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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Bubble fears too high – the housing market is ordinary

September 19, 2013

The Council of Mortgage Lenders (CML) has announced that gross mortgage lending remained steady in August at an estimated £16.6bn. (Release) In July, the figure was £16.7bn and up 28 per cent from August 2012 (£13bn). Not unexpectedly, the CML highlighted that: Prospects for the UK economy continue to brighten, although there is a risk [...]
Richmond on Thames bags highest healthy life expectancy

September 19, 2013

Data from the Office for National Statistics (ONS) that looked at healthy life expectancy (HLE) at birth for Upper Tier Local Authorities has found that the highest belongs to residents of Richmond upon Thames, with 70.3 years for males and 72.1 years for females. (Release) (ONS) (ONS) HLE is worked out by dividing lifespan into [...]
New heights for Lufthansa with order for 59 Boeing 777s and Airbuses

September 19, 2013

Airline Lufthansa has announced the purchase of 59 new planes: 34 Boeing 777-9Xs and 25 Airbus A350-900s. (Release) The new planes will join the 107-strong fleet, serving to replace older 747-400s and Airbus A340-300, which be phased out by 2025. Lufthansa's order totals €14bn (£11.7bn) to date with an overall list value of €36bn (£30.2bn) for 295 new aircraft [...]
Regulator calls for pension crackdown from government

September 19, 2013

Weaknesses in the system mean some savers are not getting value for money when it comes to their pensions, says the Office for Fair Trading (OFT). (Release) The OFT published a market study today and, in agreement with The Pensions Regulator (TPR) has agreed a set of reforms to the £275bn market for defined contribution [...]
More structural change for African Barrick Gold as new chief financial officer is appointed

September 19, 2013

Mining company African Barrick Gold has appointed internal candidate Andrew Wray as chief financial officer. (Release) Wray's appointment comes a week after the sudden resignation of the company's chief operating officer, which was less than a month after the departure of its chief executive. Our mining reporter Suzie Neuwirth on the exit of the COO [...]
Sales up for Happy Shopper and Makro owner Booker

September 19, 2013

Booker Group, the owner of Happy Shopper, has announced a 19.3 per cent sales increase in the 12 weeks to 13 September 2013. (Release) Booker acquired cash and carry Makro earlier this year. Excluding Makro, Booker like-for-likes were up 3.5 per cent with non-tobacco like-for-likes increasing 6.9 per cent (including Makro, non tobacco increased 30 [...]
Asos sees sales soar with strong UK market and new growth in US and Russia

September 19, 2013

Online retailer Asos has announced UK retail sales up 47 per cent for the three months to the end of August with 49 per cent growth in the UK. (Release) Retail sales for the year were up 40 per cent year-on-year. The company had 7.1 million active customers at the end of August, up 42 [...]
Before the open: Record highs as Fed doesn’t taper

September 19, 2013

New records were reached on US markets last night following the Fed's decision to refrain from tapering QE. Consequently, European markets are expected to surge this morning with the Dax at record highs and FTSE opening calls of +70 and higher. Yesterday, the Bank of England upgraded the UK's growth forecast for the third quarter [...]
Any other business – 19/09

September 18, 2013

Investment giant Prudential could soon be getting a new slogan, if comments yesterday from chief executive Tidjane Thiam are anything to go by. The Pru’s man in charge was speaking at the annual Institute of Directors conference about changing times: “The man from the Pru is now a woman with an iPad riding around Southeast [...]
Banks fined up to ten per cent of sales over benchmark rigging

September 18, 2013

European Commissioner, Michel Barnier, gave a press conference today to discuss draft legislation on market benchmarks that will see banks fined as much as 10 per cent of their yearly sales for failure to safeguard against benchmark rigging. The legislation will enable regulators to force banks into participating in benchmark setting panels, following a series [...]

Trump rows back from tariff threat after scathing Davos speech

Live sport credited for Netflix subscriber surge as sign-ups hit 325m

Cirque du Soleil OVO, Royal Albert Hall review: Amazing tricks, okay clowns

By: Harriet Green

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