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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German unemployment falls by 15,000

January 7, 2014

Good news for Germany as unemployment fell for the first time in five months in December – by 15,000. The jobless rate stayed steady at 6.9 per cent. Expectations were for no fall from November's figure of 10,000. Christian Schulz of Berenberg: Strong labour market data raises the chances of stronger wage growth in 2014 [...]
Topps Tiles’ fortunes follow housing market

January 7, 2014

Topps Tiles, the UK's largest tile and wood floorings specialist, saw a 9.3 per cent jump in like-for-like revenues over the run up to Christmas – in the 13 weeks ending 28 December. For a company that helps people refurbish their homes, how well Topps does is closely linked to the housing market (people do [...]
What you need to know before the open – 07/01

January 7, 2014

Despite another negative close in the US last night, and mixed data from both sides of the Atlantic, it still looks like Europe will open up this morning, matching gains in US stock index futures. From ETX Capital: At 0430 BST today, DJIA futures are trading 24.0 points higher. At 0430 BST today, FTSE 100 [...]
Centrica finance chief moves to Reed Elsevier

January 7, 2014

Publisher and information provider Reed Elsevier has announced this morning that Nick Luff, formerly chief financial officer (CFO) of energy firm Centrica, will be joining its ranks in the same position. In a separate statement, Centrica said that a search for a replacement for Luff is currently underway. Luff has been CFO at Centrica since 2007. [...]
Any Other Business – 07/01

January 6, 2014

Olympic silver medalist Rob Williams has revealed he has his sights on gold, but not in the way you might imagine. The 28-year-old champion rower announced yesterday he won’t be getting back into his Lycra GB suit but instead will concentrate on his career in the City, at Goldman Sachs. He joined the firm in [...]
There’s no such thing as ‘non-academic’ says this one MP

January 6, 2014

Education and childcare minister Liz Truss has challenged the idea of a 'non-academic' child, asking: "What does 'non-academic' even mean?" Echoing the idea put forward by Matthew Syed in his book Bounce, she said that the idea of natural talent determining ability is limiting, and that Britain is losing out to other countries that care [...]
Regulators confirm enforcement probes into Co-op Bank

January 6, 2014

The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have confirmed that they're undertaking an enforcement investigation in relation to the Co-operative Bank. The PRA says it will consider the role of former senior managers, whilst the FCA says that the decisions and events leading up to June 2013 will be looked at. Co-op [...]
TfL is asking for views on upping the congestion charge

January 6, 2014

Transport for London (TfL) has hatched a new plan to raise funds, announcing today that it'd like Londoners' views on some changes to the congestion charge – which it's intending to increase. The daily charge, which has been £10 since 2011, will be upped to £11.50 with the new proposals. The increase will raise around [...]
German inflation accelerates slightly in December

January 6, 2014

German inflation accelerated marginally in December, increasing 1.4 per cent from a year earlier, according to a flash estimate released by the national statistics agency. Europe's largest economy is, however, still falling short of the European Central Bank's target of two per cent inflation, while other countries in the euro area continue to struggle with [...]
China gives private banks pilot the thumbs up

January 6, 2014

A pilot scheme to create three to five private banks has been approved by China's banking regulator, in a bid to up financial support for struggling smaller firms, reports Reuters. The China Banking Regulatory Commission (CBRC) said it would maintain "prudential regulatory standards" when approving private banks. The first would, it said, be set up [...]

Thames Water creditors offer ‘best and final’ rescue funding deal

Why World Cup hydration breaks will push traditional ads to the subs bench

Spirit of Speyside Whisky Festival to drive millions into Scotch sector

By: Harriet Green

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