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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6 people have died in Venezuela’s protests. Here’s what you need to know

February 21, 2014

Panic and fear are gripping the people of Venezuela. Although anti-government protests have pretty much become a fixture in the South American country since President Nicolas Maduro came to power, they’ve picked up apace over the last few weeks. In the past eight days, clashes between protesters and security forces have seen six fatalities and [...]
Retail sales fall more than expected in January

February 21, 2014

UK retail sales weren’t as good as expected in January. Month-on-month, they fell 1.5 per cent, after December’s particularly strong 2.5 per cent rise on the back of bumper Christmas shopping. Analysts had expected a fall of one per cent in January. The decline's the biggest since April 2012. But the underlying trend in retail [...]
Axa shares slide as earnings miss estimates

February 21, 2014

Insurance firm Axa has reported net income up 14 per cent in 2013 to €4.5bn. Lower than expectations of analysts polled by Thomson Reuters, who has forecast earnings of €4.96bn, the figure was negatively impacted by interest rates and foreign exchange hedging derivatives, the firm said. Shares have fallen almost two per cent on the [...]
What you need to know before the open

February 21, 2014

With UK retail sales out this morning, European markets are expected higher. Stocks were seen rallying in premarket trading, tracking US counterparts. Along with Asian stocks, they responded well to better-than-expected US manufacturing data, contrasting to the previous day’s weak results for China. This morning, Ukraine President Viktor Yanukovych said a deal, which will be [...]
Any Other Business – 21/02

February 21, 2014

THOSE of you heading for a Friday night out at Sushi Samba later might want to take some provisions with you. Word comes to us that one City consultant got stuck in the lift at the restaurant for four hours last Friday evening. Stephen Pearce, whose consultancy Kennedy Pearce also has an office in Heron [...]
Eurozone consumer confidence slides in February

February 20, 2014

Confidence in the economy relapsed in the Eurozone in February. The European Commission’s consumer confidence index fell to -12.7, from 11.7 in January. Analysts had expected things to improve slightly, to 11.25. Across the European Union, January’s reading of -8.8 fell to -9.3 this month. The fall follows weaker Eurozone PMIs, out earlier today. [...]
What you need to know before the US open

February 20, 2014

US stock index futures suggest markets will open lower, as investors look again towards ongoing emerging market turmoil. The continuing and severe violence in Ukraine at the moment has seen the country’s hryvnia plummet to five-year lows, and state debt insurance rising to 2009 highs. Weaker growth from China – the Markit/HSBC purchasing managers’ index [...]
3 electric car myths debunked

February 20, 2014

If Tesla Motors' results are anything to go by, it looks like electric cars are taking off. Yesterday, the firm revealed a gross profit of $156.6m (£93.7m) – over six times higher than than a year earlier. The forward-thinking company, which is headed by PayPal and SpaceX founder Elon Musk, saw record transactions of its [...]
UK commercial vehicle production hit by new emission laws

February 20, 2014

Dwindling EU demand, because of region-wide restructuring and emission laws, saw commercial British vehicle manufacturing fall again in January – by 14.6 per cent. In the month, 6,681 units rolled off production lines, with home and export markets seeing falls, according to the Society of Motor Manufacturers and Traders (SMMT). Chief executive Mike Hawes commented: [...]
January mortgage approvals up over a third from a year ago

February 20, 2014

More fuel to stoke house price fear fires this morning, with added evidence that market activity started 2014 very much on the front foot. Mortgage approvals hit their highest level in six years in the final quarter of 2013, averaging 70,000. And in January, they were up 33 per cent year-on-year. According to figures from [...]

Reform fundraiser Nick Candy offloads £270m mansion in ‘biggest sale ever’

Chelsea suffer biggest financial loss in Premier League history

Friends of The Whisky Exchange launches to reward customers

By: Harriet Green

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