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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Moody’s Analytics have made an election model that predicts Hilary Clinton will win the 2016 Presidential election

August 6, 2015

While the 2016 Presidential Election will be a “nail-biter”, the contest will ultimately be won by the Democrats. Or so an election model made by Moody’s Analytics says. The model makes certain assumptions, namely that the economy will be near the top, or not at the top, of voters’ minds during the election. The model [...]
Pfizer and Flynn Pharma accused of overcharging for anti-epilepsy drug by the Competition and Markets Authority

August 6, 2015

Pharmaceutical companies Pfizer and Flynn Pharma have been accused by the Competition and Markets Authority of “charging excessive and unfair prices in the UK,” including to the NHS. The British market regulator said in a statement that the firms have ramped up prices by up to 27 times in the UK for phenytoin sodium capsules, [...]
UK industrial production falls on oil and gas as manufacturing output shows modest growth

August 6, 2015

UK industrial output has unexpectedly fallen by 0.4 per cent in June, led by oil and gas output falling. Industrial output fell compared to an increase of 0.3 per cent in May and compared to expectations of a 0.1 per cent rise in June, according to figures from the Office of National Statistics. The fall [...]
An artificial “currency” shows those in UK regions including the West Midlands have less spending power than parts of Greece, Slovakia or Slovenia

August 6, 2015

Those living in the capital have more disposable income than anyone in almost any region of Europe – although if you live in the West Midlands, you may actually be worse off than people living in parts of debt-stricken Greece, analysis by City A.M. has found. A bit like an egghead version of the Economists' [...]
Tesla shares fall after the company lowers its delivery guidance

August 5, 2015

Tesla shares fell four per cent in after hours trading after the company put the breaks on 2015 deliveries. The figures Tesla reported a second quarter earning per share loss of $0.48 on $1.2bn (£0.77bn) in adjusted revenue, 40 per cent up from a year ago. This was, however, better than the expected $0.59 loss [...]
Andy Burnham still the favourite among Labour voters to lead the party

August 5, 2015

An opinion poll indicates Andy Burnham is still the preferred choice amongst Labour voters to win the contest. Opinium’s first major poll for the leadership says that 39 per cent of Labour voters, rather than just party members, would vote for Burnham if they had a vote in the election. Next is Jeremy Corbyn trailing [...]
Neil Woodford’s new fund surpasses Invesco Perpetual Income in fund size

August 5, 2015

Just over a year after star fund manager Neil Woodford left Invesco to set up his new fund, Woodford Equity Income has overtaken the fund he previously managed in fund size. Launched in 2014, the fund is now worth £6.74bn in size to the end of July compared to Invesco Perpetual Income’s size of £6.45bn [...]
US companies will have to disclose their CEO-employee pay gap after Securities and Exchange Commission vote

August 5, 2015

Companies in the US will have to disclose how much their CEOs get paid compared to the salary of an average employee, under new rules voted in by the Securities and Exchange Commission. The US market regulator voted 3-2 for adopting a rule requiring listed companies to disclose the pay-gap between their CEOs and the [...]
Brent crude oil falls towards $49 a barrel

August 5, 2015

Brent crude oil has fallen 1.5 per cent in afternoon trading, hitting $49.17 a barrel, a new six month low. Read more: ICE Brent crude oil falls below $50 a barrel The sharp fall comes as figures showing US oil inventories falling by more than expected last week failed to offset the glut in supply. [...]
US jobs growth slows in July, sending dollar lower

August 5, 2015

Private sector employment in the US increased by 185,000 jobs in July, short of economists’ expectations, sending the dollar lower. The increase was the smallest rise since April. In June, the figure rose by 229,000, revised down from 237,000. The dollar took a battering on the data release, with the euro gaining nearly half a [...]

Business confidence ticked up after Budget, Lloyds Bank says

World Triathlon targets T100 Olympic event as soon as Brisbane 2032

The history of Christmas dinner, from steamed sheep’s head to traditional turkey

By: James Nickerson

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