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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Sophos’s share price surges on positive full year outlook

November 11, 2015

The share price of Sophos is surging today after upgrading its full year outlook when it posted its results. The share price of the cyber security giant were 7.42 per cent up at 270.25p per share in early afternoon trading. Read more: Sophos IPO – London's biggest ever tech float is coming in July, Apax [...]
Centamin’s share price slides after reporting pre-tax profit more than halving as it deals with the falling price of gold

November 11, 2015

Centamin's share price is one of the biggest losers on the FTSE 250 index today after posting poor results. The mining company's share price was down 5.26 per cent, at 59.33p per share. in late morning trading. The company, which operates in Africa, said pre-tax profit in the third quarter mover than halved to $6.3m, from [...]
Work and Pensions Committee pressure chancellor George Osborne to delay tax credit cuts for a year

November 11, 2015

A group of influential Members of Parliament, including six Conservatives, have called on chancellor George Osborne to delay cutting tax credits. The Work and Pensions Select Committee today published a unanimous cross-party report calling on the government to "pause for a year and plan for a major overhaul of the tax credit system". Read more: Osborne's "rhetoric [...]
At the close: FTSE 100 index closes slightly down on miners

November 10, 2015

The FTSE 100 fell marginally again today as miners continued to suffer losses. The blue-chip index closed the day 0.32 per cent down at 6,275 points. Tuesday's largest faller was Anglo American, which saw its share price fall 4.54 per cent to 492.22p per share. Glencore also shed 4.15 from its share price to close at 105.15 [...]
Oldham West and Royton by-election 2015 result: There could be a massive upset on its way if Ukip has its way

November 10, 2015

The forthcoming by-election in Oldham West and Royton will be a fascinating contest, prompted by the tragic death of Michael Meacher, an old school conviction politician who worked tirelessly for his constituents. His death, at a time when the Labour Party is in flux and the Tories are in state of post victory complacency, makes [...]
Former shadow business secretary Chuka Umunna says he supports Prime Minister David Cameron’s demands on EU treaty change

November 10, 2015

Chuka Umunna, Labour's former shadow business secretary, has come out in support of Conservative prime minister David Cameron’s demands on European Union treaty changes. Umunna told City A.M. that Cameron’s demands, laid out in a letter to European Council President Donald Tusk, are “reasonable”. He said: “In the end the demands the Prime Minister have [...]
Competition and Markets Authority finds a lack of price competition in private healthcare in central London is “harming customers”

November 10, 2015

A lack of price competition in private healthcare in central London is “harming customers”, the Competition and Markets Authority has provisionally found after an appeal by HCA International Limited. The CMA has found that the market share of HCA International, together with high barriers to entry and expansion in central London have resulted in weak [...]
Tullow Oil’s share price is now losing ground after gains yesterday

November 10, 2015

After having rallied as much as 17 per cent in Monday's trading, Tullow Oil's share price is today one of the biggest losers on the FTSE 250. In late morning trading Tullow Oil was trading 5.13 per cent down at 216.40p. Yesterday Tullow Oil's share price reached 258.55p per share. Read more: Tullow Oil's share price [...]
Donald Tusk: Cameron letter received, negotiations will begin soon for “fair deal” for Britain and other member states

November 10, 2015

President of the European Council Donald Tusk has confirmed receipt of a letter from Prime Minister David Cameron outlining the terms of treaty change he wants to achieve. Tusk said on Twitter: "Acknowledgement of receipt. With David Cameron's letter, negotiations on UK in EU can now begin". The EU Commission has also said it is [...]
At the close: FTSE 100 taken lower by Glencore and InterContinental Hotels Group

November 9, 2015

The FTSE 100 ended Monday's trading session lower, taken down by utility and mining companies as well as InterContinental Hotels Group. The blue chip share index closed 0.92 per cent lower at 6,295. InterContinental Hotels Group, one of the world's largest hoteliers, saw its share price fall 4.83 per cent during the day to 2,640p per share, [...]

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By: James Nickerson

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