By: James Nickerson

I am a reporter at City A.M. looking at the stories, people and data behind political events from the UK, Europe and further afield. I also write about infrastructure and transport, as well as broader issues around global business.

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Setback for Labour leader Jeremy Corbyn on Trident as his plans for Labour members to get a say is “against rules”

January 12, 2016

Labour leader Jeremy Corbyn was delivered a blow against his hopes of reversing his party's backing of Trident, after the party's general secretary unambiguously said there would be no change in its policymaking process before September. At a parliamentary meeting Iain McNicol told MPs that any changes in the way the party determined policy would [...]
US Democrat presidential hopeful Hillary Clinton proposes crack down on rich with four per cent tax

January 12, 2016

Given that Democrat presidential hopeful Hillary Clinton has pledged not to raise taxes for people earning less than $250,000 a year, it's not surprising she has now proposed a new tax on the rich. After campaigning on the promise to raise tax on the wealthy, Clinton's proposal will add a four per cent tax to those individuals who make more [...]
Students perform better in London as the regional school results gap widens, a new study finds

January 12, 2016

The old adage "location, location, location" doesn't just apply to buying a house. If you want your children to do well at school, it's becoming increasingly important you take account of where in the country you live, according to new research. A new study by the Social Market Foundation has found that where children grow up has become more [...]
FTSE 100 index opens up on supermarkets as share price of Tesco, Sainsbury’s and Marks & Spencer rise following Morrisons results

January 12, 2016

The FTSE 100 index opened higher this morning as housebuilders and supermarkets made gains. The UK's blue-chip index rose 0.2 per cent to 5,883 points, led higher by Tesco, Sainsbury's and housebuilder Berkeley Group. The index made gains despite continued scepticism about the state of the Chinese economy. Read more: And they’re off – Shire and Baxalta agree $32bn [...]
AO World post strong third quarter results as it says it is on track to launch in the Netherlands

January 12, 2016

Electrical specialist AO World has reported revenue growing in the third quarter as it says the company is on track to launch in the Netherlands and progress has been made in Germany. The figures The company reported that UK revenue for the three months to the end of December were up 24 per cent year-on-year. Meanwhile, ao.com's revenue increased by 35 [...]
Virgin Money announces two new appointments to senior executive team, with Peter Bole to join as chief financial officer and Hugh Chater to take on the role of chief commercial officer

January 12, 2016

Challenger bank Virgin Money has appointed former Tesco Bank finance chief Peter Bole as its new chief financial officer. In a statement today, the bank said he will join in 2017. Read more: Virgin Money replaces KPMG with PwC as auditors Glen Moreno, chairman of Virgin Money, said Bole is "an accomplished professional with first-class strategic financial management experience. "I [...]
Media mogul Rupert Murdoch and former model Jerry Hall announce engagement (in The Times, obviously)

January 12, 2016

Media magnate Rupert Murdoch and former model Jerry Hall have announced their engagement at the ripe ages of 84 and 59 respectively. The announcement of their engagement was printed in the births, marriages and deaths section of The Times newspaper, which Murdoch's company News UK owns. "Mr Rupert Murdoch, father of Prudence, Elisabeth, Lachlan, James, Grace and Chloe Murdoch, [...]
Labour: Karl Turner appointed shadow attorney general after Catherine McKinnell resigns citing internal conflict within the party

January 11, 2016

UPDATE: Labour leader Jeremy Corbyn has named Karl Turner shadow attorney general, just hours after Catherine McKinnell resigned the post. McKinnell's resignation was just the latest setback for Labour, which has suffered a spate of resignations following Corbyn's recent reshuffle. In a letter to Corbyn published earlier today, McKinnell said: "I have found it increasingly difficult [...]
US stocks rise as markets shake off China concerns

January 11, 2016

It seems American investors have finally driven the bears away: US markets opened up as fears over China’s economy started to abate. After a sharp fall last week, US equities started this week with more confidence. The Dow Jones jumped 100 points as trading began, helped along the way by Apple, which itself made gains [...]
EU migrant crisis: The majority of European CFOs think refugees entering Europe will have a positive impact on the economy

January 11, 2016

A majority of European chief financial officers believe that refugees entering the continent will have a positive economic impact, according to new research. Nearly 60 per cent of the CFOs believe accepting migrants will help solve long-term demographic problems their nations face, such as an ageing population and shrinking labour force, based on a survey [...]

The year in law: Scale, survival, and the surge of the transatlantic titans

World Triathlon targets T100 Olympic event as soon as Brisbane 2032

The history of Christmas dinner, from steamed sheep’s head to traditional turkey

By: James Nickerson

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