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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2013 growth revised down as savings worries mount

March 28, 2014

The UK economy grew by 0.7 per cent in the last quarter of 2013, in line with consensus, according to the latest numbers from the Office for National Statistics (ONS). But for the full year, GDP was revised down to 1.7 per cent, compared to the earlier estimate of a 1.8 per cent rise from 2012. [...]
Canary Wharf owner sees shares rocket 21pc on results

March 28, 2014

Songbird Estates, the developer of Canary Wharf, has posted a pre-tax profit jump from £201.5m to £900.8m. Shares leapt 13 per cent at the open this morning, and are now up an impressive per cent at 235p per share. Underlying profits have dropped marginally to £22.4m, but the firm got a boost from surging London [...]
What you need to know before the open

March 28, 2014

European markets are expected higher this morning, with resources predicted to gain on growing confidence that China will act to increase stimuli to boost the economy. Weaker-than-expected economic data has prompted premier Li Keqiang to suggest authorities are ready to press on with infrastructure investment. That’ll mean a focus on miners, as the moves have [...]
Aviva sells US equity manager River Road

March 28, 2014

Insurer Aviva’s announced that Aviva Investors, its asset management business, has reached a deal to sell equity manager River Road Asset Management. They've found a buyer in the form of Affiliated Managers Group, a Massachusetts-based investment firm. The move comes as the group looks to simplify its business, making it “more focused”, with an integrated operating [...]
City & Gild: Does low cost have to equal low expectations?

March 28, 2014

Easyjet has announced that it is cutting its expected pre-tax losses, with CEO Carolyn McCall attributing its success to “progress against strategic priorities”. One of those key priorities is allocated seating, introduced by the budget airline in November 2012 and very well-received by its customers. I have the frequent displeasure of flying Ryanair and have [...]
Asian markets head for best week since last April

March 28, 2014

Asian stocks are heading for their biggest weekly advance in 11 months, with the MSCI Asia Pacific index gaining 0.7 per cent. Copper's pared a quarterly decline and investor confidence growing on hopes of further economic stimulus from the Chinese authorities. Chinese premier Li Keqiang has stated that the country does have policies in reserve [...]
UK labour costs have grown more slowly than any other major EU economy

March 27, 2014

The UK’s labour costs have stalled more than any other major EU economy, with no increase at all in the five years since the crisis, according to official European statistics released this morning. Denominated in euros, labour costs actually dropped 0.3 per cent between 2008 and 2013, illustrating both the slow pace of UK wage [...]
Mysterious Pears dynasty backs new venture to build £1bn of London homes

March 27, 2014

One of the biggest and most private landlords in London and the South East has thrown its weight behind a £200m joint venture that aims to build £1bn of new homes in central London over the next five years. The Pears family, which owns the Coutts bank building on London’s Strand and the Coronet theatre [...]
What you need to know before the US open

March 27, 2014

US GDP fourth quarter results showed the economy grew a bit more quickly than expected in the fourth quarter (by 2.6 per cent), bolstered by stronger consumer spending. Futures were up ahead of the numbers, which will no doubt boost investor sentiment. Separate data releases show that initial jobless claims fell to 311,000 in the week [...]
London’s 13 favourite skyscrapers ranked

March 27, 2014

A report out two weeks ago documented over 236 skyscrapers coming to the city – over double what it’s got now. London's long been thought of as a low-rise city – compare it with New York and Hong Kong – but it looks like its skyline's in for a shift – upwards. How do Londoners [...]

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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