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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Labour party conference in jeopardy after security contract breaks down

August 18, 2016

The Labour party conference's go-ahead has been called into question after talks broke down between the GMB union and the remaining bidder for security arrangements. The GMB said that it had asked Labour to cut its ties with Showsec, the last bidder for the contract. Labour's National Executive Committee already voted to boycott G4S last [...]
French unemployment falls to lowest level in four years ahead of presidential election

August 18, 2016

Unemployment in France has fallen to its lowest level in four years, ahead of the country's presidential election next year. The rate of unemployment has fallen below 10 per cent for the first time since 2012, beating expectations. The rate came in at 9.9 per cent in the second quarter, beating expectations fo 10.1 per cent, [...]
Hurrah: Tullow Oil’s share price jumps as it strikes oil from Tweneboa, Enyenra, Ntomme (TEN) fields offshore Ghana

August 18, 2016

TEN cheers for Tullow. The African-focused oil firm has announced that the first oil has flowed from the TEN fields – otherwise, and more formally known as the Tweneboa, Enyenra, Ntomme fields – offshore Ghana. The company's share price jumped more than 3.5 per cent as markets opened on the news. Read more: Tullow Oil shares rise as it unexpectedly swings [...]
Nestle misses expectations on China, deflation and foreign exchange but expects strong full year

August 18, 2016

Nestle marginally missed expectations on a cocktail of deflation in developed markets, foreign exchange and competition in China. The figures Nestle reported sales of SFr43.2bn (£34.43bn) in the six months to June 30, a 3.5 per cent increase. Net profit was SFr4.1bn for the first half, down SFr400m a year earlier. Reported earnings per share came [...]
Retail groups hail long-awaited introduction of the Night Tube

August 17, 2016

Retail groups have welcomed the long-awaited introduction of the Night Tube to give business a boost and make London more attractive for visitors. The Night Tube is scheduled to get started Friday 19 August, after first being unveiled by Transport for London in September 2014. The New West End Company, which provides a voice for London's West [...]
Donald Trump hires Breitbart News exec for top campaign position

August 17, 2016

Republican presidential candidate Donald Trump has shaken up his campaign team by appointing Breitbart News' executive chairman as his campaign's chief exec. Stephen Bannon's appointment comes at a time when Trump trails rival Hillary Clinton substantially in the polls in some key battleground states and after a number of controversies. Breitbart, a right-wing website, has been favourable of Trump in [...]
Cathay Pacific shares plummet after profits plunge

August 17, 2016

Hong Kong carrier Cathay Pacific's shares dropped by more than seven per cent after a huge decline in first half profits. The airline reported that its first half profits fell after losing out on its fuel hedging contracts, as well as increased competition. Read more: Here are the world's 10 safest airlines: Qantas, British Airways and Cathay Pacific [...]
George Osborne may earn more talking about the economy on the dinner circuit than he did running it

August 17, 2016

Former chancellor George Osborne could start to earn far and above his previous salary after being permission to sign up to the after dinner speaking circuit. Osborne could earn thousands of pounds per speech after being told he was allowed to sign up to the Washington Speakers Bureau, which already has Tony Blair, Nicolas Sarkozy [...]
Advisers and accountants could pay fines in excess of earned fees in new proposed crackdown on tax avoidance

August 17, 2016

Financial advisers and accountants who help enable tax avoidance are to be targeted and heavily fined, under new proposals. Under the Treasury proposals, those advisers and accountants who help tax avoidance, or even devise the schemes, could be fined up to 100 per cent of the tax avoided. Tax avoidance is legal and is where you [...]
Defence giant Cobham appoints new chief executive

August 17, 2016

British aerospace and defence company Cobham has announced that its chief executive Bob Murphy is stepping down at the end of the year, to be replaced by the current chief exec of Laird. The company's share price rose by 2.87 per cent in late morning trading on the news. Murphy is stepping down to "pursue [...]

Bank of England’s Bailey: Interest rate cuts not on the horizon

Google and Apple can give Team GB Lottery-like boost up medal tables

We road test RDR, Star Wars Outlaws and Fallout 4 on Switch 2

By: James Nickerson

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