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.

All 2075 Articles

Telefonica sees profits fall as Spanish market remains weak

November 8, 2013

Spanish O2 operator, Telfonica, has posted a nine per cent fall in net profit over the nine months to 30 September. The Spanish telecoms giant struggled against poor domestic market conditions and weakening Latin American currencies. Revenue declined by €3.14bn (£2.62bn) and operating income before depreciation and amortization fell by 10.7 per cent to €14.1bn [...]
Rolls Royce big riser on FTSE after raising guidance

November 8, 2013

Rolls Royce is one of the FTSE100's biggest risers this morning, after it raised its guidance in Defence Aerospace but lowered it for its Marine division. In the former, it expects to see modest growth, but the latter's underlying profit is predicted "broadly flat" for the full year. (Release) The jet company is one of [...]
Bovis Homes’ 45 per cent reservations increase boosted by Help to Buy

November 8, 2013

Bovis Homes has reported an impressive 45 per cent like-for-like increase in reservations, at 2,390 in the 44 weeks to 1 November 2012. The strong growth was, said the housebuilding company, boosted by access to "higher loan to value mortgages and Government support in the form of the Help to Buy scheme contributing to an already [...]
Ofwat rejects Thames Water eight per cent price hike

November 8, 2013

Water regulator Ofwat has prevented Thames Water from increasing its prices by eight per cent, or £29, for 2014-15. Regulation officer, Sonia Brown said: We said we would challenge Thames' application, in the interests of customers. We did just that and on the evidence provided we are not convinced that an extra bill increase is [...]
What you need to know before the open – 08/11

November 8, 2013

Losses in both the US and Asia, after Twitter's strong debut onto the New York Stock Exchange sparked fears of a brewing tech bubble, will see the FTSE100 open -35pts at 6660, says Mike van Dulken, head of research at Accendo Markets. Morning call: we are calling the #FTSE +7 at 6753. — DavidMadden_IG (@DavidMadden_IG) November [...]
IAG sees profits up as Iberia makes steady progress

November 8, 2013

International Airlines Group (IAG) – the British company formed by merging British Airways and Iberia Airlines in 2011 – has reported third quarter operating profit of €690m (£574.89m), from €270m for the same period last year. The profit jump comes as Iberia's restructuring programme sees progress. (Release) In October, Iberia unveiled its new corporate image [...]
Advisor to Institute of Directors calls for plan B on energy

November 7, 2013

Dan Lewis, an energy policy advisor to the Institute of Directors and chief executive of the economic policy centre, has said the UK needs a plan B with regard to energy policy. Problems, he said, come when the value of how environmentally-friendly something is is put first. Speaking to CNBC, Mr Lewis said: "what we [...]
Twitter shares debut at $46 on the New York Stock Exchange

November 7, 2013

Twitter has made a staggering market debut on the New York Stock Exchange, up over 73 per cent on its initial public offering, at almost $46 (£28.70) per share. Twitter priced its initial public offering (IPO) at $26 (£16.17) per share late last night. Yesterday, IG's grey market had a mid-price of $23.75bn (£14.77bn), implying a [...]
G4S to face more competition declares Francis Maude

November 7, 2013

In a speech to analysts on Thursday, Cabinet Office minister Francis Maude has said that G4S and Serco will face increasing competition from domestic and international companies. Francis, speaking this afternoon said: There will be new entrants coming into that market, both international players but also new entities coming into existence and suppliers who currently [...]
Pharmaceuticals company Shire to slash 180 UK jobs

November 7, 2013

UK pharmaceuticals company Shire will be reducing its staff numbers by up to 180, as part of its reorganisation plan. The job losses will be concentrated at the company's Basingstoke office. The "One Shire" programme is intended to simplify the business. Shire will be consolidating their three autonomous divisions into one business operation. Phil Vickers, [...]

Nearly 1m young Brits not in work as Reeves told to help youth

Best Horse Racing Betting Sites in the UK February 2026

London is the best food city in the world – here are 3 reasons why

By: Harriet Green

All 2075 Articles

Subscribe