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 – 16/12

December 15, 2013

KPMG is celebrating a 27 per cent jump in UK profits today but The Capitalist can’t help but wonder if chairman Simon Collins might be disappointed with his £2.4m pay package, after spotting him moonlighting as a barista in the firm’s cafe on Friday. It turns out Collins wasn’t supplementing his pay but was raising [...]
Iron ore prices are set to crash by 40pc. Here’s why

December 13, 2013

Demand for major commodities was strong this year, but supply topped it. When it came iron ore, demand outweighed supply on a relative basis because it was stronger and there was marginal shortage in the market, but many analysts don't expect that to remain the case. By 2015, Goldman forecasts "major oversupply" of iron ore, [...]
What you need to know before the open – 13/12

December 13, 2013

Concerns over Fed action next week rumble on, with US stocks hitting a for-week low yesterday and things look little brighter for European bourses this morning. No respite for investors at European opening – So little joy, as fear of the unknown (QE) undermines confidence – FTSE -9, DAX -8, CAC -2 — David [...]
RSA Insurance chief Simon Lee quits amid Irish problems

December 13, 2013

RSA Insurance have said this morning that group chief executive Simon Lee has stood down with immediate effect. His resignation comes with the news that the beleaguered firm needs to inject a further £130m of capital into its Irish business, in addition to the £70m previously announced. The statement released by RSA today said that [...]
Capita picks up government tagging contracts after Serco and G4S scandal

December 12, 2013

Outsourcing group Capita will be assuming responsibility for the government's so-called tagging contracts for monitoring prisoners, Justice secretary Chris Grayling said today. The coalition plans to introduce state-of-the-art satellite tagging, which'll save time and money when it comes to tracking criminals, and policing, it says. The statement confirmed that the Ministry of Justice will have [...]
How much is a Co-op Group chairman worth?

December 12, 2013

£1. Former City minister Lord Myners has been brought in by the embattled Co-op Group to help reverse its fortunes, and he told BBC Radio 5 live that he would be paid £1 a year for his work. His role as senior independent director will mean he oversees a governance review for the group. Its [...]
Sports Direct is on a winning streak. Here are 3 things it’s doing well

December 12, 2013

High street retailer Sport Direct has delivered better-than-expected results this morning, with strong online and international expansion, particularly in Europe, driving growth. Active in 19 countries, and with 400 stores in the UK, the Slazenger and Dunlop owner has seen rapid growth over recent years, in part due to the demise of competitor JJB Sports. [...]
Here’s what you need to know about changes to Ofcom’s call charges

December 12, 2013

The Office for Communications (Ofcom) is ringing the changes when it comes to the cost of calling businesses and services. Call charges are going to become clearer for consumers, said the regulator, as it announced "major changes to telephone charges" this morning. The changes will come into effect in June 2015, allowing adjustment time for [...]
What you need to know before the open – 12/12

December 12, 2013

Another low start for Europe this morning, after US stocks dropped to their lowest in four weeks on taper fears. Asian markets too were subdued by the same uncertainty. The Nikkei share average dropped for a third day to a one-week low in trading today. We do have some European data this morning, but the [...]
Here’s how we’re changing our spending habits in post-crisis Britain

December 11, 2013

(ONS) Latest figures from the Office for National Statistics (ONS) show that households spent an average £489 per week last year. They also show where we scrimped and splurged compared to pre-recession 2006, when average spend was £526.40. (All 2006 and other pre-2012 figures are adjusted for inflation.) Here are some interesting changes: Housing, fuel, [...]

‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain

Manchester City: Sheikh Mansour faces calls for ban from English football over UAE links to genocide

The watch podcast disrupting the ‘pale, male and stale’ image

By: Harriet Green

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