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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John Lewis Group warns of lower profits for 2015 due to higher pension costs

September 10, 2015

The John Lewis Partnership has warned of lower profits this year on the back of pension charges and low price inflation. The figures John Lewis reported a 1.9 per cent increase in revenue to £4.5bn for the first half of the year ending 1 August against the same period last year. Like-for-like sales were down [...]
EU migrant crisis: German Chancellor Angela Merkel and President of the European Commission Jean-Claude Juncker want “binding” EU quotas for refugees

September 9, 2015

The European Commission is planning to impose binding quotas for EU countries to accept a further 160,000 asylum seekers, with President Jean-Claude Juncker warning "the bell tolls". Speaking in the European Parliament this morning, the EC boss said there must be a “swift, determined and comprehensive” response to the refugee crisis, and that it "has [...]
Labour leadership election: Key business policies from Jeremy Corbyn, Andy Burnham, Yvette Cooper and Liz Kendall

September 9, 2015

With three days until the new Labour leader is announced, we've looked at the business policies from each of the four candidates. Read more: Candidates clash over business as Kendall urges party to back "wealth creation" Jeremy Corbyn Corbyn has argued for a fundamental shift in economic policy. Corbyn is considered the most left-wing candidate [...]
Labour leadership odds 2015: When did it start to look like Jeremy Corbyn might win?

September 9, 2015

It feels like the Labour leadership campaign has been going on for eons. But here we are, at the final hurdle. It’s now just three days until the result is announced. During General Election a few months ago, it was said bookies outperformed pollsters when it came to predicting the result – with many polls predicting [...]
At least 13 injured after British Airways flight BA2276 catches fire in Las Vegas’ McCarran Airport

September 9, 2015

At least 13 people have been taken to hospital with minor injuries after British Airways flight 2776 to London Gatwick caught fire at Las Vegas airport, airport officials said. In total 172 people, including 159 passengers and 13 crew members, were forced to evacuate the Boeing 777-200 on emergency slides. It is thought most of [...]
Monitise share price dives as chief executive Elizabeth Buse steps down after six months

September 9, 2015

Shares in troubled tech group Monitise tumbled by more than 27 per cent to 4.2p in the first minutes of trading, as it announced chief executive Elizabeth Buse will step down after just six months running the show. In a statement today, Monitise said Buse will step down today "due to her desire for personal [...]
Chinese economy: China’s economic outlook remains poor as imports fall 14.3 per cent

September 8, 2015

It looks like we haven't seen the end of weak data from China, after new data revealed both imports and exports fell in August. China’s imports in August fell 14.3 per cent in yuan-denominated terms from last year, against an 8.6 per cent decline in July – the figure's 10th consecutive decline in imports. Meanwhile, while [...]
Labour leadership election 2015: Jeremy Corbyn to meet former Greek finance minister Yanis Varoufakis at anti-austerity meeting in London

September 8, 2015

Anti-austerity fans have something to look forward to next week, when the former Greek finance minister Yanis Varoufakis and Labour leader hopeful Jeremy Corbyn will share a platform to discuss alternatives to spending cuts. The two men will debate "austerity, humanitarian disaster and [the] market meltdown" – though of course, Corbyn may be leader by [...]
Behold, Betty Power: Paddy Power and Betfair reach agreement on all-share merger

September 8, 2015

The boards of Paddy Power and Betfair have reached an agreement on the terms of a recommended all-share merger to create a new entity called Paddy Power Betfair – or "Betty Power" to its friends… Having agreed a deal in principle to create one of the world’s largest online gambling companies by revenue, the pair [...]
Say what? Tory minister Ros Altmann expelled from the Labour party after 18 months as a member

September 8, 2015

Tory pensions minister Baroness Ros Altmann has been expelled from the Labour party – after it was discovered she'd been a member for 18 months. The party kicked her out after the Huffington Post discovered she had been given a vote in its leadership election. Altmann, who has been serving as a minister for four [...]

Space stocks lift off as investors eye Space X moment

North Korea using elite rugby to entice English teachers from Britain

Carbone London review: Electric vibes, but the food…

By: James Nickerson

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