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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What you need to know before the open – 27/9

September 27, 2013

Having brushed off uncertainty from the US, European markets are expected to open on a soft up this morning: Early start, here are the IG forecasts for the European open: FTSE +5 at 6571; DAX +10 at 8674; CAC +5 at 4192. — David Jones (@DavidJones_IG) September 27, 2013 #Gekko Europe; opening calls FTSE +13, [...]
Royal Mail strike stymied by imminent valuation

September 27, 2013

The privatisation of the Royal Mail will add between £2.6bn and £3.3bn to Treasury coffers, with shares offered between 260p and 330p. The estimations were announced earlier today, and the BBC's business editor Robert Peston added that the privatisation should be completed before Oct 15, long before a strike can take place. The UK government [...]
Price of UK homes highest since 2008

September 27, 2013

The average UK house price has risen to its highest level since 2008, with September seeing a 5.0 per cent increase, year-on-year, following expectations of a 4.5 per cent rise.
Any other business – 27/09

September 26, 2013

From the mouths of babes: European Central Bank board member Jorg Asmussen offered a rare insight into the family life of a central banker yesterday, revealing a question from one of his daughters: “Dad, is your bank also evil?” Manchester City gained full bragging rights over their local rivals last weekend but there’s a chance [...]
ECB’s Mersch pushes for a single system and stricter rules for bank control

September 26, 2013

ECB executive board member Yves Mersch has spoken this afternoon on new approaches to banking which tighten controls and strengthen supervision. Mersch started off by highlighting weak growth and high unemployment but notes than positives have started to emerge, with the Eurozone realising that collective stability requires deeper integration. Two elements are needed for genuine [...]
35,000 customers switch banks in first week of new scheme

September 26, 2013

According to reports, around 35,000 Britons have moved their current accounts during the first week of a new industry switching scheme aimed at promoting greater competition in the banking sector. Last week the Payments Council announced the launch of the Current Account Switching Service, which involves 33 banks and building societies, including Halifax, Barclays, Bank [...]
Brussels’ new budget vice for the Eurozone

September 26, 2013

Speaking this morning, former European Central Bank president Jean-Claude Trichet said that Europe is halfway to recovery. His words come at the same time as unprecedented fiscal temerity from the European Commission as it announces its intention to tighten its grip on members' budgets. On employment, Trichet stressed that EU unemployment is absolutely unacceptable and [...]
Regulator fines Clydesdale for botched mortgages

September 26, 2013

Clydesdale Bank has been fined £8.9 million for failing to treat its mortgage customers fairly. The Financial conduct Authority (FCA) issued the fine after customers were not informed clearly their rights following the bank's miscalculation of repayments on over 42,500 mortgages. In April 2009, Clydesdale discovered an error in its repayment calculation method for customers [...]
Drinks company Stock Spirits plans debut London share float

September 26, 2013

Stock Spirits, which owns a number of vodka brands and other alcoholic beverages, announced its intention to go ahead with an initial public offering of shares to institutional investors in October. (Release) The company, whose main markets are Poland, the Czech Republic and Italy, wants to raise £52m from new shares in order to reduce [...]
Mixed bag as travel companies release expectations for year

September 26, 2013

Whilst Thomas Cook books fewer holidays for the UK, and anticipates political disruption to travel, Tui Travel sees 11 per cent growth and plenty of winter bookings. Travel agent Thomas Cook has seen UK holiday bookings down three per cent on last year, with a capacity reduction of 2.5 per cent. (Release) Summer trading has [...]

Asos shares slip despite narrowing losses

Copilot coaching: Can AI train me to run the London Marathon better?

Punchdrunk Theatre founder: These video games changed my life

By: Harriet Green

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