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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How shareholders are keeping faith in Carpetright

April 1, 2014

Poor old Carpetright was in a frayed state last week when a third profit warning by the group in six months sent shares down five per cent from 586p to 556.5p. The retailer, which is in the hands of its chairman and founder Lord Harris, after chief executive Darren Shapland quit last year, bemoaned that [...]
What you need to know before the US open

April 1, 2014

Stocks across the globe have been given a boost after positive remarks by Janet Yellen yesterday on the Fed’s attitude towards a rate hike – soothing worries one would come earlier than expected. Futures point towards a positive open, as markets continue the moderate gains seen in the first quarter. Investors will also have the [...]
Greece bailout gets seal of approval from Eurozone finance ministers

April 1, 2014

Long-delayed bailout aid for Greece has today been agreed on by Eurozone finance ministers, reports the FT. The deal, which will see €8.3bn divided into three payments, ends a six-month standoff between Athens and its international leaders, says the paper. It comes in the nick of time; the country needs to pay a €9bn bond [...]
UK manufacturing is staying strong, despite 8-month low

April 1, 2014

Despite the upturn in UK manufacturing remaining solid, activity fell to an eight-month low in March. Markit showed a reading of 55.3, underlining the cooling of growth from the highs seen last year. February saw a reading of 56.2, and analysts had expected a reading of 56.9 last month. “It was always extremely unlikely that [...]
Aberdeen shares jump on further cost cuts

April 1, 2014

This morning, Aberdeen Asset Management confirmed it’s completed its acquisition of Scottish Widows Investment Partnership (SWIP) for £550m. As part of the sale, the group is issuing 125.85m new ordinary shares to Lloyds Banking Group, 108m of which have been issued today, plus a deferred top-up payment of £39.4m, which is payable at the end [...]
FCA boss Wheatley says he won’t quit over insurance blunder

April 1, 2014

Martin Wheatley is not intending to step down as chief executive of the Financial Conduct Authority after last week’s embarrassing episode when it bungled an announcement on a new insurance probe. The regulator is investigating the fees and charges faced by savers with policies dating back forty years. The announcement saw shares in insurers plummet [...]
Luxury watchmaker Bremont is set to become the first company to release a fully mechanical “smart watch”

April 1, 2014

Wearable tech has become the latest fashion among early adopters but the gadgets have failed to move purists, who value the centuries-old tradition of mechanical movements. Bremont’s A1 smart watch hopes to bridge the gulf between the two worlds. The rotund device can be used as a music player, incorporating a miniature reel-to-reel tape system [...]
BHP Billiton reacts to demerger speculation

April 1, 2014

BHP Billiton has issued a statement in response to so-called “market speculation” about its decisions on simplifying its portfolio. The response comes after the Australian Financial Review reported that the miner has been weighing up different options for over a year, including spinning off non-core assets, in a move that could see a new $20bn [...]
Asian markets mixed after data and Japan tax hike

April 1, 2014

Trading in Asia’s been mixed today. Some weak data has slightly dented equities, after what otherwise could have been a rally, following a sturdy first quarter for US markets. A disappointing reading for China’s manufacturing sector, with the purchasing managers’ index falling to 48 in March – the lowest reading since last July. Any number [...]
Markets jump on Yellen’s jobs speech

March 31, 2014

Chair of the Federal Reserve, Janet Yellen, has been speaking in Chicago on the health of the US economy and what the Fed's doing to promote a stronger jobs market. For many Americans, she said, “the recovery still feels like a recession” and “it also looks that way in some economic statistics”. The US economy [...]

Lewis Moody seeking sponsors for 500-mile ride in aid of MND

Lewis Moody seeking sponsors for 500-mile ride in aid of MND

Inside the Wetherpoons pub with great Tower of London views

By: Harriet Green

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