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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Megabrew: AB InBev says SABMiller’s latest offer rejection “lacks credibility”

October 8, 2015

The Megabrew saga continues: after brewing giant SABMiller rejected an offer from rival AB InBev worth £42.15 per share yesterday, AB InBev has now hit back, saying the refusal "lacks credibility". Yesterday afternoon SABMiller said the deal "substantially undervalues [the company], its unique and unmatched footprint, and its standalone prospects". But today, in tug-of-war-fashion, AB InBev replied that it's "surprised" the board of SABMiller – excluding directors nominated by Altria, who [...]
Bad bosses shouldn’t make jokes if they want to keep their staff happy

October 8, 2015

As the boss of the Wernham-Hogg Paper Company, David Brent once said: "When people say to me: would you rather be thought of as a funny man or a great boss? My answer's always the same. To me, they're not mutually exclusive." But he was wrong, according to a new study. New research from the University of Missouri shows [...]
The best reactions to David Cameron’s Conservative party conference speech

October 7, 2015

Prime Minister David Cameron took to the podium today to give his speech at the annual Conservative party conference, promising an "assault on poverty", pledging 200,000 new starter homes and attacking Jeremy Corbyn (and Richard Murphy, the man behind Corbyn's economic policy). And Twitter has been going mad with responses, both in praise and condemnation. [...]
“It is precisely now that we need more Europe”, says German Chancellor Angela Merkel alongside French President François Hollande

October 7, 2015

German Chancellor Angela Merkel told MEPs in Strasbourg that “it is precisely now that we need more Europe”, in a renewed effort to bolster support for consensus on the European migrant crisis. Read more: Cameron "hasn't got anywhere" with EU renegotiations In the first joint address to the European parliament since 1989, when French President [...]
Megabrew deal back on? SABMiller share price rises as AB InBev increases bid to £42.15 per share

October 7, 2015

AB InBev is not giving up on its desire to "build the first truly global beer company" by increasing its offer for rival SABMiller to £42.15 per share. SABMiller's share price rose three per cent on the news. Previous bid offers from the Belgian company were previously rejected by SABMiller, including yesterday's £40 per share [...]
2015 Shonky awards: Samsung and Ikea have the shoddiest products, according to consumer group Choice

October 7, 2015

Big name brands Coca-Cola, Ikea and Samsung have walked away with a new award – but it might not be one they boast about to their customers. The 2015 Shonky Awards go to companies "that have flouted consumer protection laws, sold products that were faulty by design, and shown blatant disregard for consumer safety", according to [...]
How to find out if your Volkswagen car is affected by the emissions cheating scandal: VW creates dedicated web page for car owners

October 7, 2015

Having announced plans to begin recalling cars involved in the emissions scandal at the beginning of 2016, including 1.2m in the UK, Volkswagen has set up a dedicated website to allow customers to check if their car was rigged with its emissions cheating device. Customers must enter their vehicle identification number (VIN) and the website will [...]
London’s prime housing market bigger than New York’s, says new report

October 7, 2015

London’s prime housing market now stands out both in terms of the volume of prime sales and the scale of expansion, against other global cities including New York, a new report has found. The global development report 2015 by real estate Knight Frank found New York and London continue to lead development trends, in terms [...]
Can company boards be improved by worker representation? These experts think so

October 6, 2015

A board, responsible and accountable for the strategy, culture and performance of a company, would be improved by more worker representation, experts on a panel at the Institute of Directors annual conference have said. There is plenty of evidence that “shows clearly when workers are represented in their boardroom you get higher investment in research [...]
How can trust in the banking sector be won back? Four experts explain

October 6, 2015

Has trust been restored in banks since the financial crisis? No, said a panel of experts at today's Institute of Directors annual convention – and that's reflected in an "unprecedented change in regulation", which is "partly a response to the actions of institutions" before and since the crisis hit, Lloyds chief executive Antonio Horta-Osorio admitted. [...]

Crispin Odey drops £79m libel case against Financial Times

Deloitte enters rugby league as NRL Super League investment talks near

Why I love hotel restaurants – and two of my favourites

By: James Nickerson

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