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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Chinese markets including Shanghai Composite and Shenzhen Composite trade slightly lower after New Year break as Japan’s Nikkei jumps over seven per cent and ASX 200, Hang Seng and Kospi rise

February 15, 2016

There were no post-New Year fireworks from China as its markets opened for the first time since the break with the disappointment of poor trade data. Trading for the first time since 5 February, the Shanghai Composite traded 0.63 per cent lower at 2,746 points, while the Shenzhen Composite traded 0.05 per cent lower at 9,668 points. [...]
Home ownership is becoming a pipe dream for younger workers, think tank warns

February 13, 2016

Owning a home is set to become a pipe dream for young workers on modest incomes, according to new research. Data from the Resolution Foundation found it is becoming increasingly difficult for young people on modest incomes to get onto the housing ladder, with just one in 10 set to be a homeowner by 2025. [...]
EU referendum: United States wants a strong UK to stay in a strong EU, says US secretary of state John Kerry

February 13, 2016

The United States has a "profound interest in a strong UK staying in a very strong EU", according to the US secretary of state John Kerry. Speaking in Munich, Kerry said that recent events had "overwhelmed" many Europeans, but that America is confident that Europe will emerge stronger. Read more: Cameron – UK will not "retreat from the [...]
Russian prime minister Dmirtry Medvedev warns of “new cold war” after airstrikes on Syria

February 13, 2016

The prime minister of Russia has warned that the world is edging closer to a "new cold war" after European leaders accused his nation's airstrikes on Syria of attacking the civilian population. Dmirtry Medvedev told the 52nd annual Munich Security Conference that a lack of cooperation in Syria was pushing Europe to where it was "40 [...]
EU referendum: Prime Minister David Cameron says UK will not retreat from the world

February 13, 2016

With the summit of European leaders set to take place next week, Prime Minister David Cameron has said that the UK will never "retreat from the world". Speaking in Hamburg, Cameron added that it is in the EU's interests for the UK to stay in a reformed EU, stating the changes he is seeking will [...]
Trident allows the UK to punch above its weight, says US defence secretary Ash Carter

February 13, 2016

If Britain wants to maintain a significant role in the world it must keep its nuclear weapons, the US defence secretary has warned. Speaking to the BBC, Ash Carter said it is an "important part of the deterrent structure of Nato", allowing the UK to punch above its weight. Read more: Scottish Labour vote not to [...]
FTSE 100 index closes higher as price of oil rebounds and share prices at miners and banks including HSBC, RBS, Lloyds and Barclays rise and Rolls-Royce’s share price rockets

February 12, 2016

Having taken a pounding on Thursday, the FTSE 100 index closed sharply higher today as the price of oil rebounded. The UK's blue chip index closed 3.08 per cent higher at 5,707 points, led higher by Rolls-Royce, banks and miners. The price of oil rose more than three per cent to nudge over $31 a barrel this morning, after an Opec minister [...]
MPs’ expenses: Speaker of the House of Commons John Bercow expenses revealed

February 12, 2016

Speaker of the House of Commons John Bercow has spent thousands of pounds just on entertaining fellow MPs and foreign politicians since April 2012. According to the Press Association, which accessed information under the freedom of information act, Bercow has spent £1,600 on lunch for his Lithuanian counterpart, £1,023 for beeswax candles (an obvious necessity) [...]
EU referendum: Prime Minister David Cameron comes up against opposition from finance ministers on “single rule-book for the financial sector”

February 12, 2016

David Cameron's draft EU deal has come under pressure from the French and Dutch finance ministers over legal protection for the City of London, as Europe prepares for the EU summit next week in Brussels. French finance minister Michel Sapin has warned that nothing in the deal can be allowed to stand in the way of further Eurozone integration, [...]
EU referendum: The Out campaigns need to stop their infighting to secure Brexit

February 12, 2016

This year brings with it an important opportunity for the British people. The forthcoming referendum will allow us to take control of our destiny, and thrive in the world. It gives us the chance, at long last and after many promises, to free ourselves from the red tape of the European Union. With the referendum looming – [...]

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By: James Nickerson

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