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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RBS’s share price falls as it reports decline in third quarter profits missing estimates

October 30, 2015

Royal Bank of Scotland has reported third quarter adjusted operating profits down more than half, missing expectations. The lender's shares fell one per cent to 317.40p as the markets opened on the news. The figures The bank said pre-tax profit before one time items and restructuring costs fell to £842m, from £2bn a year ago, after £126m of losses relating to IFRS volatility, and £77m of [...]
Chancellor George Osborne launches National Infrastructure Commission

October 30, 2015

Chancellor George Osborne today launched the National Infrastructure Commission, to oversee £100bn of spending on infrastructure projects. He said infrastructure is "at the heart" of the November spending review, with the money being used by 2020, and insist that the promised £15bn roads investment strategy will be realised. Read more: CBI/AECOM poll: infrastructure is a top concern [...]
Three key takes from the Davies Review into women in boardrooms

October 29, 2015

The eagerly-awaited Davies Review into women in boardrooms was published today, setting a new target for a third of the boards of Britain's biggest listed companies to be made up of women by the end of the decade. The target of 25 per cent of board members to be women on the FTSE 100 has been met, and FTSE [...]
The Tampon tax: Another reason to be annoyed with the EU?

October 29, 2015

First thing’s first, the 5 per cent VAT levy on sanitary products (or "the tampon tax") is wrong. They are an essential item that should under no circumstance be subject to VAT and they are a far cry from a "luxury item". This is a view held by a wide range of MPs from across the political [...]
BT’s share price rises after it reports adjusted pre-tax profits rise 15 per cent for the first half of the year as new customers are added

October 29, 2015

BT added a record number of television customers in the second quarter, reporting a 15 per cent rise in adjusted pre-tax profits for the first half. BT's share price rose 0.8 per cent in early trading on the news. The figures BT reported adjusted profit before tax of £642m for the three months to the end [...]
Barclays’ share price falls as it reports a 10 per cent slide in adjusted pre-tax profits for the third quarter

October 29, 2015

Barclays reported adjusted pre-tax profits to have fallen, missing expectations. Barclays' share price fell 3.34 per cent in early morning trading on the news. The figures Barclays reported a 10 per cent fall in adjusted pre-tax profit to £1.43bn for the third quarter, from £1.85bn last quarter and £1.59bn for the same period a year ago. [...]
EU referendum: “UK is yet to reveal details of renegotiation”, say European leaders

October 29, 2015

As Prime Minister David Cameron met with eight other European leaders in Iceland yesterday, two revealed the United Kingdom has not yet laid down concrete plans on what it wants to achieve in a renegotiation with the European Union. Cameron has previously said he will announce a full set of proposals in November, adding that "negotiations [...]
EU referendum: Bookies’ odds show increasing probability of Brexit

October 28, 2015

The debate before the upcoming In/Out European Union referendum is hotting up, with polls showing results are likely to be increasingly close. And odds at one bookmaker is changing in response, with Betfair suggesting customers have been backing a UK exit from the EU. Read more: Report: Britain is the least "European" nation in the EU The [...]
Apple share price rises on record results

October 28, 2015

Apple's share price has risen 2.89 per cent as markets opened in the US after record breaking results, which the company reported yesterday. The company had expected earnings per share for the three months to the end of September to hit the $1.87 – $1.88 mark, but beat expectations by a long way, with the figure coming in [...]
Twitter share price plummets after reporting user growth that failed to impress

October 28, 2015

As American markets opened today Twitter's share price plummeted 10.6 per cent to $28, despite yesterday reporting revenue rising in the three months to 30 September. Yesterday, the tech giant reported monthly active users rose up 11 per cent year-on-year to hit 320 million, but this failed to impress investors. Twitter dragged fellow technology stocks down with it, [...]

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By: James Nickerson

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