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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Employment in Eurozone continues to fall

September 13, 2013

Eurozone employment has fallen by 1.0 per cent in the year to the second quarter. From the previous quarter employment fell by 0.1 per cent with consensus amongst analysts of a -0.2 per cent fall. In the first quarter change stood at -0.4 per cent. Howard Archer, Chief UK and European economist at IHS Global [...]
Construction increases in July on new work, repair and maintenance

September 13, 2013

Results for UK construction output show a 2.2 per cent increase in July, following 0.7 per cent growth in June. This is up 2.0 per cent from July 2012 . This rise in new work is in contrast to the estimated 3.6% fall in repair & maintenance during the same period. The result covers both the [...]
Before the open: UK construction data due out later as European markets open sluggish

September 13, 2013

European markets are expected to open with little change this morning, with minimal movement in Asia and a weak end for the Dow last night. The bailout programmes for Greece and Cyprus will be discussed this afternoon by European financial ministers. In the UK, data on construction output is out at 9.30 and is expected [...]
Met to pay out millions for factory ruined during London riots

September 12, 2013

Insurers acting for the Sony factory that was razed to the ground during the 2011 summer riots have won their case against the Metropolitan Police. Although the payout is yet to be determined, insurers for Sony were seeking £49.5m. The distribution warehouse in Enfield Lock was looted and torched on 8 August 2011 by [...]
From gluten free pet food to bespoke granola – the startups funded with taxpayer money

September 12, 2013

A range of chewable baby bangles, a perfume for teenagers called ‘Pink Addiction’ and an alternative diet practitioner are all recipients of loans from the £69m government scheme Start Up Loans, which is supported by David Cameron. A list published by Downing Street has detailed the various new startups and New Enterprise Allowance [...]
End in sight for UK’s worst wage squeeze since 1920s

September 12, 2013

The UK's record real wage squeeze may finally be coming to an end new research suggests. Since the start of 2008 real pay has fallen by almost seven per cent, says the Capital Economics report. (Release) According to the report, whilst some recovery is expected in overall incomes, a sharp rise in income growth is [...]
Greek unemployment still rising

September 12, 2013

Greek unemployment has risen to 27.9 per cent during June, compared with 27.6 per cent in May. Youth unemployment remains high: Greek youth unemployment rate more terrifying than ever: 58.8% — Olly Barratt (@ollybarratt) September 12, 2013
European industrial production sees unexpected fall for July

September 12, 2013

Figures from Eurostat show an unexpected dip in industrial production for the eurozone. Whilst June saw an up of 0.6 per cent, July has come in down -1.5 per cent – analysts consensus had predicted a fall of just 0.1 per cent. A surprisingly large decline in industrial production in July for #eurozone, -1.5%. Back [...]
Unexpected drop in Italian industrial output

September 12, 2013

Industrial output in Italy has fallen by -1.1 per cent in July, down from 0.2 per cent in May. Analysts expected a 0.3 per cent drop. The figures, released by the National Institute of Statistics, show a year-on-year decrease of -4.3 per cent (down from -2.1 per cent) but analysts expected only -2.5 per cent. [...]
Next plans growth as it does well in first half of 2013

September 12, 2013

High street retailer Next has published encouraging figures for the first half of 2013, with sales up 2.2 per cent at £1,677m. (Release) Next plans continued growth by developing product ranges and Next online, and acquiring new retail space. Profit before tax stood at £271.8m, up 8.2 per cent from the same period in 2012. [...]

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By: Harriet Green

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