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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Bolland’s bought more time, but what does M&S need now?

April 10, 2014

The trading update from high street staple Marks & Spencer has been described by stockbroker Shore Capital as “frankly, quite mellow”. The encouraging figure was for clothing sales, which rose 1.3 per cent and 0.6 per cent on a like-for-like basis in the first quarter of 2014. The group reported sales up 1.9 per cent, [...]
What you need to know before the open

April 10, 2014

Not much in the way of surprises from last night’s Fed meeting minutes. It seems officials are not in any hurry to raise rates, and markets rebounded on the news. The sell-off seen earlier in the week, though, seems to have been because of worries over pricey valuations, rather than rates concerns. According to the [...]
M&S sees clothes sales rise but Bolland still cautious

April 10, 2014

A glimmer of hope for high street store Marks & Spencer. The retailer’s reported that clothing sales rose 1.3 per cent in the first part of 2014, up 0.6 per cent like-for-like. General merchandise saw group sales up a modest 0.2 per cent in the 13 weeks to the end of March, but still declining [...]
Any Other Business – 10/04

April 10, 2014

One of London’s stalwart tech names Moonfruit was in a celebratory mood last night, the company enjoying its 15th birthday in Shoreditch’s Boxpark. Bought by a struggling Hibu (now in administration) for £23m two years ago, the website builder is still going strong – despite of its owner’s strife. Founder Wendy Tan White was due [...]
What you need to know before the US open

April 9, 2014

US markets are expected flat today, as investors await minutes from the Federal Reserve. The notes from its last meeting will be released later, with investors hoping they’ll provide further indication of how quickly the bank will raise interest rates. Earlier, data showed mortgage applications fell for the third week in a row last week. [...]
Greece may start issuing bonds again, but its economy is still shattered

April 9, 2014

The Greek government looks set to return to bond markets this week, after a four-year absence – its last issue for seven-year bonds was in the first quarter of 2010, a couple of months ahead of the bailout that locked it out of markets. But earlier this year, finance minister Yannis Stournaras laid out a [...]
What you need to know before the open

April 9, 2014

Something of a mixed open expected for European markets today, with the Fed’s open market committee minutes out later on. They could shed some more light on the decision to lose the 6.5 per cent guidance threshold on unemployment. The US saw a positive session yesterday, but there's still worry over how things will pan [...]
Toyota announces recall of 6.4m vehicles

April 9, 2014

The world’s largest carmaker, Toyota, is recalling 6.4m vehicles worldwide, owing to five separate issues, it said today. The Japanese firm said the recalls involve 27 Toyota models, with 3.5m vehicles being recalled to replace a cable attached to the driver’s side airbag. It says: The driver’s airbag module in the involved vehicles is attached [...]
Any Other Business – 09/04

April 9, 2014

SO, DIAMOND Bob has snaffled one of his old colleagues from Barclays, John Vitalo, to head up his new African bank buying venture, Atlas Mara. What does it all mean? Well, it could mean we’ll see the eternally cleanly-shaved Diamond sporting a tash come November. As you can see from Vitalo’s Movember mug shot (pictured), the [...]
London owes a quarter of all housing mortgages

April 8, 2014

There's more proof, if anyone still needs it, of London’s runaway dominance of the housing market out today. Data put together by the Council of Mortgage Lenders has shown the top 20 most-mortgaged postcodes are all in London, as well as the vast majority of the top 100. With a total of £649,426,811 in outstanding [...]

UK Private Capital raises alarm over ‘slow and unclear’ progress from Mansion House signatories

Matchroom could move into booming rugby in a big way, says Hearn

London Sports Festival Serves Up Pickleball in New Street Square

By: Harriet Green

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