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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Serco shares plummet as contractor faces lower profits in wake of government investigation

November 14, 2013

Serco has warned that profits for 2013 may be lower than expected and earnings for 2014 will be lower than 2013. The company has suffered a sharp fall in its share price of over 10 per cent this morning. Serco's problems have been magnified due to an investigation launched by the Serious Fraud Office (SFO) [...]
Italian GDP falls in third quarter, in line with forecasts

November 14, 2013

The Italian economy contracted 1.9 per cent in the third quarter when compared to a year ago, according to a flash GDP estimate, which was in line with expectations. Second quarter GDP was revised down from -2.1 per cent to -2.2 per cent. Quarter-on-quarter, GDP decreased an expected 0.1 per cent, compared to the 0.3 [...]
French GDP contraction piles pressure on government

November 14, 2013

French GDP unexpectedly fell by 0.1 per cent in the third quarter, according to the National Institute of Statistics and Economic Studies.This disappointing fall comes after 0.5 per cent growth was reported in the second quarter. A drop in exports of 1.5 per cent was accompanied by declining corporate investment and and a slow down [...]
Burberry gets revenue boost as it prepares for Ahrendts’ exit

November 14, 2013

Burberry has reported a 17 per cent jump in revenue, to £1,031m, for the six months ended 30 September. The fashion powerhouse, which is readying itself for new leadership under chief creative officer Christopher Bailey, saw adjusted profit before tax of £174m – above original guidance and 2012's £173m. This is the first time Burberry's [...]
Centrica holds onto customers but not profit

November 14, 2013

As anticipated, energy supplier Centrica expects full-year profit for British Gas to be significantly lower than last year, as it says this morning that we are in "unprecedented times for the energy sector" and market conditions "remain challenging". It residential energy supply margin will also be hit and is expected to be "slightly lower than [...]
What you need to know before the open – 14/11

November 14, 2013

Europe is set to open higher this morning after US markets saw a record close and Fed chair elect Janet Yellen's dovish remarks to the Senate Banking Committee last night. dunno how Republican Congressmen will feel about her but markets have a crush on Janet Yellen. — kit juckes (@kitjuckes) November 14, 2013 Yellen [...]
Germany sees growth slow in third quarter

November 14, 2013

Germany's economy slowed in the third quarter, in line with expectations. In a flash estimate released by the federal statistics office, GDP increased by 0.3 per cent in the three months ended in September, down from 0.7 per cent growth in the second quarter.
Bitcoin reaches all-time high of $402

November 13, 2013

Virtual currency Bitcoin has climbed to an all-time high of $402 (£252) on the Mt. Gox exchange. Much of the recent surge has been attributed to Chinese demand where BTC China, the leading Chinese Bitcoin exchange, surpassed Japan-based Mt. Gox. On Tuesday Cameron and Tyler Winklevoss (pictured), who famously sued Mark Zuckerberg over the origins [...]
Pictures: Motorola unveils the new Moto G for a very cheap £135

November 13, 2013

Motorola has unveiled its new Moto G and, at £135, it's less than a third of the price of an iPhone 5. Moto G is Motorola's first UK smartphone since it was acquired by Google, and following the American Moto X. The new device, said Motorola at its launch this afternoon, "is a smartphone with [...]
Barclays’ Hector Sants resigns after taking sick leave

November 13, 2013

Sir Hector Sants, head of compliance at Barclays bank and former chief of the Financial Services Authority, has resigned, after taking leave in October due to stress and exhaustion. Chief of operations and technology officer, Shaygen Kheradpir will also be leaving for a CEO position at a US company. In a statement released on Wednesday, [...]

Burnham would ‘probably’ have won by-election, says Powell

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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