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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Ofgem sends back electricity providers’ cost cutting plans

November 22, 2013

Ofgem has rejected the price plans of five out of six electricity distributors. The UK's energy regulator said that the plans "did not sufficiently demonstrate value for consumers." A plan from Western Power Distribution (WPD) was the only one to be approved by Ofgem, out of the six companies that submitted new cost cutting plans [...]
What you need to know before the open – 22/11

November 22, 2013

After another record close for the Dow yesterday, Europe is set to open higher, as consensus is that tapering looks more likely for the New Year than December. #FTSE called 10 higher this morning. #EURUSD has rallied to resistance at 1.3490. #Gold has been steady overnight around 1245. Morning all! — FuturesTechs Updates (@FuturesTechs) [...]
Paul Flowers arrested in connection with drug allegations

November 22, 2013

The former chairman of the Co-op Bank has been arrested on suspicion of supplying drugs, police have said. West Yorkshire Police said in a statement that the 63 year old was arrested by officers in the Merseyside area last night. "He has been taken to a police station in West Yorkshire where detectives will continue [...]
German GDP in line with expectations as construction picks up

November 22, 2013

The Eurozone's powerhouse economy gained 0.3 per cent in the third quarter, in line with expectations but marking a slowdown from the second quarter's 0.7 per cent growth. Year-on-year, third quarter growth was unchanged at 0.9 per cent. Berenberg's Christian Schulz comments that "a strong surge in investment was the key driver of Germany’s Q3 [...]
Any Other Business – 22/11

November 21, 2013

With their palaces, titles and crowns, it can be tempting to assume that British royalty just aren’t like us. But the Queen herself proved otherwise yesterday as she took a trip to the View from the Shard to grab a bird’s eye view of London from the 69th floor of Europe’s tallest tower. After perusing [...]
Northern Ireland has highest government spend per head in UK

November 21, 2013

Government spending in the UK was about the same in 2012/13 as it was in 2011/12. Out of just under £560bn spent in 2012-13, England accounted for £456bn, Scotland £54bn, Wales £30bn and Northern Ireland £20bn. When it comes to spend per head, Northern Ireland topped the chart at £10,876 – 124 per cent of [...]
US manufacturing orders highest since March

November 21, 2013

Conditions in the US manufacturing sector appear to be picking up. Markit's flash estimate purchasing managers' index for manufacturing in November has come in at 54.3, exceeding the 52.4 consensus estimate and October's 51.8. Readings above 50 imply economic expansion.
Upbeat US jobless claims may not last

November 21, 2013

US jobless claims fell last week to 323,000, their lowest in two months and below the expected 335,000, from 344,000 the week before (revised from 339,000). Jobless claims refer to the number of people signing up for unemployment benefit for the first time. Continuing jobless claims were at 2.876m, however – higher than the expected [...]
L’Oreal to create “sixth continent” with travel retail division

November 21, 2013

L'Oreal has created a new travel retail division to utilise growing markets in areas such as China and Brazil. The world's largest cosmetics company is hoping to tap into a fast-growing middle class, which is increasingly taking the opportunity to travel and purchase luxury products. Chief executive officer Jean-Paul Agon said the travel retail division [...]
What does the Third Plenum mean for China’s growth?

November 21, 2013

Last week, China's much-anticipated Third Plenum published a raft of policy reforms. Most notably, plans to loosen China's one child policy, abolish its notorious labour camps, encourage more private investment in state-owned enterprises, push through more rural land reforms, and advance more financial reform by liberalising interest rates and capital accounts. Although the reform package [...]

Iran vows to never surrender following US demand

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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