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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EU referendum: Governor of the Bank of England Mark Carney says risks around the EU referendum are the biggest facing the UK economy

April 28, 2016

Risks surrounding the EU referendum are the biggest that face the UK's economy, the governor of the Bank of England has warned. Mark Carney said that while the economy is generally performing "pretty well", in the short term it appears to be slowing, which is likely to be related to issues around the referendum. "Our [...]
Virgin America reports better than expected results as lower fuel costs offset fall in revenue per available seat mile

April 28, 2016

Virgin America, currently awaiting a green light on the merger with Alaska Air Group, has posted better than expected first quarter results, helped by low fuel costs. The airline posted first quarter net income, excluding special items, of $18.4m (£12.6m), an increase of 74.5 per cent from the first quarter of 2015. Earnings per share, excluding special items, [...]
Scottish parliamentary election: Scottish National Party’s support falls but it still remains dominant ahead of Holyrood election

April 28, 2016

The Scottish National Party has (quite surprisingly) witnessed a fall in support, one week before the Scottish parliamentary election. But First Minister Nicola Sturgeon, nor the rest of her party, will be worrying too much, as the SNP still has a commanding lead ahead of the vote, according to the latest poll from TNS. The [...]
London mayoral election 2016: Financial traders think Zac Goldsmith’s chances are looking increasingly bleak as Sadiq Khan moves ahead

April 28, 2016

With just one week to go until London elects its next mayor, Zac Goldsmith's chances of victory are looking increasingly bleak, according to financial traders. IG Group's London mayoral election barometer shows that the Conservative candidate's chances stand at just 8.5 per cent, down from 12.5 per cent last month. To be fair, since the [...]
Greek debt crisis: Eurogroup meeting on Greece might be next week or the week after, says Dutch finance minister Jeroen Dijsselbloem

April 27, 2016

The Greek debt crisis is escalating again as the nation faces default if it fails to receive the loans needed to cover €3.5bn (£2.7bn) in maturing debt in July. And Dutch finance minister Jeroen Dijsselbloem said that Eurozone finance ministers may meet next week, or the week after, against the wishes of European Council President [...]
Facebook’s share price jumps after it beats expectations

April 27, 2016

Facebook's share price has jumped after the social network announced results that topped already high expectations. The social media giant's share price jumped over 8.8 per cent in after hours trading. Facebook, which expected to report strong, steady growth, reported revenue of $5.4bn (£3.7bn) in the three months ending 31 March. That's against the average analyst estimate of $5.3bn, and [...]
The top one per cent of earners pay over a quarter of all income tax, according to the Institute of Fiscal Studies

April 27, 2016

The UK's top one per cent of earners is now paying more than a quarter of all income tax, according to a new report. Research from the Institute of Fiscal Studies (IFS) found that the proportion of overall income tax paid by the top one per cent of earnings had risen to 27.5 per cent in 2015-16 [...]
EU referendum: Former chancellor Norman Lamont says trade won’t dry up in the event of Brexit

April 27, 2016

Former Chancellor of the Exchequer Norman Lamont has said that trade will not dry up in the event of Brexit, as he belittled negative economic forecasts linked to a Leave vote. The Tory grandee said the idea that trade is going to dry up and jobs are going to be endangered had very little justification in fact. [...]
US Presidential Election 2016: Donald Trump comes closer to winning nomination and one-on-one battle with Hillary Clinton

April 27, 2016

After storming to victory in a number of states, Donald Trump and Hillary Clinton are starting to look like an unstoppable force and an immovable object. And if they meet for a one-on-one, you can expect fireworks, with Trump having attacked Clinton last night after he won all five primaries. Speaking at Trump Tower in New York, [...]
Ukip’s Nigel Farage reckons his party will make a “significant breakthrough” in upcoming elections

April 27, 2016

Ukip's leader is feeling rather bullish about his party's chances in the upcoming local elections. Nigel Farage reckons his party is about to make a "significant breakthrough" in next week's elections, held in Scotland, Wales, Northern Ireland, and London. In fact, he said his party is the only one who has "a chance of winning [...]

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By: James Nickerson

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