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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Debenhams loses out to rivals as profit plunges almost 25pc

April 15, 2014

Debenhams has just announced a fall in half-year pre-tax profit of 24.5 per cent, to £85.2m. The drop is in line with expectations, the high street store stressed, but shows the still challenging and competitive environment, particularly in the UK, with which it’s having to cope. Chief executive Michael Sharp said the store’s taking “decisive [...]
China’s demand for gold to keep soaring despite easing economy

April 15, 2014

THE RAPID increase in Chinese demand for gold is set to continue even as the economy’s growth moderates, according to forecasts released by the World Gold Council this morning. The size of the Chinese gold market will increase by another quarter by 2017 according to the outlook, having quadrupled in the decade between 2003 and [...]
Tesco makes US comeback with F&F stores

April 14, 2014

Tesco’s having a second stab in the US, announcing this afternoon the first franchise stores of its clothing business F&F across the pond. Last year, Tesco backed out of its Fresh & Easy venture in the US. The store was meant to take on Walmart, but it didn’t work out. Offering just a self-service option [...]
Confessions of a shopaholic: Debt-struck Glencore splashes out on Caracal Energy

April 14, 2014

Miner trader Glencore Xstrata has today agreed to buy Chad-focused oil company Caracal Energy for around $1.3bn (£780m), usurping a potential deal between Caracal and Canada’s TransGlobe Energy. City A.M. understands that the FTSE 100 firm will fund the acquisition with some of the proceeds from the (upwards of) $6.25bn sale of Peruvian copper mine [...]
What you need to know before the US open

April 14, 2014

US stock futures edged higher today, following an optimistic set of results from Citigroup, which offset fears over the Ukraine situation – at least for the time being. European markets dropped to a three-week low earlier on the Ukraine worries and the continued sell-off in the US of tech shares. The Nasdaq closed below 4,000 [...]
Most Londoners are now won over by the Shard

April 14, 2014

It turns out Londoners are becoming quite attached to the Shard. The 87-storey skyscraper has been dubbed a “towering icon of inequality” and “the tallest white elephant in the world” in the past, but most Londoners – 57 per cent – think it’s changed the capital’s skyline for the better, according to a new YouGov poll. [...]
What you need to know before the open

April 14, 2014

Rising tensions in Ukraine are expected to hit European equities this morning. The Ukrainian government has begun a full-scale anti-terrorist operation, following the arrival of pro-Russian forces in several towns in eastern Ukraine. Russia has asked for a dialogue to be initiated, calling for Kiev not to use force. The rouble's currently down almost one [...]
Any Other Business – 14/04

April 14, 2014

THERE’S a manhunt afoot following Southeastern’s revelation that a senior City executive, thought to be a hedgie, had racked up a record breaking £43,000 in dodged fares over the past five years and had to pay out a £42,550 penalty plus £450 in legal fees in the past few weeks. The fund manager had been [...]
How cameras will change the way we think about the police

April 11, 2014

Up to 500 police officers will now be expected to film interviews at crime scenes using body-worn cameras, delivering the recorded evidence online, as part of an initiative announced by the Ministry of Justice. In a move to try and heave trial procedures out of the 19th century, lessening reams of paperwork and using digital [...]
What you need to know before the US open

April 11, 2014

US stock futures took a tumble, following an earnings announcement from JP Morgan, which kicked off the earnings season. S&P 500 firms’ earnings are estimated to have increased a meagre one per cent from a year ago. At the beginning of the year, analysts forecast 6.5 per cent growth, highlighting the impact of a harsh [...]

Will Andy Burnham’s stockpile missive start a tinned food revolution?

Ice Hockey World Championships sponsor threatens to pull out over Russia

Andy Burnham says stockpile beans and tuna: Here’s the wine to pair with that

By: Harriet Green

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