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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EU referendum: Russian President claims David Cameron tried to blackmail the European Union

June 18, 2016

Vladimir Putin has accused David Cameron of trying to "blackmail" the European Union to scare the bloc into granting him concessions ahead of the 23 June referendum. The Russian president, who foreign secretary Philip Hammond said was the only world leader that supported Brexit, added he could not understand why David Cameron was letting the public have a say [...]
Olympics 2016: Rio de Janeiro declares financial emergency in latest setback

June 18, 2016

Rio de Janeiro has declared itself in a state of financial emergency as it scrambles to avoid a complete shutdown of vital public services ahead of the 2016 Olympic Games. With just 49 days until the opening ceremony, the Brazilian city has gone cap in hand to the federal government to ask for extra cash [...]
Thomas Mair arrives in court to be charged with murder of Labour MP Jo Cox

June 18, 2016

A 52 year old man has been charged with the murder of Jo Cox after the Labour MP was shot and stabbed in a tragic killing on Thursday. Thomas Mair, who was arrested immediately after the attack outside a constituency surgery Cox was holding in Birstall, has now been formally charged by West Yorkshire Police and [...]
EU referendum: IMF says an acrimonious Brexit would spark recession and permanently knock UK economy

June 18, 2016

The economy could be plunged into recession, unemployment would jump and wages tumble if the UK votes to leave the European Union, the International Monetary Fund (IMF) has warned today. In its latest assessment of the dangers of walking away from the EU, the IMF said the consequences would be “negative and substantial” while household incomes would [...]
At the close: Sterling stable and FTSE 100 fizzes

June 17, 2016

Markets ended the day on the up as the moratorium in the EU referendum campaign allowed markets to compose themselves ahead of what is certain to be one of the most volatile weeks since the financial crisis. The FTSE 100 recovered some lost ground to close above the benchmark 6,000 point mark – but only just. [...]
Which set of fans drank more during yesterday’s England vs. Wales clash?

June 17, 2016

Do you drink more in commiseration or celebration? It's an age-old question. Is the desire to hit the bottle or go out on the town a bigger draw? And when do we feel best about splashing the cash – when half of it's getting spilt on the floor or being stewed over in a darkened corner? The answer [...]
EU referendum: What time will the EU referendum result be announced?

June 17, 2016

At 7am on 23 June, the polls will open and millions across the country will trickle into town halls, churches, schools and community centres to cast their vote in the EU referendum. National plebiscites are a rare beast in UK politics. This will be only the third since 1973: The second on Europe following the [...]
European Union extends sanctions against Russian-annexed Crimea

June 17, 2016

The European Union has paved the way to extend its sanctions programme against Russia today, announcing the ban on doing business with the Russian-annexed parts of Crimea will stay in place for another year. Sanctions were imposed on Russia in the aftermath of its invasion of Crimea and the ensuing instability in Ukraine. Today's decision bans all [...]
Conservative Party will not contest Jo Cox’s Batley and Spen seat at by-election

June 17, 2016

Both the Conservative Party and Ukip have announced they will not put forward candidates in the Batley and Spen by-election following the tragic death of Labour MP Jo Cox. Cox, who was elected to parliament for the first time only last year, was shot and stabbed outside a constituency surgery yesterday afternoon. The political world was united in grief, with [...]
Could the EU referendum be delayed following the death of Jo Cox?

June 17, 2016

A host of EU referendum campaign events across the country have been cancelled today following the tragic death of Labour MP Jo Cox. The prime minister immediately abandoned plans for a rally in Gibraltar, George Osborne also changed his Mansion House speech at the last minute to reflect on Cox's life and work. Labour Leave and Economists for Brexit also scrapped their latest [...]

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By: Jake Cordell

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