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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Fizz goes out of Coca-Cola as company reports mixed results

October 15, 2013

Coca-Cola has reported a varied set of results for the third quarter, with two per cent global volume growth. (Release) The soft drinks giant reported two per cent growth year-to-date, too, with international growth of three per cent and just one per cent in the Americas. European volume was down one per cent, although the [...]
Germany’s renewable energy race pushes prices up and dampens growth

October 15, 2013

Germany's surcharge for green energy will go up by almost a fifth next year – to 6.24 euro cents (5.3p) per kilowatt hour (kWh) – say network operators, as first reported by Reuters. The monthly surcharge, levied on consumers via their electricity bills to finance renewable power subsidies, rose by almost two cents (or 47 [...]
UK house prices surge to above 2008 levels

October 15, 2013

(Office for National Statistics) UK house prices rose by 3.8 per cent in the year to August, exceeding expectations of a 3.6 per cent increase and surpassing its previous peak in January 2008 by 0.3 per cent. The Office for National Statistics reports that house price growth remains stable across the UK, with London prices [...]
‘Underpriced’ Royal Mail sale to be probed by MPs

October 15, 2013

A panel of MPs is keen to investigate the privatisation of Royal Mail by calling in City bankers who advised ministers on the sell-off, reports Mark Kleinman, City editor at Sky News. Sky News has learnt that certain members of the Business, Innovation and Skills (BIS) Select Committee want to interview executives from the syndicate [...]
Astra Zeneca arm buys oncology drugs company Spirogen

October 15, 2013

Biopharmaceuticals company Astra Zeneca announced today that one of its research arms has acquired Spirogen, a privately-held biotech company that focuses on a drug technology used in oncology. MedImmune, the global arm of Astra Zeneca, will acquire 100 per cent of Spirogen's shares for an initial consideration of $200m (£125m) and deferred consideration of up [...]
Shares drop as Burberry announces CEO Ahrendts’ exit

October 15, 2013

Shares have dropped five per cent this morning as fashion heavyweight Burberry announces its chief executive officer (CEO) Angela Ahrendts will step down by the middle of next year to take up a new position with Apple. It has also reported, in a separate statement, total revenue for the six months to September of £1,031m [...]
What you need to know before the open – 15/10

October 15, 2013

Economic confidence in the US is dwindling as we enter day 15 of shutdown, although markets don't seem too worried at present. Equity markets continue to display confidence that a US Senate agreement could be reached this week, but the shift to Congress, with its Republican majority, will throw up deeper disagreements. The lack of [...]
Any other business – 15/10

October 14, 2013

On 5 December the NSPCC hosts its flagship City fundraising event, the Great British Chefs’ Dinner. The event is being held at Banqueting House and will raise funds for the charity’s groundbreaking ChildLine Schools Service. The Capitalist will be posing one question a week until 28 October and winners will receive a £50 voucher for [...]
Saudi Arabia announces plans to start shale production

October 14, 2013

Saudi Arabia is preparing to become one of the first countries outside North America to use shale gas for power generation, reports Reuters. Keen to jump on the US shale bandwagon, the oil heavyweight has announced its initial plans to capitalise on its large unconventional deposits, thereby retaining its oil for export. Speaking at the [...]
IoD appoints former Financial Mail on Sunday editor to advise on diversity strategy

October 14, 2013

The Institute of Directors (IoD) has appointed the former editor of the Financial Mail on Sunday, Lisa Buckingham, as a senior consultant. Buckingham, who is also a special advisor for the government's Start Up Loans company, will be helping to push forward the IoD's wide-ranging diversity strategy. She is known for her work to improve [...]

Reeves rent freeze: How did Chancellor turn to a Mamdani-style policy controversy?

Brighton and Hove Albion to build new stadium next to Amex

These are the best bottles of wine to buy for the warmer weather

By: Harriet Green

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