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.

All 1029 Articles

Sterling holds steady against major currencies as flurry of EU referendum opinion polls eases

June 8, 2016

The pound has held steady today after a frantic week in the foreign exchange markets as market-moving referendum news proved elusive and traders were able to catch their breath. Sterling was up 0.3 per cent against the US dollar at $1.4590 at lunchtime, while it was unchanged against the euro at €1.2817. Currencies have been at the forefront [...]
Manufacturing output smashes expectations to defy Brexit slowdown

June 8, 2016

British manufacturing output surged in April, denting fears that the UK economy is on pause ahead of the EU referendum. Industrial production climbed by two per cent during the month alone to stand 1.6 per cent higher than April last year – jumping well ahead of expectations that the industry would suffer another modest decline. [...]
Chinese trade falls, but imports hold up as domestic demand looks robust

June 8, 2016

Official figures out this morning have allayed concerns that the Chinese economy is heading for a bumpy landing. Trade data showed the world's second largest economy stretched its surplus – the difference between the value of exports and imports – to $50bn (£34bn) in May, up from $47bn one month earlier. Both the value of goods and services [...]
EU referendum: Jeremy Corbyn leads calls for voter registration deadline to be extended after website crashes

June 8, 2016

— UPDATE 11.42AM: The Electoral Commission has now called for the voter registration deadline to be extended Jeremy Corbyn and a host of MPs have called for the deadline to register to vote in the EU referendum to be extended after surging demand caused the government's official website to crash last night. A total of 515,000 people logged on [...]
Sainsbury’s share price rises despite first quarter sales fall

June 8, 2016

UK supermarkets' problems are still lingering in the new financial year, after Sainsbury's reported a fall in like-for-like sales over the last three months and warned of challenging times ahead. With total sales looking steady and investors fearing worse, however, shares jumped 2.6 per cent to 253p in early trading. The figures Total retail sales excluding fuel were up 0.3 per cent in [...]
UK set to miss out on Euro 2016 stock market bump

June 8, 2016

As national teams land in France ahead of Euro 2016, city workers may be looking forward to letting one eye drift from the Bloomberg terminal towards live blogs and TV coverage. However, while summer is usually seen as a quiet period for the stock markets, CMC Markets have found that performance at the tournament could drive performance [...]
Women could miss out on financial success as they shun the stock markets

June 7, 2016

A new campaign to get more women involved in the stock markets has been launched today as it was claimed women were missing out on financial success because they are shunning riskier investments. A survey by YouGov for the initiative launched by advice website Boring Money found a "whopping 85 per cent of British women are disengaged with the stock [...]
Buffet with Buffett: Could you be the first Brit to take the Sage of Omaha to lunch?

June 7, 2016

The square mile boasts more than its fair share of well-seasoned lunchers. But post-crisis corporate cost-cutting may have dented even the Sage of Omaha's chances of getting City-types to fork out for a three-hour sit down over steak. Bidding may have opened for the annual charitable lunch with the world's most famous investor Warren Buffet over the [...]
London’s rapid growth fuels our polarised job market

June 7, 2016

Last year was another successful one for the capital’s job creation machine. Employment rose by 2.5 percent in 2015, beating the UK-wide rate of two percent, providing work to another 107,400 people. But these gains weren’t evenly shared. Since 2008 London has seen phenomenal growth of very high and very low skilled jobs, whilst those in the [...]
Sterling jumps back and Remain odds cut on latest EU referendum poll

June 7, 2016

A strong poll for the Remain side has sent the pound surging today in the latest swings in the currency markets. After yesterday's dramatic fall, the pound has climbed by more than one per cent against the US dollar to stand at $1.4592 this lunchtime. The shift came after a new poll by ORB found the Remain side [...]

Back of the Netflix: Sports content is fuelling wave of ad-funded streaming

School of Hard Knocks and Investec celebrate spring rugby tournament

Barbican Centre: the brutalist landmark weaving art into everyday London life.

By: Jake Cordell

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