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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Figures looking up for French Connection with narrowed first-half loss

September 16, 2013

French Connection had reduced loss before tax of £6.1m, down from the 2012 figure of £6.3m, in its half-year report to the end of July. (Release) The British retailer also highlighted its improved cash position of £22.3m, up from £21.2m in 2012, lack of debt and significant reduction in stock levels. With reaction to its winter [...]
GlaxoSmithKline combination drug for melanoma gets FDA priority review

September 16, 2013

GlaxoSmithKline (GSK) announced today that it has received a Priority Review from the US regulator Food and Drug Administration (FDA) for a combination treatment for melanoma. In the US alone, more than 8,000 people die of melanoma each year, with 68,000 of the one million diagnoses of skin cancer each year caused by melanoma. (Release) [...]
First-half pretax profit more than double for investment group Shore Capital

September 16, 2013

Profit before tax for the Guernsey-based boutique investment bank rose by 123.2 per cent to £3.3m in the first half of 2013 (to end of June) – the 2012 figure was £1.5m. (Release) Earnings per share were up too at 0.83p, a 72.9 per cent increase on 2012's 0.48p. In terms of equity capital markets, [...]
Eurozone Consumer Price Index meets expectations

September 16, 2013

The Eurozone Consumer Price Index has come in in line with expectations of a 0.1 per cent increase for August. July's figure was down -0.5 per cent. Year-on-year, the rate of change for the index has decreased 0.3 per cent, with July to July up 1.6 per cent and August to August up 1.3 per [...]
Sparkling results for Petra Diamonds as production soars

September 16, 2013

Diamond company Petra Diamonds has seen revenue increase by 27 per cent, from $316.9m in 2012 to $402.7m this year. (Release) Production was up by 21 per cent to 2,666,305m carats, with profits glistening at $52.5m (up from $8.4m in 2012). Whilst other commodity markets have experienced degrees of turbulence over the last few years, [...]
New East London warehouse for property company Segro

September 16, 2013

The property investment and development company Segro has announced its acquisition of a warehouse in Barking, East London. The company purchased the site for £30m, and the purchase price of the warehouse represents a 6.9 per cent net initial yield. Segro view East London as an area with strong potential for expansion, given the vast [...]
Before the open: FTSE expected up but dollar weak following Summers exiting Fed race

September 16, 2013

The US dollar dropped sharply overnight, following Larry Summers quitting the race to replace Ben Bernanke as Fed chairman. European markets are expected to open up this morning, with the euro pushed up by a weak dollar. The German Dax is expected to hit a new record when it opens. ECB president Mario Draghi will [...]
US consumer sentiment index misses mark

September 13, 2013

A consumer sentiment index flash estimate has come in at 76.8, following the August figure of 82.1. Traders had predicted a move to 82.0. The index gives a picture of consumers' willingness to spend. Michigan consumer sentiment, falls; business inventories increase more than expected. Cause for concern for 2013Q4, but a + for Fed [...]
US retail sales miss in August

September 13, 2013

US retail sales have missed expectations of 0.4 per cent increase coming in at 0.2 per cent. Last month's figure of 0.2 per cent has been revised to 0.4 per cent, making this the weakest gain in four months. The 0.2 per cent increase means August retail food and services sales were $426.6bn. This is [...]
Walkie scorchie repair bother for Canary Wharf Group

September 13, 2013

Figures for repairs to the 'Walkie Talkie' tower on Fenchurch Street are "in the low single-digit millions". David Pritchard, chairman of Songbird Estates, an owner of the building, was speaking today following damage to the unusually shaped skyscraper caused by its own reflection of sunlight at the end of August. City A.M. first reported [...]

Bank of England took ‘eye off ball on inflation,’ says Jenrick

Senior Red Bull Racing figure leaves F1 team weeks before new season

Dracula review: Cynthia Erivo is overwhelmed in tech-heavy production

By: Harriet Green

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