By: Jake Cordell

I'm City A.M.'s economics reporter, looking at the news, stories and data that move markets in the UK, Europe and around the globe. I also cover broader developments in the business and political worlds at home and abroad.

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Recession risks fade but Brexit still set to drag on growth

September 12, 2016

Business activity rebounded in England and Wales last month, a new survey out today shows, confirming that the steep falls seen in the days immediately following the EU referendum have been reversed. The Lloyds regional purchasing managers index (PMI) found that business activity in every region of the UK except Scotland returned to growth in August. [...]
US Presidential Election 2016: Hillary Clinton confirmed as having pneumonia after leaving 9/11 event

September 11, 2016

Hillary Clinton was diagnosed with pneumonia last week, her doctor revealed tonight after the presidential candidate was forced to leave a 9/11 memorial service early because she felt unwell. The Democrat appeared to stumble as she was escorted from the service in New York by her security team and led to her daughter's apartment, close to the ceremony. She emerged [...]
Go Compare to go its own way in Esure demerger

September 11, 2016

Go Compare will be spun off from its parent company, Esure, in a £500m demerger to be announced this week, according to reports. Sky News reported this evening the board of insurance group Esure will approve the deal to offload Go Compare and make a formal announcement to the stock market within the next few days. The move follows [...]
Alexis Tsipras attacks troika divisions for threatening Greek recovery

September 11, 2016

Greek prime minister Alexis Tsipras has attacked the arguments over Greece's bailout programme between the International Monetary Fund (IMF) and European Union for stifling the country's recovery. Speaking in Thessaloniki this morning, Tsipras said: "What is creating conditions of delay in regaining trust of markets and investors … is the constant clash and disagreement between the IMF and [...]
Bloomberg corproation tax

September 11, 2016

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In Brexit Britain, will charity begin (and end) at home?

September 9, 2016

Government is gearing back into action after a surprisingly business-as-usual summer. MPs have returned, announcements have started and there is one issue lodged at the top of the in-tray. Despite Theresa May’s pledge not to provide a “running commentary” on Brexit, it seems unstoppable. The Prime Minister has already ruled out a point-based immigration system, [...]
MasterCard hit with record £14bn bill as 46m customers could win compensation

September 8, 2016

MasterCard is being sued for £14bn in the largest legal claim in British history over allegations it used its market dominance to overcharge millions of UK customers. The credit card providers have been accused of charging shops excessive fees to process card transactions, which resulted in retailers being forced to pass on these costs in [...]
World Bank lays bare the $5 trillion cost of dirty air

September 8, 2016

A landmark study from the World Bank has found deaths as a result of air pollution cost the world more than $5 trillion (£3.8 trillion) a year. The new report, published yesterday, highlighted the staggering economic impact of one of the world’s top killers and prompted calls for government action from economists and conservationists. The [...]
London jobs market falters as UK returns to pre-referendum patterns

September 7, 2016

The London jobs market is still suffering in the wake of the UK's vote to leave the European Union, despite employment growing across the rest of the country, a new survey has revealed. The monthly jobs monitor from the Recruitment and Employment Confederation (REC), out today, showed appointments of permanent staff in August dropped for [...]
EMBARGO: London jobs market feeling the pinch

September 7, 2016

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OpenAI, SpaceX, Anthropic: the tech giants lining up blockbuster IPOs

Why Snap thinks 2026 will be Sport’s most connected and branded year yet

The Italy holiday taking in amazing skiing and a lesser-visited city

By: Jake Cordell

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