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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Any other business – 07/10

October 6, 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 [...]
Former head of Network Rail in line for Centrica chair

October 4, 2013

The former head of Network Rail, Rick Haythornthwaite, has been scouted as the new chairman of British Gas, reports Mark Kleinman, City editor of Sky News. The owner of British Gas, Centrica, is in ongoing talks with Haythornthwaite, who looks set to take over form Sir Roger Carr. There are thought to be other candidates [...]
Merkel begins SPD talks on grand coalition

October 4, 2013

German Chancellor Angela Merkel is today in preliminary talks with the Social Democrats (SPD) in discussions on the possibility of forming a grand coalition. Talks could last for two months or more; whilst the SPD is seen as the most likely coalition partner for Merkel, agreements on taxation, a minimum wage and infrastructure investment need [...]
Spread better IG sets up Twitter grey market

October 4, 2013

Following last night's news that Twitter aims to raise $1bn during its initial public offering (IPO) – the largest Silicon Valley IPO since Facebook – spread better IG has set up a grey market to allow clients to trade ahead of the official debut. With the current valuation seeing solid buyers, suggesting that the company's market cap [...]
New direction for car parts maker Schaeffler as CEO quits

October 4, 2013

The troubled German car parts manufacturer Schaeffler has announced the resignation of its chief executive Juergen Geissinger. He will be replaced, with immediate effect, by finance chief Klaus Rodenfeld, who will step in as interim chief executive. The company is looking to reorientate its strategy; Geissinger's departure was, it said today in a statement, by [...]
Demand pushes up price of Royal Mail Shares

October 4, 2013

Demand for Royal Mail shares is high enough for sales at the upper end of the original range. The shares had been priced at between 260-330p, but demand means the government can sell them at between 300-330p, with early dealings possibly at 375-380p, giving the company has a potential value of up to £3.3bn. 62 [...]
Eurozone producer price index flat in August

October 4, 2013

The producer price index for the Eurozone was at a a flat 0.0 per cent in August, indicating no change in the average price level month-on-month, after expectations it would increase 0.1 per cent. July's figure was 0.2 per cent – the first increase since February. Core prices crept up just 0.1 per cent [...]
Serco slims portfolio with sale of occupational health business

October 4, 2013

Serco Group has slimmed down its portfolio, having sold off its UK occupational health business for consideration of £3.5m. (Release) Serco had anticipated that the disposed business, which provides occupational health services to 450,000 public and private sector client employees, would deliver restricted growth, owing to it not being entirely in line with other similar [...]
Barclays raises 95 per cent of £6bn rights issue

October 4, 2013

Barclays has announced a 94.63 per cent take-up of a £6bn rights issue. (Release) The books closed last night with the bank raising £5.8bn in the sale of New Ordinary Shares. Underwriters are picking up the remainder today following trading starting on the London Stock Exchange. The bank may blame local trading laws in China, [...]
Tate and Lyle says profits down after slow summer in US

October 4, 2013

Tate and Lyle has announced its expectation that its operating profit for the first half of 2013 will be slightly down on last year after a cold spring and slow start to the summer affecting the US beverage sector. (Release) Overall, however, the company anticipates delivering another year of profitable growth. When it came to [...]

Diageo, Burberry rally after Trump tariff ruling

Hunslet RLFC’s lesson for rugby league profitability? Pay HMRC

London Sports Festival Returns to the Capital

By: Harriet Green

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