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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SSE shares up as supplier raises dividend

November 13, 2013

Energy supplier SSE has published its financial results this morning – the first of the big six to do so since the price hikes. The company, which raised its prices by 8.2 per cent last month, saw a year-on-year profit drop of 12 per cent in the six months to September. Its energy supply business [...]
Sainsbury’s market share at decade high as profits rise

November 13, 2013

Sainsbury's has said this morning that its grocery market share is at its highest in a decade, at 16.8 per cent. The supermarket has seen like-for-like sales growth for 35 consecutive quarters, with profits in the first half of 2013 up seven per cent, at £400m. (Release) Total sales including fuel were up 4.4 per [...]
What you need to know before the open – 13/11

November 13, 2013

With Asian markets closing lower today, European markets are expected to follow suit, as investors await UK unemployment numbers later this morning. With Mark Carney's report following the data, the focus will be on the Bank of England's forecast for growth and unemployment, along with its plans for a rate hike. European opening calls [...]
Vodafone’s build plan promises 77,000 new 4G sites by 2016

November 12, 2013

Vodafone has said today that by March 2016 it'll provide access to 89,000 4G sites, adding 77,000 to its current 12,000. The big network growth push comes as part of the telecom company's Project Spring, a £7bn investment funded by the proceeds of its $130bn (£81.7bn) Verizon Wireless sale. Vodafone announced this morning in its [...]
Italian GDP set for ninth consecutive contraction says chief treasury economist

November 12, 2013

Italian GDP is set to contract by 0.1 or 0.2 per cent in the third quarter, according to chief economist at the Italian ministry of economy and finance, Lorenzo Codogno. A third quarter contraction would mean the Italian economy has shrunk for nine consecutive quarters. Speaking to Reuters, Mr Codogno said he expected growth to [...]
John Lewis confirms new store for Westfield London

November 12, 2013

John Lewis confirmed its plans to open a new store in Shepherd Bush's Westfield shopping mall this afternoon. The four-storey store will be the partnership's fifth in London, will cover 230,000 sq ft and is expected to create 600 new jobs when it opens in 2017. The shop will stock over 350,000 lines and include an [...]
Apple launches Retina-display iPad mini, supply worries begin

November 12, 2013

Apple's Retina-display iPad mini is now on sale, after a surprise launch this morning. Although the news is encouraging – many thought that the delay on the launch, which was expected to be at the end of November, would be longer – there are now worries over supply. Apple said in a statement today that [...]
A new team for “deepening reform” says China’s CPC as it recognises market’s “decisive” role

November 12, 2013

China's CPC has approved a decision to set up a central flagship team for "comprehensively deepening reform", following a four-day meeting which ended on Tuesday. The team will be in charge of designing, coordinating, arranging and pushing forward reform as well as supervising the implementation of the reform plans, according to a statement issued [...]
Wonga appoints co-founder Errol Damelin as chairman

November 12, 2013

Payday loan company Wonga has appointed its co-founder and chief executive officer (CEO), Errol Damelin as chairman of the company. Damelin has been the CEO of the company since its founding in 2006. He will be replaced by chief operating officer, Niall Wass. Jonty Hurwitz, who co-founded Wonga, announced he will retire from the company's [...]
RBS reprivatisation could be sped up by “bad bank”

November 12, 2013

RBS's "bad bank" may speed up the reprivatisation of the state-owned lender, according to James Leigh-Pemberton. Leigh-Pemberton was answering questions from MPs at a Treasury Select Committee meeting this morning, in his role as executive chairman designate of UK financial Investments (UKFI) – the UK body that manages taxpayers' stakes in RBS and Lloyds Banking [...]

Block slashes 4,000 jobs in latest AI warning

Automatic promotion and relegation from Prem Rugby scrapped

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

By: Harriet Green

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