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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Lord Oakeshott resigns from Lib Dems, slamming Clegg’s leadership

May 28, 2014

Lord Oakeshott is resigning from the Liberal Democrats party, taking a "leave of absence" from the House of Lords, as first reported by ITV News' political correspondent, Libby Wiener. The news follows a leaked opinion poll that he commissioned and which, it's been claimed, undermined party leader Nick Clegg. Oakeshott's said the party's "heading for disaster" [...]
Value of London mortgages rockets 37pc

May 28, 2014

Another sign of the surging housing market: the value of mortgages to home buyers in Greater London jumped 37 per cent from a year earlier in the first quarter of this year – to £5.6bn. The figure was actually down 10 per cent from the fourth quarter of 2013 – a seasonal dip impacting lending, [...]
Francis Maude brings Investec boss and angel investor onto Big Lottery Fund board

May 28, 2014

Cabinet Officer minister Francis Maude has appointed three new board members to the Big Lottery Fund, the body that distributes money raised by the National Lottery. Managing director of Investec Asset Management, Elizabeth Passey, Perdita Fraser, an angel investor and partner at consultancy firm SJ Fraser & Co, and David Isaac CBE, a partner at [...]
Full steam ahead at Nationwide as chief issues warning on housing market

May 28, 2014

Nationwide has reported its best ever annual results, but has warned that the housing market may well start seeing a “natural correction”. “At some point buyers just start saying no”, said the mutual's chief executive, Graham Beale, to the BBC’s business editor Kamal Ahmed. The prognosis came as Nationwide reported that it opened 430,000 new [...]
What you need to know before the open

May 28, 2014

With the S&P 500 and Dax posting record highs yesterday, today's expected to see a positive open for European markets. With no significant US data, focus will be on German unemployment, which could push the Dax towards to 10,000 level if it continues to come down. Market expectations that the European Central Bank will instigate [...]
Banknote printer De La Rue reports £90m profit, despite currency and pricing strains

May 28, 2014

De La Rue, the world’s largest commercial banknote printer, has reported a 43 per cent increase in underlying operating profit, to £90.5m. Chairman Philip Rogerson said that trading’s remained strong, despite “a more challenging currency market”. Over the full year to 29 March, revenue rose six per cent to £513.3m. Banknote print volumes were similar [...]
Any Other Business – 28/05

May 28, 2014

IT SEEMS Harvard academic Kenneth Rogoff has distanced himself from not-so-pernickety Thomas Piketty. Much of the reportage into the calculation snafus in Piketty’s tome, “Capital in the Twenty-First Century”, has included a reference to Rogoff because of a similar spreadsheet mistake on his part back in 2010. But just when you might think the French economist [...]
What you need to know before the US open

May 27, 2014

US stock futures rose this morning, as investors bet on expectations of rate cuts from the European Central Bank. World shares have risen to a near all-time high, too, as the central lender continues to point towards continuing global liquidity. Meanwhile, durable goods rose unexpectedly, by 0.8 per cent, suggesting a stronger rebound than expected. [...]
Apple rumoured to be close to unveiling Jetson-style home automation platform

May 27, 2014

Remember the Jetsons? Their home was filled with a variety of push-button, space age, automated conveniences. Fifty years on and the fantasy could soon be another step closer, as Apple takes its biggest stride yet into the "internet of things". According to the FT, the electronics titan is preparing a new software platform that’d turn [...]
Regulator warns on conflicts of interest in insurance intermediaries

May 27, 2014

The Financial Conduct Authority has cautioned this morning that conflicts of interest within insurance intermediaries are “not being properly managed” when it comes to dealing with small business clients. It’s called on firms to manage situations better. The City watchdog ran a review of small business customers, as they often have more complex needs when [...]

Gucci sparks backlash with AI-generated ads ahead of fashion week

Manchester United: Ratcliffe’s cuts take club from red to black

London is the best food city in the world – here are 3 reasons why

By: Harriet Green

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