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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London’s property boom: Right up there with the dot com bubble and Dutch tulips

March 27, 2014

More great news for homeowners in the capital! Following on from Tuesday’s revelation that London house prices shot up by an eye-watering 13.2 per cent in the year to January, research out this morning claims that our city’s property market is the third biggest economic boom of all time. An Office for National Statistics house [...]
79pc rise in Russian gas price will push Ukraine to the edge, warns PM

March 27, 2014

The price Ukraine pays for Russian gas will rise 79 per cent from 1 April to $480 (£290) per 1,000 cubic metres, according to Ukrainian prime minister Arseny Yatseniuk. In a speech to the country’s parliament, the premier said the upped price will push the country even closer towards economic tragedy: "Ukraine is on the [...]
UBS suspends FX traders in New York, Zurich and Singapore

March 27, 2014

Six more foreign exchange traders have been suspended by UBS, as first reported by Bloomberg. The move comes amid Switzerland’s largest bank’s internal investigation into alleged manipulation of key currency benchmarks. Three traders were in New York, two in Zurich and one in Singapore, according to two sources cited by the FT. One source reportedly [...]
IMF agrees $14-18bn rescue loan for Ukraine

March 27, 2014

The International Monetary Fund (IMF) has announced it’s agreed a $14-18bn (£11.6-14.9bn) stand-by deal with Ukraine, which’ll unlock further aid of up to $27bn from the international community over the next two years. "The mission has reached a staff-level agreement with the authorities of Ukraine on an economic reform programme that can be supported by [...]
Thomas Cook’s summer bookings leave Numis upbeat

March 27, 2014

Thomas Cook’s said today that, while growth’s on track, continued unrest in Egypt made winter trading difficult, describing performance as satisfactory. But Numis has stressed that the interim management statement reads well, and it’s expecting it to fuel “good short-term momentum” in shares. The travel provider saw 93 per cent of its winter season booked, [...]
H&M sees sales jump 12pc in March

March 27, 2014

High street favourite H&M has said this morning that pre-tax profit rose eight per cent in the first quarter of this year from a year ago. The Swedish company saw sales go up 12 per cent this month – it’s already reported revenues up 13 per cent year-on-year in the first quarter. Expansion work will [...]
What you need to know before the open

March 27, 2014

A lower open’s expected for European markets this morning, following the slightly surprising selloff seen in US markets yesterday. It’s unclear quite how the selloff came about, but President Obama’s criticisms of Russia’s actions in Crimea probably didn’t help. Meanwhile, weak underlying durable goods numbers yesterday point to still-listless demand on the US consumer front. [...]
Babcock bags helicopter provider Avincis

March 27, 2014

UK engineering group Babcock International has said this morning that it’s agreed to buy Avincis, which provides search and rescue helicopters. Babcock says the move will bolster future growth, with Avincis a “clear strategic fit” for it. The conditional agreement to pay £920m to buy Avincis from World Helicopters also sees Babcock assume Avincis’s net debt [...]
Any Other Business – 27/03

March 27, 2014

ZUCK’S had his wallet out again. Despite telling us he wouldn’t be buying any more companies for a while after Whatsapp, Facebook’s gone and splurged out on Oculus Rift, a virtual-reality headset company. Not only has the $2bn purchase wreaked havoc on Mark Zuckerberg’s company card, it’s also caused a bit of a kerfuffle for [...]
Why HSBC’s feeling excited about UK house building

March 26, 2014

HSBC has issued a bullish note today on housebuilders explaining why – despite the sector having already trebled in value since 2011 and despite fears overs the impact of future interest rate hikes and the 2015 general election – it still remains upbeat on the sector. The bank has an overweight rating on eight of [...]

NFL Draft: Premier League and Europe should adopt US system

NFL Draft: Premier League and Europe should adopt US system

Punchdrunk Theatre founder: These video games changed my life

By: Harriet Green

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