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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Government to fast track oil and gas industry review recommendations

February 24, 2014

The government has said this morning that it’ll fast-track implementing recommendations from the Wood Review, a report it commissioned to assess the country’s gas and oil potential. Sir Ian Wood, report author and former chairman of Wood Group, said the UK’s oil and gas industry should pay for the creation of a new regulator to [...]
HSBC shares dive on profits miss

February 24, 2014

HSBC, Britain’s largest bank, has reported full-year pre-tax profit of $22.6bn (£13.6bn) – up nine per cent, but below its own $24.6bn estimate and market consensus of $25bn. But shares have tumbled this morning, down almost five per cent, as investors respond to the disappointment. The bank has been on a drive to tighten its belt, [...]
Rolls Royce bags $90m US Marine Corps engine contract

February 24, 2014

Rolls Royce has said this morning that it’s won a $90m (£54m) production contract for engines to power MV-22 aircraft operated by the US Marine Corps. The defence company will provide 40 Rolls Royce AE 1107C engines, which it’ll manufacture in Indianapolis, Indiana. The AE product family has over 5,800 engines in service, with the [...]
Mothercare CEO Calver resigns

February 24, 2014

Mothercare has announced this morning that its chief executive Simon Calver has handed in his notice. Calver’s resigned “with immediate effect”, the company said, and will leave at the end of March. The baby goods retailer, with issued a profit warning in January, following heavy Christmas discounting, has yet to appoint a successor. Calver will [...]
What you need to know before the open

February 24, 2014

European markets are expected marginally lower this morning, following Asian counterparts, which were left unsatisfied by the G20’s commitment of an extra $2 trillion in output over the next five years. The UK market posted its third successive gain last week, but things in the rest of Europe and the US weren’t as positive, following [...]
Essar says no to Ruia buyout bid

February 24, 2014

Last week, proposals by the Ruia family to take Essar Energy private were advised against by investors. And this morning, it looks like the warnings have been heeded. India-focused Essar Energy has announced that the possible offer by Essar Global Fund Limited (EGFL) – the Ruias’ investment vehicle – “clearly undervalues” the company. EGFL is [...]
Any Other Business – 24/02

February 24, 2014

MOST of us can say we’ve been to a boring conference but probably not to one that advertises itself as explicitly as…The Boring Conference. It’s coming to Conway Hall on the outskirts of the City in May and is the fourth event of its kind, having started as a joke in 2010. “We’ve got a [...]
Chart: How much the Fed laughed during its 2008 crisis meeting

February 21, 2014

The Federal Open Market Committee's emergency meeting that was held the day after Lehman Brothers went bust was a pretty amusing affair for those there – or maybe just a case of choosing whether to laugh or cry… This graph shows how frequently laughter punctuated the meeting – it was held on the 16 September. [...]
January’s drop in US housing sales is nothing to worry about

February 21, 2014

US home sales dropped 5.1 per cent to 4.62m in January. Forecasts had been for a fall, although to a more encouraging 4.68m, following December’s 4.87m. Annualised, they fell to a 462,000 rate, the National Association of Realtors said. Weakness in housing activity has been put down, almost wholly, to the unseasonably bad weather the [...]
What you need to know before the US open

February 21, 2014

US stock futures have edged higher as investors concentrate on the fortunes of tech companies, following some strong results. Better-than-expectated manufacturing data have continued boosted confidence across European and Asian markets, particularly after China’s equivalent results were weaker than forecast. Focus is on existing home sales, which are expected to have fallen slightly in January, [...]

Millions of parents miss out on free pension cash by overlooking this rule

Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals

How something as simple as walking could change your life

By: Harriet Green

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