carpetright issues second profit warning as Netherlands business wears thin

January 28, 2014

Flooring specialist Carpetright has issued a second profit warning this morning, as its Netherlands arm saw a “further deterioration”, with “extremely difficult economic conditions” persisting in the third quarter (13 weeks to 25 January). It expects full year underlying pre-tax profit to be "below the lower end of current market expectations." Carpetright, which operates in the [...]
Any Other Business – 28/01

January 27, 2014

GREAT British purveyor of wheaty goodness, Hovis, hit the headlines yesterday having had a large hunk of it sold off. But do you know where the name comes from? In 1890, the man behind the bread, Richard Smith, launched a competition to find a name and Hovis, which derives from “hominis vis” or “strength of [...]
US service sector activity hits four-month high

January 27, 2014

More positive signs for the US economy. Activity in the US services sector rose to a higher-than-expected 56.6 in January – the highest it's been since September 2013 – according to a flash estimate from Markit. The services purchasing managers’ index was expected at 56.2 from December’s 55.7. The reading shows continued robust expansion into [...]
Cameron’s red tape bonfire has been left far too late

January 27, 2014

Prime Minister David Cameron has promised today to slash thousands of pages of “crazy” guidance for businesses by up to 90 per cent. Speaking at the Federation of Small Businesses conference, Cameron said that the government will scrap or change more than 3,000 regulations that range from the “serious to the ridiculous”. 80,000 documents of [...]
Ruffled Remy Cointreau names new cognac chief

January 27, 2014

More shakeup for unsettled Remy Cointraeu. The French alcohol company has today announced a top executive from luxury conglomerate LVMH, Eric Vallat, as the new head of its cognac division, Remy Martin. Remy is facing uncertainties when it comes the future, as it struggling with falling sales, due to waning demand in China. Vallat, who [...]
Over half of UK businesses to raise pay this year

January 27, 2014

Over half of UK firms are planning to raise wages over the coming year, according to a study by Barclays. 57 per cent of the 684 businesses surveyed say they’ll up wages, with 39 per cent planning increases across the board. Kevin Wall, co-head of corporate banking origination at Barclays, said: After an extended [...]

Burnham launches bid to stand as Labour MP in by-election

Why authenticity is key to US sport succeeding in Europe

This Soho pub is putting on a ‘problematic’ show about a drunkard

By: Harriet Green

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