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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Cable & Wireless sees mobile growth across the board

November 7, 2013

Multinational telecommunications company Cable & Wireless saw shares climb slightly this morning after it posted a mobile revenue increase of three per cent, with growth across all regions, in its half-yearly report. (Release) For the six months ending 30 September, group revenue was down three per cent to $935 million (£581.6m), but mobile data revenue [...]
Bumper sales for Superdry owner Supergroup

November 7, 2013

Fashion retailer Supergroup has announced more cracking results this morning with an 18.5 per cent increase in second quarter sales to £116.6m. This takes first half sales to £191.6m, a rise of 21.1 per cent from last year. The company said the boost was due to a strong trading performance, in line with managers' expectations. [...]
Halfords shares rocket as cycling and car maintenance push up profit

November 7, 2013

Halfords Group has posted strong like-for-like revenues for its retail arm but a decline for its autocentres, in its half-yearly report. Shares have spiked on the news, up over nine per cent this morning. (Release) The second quarter saw like-for-like revenue for retail increase by 7.7 per cent but like-for-like revenue from autocentres down 2.1 [...]
Aviva sees new business growth but says performance was satisfactory

November 7, 2013

Aviva has announced this morning that it saw new business growth in its third quarter, although operating capital generation was £1.3bn – the same as last year. Performance, the insurance giant said, has been "satisfactory" but in line with its plan for "cash flow plus growth". Shares have climbed down this morning on the news. [...]
A soft beverage season in the US sees Tate & Lyle profits fall

November 7, 2013

Tate & Lyle saw a six per cent drop in pre-tax profits in the first half of this year which, it says, was due to a "soft beverage season in the US". (Release) Operating profit was £176m in the six months to 30 September, down from £186m last year. Profit before tax declined £10m from [...]
Coca-Cola bottler sees sales dip on difficult market conditions

November 7, 2013

Coca-Cola's second largest bottler – Coca-Cola Hellenic Bottling Company – has reported profit before tax of €194.0m (£163m) in the three months to 27 September. In the same period last year, profit stood at €186.1m (£156.5m). (Release) Volume declined by three percent in the quarter, down four per cent in emerging markets and two per cent in developing [...]
What you need to know before the open – 07/11

November 7, 2013

A couple of things of note today. We've got US GDP and, at the same time, European Central Bank president Mario Draghi will be speaking. The press conference will be interesting in terms of what Draghi has to say, after the mounting speculation as to whether the bank will cut rates today or hold off [...]
Morrisons sales down as store loses out in convenience and online shopping

November 7, 2013

Morrison Supermarkets saw like-for-like sales down 2.4 per cent in the 13 weeks to 3 November, with "subdued" consumer confidence being paired with the store's "low exposure" to the key growth areas of convenience and online. Including fuel, sales were down three per cent. Chief executive Dalton Philips commented that the market is "tough". (Release) [...]
Call of Duty: Ghosts smashes onto shelves with $1bn of sales

November 6, 2013

Video game Call of Duty: Ghosts has seen a staggering £620m (that's over $1bn) of retail sales on its first day, according to the games publisher. The game went on sale at 15,000 locations around the world at midnight last night. The figure refers to "sell-in" to retailers – it doesn't correspond to a "sell-through" [...]
Niesr estimates GDP growth in three months to October but pace is slower

November 6, 2013

UK GDP rose by 0.7 per cent in October, marking another slight slowing in growth after September's 0.8 per cent growth and August's 0.9 per cent. Think tank Niesr released the growth estimate, which is for the three months to October. This morning, we saw industrial production of UK firms rise by 0.9 per cent [...]

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

Emirates boss on Arsenal stadium, leaving F1 and NBA Europe

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

By: Harriet Green

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