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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Barclays close to appointing Jes Staley as new chief executive, reports

October 12, 2015

Barclays is to announce its new chief executive as Jes Staley, according to reports. As John McFarlane, Barclays' chairman, looks to address shareholders' concerns about the institution's investment banking arm, those familiar with the matter have suggested that Antony Jenkins' successor could be announced within the next two weeks. Read more: Barclays share price climbs after board [...]
US justice department to probe AB InBev after allegations it is seeking to curb craft beer distribution

October 12, 2015

Brewing giant AB InBev is being probed by the US justice department amid allegations that it is trying to curb competition in the industry by buying distributors, according to people familiar with the matter. AB InBev, Reuters reported, is buying distributors in order to make it harder for fast-growing craft beer brewers to get their products [...]
Government to launch £4m fund to help boost UK’s video games industry

October 12, 2015

A £4m fund has been launched by the government to help boost the UK's booming video games industry, hoping to help smaller companies to a sector "which has already given the world global blockbusters like Tomb Raider, Little Big Planet, Runescape, Monument Valley and Batman: Arkham Knight". Read more: Sales of video games help boost dwindling [...]
Jupiter Fund Management draws in new assets despite difficult market conditions

October 12, 2015

Jupiter Fund Management reported that its assets under management (AUM) were up five per cent in the last nine months, despite AUM falling by over £800m during the previous quarter. The FTSE 250-listed financial services sector firm saw net inflows slow from £498m in the second quarter to £77m in the third, combining with a [...]
Volkswagen emissions scandal: UK managing director Paul Willis said “VW has significantly let down its customers”

October 12, 2015

Volkswagen UK's managing director Paul Willis had admitted the company "has significantly let down its customers", as he faced a grilling from MPs on how the company's external investigation is going and how it intends to rectify the damage the emissions scandal has caused. Willis added: "[Volkswagen] will take all the necessary steps to regain trust" [...]
Which world tourist attraction has the longest queue?

October 12, 2015

Across the world wonders including Eiffel Tower, Sistine Chapel and the Metropolitan Art Museum are open to curious travellers. But with holidays never seeming long enough, there's an additional cost to viewing these attractions: the waiting time. Just which global attraction would you have to wait the longest for, though? Get Your Guide, a travel guide, has collated [...]
Starbucks, Costa, Caffe Nero, Wild Bean Cafe and Pret A Manger compared: Where does your morning coffee cost the most?

October 12, 2015

The United Kingdom adores coffee: a cup of java can now be sought out on almost every street in London, and there is no shortage of punters. That's why coffee enthusiasts can choose from (wait for it): Starbucks, Costa, Caffe Nero, Wild Bean Cafe, Pret A Manger, and a range of smaller independent coffee shops. Read more: Starbucks lets [...]
EU referendum: Business and markets need to start thinking through Brexit risks

October 12, 2015

The formation of the 'leave' and 'remain' groups to fight their respective corners in the Brexit debate should be a further reminder to both business and markets that the referendum on the United Kingdom's place in the European Union is coming. We do not yet know the date for the referendum, nor are details of [...]
Kweku Adoboli fights deportation to Ghana

October 11, 2015

Former UBS rogue trader Kweku Adoboli is fighting against being deported to Ghana after an immigration tribunal decided he should be sent back to his home country. Adoboli, who lost $2.3bn (£1.5bn) in unauthorised trading at UBS, was released from prison in June after serving out nearly half of the seven-year sentence he was given. Home Office rules [...]
“Top-up” pension scheme to start tomorrow

October 11, 2015

Applications for the new "top-up" pension state pension scheme will start tomorrow, which allows pensioners to boost their retirement income by up to £25 per week for a one-off payment. Existing pensioners and those who reach retirement age before 6 April 2015, who are entitled to the state pension are eligible for the scheme. Pensioners can [...]

Inflation stays below three per cent despite price warning

England’s secret weapon against World Cup heat? British company’s £26 product

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

By: James Nickerson

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