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

Barack Obama to meet Labour leader, Jeremy Corbyn, be quizzed by young Londoners and catch some Shakespeare in UK visit

April 23, 2016

Barack Obama will meet the Labour leader Jeremy Corbyn, hold a town hall style meeting with young Britons and visit Shakespeare's Globe in the second full day of his visit to the United Kingdom. The President of the United States caused uproar among Leave campaigners yesterday when he not only issued a passionate plea for Britain to [...]
EU referendum: Barack Obama says no to UK-US trade deal after Brexit

April 22, 2016

Barack Obama has shot down the idea that Britain could strike up a trade deal with the United States if it votes to leave the European Union on 23 June. In his controversial speech outlining his support for Britain's membership of the EU, the President attacked Leave campaigners who have claim they know how the [...]
Trafalgar Square turns Tudor to celebrate St George’s Day and 400th anniversary of the death of William Shakespeare

April 22, 2016

The floating Yodas and street artists of Trafalgar Square will have to compete not only with Nelson, the National Gallery and a few thousand pigeons for the attention of tourists tomorrow, but also a sea of red, white and all-things Shakespeare as the centre of London is taken over by the annual St. George’s Day celebrations. This [...]
Investors race to McDonald’s as profits and share price jumps on first quarter results

April 22, 2016

Hungry investors went large on their orders of McDonald’s this morning, hauling the world’s most famous fast food brand up by two per cent in pre-market trading after checking out some impressive first quarter results. McDonald’s worldwide revenues came in at a tasty $5.9bn (£4.1bn) for the three months to March. That was slightly slimmer [...]
Accountants warn that UK households are suffering from “massive over-indebtedness”

April 22, 2016

Britain’s accountants have sounded the alarm bells over what they see as dangerously high levels of debt across Britain. In a new report, launched today, the Association of Chartered Certified Accountants (ACCA), said a “growing amount of evidence indicated [there was] a massive over-indebtedness by vulnerable groups in UK society”. Unsurprisingly, students, the self-employed and [...]
Grexit: Europe tells Greece there will be no discussion about writing off any of its bailout debt

April 22, 2016

The European Commission has told Greece it is not considering writing off any of the €86bn (£67.5bn) handed over during the Greek bailout crisis, as it aims to have a new package of reforms wrapped up within the next week. Finance chiefs from Eurozone countries gathered in Amsterdam this morning to discuss the latest progress on the Greek bailout, [...]
Londoners: Stop whinging about astronomical rents. It’s so much worse in these other cities

April 22, 2016

Renters in London probably think they have good reason to feel hard done by. House prices seem to be going one-way, while wages just aren't keeping up. Map: How much you need to earn to live in every London postcode But a new report, out today, from the Global Cities Business Alliance, shows that Londoners [...]
Hiscox just stole the man from the Pru as it announces Aki Hussain as its new chief financial officer

April 22, 2016

Hiscox, the FTSE 250 and Lloyd's of London insurer, has appointed Aki Hussain as its new chief financial officer (CFO) this morning – poaching the chartered accountant from rivals Prudential. Hussain spent seven years at the Pru after starting his career with big four accounting firm, KPMG, and will be responsible for developing Hiscox's financial products and overseeing its [...]
Mark Carney wants more green bonds, Bitcoin technology and mobile banking to help deliver on United Nations’ climate change goals

April 21, 2016

Mark Carney has said the expansion of environmentally-friendly finance products will help the world economy fight climate change and enhance economic stability around the planet. The governor of the Bank of England said that innovative ideas such as "green bonds", which are used to fund projects that have a positive impact on the environment, along [...]
Super Mario comes out fighting to defend European Central Bank (ECB) against German attacks, negative interest rates and misfiring bazookas

April 21, 2016

Mario Draghi has hit back against critics of the European Central Bank (ECB), reiterating that nothing has been ruled out in its fight to stave off deflation in the Eurozone and wading into the Brexit debate in a defiant public appearance this afternoon. There was no change in the announcements from the ECB on interest rates and its bond-buying quantitative easing programme, [...]

Burnham would ‘probably’ have won by-election, says Powell

UK Sport: We invest £32m in winter sports because Britain cares deeply

Ministry of Sound: ‘industry is on the up’ as it reveals brand new take on The Box

By: Jake Cordell

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