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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US inflation pressures ease in August with Fed unlikely to postpone tapering

September 17, 2013

The US consumer price index (CPI) has climbed just 0.1 per cent month-on-month following predictions to stay flat at 0.2 per cent. The year-on-year figure for August is 1.5 per cent, down from 1.6 per cent inflation in the year to July. A breakdown of components, month-on-month: Food: 0.1 per cent Housing: 0.1 per cent [...]
Gather round for the Hudl – Tesco’s tablet launch event on the horizon

September 17, 2013

On Monday 23 September, Tesco is holding a press event, with speculation that it's the unveiling of a new tablet, the Hudl. The Hudl arrives on the market with a rumoured price tag of £99, taking on Amazon's Kindle Fire and Google's Nexus, and the tagline 'We've got something to show you.' Analysts anticipate a 16GB, [...]
House prices rise with London leading the way

September 17, 2013

The Office for National Statistics has reported that house prices rose 0.3 per cent month-on-month in July, following increases of 0.4 per cent for both June and May. London's house prices are strong – up 9.7 per cent year-on-year in July – which has inflated the annual rate of increase to 3.3 per cent in [...]
Softer UK inflation data in August

September 17, 2013

The consumer price index for the month of August year-on-year has softened to 2.7 per cent from 2.8 per cent, in line with expectations. The monthly figure for August has fallen to 0.4 percent following expectations of an increase to 0.5 per cent. Inflation was unchanged in July. July 2012 to July 2013, CPI met [...]
Debenhams sees transactions and sales up ahead of full year results

September 17, 2013

The high street retailer Debenhams has seen positive results as growth in gross transaction value and like-for-like sales are up over the last 10 weeks. (Release) Online sales were up 46.2 per cent and the company continues to gain market share in clothing and non-clothing, including womenswear and beauty. The new store on Oxford street [...]
Before the open: FTSE down as markets wait for Fed stimulus meeting

September 17, 2013

With a number of key events this week, the market looks to open with some caution today. The FTSE is expected down this morning, with calls of -15. Closing the Monday gaps from Friday closes, European markets look set for slightly lower opens this morning. The UK's latest inflation numbers are expected to show a [...]
Any other business – 17/09

September 16, 2013

Boss of City PR outfit RLM Finsbury Roland Rudd has been promoting a non-financial cause, his charity Legacy10. The charity has announced that applications are open for next month’s Legacy10 Award for Excellence – email contact@legacy10.com for more details. Rudd explained: “Legacy fundraising is a skill so often overlooked but absolutely vital in the efforts to [...]
Penne for your pasta? Glencore Xstrata to sell off US third largest pasta company

September 16, 2013

Glencore Xstrata has confirmed that it's to sell the Dakota Growers Pasta Company. (Release) The company, part of the grain and oilseed marketer and handler Viterra, is being bought by Post Holdings for $370m in cash. The sale is expected to close in January 2014. Dakota Growers is the third largest pasta manufacturer of [...]
Good news for small businesses as Federation of Small Businesses publishes highest confidence figures

September 16, 2013

(Federation of Small Businesses) The Federation of Small Businesses today released unprecedentedly optimistic figures for the UK's small businesses. (Release) The small business index rose to +33.5 in the third quarter of 2013, up from +15.9 in the previous quarter and -4.5 year-on-year. This beat previous highs of 18 back in the first quarter of [...]
US industrial production rises but misses expectations

September 16, 2013

US industrial production has risen 0.4 per cent in the month of August following expectations of a 0.5 per cent rise. The rise was dampened by utilities. July saw figures flatline, with no increase. U.S. factories have upped output 0.7 per cent for August. This is the best increase since December and led by auto production.

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Spirit of Speyside Whisky Festival to drive millions into Scotch sector

By: Harriet Green

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