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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With stunts like this, it’s no wonder we have no faith in politicians

December 5, 2013

With the Autumn Statement within the hour, this morning was obviously an ideal time for Ian Duncan Smith to announce that his Universal Credit programme may be late (i.e. not finished by 2017). The pear-shaped project has been lambasted for "alarmingly weak" management, frittering public money (to the sum of £140m) and a disastrous IT [...]
4 reasons why Europe’s car sector is gaining speed

December 5, 2013

General Motors (GM) said today that it's trimming Chevrolet's European presence. But the outlook for Europe's car sector is pretty good. Chevrolet will no longer have a "mainstream presence" in western and eastern Europe, with GM competing mainly under its Opel and Vauxhall brands. This honing sees Cadillac, by contrast, flourishing – GM is currently finalising [...]
Blockbuster shutdown sees 1,200 jobs axed

December 5, 2013

More than 1,200 jobs are to be lost as Blockbuster shuts up shop, reports Sky News. No buyer has been found for the high street store's 153 shops, meaning administrator Moorfields is to close it down by the end of the year. 62 Blockbusters are set to close over the next few days with job [...]
As passenger numbers grow is EasyJet about to beat Ryanair in the battle for the skies?

December 5, 2013

EasyJet has posted an increase in its passenger numbers for the month of November to 4,255,978. This represents a rise of 3.4 per cent on the same period last year. November's increase in passengers marks further good news for the low-cost airline in stark contrast to Irish competitor Ryanair, which has struggled in recent months. [...]
What you need to know before the open – 05/12

December 5, 2013

Markets await the Autumn Statement this morning, but it's unlikely to impact gilt yields, and we're not expecting a change in the Bank of England's rate decision, either. With 25 minutes to go the FTSE is forecast to start the day -10 at 6500. — David Jones (@DavidJones_IG) December 5, 2013 Japan's Nikkei [...]
Why the latest robot war is much more exciting than who – or what – delivers to your door

December 4, 2013

The battle of earth and sky may be about to become automated, as Google reveals it's taken over seven robotics companies over the last six months. The New York Times reports that, at this stage, the internet titan doesn't plan on selling the products it's developing to consumers. So, suggests the paper, perhaps they'll be [...]
Why one bank is pretty optimistic about Carlsberg

December 4, 2013

Things haven't been all plain sailing for Carlsberg recently, but a re-focus and careful cost savings mean it's still a top pick, according to Bank of America Merrill Lynch (BoAML). In mid-November, the world's fourth largest brewer reported third quarter results that were dragged down by falling sales in Russia – its largest market, which [...]
Regulator slaps record €1.7bn of fines on Euribor banks

December 4, 2013

The European Commission (EC) has confirmed that it's fined eight global banks a total of €1.7bn (£1.4bn) for the rigging of interest rate benchmarks. The penalty is the biggest yet to be imposed on banks. The Commission said that traders at the banks: "discussed their bank's submissions for the calculation of the Euro Interbank Offered [...]
Sage Group shares jump on raised dividend

December 4, 2013

Sage Group reported four per cent growth in underlying revenue, to £1.42bn, buoyed by its cloud-based computer services and in line with forecasts. Sage invested 32 per cent more in its cloud and connected services strategy than last year. The company's investment is timely. The infrastructure-as-a-service battle is heating up. On Monday, Google announced “general availability” [...]
What you need to know before the open – 04/12

December 4, 2013

US markets saw a third day of losses yesterday, vindicating the assessment that investors have been keen to lock in some gains before a slew of key data over the second half of the week. Most shares in Asia slumped in Wednesday trading as tapering fears saw investors cash in gains from recent rallies. However, calls [...]

UK government at risk of grinding ‘to a halt’ amid leadership race drama

London Marathon’s staggering popularity isn’t about running at all

Why now is the perfect time to visit Cyprus

By: Harriet Green

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