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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BHP Billiton cuts iron ore guidance for 2016 but says productivity is improving

April 20, 2016

BHP Billiton followed in the footsteps of Rio Tinto by cutting its iron ore production guidance. The figures BHP Billiton cut its annual production guidance of iron ore by four per cent, or 10m tonnes. The company produced 53m tonnes of iron ore at its Western Australia iron ore (WAIO) operations in the three months to the end [...]
Devolution could stimulate economic growth but government must do more, says National Audit Office

April 20, 2016

Devolution to regions of England will offer opportunities to stimulate economic growth and reform public services, but the government must do more to provide confidence that deals will lead to their intended benefits, the National Audit Office (NAO) has said. The government has so far not set out a clear statement of what it is [...]
Pensions: Baroness Ros Altmann “delighted” there was not a move to pensions ISA system

April 19, 2016

Baroness Ros Altmann is "delighted" that the chancellor of the exchequer did not turn incentives on their head with a move to a so-called pension Isa. Speaking at the Association of British Insurers' conference, Altmann said that she believes turning pensions into Isas would be a disaster, and would "destroy pensions as we know them". "I'm absolutely delighted [...]
Londoners are happy to pay £15 daily congestion charge to improve air quality and transport in the capital

April 19, 2016

Mayor of London Boris Johnson has warned that his successor, no matter who it is, will have to raise the congestion charge. Currently standing at £11.50, Johnson has said that the next mayor will have to increase this or introduce "smart charging" at peak times, especially if they want to introduce schemes such as pedestrianising [...]
London mayoral election 2016: What do financial traders think will happen on 5 May?

April 19, 2016

With just over two weeks until London elects its next mayor, polls are showing Sadiq Khan leading over Zac Goldsmith, with other candidates expected to finish some way behind the pair. But while Khan and Goldsmith are not a million miles apart in the polls – or indeed with bookmakers – they are with financial [...]
EU referendum: Remain campaign is boosted after government’s controversial leaflet is sent out

April 19, 2016

With the EU referendum edging closer and closer the Remain campaign has witnessed a surge of support. The Remain camp has managed to persuade more voters of the merits of staying in the EU after the government's controversial £9m leaflet was sent to households across the UK. Indeed, the latest ORB poll has found that [...]
EU referendum: Michael Gove says there will not be an economic shock from Brexit in contrast to IMF, WTO and World Bank

April 19, 2016

The International Monetary Fund, World Trade Organisation and World Bank are all wrong according to justice secretary Michael Gove, who has said there would be no economic shock after a Brexit vote. Speaking ahead of his EU intervention later, Gove said that there would not be a short-term shock from Britain leaving the EU, nor [...]
Rio Tinto lowers 2017 iron ore guidance due to delay of its driverless train system AutoHaul

April 19, 2016

Rio Tinto has cut its 2017 production guidance but posted year-on-year gains. The figures Global iron ore production for the first quarter of the year were reported at 84m tonnes, up 13 per cent from last year. However, the figure for first quarter iron ore production represents a four per cent fall compared to the last [...]
Thousands turn out in Trafalgar Square for anti-austerity march

April 16, 2016

A movement urging David Cameron to step down has drawn thousands of protestors to Trafalgar Square. The March for Health, Homes, Jobs and Education started at Gower Street this afternoon, with participants also demonstrating against the Conservative government's cuts. Trafalgar Square is absolutely rammed for #CameronMustGo #4Demands national demo #olsx pic.twitter.com/sQhgvak657 — Occupy London (@OccupyLondon) April 16, 2016 [...]
Panama papers: Public don’t think David Cameron has done anything wrong

April 16, 2016

David Cameron has had to ferociously defend himself against accusations of tax avoidance after his father's company was named in the leaked documents from law firm Mossack Fonseca. But the public don't seem to mind too much, according to a new poll. YouGov found that British people tend to say Cameron has not really done anything wrong [...]

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By: James Nickerson

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