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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House building rises at fastest rate since 2008

November 21, 2013

The last three months have seen the fastest rate of house building since 2008, according to the Department for Communities and Local Government (DCLG). 32,230 homes were started between July and September of this year. Over the past 12 months, housing starts rose 16 per cent compared to the previous year, from 101,280 to 117,110. [...]
Manufacturing sector growth strongest in 18 years

November 21, 2013

Growth in manufacturing output is at its strongest since 1995, according to the latest industrial trends survey from the Confederation for British Industry. 36 per cent of firms reported that total order books were above normal in November. 25 per cent said they were below, which gave a balance of 11 per cent, last seen in [...]
Eurozone recovery losing steam in wake of falling PMI

November 21, 2013

The purchasing managers' index for the Eurozone fell in November from 51.9 to 51.5, marking the second consecutive monthly fall. The dip was largely unexpected, with consensus predicting a small increase to 52. The service sector index dropped from 51.3 to 51.5, reaching a three-month low. The manufacturing index was up from 51.6 to 50.9, [...]
French farmers block Paris highways with tractors in tax revolt

November 21, 2013

French farmers are blocking highways around Paris in protest of punitive taxes and plans to reform European agricultural subsidies. The Paris tractor blockade comes only weeks after violent protests in Brittany led to the postponement of the so called "ecotax" by six months. The ecotax would be levied on vehicles carrying more than 3.5 tonnes. [...]
UK public sector borrowing falls in October

November 21, 2013

In October the UK public sector borrowed £8.1bn – £200m less than in October 2012. October's figure puts the public sector net debt pile at £1.207 trillion, equivalent to 75.4 per cent of GDP. The Office for National Statistics (ONS) reported that public sector net borrowing was £115bn in 2012/13, 3.5bn lower than in 2011/12. [...]
Mothercare returns to profit for first time since 2010/11

November 21, 2013

Mothercare has reported underlying profit before tax of £2m, putting the mother and baby specialist back in the black for the first time since 2010/11. UK sales were down 1.4 per cent – better than the 3.4 per cent decrease seen last year. The retailer said: "We continue to target a return to profit in [...]
Emission control technologies drive strong performance for Johnson Matthey

November 21, 2013

Chemicals and precious metals company Johnson Matthey has posted strong results for the six months ended 30 September. Profit before tax rose by 12 per cent, from £180.1m in the same period last year to £202.1m. The company warned, however, that the expiration of its long standing arrangements with Anglo American Platinum Limited on 31 [...]
Network Rail ups investment by 33 per cent to £2.74bn

November 21, 2013

Network Rail revealed this morning that it invested £2.74bn in the first half of 2013 – a 33 per cent increase on the same period last year, and 53 per cent more than just four years ago. Finance director Patrick Butcher said the railway is undergoing its "biggest sustained investment programme since Victorian times." Capital [...]
Rolls Royce bags $138m Petrobras service contract

November 21, 2013

Rolls Royce has been awarded a $138m (£85.78m), five-year services contract by Petrobras, the deep water oil and gas exploration and production company, to support its oil production activities off the coast of Brazil. The Long Term Service Agreement contract has a potential value of up to $220m (£136.77m) over the five-year renewal period. (Release) [...]
What you need to know before the open – 21/11

November 21, 2013

Europe is set to open lower this morning as speculation mounts over the US December taper. ETX Capital #morningcall: FTSE100 off 23 points, the DAX lower by 45 points and the CAC40 off by 20 points — ETX Capital (@ETXCapital) November 21, 2013 The Fed October meeting minutes, release last night, hinted that [...]

First real estate float on challenger stock market Aquis

KSI takes stake in Dagenham and Redbridge and vows to bring back glory days

Psst… This is how to ski Les 3 Vallées without the crowds

By: Harriet Green

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