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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Eurozone industrial production up one per cent in August

October 14, 2013

(Eurostat) Output in the Eurozone industrial sector rose in August after industrial production came in up one per cent, following expections of a 0.8 per cent rise, and after falling 1.5 per cent in July. Year-on-year, production was down 2.1 per cent, after expectations of -2.4 per cent and following a fall of 1.9 per [...]
Wockhardt shares drop as drug company is slapped with new export ban from UK regulator

October 14, 2013

Wockhardt shares slid five per cent today after the UK's medicines regulator withdrew its approval for one of the company's key facilities. The Indian drug-maker's Chikalthana plant, which makes a generic version of the high blood pressure drug Toprol, may be in violation of the Medicines and Healthcare Products Regulatory Agency, who have revoked its [...]
New acting finance chief for Michael Page as recruiter anticipates challenging fourth quarter

October 14, 2013

British-based recruitment company Michael Page has announced the appointment of a new acting chief financial officer, as it reports year-on-year profit up 0.4 per cent. However, the company expects a challenging fourth quarter. Chief executive officer Steve Ingham says the firm has seen "another robust performance in the third quarter, against a backdrop of challenging, [...]
Chinese exports down as September sees strong demand and inflation

October 14, 2013

(National Bureau of Statistics of China) With Chinese trade data coming in overnight, optimistic economic expectations continue to be reflected in results, with September imports rising to 7.4 per cent, exceeding expectations of 7.0 per cent. Despite healthy demand, however, export growth dropped sharply by 0.3 per cent from August's 7.2 per cent. Inflation for September rose, with the [...]
What you need to know before the open – 14/10

October 14, 2013

With any hope of a weekend agreement on the US debt ceiling now dashed, last week's market optimism has been watered down. Budget talks are moving to the Senate, but there is still disagreement between the parties. #European markets look set to fall this morning, but not by much, with just three days to go [...]
Any other business – 14/10

October 13, 2013

Gordon Tullock is one of the most deserving economists never to win the Nobel, and he remains a longshot for this year’s prize, announced today. Yet it would be appropriate timing. Tullock developed public choice theory, which shows how self-interest drives political decisions, with James Buchanan. Buchanan got his Nobel for that work back in [...]
US confidence diminishes in October

October 11, 2013

Consumer confidence in the US has weakened as the Reuters/Michigan consumer sentiment index comes in at 75.2 in a flash estimate for October – after projections of 76.0 and down from September's figure of 77.5. Given the impact of government shutdown, this is not a major drop – although the index is at its weakest [...]
JP Morgan reports loss following scandal costs

October 11, 2013

Banking giant JP Morgan has announced a surprise loss in the third quarter, following legal expenses of $7.2bn (£4.5bn). Net loss was at $0.4bn (17 cents a share) whilst revenue was $23.1bn (£14.5bn) versus $26bn last year. The bank is still in $11bn settlement talks with US regulators over mis-selling of mortgage-backed securities pre-the financial [...]
Royal Mail shares surge as seller Hargreaves Lansdown buckles under weight

October 11, 2013

Royal Mail shares have surged this morning, rising as high as 456p after a debut of 450p, soaring above the offer price of 330p. Share seller Hargreaves Lansdown has seen its systems crash trying to deal with the sheer volume of trade; investors have taken to social media platform Twitter to air their frustration. More [...]
Downgrade to ‘sell’ for power hire business Aggreko

October 11, 2013

Investment bank Canaccord Genuity has downgraded its rating for temporary power hire business Aggreko to 'sell'. Canaccord highlighted the continued slow conversion of prospects into sales, pricing pressure, currency headwinds and material contracts coming to an end as reasons for initiating a 'sell' forecast for the company's next two financial years. In June of this [...]

‘Drastic’ Dave to serve up new vision for Guinness maker Diageo

Six Nations in-game ads pave way for football to be split into quarters

London Sports Festival Returns to the Capital

By: Harriet Green

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