By: Jessica Morris

I write about energy and industrials for City A.M. I'm particularly interested in geopolitics, energy policy and, of course, the ever lively oil markets.

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VW UK managing director Paul Willis says car industry should face “tougher standards” over emissions

October 15, 2015

The boss of embattled Volkswagen has told UK MPs that that he would be happy for the carmaker to accept “tougher standards” in regards to emissions testing. Giving evidence to the Commons Environmental Audit Committee, Willis said : “I am happy to face tougher standards because I think … the science of nitrogen oxides is emerging [...]
London Mayor Boris Johnson on Uber: “The toothpaste is out of the tube”

October 15, 2015

London Mayor Boris Johnson has said disruption from tech companies such as Uber is inevitable, and the best cities can do is "create a level playing field" for established trades such as black cabs. Speaking in Tokyo, at a UK embassy event promoting startups, he said: "Once the toothpaste is out of the tube, that's [...]
What the Alison Sharland and Varsha Gohil divorce ruling means for wealthy individuals

October 14, 2015

Even after a divorce is settled, this ruling means that former spouses who are able to prove their ex-partner deliberately obscured their full financial position could seek an appeal, with their divorce settlements re-examined and potentially renegotiated. For example, divorcees who may have hid behind the discretionary nature of a bonus and therefore deliberately under-disclosed [...]
Landmark ruling means divorce cases can be reopened if husbands lied about their wealth

October 14, 2015

A landmark ruling by the Supreme Court has paved the way for divorce settlements to be renegotiated if husbands lie about their wealth. Alison Sharland and Varsha Gohill had argued they had been misled by their former spouses as to the true extent of their wealth when their divorce claims were settled. Their cases are [...]
Why public sector pensions need a radical overhaul

October 14, 2015

A fortnight ago, I delivered a call to arms to the Government, detailing the need for immediate action to address the parlous state of UK public pensions. The estimated total shortfall is a staggering £1.7 trillion, across funded and unfunded public sector schemes. This exceeds UK GDP. On the basis of a 2012 ONS study, [...]
UK unemployment unexpectedly falls to a seven-year low while wage growth misses economists’ expectations

October 14, 2015

UK unemployment unexpectedly slipped to its lowest level since mid-2008, according to data released today by the Office for National Statistics (ONS). The number of people out of work fell by 79,000 to 1.77m, taking the unemployment rate to 5.4 per cent between June and August, down from 5.6 per cent in the three months to May. Sterling [...]
Worldpay closes above initial offer price: How does it compare to London’s biggest floats this year?

October 14, 2015

Yesterday, payments processor Worldpay attracted attention with the biggest float on the London Stock Exchange so far this year. And as institutional investors rushed to get a slice of the fintech company's, its shares closed up 10.4 per cent at 265p per share, giving it a market cap of £5.28bn on its first day of trading. Companies are clamouring to list [...]
Short sellers are circling asset managers Aberdeen and Ashmore because of their emerging markets exposure

October 14, 2015

Hedge funds are circling asset managers such as Aberdeen, Ashmore, Hargreaves Lansdown and BlackRock in the belief that turbulence in the emerging markets will eat into their profitability. Emerging markets, once a bright spark of the global economy, have struggled over the last few years. Commodity prices have crumbled on the back of weak Chinese demand, [...]
Why public sector pensions need a radical overhaul

October 14, 2015

A fortnight ago, I delivered a call to arms to the Government, detailing the need for immediate action to address the parlous state of UK public pensions. The estimated total shortfall is a staggering £1.7 trillion, across funded and unfunded public sector schemes. This exceeds UK GDP. On the basis of a 2012 ONS study, [...]
Worldpay closes above initial offer price: How does it compare to the 10 biggest London IPOs this year

October 13, 2015

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Burnham: Social care reforms to be paid by new taxes

Should Vuori ditch Draper over injury-hit tennis season?

Two countries, one holiday: Turkey’s glitzy Bodrum and Greece’s unbuttoned Kos

By: Jessica Morris

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