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 much will the floods costs insurers?

March 3, 2014

The recent soaking that considerable chunks of the country received will cost the insurance industry around £1.2bn, according the ratings agency Fitch. The losses relating to the floods will be “manageable”, Fitch said this morning, with the hit to insurers’ earnings remaining “limited”. It stressed firms are prepared for such events: These insurers are typically [...]
Video: The future of driverless transport is hiding at Heathrow

March 3, 2014

Driverless vehicles are either the future of motoring or the death knell for public transport, depending on whether you take your travel news from Google or the RMT. But tucked away beyond domestic arrivals at Heathrow is a driverless transport network that has been running successfully for nearly three years and is the first of [...]
City jobs have jumped 34pc but many hoped it’d be more. Here’s why

March 3, 2014

Jobs in the City grew by 25 per cent in February, compared to a year ago, according to recruitment firm Astbury Marsden. The group found that 3,220 new jobs were created in London's financial district last month, following a strong January. And more than that, 34 per cent more jobs have been created in the [...]
Job growth in UK manufacturing fastest since 2011 as Eurozone activity eases back

March 3, 2014

The UK’s manufacturing sector saw strong growth last month, with job creation reaching a 33-month high. Markit and CIPS’ purchasing managers’ index hit 56.9 in February, after analysts forecast 56.5. From Markit’s release: The strong upswing in the UK manufacturing sector was maintained during February, as levels of production and new business continued to rise at robust and [...]
Ukraine: The biggest crisis in Europe this century says Hague

March 3, 2014

Foreign secretary William Hague has called the current situation in Ukraine “the biggest crisis in Europe in the 21st century” this morning. Hague confirmed Russia’s taken operational control of Crimea, and that he’s “very concerned” about the possibility of movement by Russia further into eastern Ukraine. There is "no justification" for Russia's actions, he said. [...]
Russia’s stock market is crashing as central bank sells $10bn in FX reserves

March 3, 2014

Russia’s MICEX stock exchange is plunging on the growing crisis in Ukraine. It’s currently down almost 10 per cent at 1,304, with stocks heading towards their biggest slump since 2009. The rouble has also slid sharply. One dollar is currently worth 36.39 roubles. Mechel – one of Russia’s leading mining companies – plummeted 31 per [...]
Markets are spooked: FTSE 100 falls to two-week low

March 3, 2014

The FTSE 100 share index fell 108 points at the open, now down 1.1 per cent at 6,733. Cyclical shares have taken the biggest hit, as investors lose their appetite for risk, in the face of the escalating crisis in Ukraine. Other European markets are also in the red. The German DAX fell 1.8 per [...]
Information startup DueDil raises $17m

March 3, 2014

Business data platform DueDil has announced today that it’s raised a further $17m (£10.2m), taking the London-based startup's total investment to $22m in the past 10 months. Big data DueDil gives individuals and businesses free-to-access, up-to-date information on companies and directors. Led by Oak Investment Partners, DueDil’s latest funding round was also supported by London [...]
What you need to know before the open

March 3, 2014

European stock futures have been falling as the tensions in Ukraine continue to rise. The rouble is currently at an all-time low, and Russia’s central bank has announced it’s hiking its benchmark interest rate from 5.5 per cent to seven per cent. All European markets are expected to fall sharply at the open, after Ukraine [...]
Serco bags 3 leading lights as non-execs

March 3, 2014

After announcing at the end of last week that it’s appointed a new chief executive – in the form of current Aggreko chief Rupert Soames – government contractor Serco has said this morning that its drafted in three impressive new non-executives. Rachel Lomax, former deputy Bank of England governor, Mike Clasper, ex-BAA chief and chairman [...]

Abramovich foundation trustee has links to Starmer advisor Powell

Woods to McIlroy: How Tiger Slam at Masters reshaped economics of sport

The Lake District but thrilling, with yacht trips and 4×4 off-roading

By: Harriet Green

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