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.

All 2075 Articles

Before the open: FTSE expected up as markets wait for Carney’s Westminister appearance

September 12, 2013

Predictions before open this morning are reasonably good for the FTSE with most traders predicting an increase. Bank of England governor Mark Carney will be present at the Treasury Committee Hearing for an inflation report this morning at 10.00. Morning ftse +3, Dow Flat, dax +25, Nikkei -80, H/s +70, SP 1689, Brent 111.57, Nymex [...]
UK drops down post-Lehman financial transactions leaderboard

September 11, 2013

UK financial transactions have dropped by two-thirds over the past five years, according to a newly-published paper. In 2006/7, they were valued at $1.7 trillion (£1.1 trillion). Law firm Allen and Overy have developed the Life after Lehman Index which looks at the value of global financial transactions, including bond and equity sales, five [...]
Historic real wage squeeze drags on whilst declining public sector remains insulated

September 11, 2013

Data published today by the Office for National Statistics shows that the second quarter has seen a continued decrease in UK public sector employment but an increase in the private sector. Figures suggest a continued push by government to whittle down the public sector. Whilst it is encouraging that public sector jobs are [...]
Serco saga continues with promise to clean up for prison and custody services

September 11, 2013

Serco's response to a government-wide review of its prison and custody services has today been updated. (Release) The review, announced in July and initiated by an independent audit by the Ministry of Justice (MoJ), alleged fraud in government-contracted services provided by Serco and G4S: The Ministry of Justice (MoJ) and the Directors of [...]
Before the open: Spotlight on UK unemployment as markets open

September 11, 2013

There is a keen focus on UK unemployment this morning following the Bank of England's introduction of an unemployment threshold for interest rates. Earlier this month the Bank announced its decision to fix interest rates at 0.5 per cent until unemployment, which is currently at 7.8 per cent, falls to seven per cent. Asian markets [...]
Better weather means B&Q owner sees profit up in second quarter

September 11, 2013

Retail group Kingfisher, who own companies including B&Q and Screwfix, have seen a statory pre-tax profit increase of 10.2 per cent in the 26 weeks up to 3 August (up £401m from £364m for the same period last year) (Release). CEO Ian Cheshire puts the increase down to better weather, commenting on the effect of [...]
Any Other Business – 11/09

September 10, 2013

BT chief executive Ian Livingston served his last day at the telecoms giant yesterday, though he won’t be hanging up on the company just yet. The Capitalist hears that the Caledonian chief will be on hand to advise Gavin Patterson, his replacement in the hot seat, until November. Lord Livingston will no doubt continue to [...]
£459m deal for high voltage transmission link to London Array secured by favoured consortium

September 10, 2013

The consortium Blue Transmission London Array – comprising Barclays infrastructure Funds Management and a UK subsidy of Mitsubishi Corporation – has been named by Ofgem as the owners and operators of the new £459m high voltage link to the London Array offshore wind farm, after a sell off by the London Array joint venture. We [...]
UK slides 4 places in World Happiness Report

September 10, 2013

This year's World Happiness Report has ranked the UK 22nd in 2012 out of 156 nations studied, a fall from 18th place in 2011. Published by the United Nations Sustainable Development Solutions Network, the study presents the widest body of data available on happiness and its causes. Denmark took first place, as with last [...]
Polymer in your pocket?

September 10, 2013

The Bank of England has announced a public consultation programme on new banknotes: a switch from cotton to polymer. Deputy Governor of the Bank of England, Charles Bean, said : Polymer banknotes are cleaner, more secure and more durable than paper notes. They are also cheaper and more environmentally friendly. However, the Bank of [...]

Ocado eyes global tech push after US setback

Exclusive: O2 Arena open to hosting NBA Europe after record-breaking year

This remote part of Patagonia is one of the wildest places on Earth

By: Harriet Green

All 2075 Articles

Subscribe