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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Facebook shares have tipped over $100 a share for the first time ever

October 23, 2015

Facebook shares have edged over the $100 per share mark for the first time ever today. Shares were trading 1.03 per cent up at $100.70 per share in mid-morning trading in New York. Earlier in the day Facebook's stock rose 2.5 per cent to $102.15 per share. Facebook's IPO price was $38 a share. Read more: Facebook's iOS app is [...]
Amazon, Google and Microsoft’s share prices go crazy on opening after posting strong results

October 23, 2015

Amazon, Google (aka Alphabet) and Microsoft's share prices all jumped as US markets opened today, reacting to strong results posted overnight. Amazon's share price opened nine per cent up, while Google's stock soared 11.7 per cent and Microsoft's shares rose 10.2 per cent. Results posted yesterday showed online retail giant Amazon's net sales rose 23 per cent to $25.4bn (£16.5bn) in [...]
Scunthorpe MP Nic Dakin: The Conservative government must do more to help steelworkers after Tata Steel, Caparo and SSI closures

October 23, 2015

The combined effort by Tata Steel and the government to commit £9m to help Scunthorpe steelworkers and the local community affected by job losses is welcome, but more must be done, according to Labour MP for Scunthorpe Nic Dakin. Speaking to City A.M. Dakin said: "All support is welcome. However, alongside what has been announced, [...]
Liberal Democrat London Assembly leader Caroline Pidgeon announces bid to become Mayor of London

October 23, 2015

The leader of the Liberal Democrat London Assembly Group, Caroline Pidgeon, today launched her campaign to become the Liberal Democrats' candidate for Mayor of London in the 2016 election. Visiting the Gower nursery school in Islington, she outlined the problems in London she would tackle if she got the job, including affordable childcare in the [...]
Tata Steel and the UK government commit £9m to help Scunthorpe steel workers

October 23, 2015

The Department for Business, Innovation and Skills, alongside Tata Steel, have announced an initial support package of up to £9m to support Scunthorpe steelworkers and the local community. Tata Steel announced earlier this week that it was cutting up to 1,200 jobs in Scunthorpe and Scotland as it scales back operations. Some 900 jobs will go in Scunthorpe [...]
Pearson’s share price is falling for the third day in a row and showing no signs of letting up

October 23, 2015

Pearson's share price is trading down for the third consecutive day, and not showing any signs of reversing. In late morning trading the FTSE 100-listed publisher's share price was down 4.4 per cent at 908.6p, having closed 4.9 per cent down yesterday. On Wednesday Pearson's share price fell 15.95 per cent, after it issued a profit warning, saying conditions in its markets [...]
Prime Minister David Cameron is “acting like a school boy bully” by not listening to the Lords on tax credit cuts says Liberal Democrat Lord Newby

October 23, 2015

The government's controversial decision to cut tax credits has come under renewed pressure as Lord Newby said the House of Lords will obstruct the legislation, and Prime Minister David Cameron would face a "constitutional crisis of his own making" if he took measures against the Lords in response. The government no longer has a majority in the House [...]
FTSE 100 underperforms European counterparts, including German Dax and French Cac

October 22, 2015

Basic resources were sharply higher on Thursday, with Glencore and BHP Billiton among the risers, helping the FTSE 100 end the session slightly higher. However, the UKs main index lagged behind its European counterparts. While the FTSE 100 slipped during the day to a low of 6,321 points, it closed 0.44 per cent higher at 6,376 points. [...]
MPs approve English votes for English laws as leader of the commons Chris Grayling is branded Dr. EVEL

October 22, 2015

English votes for English laws plans have passed parliament after MPs approved the proposals by 312 votes to 270. In a heated debate that proceeded the vote in the House of Commons, leader of the commons Chris Grayling was branded Dr EVEL by the Scottish National Party after he referred to the plans as "fair and sensible". [...]
British National Party decides to field London mayoral candidate David Furness

October 22, 2015

It's been a while since we've heard about the British National Party, but they've just decided that they will in fact field a candidate for Mayor of London. After having said the were "scaling down" at the General Election, David Furness, the party's organiser was announced the party's candidate. Read more: Goldsmith – The green Tory gunning [...]

Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

Royal Ascot worth £140m to UK economy

Old Pulteney releases 50-year-old whisky for 200th anniversary

By: James Nickerson

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