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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M&S profit falls less than expected as Bolland stresses step by step approach

May 20, 2014

Marks and Spencer has reported a fall in profits for the third year in a row: in the year ended in March, the store saw a 3.9 per cent decrease in underlying pre-tax profit, to £623m. That is, however, considerably better than the 7.5 per cent drop analysts have been predicting. Pressured chief executive Marc [...]
How the World Cup’s creating 1,300 jobs via 56m slices of pizza

May 19, 2014

If you’re watching the beautiful game, a few slices of pizza may well add to the experience. And with the Brazil World Cup just around the corner, Domino’s Pizza UK has just kicked off a new recruiting drive, to deal with the extra 6m pizzas it reckons it’ll be delivering over the period. The high [...]
What you need to know before the US open

May 19, 2014

US stocks are expected to open lower today, following the distinctly choppy trading seen last week. Trading in government bonds continues to be solid, with nothing in the way of economic data to provide a guiding light for equity and fixed-income markets. The Fed’s April meeting minutes are due Wednesday, with some numbers from US [...]
Deutsche Bank shares drop on €8bn capital hike

May 19, 2014

Deutsche Bank shares fell over 2.6 per cent this morning, after yesterday’s announcement that it plans to raise €8bn (£6.5bn) in new capital. The bank will raise €6.3bn in new equity via a rights issue, with the remaining €1.75bn stake taken by the Qatari royal family through its Paramount fund. Deutsche Bank also put forward [...]
Vodafone shares are in the red this morning. Here’s why

May 19, 2014

Vodafone shares have shed 0.9 per cent this morning, following news that telecoms firm AT&T is buying satellite television provider DirecTV. The $48.5bn deal will create not only a fierce competitor to other cable companies, but significantly lowers the odds that AT&T will continue considering buying Vodafone. The merged firm will have around 26m video [...]
What you need to know before the open

May 19, 2014

A mixed open is expected for European markets this morning, following the choppy trading seen globally last week. All eyes will be on Deutsche Bank, following its announcement that it plans to raise €8bn in new capital, and AstraZeneca’s latest announcement that it’s rejected Pfizer’s latest takeover bid. Deutsche Bank’s move could impact what the [...]
Slashed fares hit Ryanair profits

May 19, 2014

Ryanair’s reported net income of €523m (£426m) for the year ending in March. That’s a eight per cent drop from the €569m it made a year earlier. Fares fell four per cent, as the budget airline reacted to a tougher environment of a weaker pound and higher fuel costs. As a result, it saw its [...]
GAY-TMs and London’s French Riviera

May 19, 2014

ANYONE using one of Barclays’ ATMs come the last week in June could be in for a colourful surprise. The bank has announced it’ll be sponsoring the Pride in London festival again this year, becoming headline sponsor for the first time. In celebration, it plans to create a gaggle of GAY-TMs along the parade route. [...]
Kentz shareholders latest to slam pay plans

May 16, 2014

Shareholder spring has sprung bolder than ever for engineering firm Kentz. A huge 58 per cent of shareholders casting votes at the annual general meeting opposed its pay policy, or chose to abstain from voting. Moreover, 45 per cent also opposed its remuneration report. While the pay policy covers plans for paying staff over the [...]
What you need to know before the US open

May 16, 2014

US stocks futures headed lower today, suggesting a less-than-impressive end to the week. Global shares have eased back for the third day in a row, and the dollar’s seen further losses against the yen. Better news on the data front, though – a shock jump in housing starts. In April, the speed of construction of [...]

OpenAI pauses Stargate UK project over energy costs and regulation

Familiarity of Masters and Augusta should be lesson to other golf majors

Brasserie Zedel has a rival in new London restaurant offering three (amazing) courses for £30

By: Harriet Green

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