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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Costa owner Whitbread sees strong growth despite unimpressive restaurant results

October 22, 2013

Costa Coffee and Premier Inn owner Whitbread has reported strong interim results, with profit before tax up 12.6 per cent at £216.1m and a 12.4 per cent revenue increase in the six months to August. (Release) Whitbread, who also owns Beefeater Grill, saw like-for-like sales up 2.8 per cent for the period, and have increased [...]
BHP Billiton ups guidance on strong iron performance

October 22, 2013

The world's largest miner BHP Billiton has announced 11 per cent production growth in the third quarter ending 30 September, raising its 2014 financial year guidance to 212m tonnes for Western Australian Iron Ore (WAIO). Iron ore production rose by 23 per cent in the quarter to September to 49m tonnes. (Release) BHP Billiton chief executive officer, [...]
What you need to know before the open – 22/10

October 22, 2013

US markets remained almost unchanged from last week yesterday, with September employment data being released later today. The expectation is that this'll mean a fairly understated open for European markets. ASIA/PACIFIC STOCKS: Nikkei 225 +0.13% (close), Hang Seng -0.39% , ASX 200 +0.40% (close), Shanghai Comp -0.71% — DailyFXTeamMember (@DailyFXTeam) October 22, 2013 ETX Capital [...]
US existing home sales dip in September

October 21, 2013

The number of completed transactions on home sales in the US has fallen 1.9 per cent, with existing home sales index coming in at 5.29m, with prices rising at their slowest pace for five months. The reading follows expectations of 5.30m (revised from 5.37m) and after August's near four-year high of 5.39m (revised from 5.48m). [...]
£15m UK collaboration to bolster health systems in low and middle-income countries

October 21, 2013

The Department for International Development (DfID) has today announced a new £15m research initiative aimed at improving health systems in low and middle-income countries (LMICs). The scheme is a collaboration between the DfID, the Wellcome Trust, Medical Research Council and Economic and Social Research Council and looks to support researchers and research groups in LMICs, [...]
Huge thirst for tablets counterbalances sinking PC shipments

October 21, 2013

Growing demand for tablets will boost global shipments as the market is driven by a shift to lower-priced devices across the board, research company Gartner said today. (Release) The predicted 11.2 per cent decline in traditional PCs this year (that's 303m units) will be counteracted by tablet growth of 42.7 per cent, with shipments reaching [...]
More public feedback required as part of review into reach of EU laws

October 21, 2013

In its ongoing audit of EU competences, designed to scrutinise and inform prior to a referendum on British membership of the EU, the government today published three calls for public evidence this morning on financial services and the free movement of capital, the EU budget, agriculture and fundamental rights. The calls, which appeal to private [...]
Ed Davey defends state-subsidised EDF-Chinese nuclear reactors

October 21, 2013

The British government and French utilities company EDF have signed a deal to build two nuclear reactors totalling £16bn at Hinkley, Somerset. The new reactors will be built at Hinkley Point C, with the assistance of EDF's Chinese partners, China General Nuclear Power Group and China National Nuclear Corporation. The Department for Energy and Climate [...]
Lift for Heathrow as 2013 sees profit rise

October 21, 2013

Heathrow has announced a 22.1 per cent rise in earnings today, encouraged by higher passenger numbers. (Release) Profit before tax was at £266m for the nine months to 30 September. For the same period last year, the figure stood at £112m. Traffic performance was up 3.6 per cent to 54.8m passengers. Chief executive Colin Matthews [...]
£64m Crossrail electrification contract for Balfour Beatty

October 21, 2013

International construction group Balfour Beatty has announced it's won a £64m Crossrail contract from Network Rail to electrify a stretch of Great Western Main Line. (Release) The 12.5 mile section includes all lines running between Stockley Junction near Heathrow Airport and Maidenhead on the Crossrail West outer section. Balfour Beatty is already involved in the [...]

FCA crypto crackdown will ‘wipe out’ bad actors, says Coinbase boss

Manchester United’s new stadium is a test of sports finance – but markets have a solution

Is the Maybach GLS the most excessive SUV?

By: Harriet Green

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