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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RBS could face criminal probe in wake of SME allegations

November 27, 2013

Embattled RBS could face a criminal investigation, as news comes that the Serious Fraud Office (SFO) may be planning one, following government adviser Lawrence Tomlinson's claim that the bank forced small and medium-sized businesses into difficulties in order to make a profit from stripped assets. According to five unnamed sources cited by the FT, the [...]
Compass announces £500m share buyback as profits climb

November 27, 2013

The world's largest caterer, Compass, has announced plans to return £500m to investors through a share buyback next year, along with its full-year results. Underlying profit before tax was £1.2bn, up 9.2 per cent from a year ago, in line with expectations. Shares are up over 1.5 per cent in trading this morning. The [...]
Tesco confirms completion of Fresh & Easy sale

November 27, 2013

Tesco has confirmed the completion of the sale of most of its Fresh & Easy grocery business to YFE Holdings. YFE is an affiliate of Yucaipa, which said in a statement that customers can expect to see "many exciting changes in the coming weeks" when it comes to the stores. The sale was initially announced on [...]
United Utilities discounts prices as profit rises £29m

November 27, 2013

United Utilities, the UK's largest water company, saw first-half underlying operating profit rise £29m to £343.2m, from £314.7m last year. The company said it will use a £75m tax rebate to provide a £20m customer discount, offsetting the allowed real price increase for 2014/15. Revenue increased to £853.3m, from £822.9m a year ago. This, said [...]
What you need to know before the open – 27/11

November 27, 2013

Data will be coming in pretty thick and fast for the UK and US today, although we're not expecting any surprises as far as UK GDP goes. US trading is expected to be pretty light today, ahead of the Thanksgiving break tomorrow. Rising military tension between China and Japan prompted mixed reactions on Asian markets, [...]
Any Other Business – 27/11

November 26, 2013

DAVID Cameron was guest of honour at the British Curry Awards on Monday evening, telling a packed Battersea Evolution centre that he would do more to help the industry flourish. The Prime Minister also proved that politics isn’t the only place he diverges from his Labour counterpart; after Ed Miliband revealed on Desert Island Discs [...]
US manufacturing sector strengthens on shipments and new orders

November 26, 2013

The US manufacturing industry looked more upbeat in November, with the Richmond Fed manufacturing index coming in at 13, up from 1 in October and sailing past the expectation of 3. Shipments and the volume of new orders both rose over the month, with employment, average workweek and wages also picking up. Capacity utilization [...]
RBS to spin off stake in third-party investment arm

November 26, 2013

In a continued effort to consolidate its non-core businesses, RBS is in talks to spin off one of its last-remaining investment arms, reports Sky News' City editor Mark Kleinman. The RBS Special Opportunities Fund (SOF) could be handed over to the lender's management team, with a deal finalised by the end of the year. The [...]
Tiffany’s sparkling results see jeweller raise forecast again

November 26, 2013

Tiffany & Co saw third quarter net earnings surge 50 per cent to $95m (£58.7m), beating the Wall Street prediction of $74.9m (£46.3m) and leading to the company raising its annual earnings forecast for the second time in three months. The world's second-largest jeweller was boosted by growing sales in Asia, where they soared 27 per [...]
Independent Scotland would keep the pound and renationalise Royal Mail

November 26, 2013

The Scottish government has unveiled its blueprint for independence, ahead of the Scottish referendum in 10 months time. The government's 649-page, 170,000-word White Paper confirmed its plans to keep sterling as Scotland's currency, reduce corporation tax by three per cent and to stop the roll-out of welfare reforms. Independence would also see Trident got rid [...]

Monzo slammed for ‘shaming’ end of year reviews

Fifa’s credibility is shot because it can’t decide what it wants to be

Ford Mustang Sutton CS800DH review: Taming a wild horse

By: Harriet Green

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