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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Bovis Homes ramps up house building by 80pc in 2014

May 16, 2014

No doubt some pleasing news for the powers that be: Bovis Homes says it built 80 per cent more homes in the first four months of this year, aware of the “importance of its positive contribution to the government's ambition to increase new homes production.” The surging demand for more homes has significantly buoyed performance for [...]
Any Other Business – 16/05

May 16, 2014

YOU WOULD perhaps presume that RBS would want to keep schtum about its getting sued over the 2008 rights issue, but its chairman Sir Philip Hampton did quite the opposite at the Wincott Foundation Award luncheon at Guildhall yesterday. Hampton was the speaker at the event (the start of which was delayed by the bomb-scare kerfuffle [...]
What you need to know before the open

May 16, 2014

A mixed open’s expected for European markets today: economic data aren’t expected to push things higher, and worries over how strong the US economic recovery actually is are adding to a lack of investor confidence. Yesterday, the S&P 500 posted its biggest one-day fall in a month. The bond surge seems to suggest that, despite [...]
E.On to pay out £12m to customers after mis-selling probe

May 16, 2014

Ofgem has announced that energy firm E.On will pay out £12m to its most vulnerable customers, for a catalogue of errors and poor sales practices. The industry regulator's recent investigation found that the firm provided misleading information to customers when selling deals on the doorstep and on the phone. Between June 2010 and December 2013, [...]
City & Gild: Has Gary Barlow shattered a dream brand?

May 16, 2014

When I was a child and believed in Father Christmas, I bought into the whole “Ho ho ho” thing hook, line and sinker – to the point where I would lie awake on Christmas Eve, terrified that a complete stranger was going to come down the chimney and pad about the house. (To be honest, [...]
Here’s what brokers and traders were saying to each other as they manipulated Libor rates in 2008/9

May 15, 2014

The Financial Conduct Authority’s (FCA) just announced that it’s fined interdealer Martin Brokers £630,000 for “significant” failings in relation to Libor. Between January 2007 and December 2010, Martins colluded with a trader at UBS to manipulate the Japanese yen Libor for his own benefit. Over the period, at least 600 requests were made to Martins [...]
What you need to know before the US open

May 15, 2014

A subdued open is expected for US markets today, with stocks futures suggesting little change. Consumer prices rose 0.3 per cent in April from March, predominantly on food prices, meaning the annual rate of inflation’s risen to two per cent. And jobless claims have shown that just 297,000 signed on for unemployment benefit for the [...]
Winter freeze hits Walmart’s profits

May 15, 2014

Walmart felt the chill of the US’s harsh winter, reporting a five per cent fall in net profits to $3.6bn (£2.2bn) in the first quarter. The world’s biggest retailer also saw very moderate sales growth, up under one per cent to $114.2bn. Same-store sales fell 1.2 per cent. Chief executive Doug McMillon stressed the cold [...]
Why’s it called Dixons Carphone? Nobody’s used a car phone in years

May 15, 2014

High street staples Carphone Warehouse and Dixons Retail have confirmed today that they’ll be merging to form a new company called Dixons Carphone. But why are they hanging on to the ‘Carphone' bit when no-one has one anymore? The first car phone was used in St Louis on 17 June 1946. It has three channels [...]
What you need to know before the open

May 15, 2014

A less positive open is expected today, as investors digest the EU inflation and growth numbers due out today. So far, numbers have shown a shock flatlining of French growth in the first quarter, as the stuttering economy saw household consumption drop. It’s a different story in Germany, however, where warmer weather saw the powerhouse [...]

Blair think tank turns fire on Labour over wage hikes and tax squeeze

UK Sport: We invest £32m in winter sports because Britain cares deeply

Ministry of Sound: ‘industry is on the up’ as it reveals brand new take on The Box

By: Harriet Green

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