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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Sutherland says there is no place for negative views on migration in civilised society

January 23, 2014

Peter Sutherland, the non-executive chairman of Goldman Sachs, has launched a vehement attack on political parties who, as far as he's concerned, deliberately misrepresent the facts about migration. Speaking at the World Economics Forum in Davos as part of the panel discussion "Immigration, welcome or not?", Sutherland accused migration naysayers of having perceptions that are "totally [...]
2 more gold miners slash production – What will 2014 bring for them?

January 23, 2014

Last year gold prices tumbled 28 per cent – the worst fall in thirty years – and the slump in the price of the yellow metal is hitting this year’s output. Production costs are flooring and, in response, miners around the world have slashed costs, delayed new work and hedged. Today, two Russian gold miners – [...]
Free trade and less government says Australia’s Abbott

January 23, 2014

Tony Abbott, the Australian prime minister, has been championing small government, private business and free trade. Speaking at the World Economics Forum in Davos, Abbott said the global economic crisis was “not a crisis of markets but one of governance”, adding that “better governance does not mean more government”. The prime minister pledged to use [...]
Estimated crimes in UK hit 32-year low

January 23, 2014

Crime is falling in Britain, according to figures from the Office for National Statistics. The downward trend in crime numbers continued last year, with the police recording 3.7m offences in the year ending September 2013 – that's three per cent down on a year earlier. Household crime dropped by 10 per cent in the year [...]
Pearson trading warning sees biggest share dive since 2002

January 23, 2014

UK-based education and publishing company Pearson said that it is still facing tough trading this year. Shares in the FT publisher have fallen seven per cent this morning – the worst daily slide since 2002. They’re currently down 7.5 per cent at £1.22p. Operating profit was approximately £865m before restructuring charges, said the company. Net [...]
SSE suffers falling customer numbers ahead of price cut

January 23, 2014

Energy company SSE has confirmed it will cut its household energy prices on 24 March. The confirmation was made in the company's interim management statement and follows the government's announcement of a consultation on reducing environmental charges for energy firms. Alistair Phillips-Davies, SSE chief executive, said: December's decision by the UK government to make changes [...]
China’s factory sector contracts for the first time in six months

January 23, 2014

Asian stocks dipped in Thursday trading, after an unexpected contraction in China’s factory activity in January. HSBC’s flash manufacturing purchasing managers’ index came in overnight at 49.6 from 50.5 in November and below expectations of 50.6. The number hails the first contraction in six months, as new orders declined and exports stayed soft. On [...]
What you need to know before the open – 23/01

January 23, 2014

After disappointing PMI numbers from China, Europe is expected to open lower today. In focus are European January manufacturing and services PMIs, with predictions that France's will continue to show contraction in economic activity, while Germany will continue to improve. The broader European measure is expected to signal growth in manufacturing and services across the [...]
Any Other Business – 23/01

January 22, 2014

IT’S OFFICIAL, the person behind @GSElevator, one of the greatest spies to come our way since 007, has got themselves a book deal. The anonymous tweeter, who claims to give the world snippets of conversations from the Goldman Sachs elevator, has wrangled a deal with publisher Simon & Schuster. The title currently being bandied about is: [...]
The IPO prospectus that gives you a new definition of clubbing

January 22, 2014

Magnum, a chain of three Hong Kong nightclubs, is launching an initial public offering tomorrow. Obviously, briefing prospective investors beforehand is, as with any business, paramount, and Magnum has left no stone unturned in its prospectus. The document includes a definition of nightclubs, highlights the popularity of the Jagerbomb and describes how, on occasion, [...]

Borrowing costs surge as market bets on future Bank of England rate hikes

Google and Apple can give Team GB Lottery-like boost up medal tables

Claudia Winkleman’s new chat show is here… So what happened to the great British talk show?

By: Harriet Green

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