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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Business secretary Sajid Javid says the steel sector won’t be bailed out like banks amid industry pressure

February 24, 2016

Britain's steel industry should not expect to be bailed out in the same way that banks were after the financial crisis, according to business secretary Sajid Javid. Speaking at the EEF National Manufacturing Conference, Javid gave a stark warning that public funds will not be used to help out the crisis-struck steel industry, which has seen thousands [...]
Salesforce.com’s share price jumps after reporting a strong earnings outlook and company narrows loss

February 24, 2016

Salesforce.com has reported a stronger-than-expected earnings outlook, prompting its share price to jump more than seven per cent in after hours trading. The world's largest maker of online sales software said it expects to earn between 99 cents per share to $1.01 per share in the current fiscal year on revenue of $8.08bn (£5.8bn) to $8.12bn, [...]
Electoral register is “getting more unequal by the year”, warns Electoral Reform Society as figures show a drop in the number of registered voters

February 24, 2016

Thousands of voters might not get the chance to cast a vote in upcoming elections after changes to the registration process, prompting fears the electoral register is become more unequal and people could miss out on their "basic civic right". At least 770,000 names have been removed from the electoral register, according to the Electoral Commission, meaning [...]
US Presidential Election 2016 odds: Donald Trump is looking more and more likely to become President, according to bookies

February 24, 2016

The once-upon-a-time underdog of a competitive Republican pack, Donald Trump is looking more and more likely to win the Republican nomination and mount a strong bid for the White House. After the outspoken billionaire won the Nevada caucus, his third win on the campaign trail, bookmakers have slashed the odds on him winning the nomination. Betway cut Trump [...]
At the close: FTSE 100 index falls as share prices of Standard Chartered and miners including Anglo American and Glencore drop further while housebuilders make gains

February 24, 2016

The FTSE 100 index closed lower on Wednesday as the price of oil slid further and miners and Standard Chartered extended losses. The UK's blue-chip index dropped 1.6 per cent to 5,867 points, led lower by Anglo American and Glencore. "European markets tripped up again on Wednesday as volatile moves in the price of oil [...]
EU referendum: Terra Firma boss Guy Hands wants UK to stay in EU arguing Russia would be the only winner from Brexit

February 24, 2016

Russia is the only certain winner from Brexit, a prominent City financier has warned ahead of the impending EU referendum. Terra Firma boss Guy Hands said that Britain should stay in the EU, arguing the whole discussion around Britain's potential exit from the EU was an example of how "we take peace for granted". "The [...]
US stock markets including Dow Jones and S&P 500 open lower as oil price slides further

February 24, 2016

US markets plunged lower as markets opened today, dragged down as the price of oil continued to slide. The Dow Jones Industrial average fell over 200 points in morning trade, while the S&P 500 and Nasdaq dropped over one per cent. Read more: Brexit brouhaha – Sterling slides below $1.39 "The market got overbought up until [...]
EU referendum: Justice secretary Michael Gove warns that Prime Minister David Cameron’s EU reforms could be subject to legal challenges

February 24, 2016

Justice secretary Michael Gove has warned that Prime Minister David Cameron's reform deal with European leaders could be subject to legal challenges. One of the five ministers to go against the government's official position of staying in a reformed EU, Gove said the European Court of Justice (ECJ) could just throw out a number of the [...]
Nearly 20 per cent of London households are in debt after paying for essentials

February 24, 2016

Nearly one in five London households end up in the red on a monthly basis after paying for essentials, according to new data. Figures from Scottish Friendly also found that after buying essentials such as housing, energy, water, groceries and transport, the average London household has just £934 left per month to save or use [...]
Etsy’s share price surges after reporting strong revenue growth despite an earnings loss

February 23, 2016

Quirky online marketplace Etsy reported revenue just over expectations, as it announced the number of its active buyers and sellers has surged. Etsy's share price jumped over 17 per cent in after-hours trading on the news, but had closed seven per cent lower ahead of the results. Revenue for the fourth quarter was reported at $87.9m (£62.7m), [...]

Not just for lockdown: Pets at Home adapts to life after pet-buying boom

Challenge Cup: Wigan Warriors chief slams Network Rail over train chaos

Inside the radical festival uniting the left and right

By: James Nickerson

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