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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French football clubs postpone strike over 75 per cent tax

November 14, 2013

The French Employers' Union of Professional Football Clubs (UCPF), has announced that they will postpone a strike planned for the end of November, in reaction to the French government's 75 per cent tax rate on those earning earning over one million euros. Matches scheduled for 29 November and 2 December will now go ahead. However, [...]
US September trade deficit highest in four months

November 14, 2013

The US trade gap widened eight per cent in September, to a greater-than-expected $41.78bn – its highest in four months. In August, it stood at $38.7bn. It was predicted to widen marginally to $38.9bn. Exports declined, with nominal exports dropped by 0.2 per cent month-on-month, while imports increased by 1.2 per cent. Paul Ashworth, chief US [...]
US jobless numbers exceed expectations

November 14, 2013

In the US, the number of people filing for unemployment benefit for the first time last week was 339,000, exceeding estimates of 331,000. The week before it was 341,000. The number of people unemployed and receiving unemployment benefit was 2.874m – the same as the previous week, which was revised up from 2.868m. A flash [...]
Walmart shares fall as world’s largest retailer lowers outlook

November 14, 2013

Walmart shares fell 1.14 per cent in pre-market trading after the company lowered its full year outlook. The retail titan posted poorer than expected revenues for the third quarter, with total revenues increasing by 1.7 per cent to $6.3bn (£3.9bn) and net income rising by 2.8 per cent to $3.7bn (£2.3bn). US comp sales fell [...]
Costa owner Whitbread looks for Habgood successor

November 14, 2013

Whitbread, the owner of Costa Coffee and Premier Inn, is on a hunt for a successor to Anthony Habgood, reports Sky News City editor Mark Kleinman. The FTSE 100 group, which also owns Beefeater and Table Table, has brought in headhunters to find a new chairman. Habgood, who also chairs Reed Elsevier, is likely to [...]
Blockbuster to slash 452 jobs and 72 stores

November 14, 2013

Blockbuster administrators, Moorfields Corporate Recovery, have announced that the DVD and video-game rental chain will be closing 72 stores and axing 452 jobs. In a statement issued on Thursday, the administrators said: This has not been an easy decision to make and we acknowledge that, with Christmas on the horizon, this will be extremely upsetting [...]
Oil not at the end of rollercoaster ride says International Energy Agency

November 14, 2013

The recent fall in oil prices may be a temporary blip, according to the International Energy Agency (IEA). Oil prices fell to their lowest point in five months on Tuesday. However, the IEA said that problems with production in Libya and Iraq will have a significant effect on supply. The oil price rose dramatically over [...]
Surprise fall in UK retail sales hopefully a temporary blip

November 14, 2013

UK retail sales suffered a worse than expected fall of 0.7 per cent in October. Analysts had expected retail sales to remain in line with figures seen in September. Capital Economics' UK economist, Mark Beck, comments: Overall, with recent data showing a robust labour market and October’s faster than expected fall in inflation easing the [...]
Euro area economy expands in third quarter

November 14, 2013

The euro area economy expanded in the third quarter. A flash estimate of Eurozone GDP (seasonally adjusted) came in at 0.1 per cent, just below expectations of a 0.2 per cent rise and after 0.3 per cent growth in the second quarter. Jonathan Loynes of Capital Economics says that the fragility of the Eurozone recovery [...]
Domino’s Pizza appoints Sean Wilkins as chief financial officer designate

November 14, 2013

Domino's Pizza has appointed Sean Wilkins as chief financial officer (CFO) designate. Mr Wilkins will assume his responsibilities as CFO from 18 November, taking over from Lee Ginsberg after his retirement at Domino's annual general meeting in 2014. Mr Wilkins is an international finance director and recently held the position of general manager of Coles [...]

Investors tremble as Iran risks oil price spiral with attack on Strait of Hormuz

UK Sport: We invest £32m in winter sports because Britain cares deeply

Ministry of Sound: ‘industry is on the up’ as it reveals brand new take on The Box

By: Harriet Green

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