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.

All 2075 Articles

Nationwide stands tall with new mutual-friendly capital plan

November 22, 2013

Against the backdrop of the troubles of the Co-op Bank and the scandal of the Crystal Methodist, British mutual Nationwide has announced that it's pressing on with issuing a new kind of share called "core capital deferred shares" (CCDS). The lender has detailed its plan to issue up to £500m of the CCDS, which will [...]
Poland prepares for “radical acceleration” of shale gas revolution

November 22, 2013

Shale gas extraction is to begin in Poland within months, according to the chief executive of United Oilfield Services, Dennis McKee. United Oilfield Services provides equipment for shale gas exploration in Poland and is on course to complete more wells in the country this year than have been completed in the previous five. Speaking to [...]
Amazon contemplates Tube ticket offices as collection points

November 22, 2013

Transport for London is said to be in talks with online retail giant Amazon to convert Tube ticket offices into "drop off" points for parcels. An Amazon Locker is already being trialled at Hammersmith station. The self-service collection points are popping up at pick-up locations across the UK, and are expected to be piloted in other Tube stations [...]
European Commission launches price-fixing investigation into shipping companies

November 22, 2013

The European Commission has launched formal antitrust proceedings against several container liner shipping companies. From 2009, shipping companies generally announced their prices through press releases on their websites and in the specialised trade media. The announcements contain the intended price changes and the date of their implementation, which are broadly similar across the companies. The [...]
Blow for Serco as Yorkshire prisons remain in public hands

November 22, 2013

Troubled outsourcing company Serco has been dealt a fresh blow as the government confirmed that Yorkshire prisons Hatfield, Moorland and Lindholm will continue to be run by the public sector. Serco had been in the leading position to win contracts for the institutions, should they be privatised. The firm remains under criminal investigation, and yesterday [...]
Bank of England appoints three new executive directors

November 22, 2013

The Bank of England has appointed three new executive directors, it said this morning. Jo Place, who has worked for the Bank of most of her career, has been appointed as executive director of human resources, replacing Catherine Brown, who left the Bank in July. Two new executive director roles have been created and will [...]
GlaxoSmithKline announces £25m Scottish expansion

November 22, 2013

Pharmaceutical giant GlaxoSmithKline (GSK) announced on Friday a £25m expansion of its Montrose site in Angus, Scotland. The move is set to create 25 jobs, taking the company's workforce in Scotland to above 750. A further 50 contractors will be employed for the construction phase of the expansion. The non-departmental public body Scottish Enterprise announced, [...]
German business confidence at 18-month high

November 22, 2013

German business confidence is at its highest point for 18-months, according to the Munich-based thinktank, Ifo. The business climate index climbed from 107.4 in October to 109.3 in November – better than had been expected, according to a poll conducted by Reuters. (Capital Economics) The "expectations" part of the survey reached 106.3, beating expectations and [...]
Royal mail failing to meet targets says Ofcom

November 22, 2013

The Office of Communications (Ofcom), has warned recently-privatised Royal Mail that it must meet its delivery requirements if it is to avoid fines. Royal Mail failed to achieve its requirement of 93 per cent delivery of first class letters the day after the they are posted, instead reaching 91.7 per cent. The figures were revealed [...]
Pub food drives Fuller’s revenue increase

November 22, 2013

Independent brewer Fuller Smith&Turner has reported revenue growth of six per cent, reaching £146.3m for the six months ended 28 September. The London-based brewer saw an eight per cent rise in in adjusted profit before tax to £18.1m, with adjusted earnings per share rising nine per cent to 24.79p. The company enjoyed like-for-like sales growth [...]

Vistry: Housebuilder boss quits as output falls

Williams F1 ‘competing with top 50 teams in sport’, says Kenyon

This is low-key the best place to drink Italian wine in London…

By: Harriet Green

All 2075 Articles

Subscribe