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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Financial Conduct Authority’s Martin Wheatley plays down fears of the UK leaving the EU

September 24, 2015

The Financial Conduct Authority's chief executive Martin Wheatley has said that the short-term impact on the City of a dreaded "Brexit" would be minimal. Read more: There will be no 5 May EU referendum vote as Cameron offers concession to Eurosceptics Even if the UK leaves the EU, it's still likely to abide by the financial [...]
Leaked document suggests government looking into privatising Channel 4

September 24, 2015

Leaked documents suggest that the government is looking into privatising public broadcaster Channel 4. Papers being carried by an unidentified individual walking towards Number 10 Downing Street said: "In your recent meeting with Matt Hancock … extracting greater public value from the Channel 4 Corporation, focusing on privatisation options in particular whilst protecting …" Channel [...]
French economy minister Emmanuel Macron tells UK to be clearer over EU reforms

September 24, 2015

The French economy minister, Emmanuel Macron, today said Britain must be clearer about how it wants to reform the EU. "My willingness is to help to find an agreement and win the referendum, but my priority today is to understand much more clearly the British requirements in order to avoid any misunderstanding," he said. Prime [...]
Volkswagen emissions scandal: UK government to conduct investigation into car emissions

September 24, 2015

The Department for Transport has announced that it will conduct its own investigation into car emissions, the latest twist in the Volkswagen scandal. The UK regulator, the Vehicle Certification Agency, will re-run lab tests and compare them to 'real-world' emissions. Transport Secretary Patrick McLoughlin said: “The government takes the unacceptable actions of VW extremely seriously. [...]
Volkswagen emissions scandal: Fitch threatens VW with downgrade over car pollution catastrophe

September 24, 2015

Credit ratings agency Fitch has placed Volkswagen on "negative watch" until the full scale of the emissions scandal that's engulfing the carmarker becomes clearer. "The rating action reflects the reputational damage on the group's brands following alleged manipulation of emission tests in the US and the expected multi-billion euros financial impact from potential fines, recall [...]
Bank of England deputy governor Ben Broadbent says interest rates won’t be rising anytime soon

September 24, 2015

Bank of England (BoE) deputy governor, Ben Broadbent, has said that he isn't about to vote for the first interest rate hike in more than six years, unlike some of his fellow rate-setters. Referring to the monetary policy committee meeting in September, where policymakers voted 8-1 to hold rates, he told Reuters : "I was [...]
Convenience stores scale back investment ahead of Chancellor George Osborne’s National Living Wage

September 24, 2015

Convenience stores are scaling back on business investment as they brace for the impact of Chancellor George Osborne's National Living Wage.. How much convenience stores invested in improvements such as shelving, store signage and in-store lighting fell 34 per cent to £116m in the three months since the summer Budget, compared to the previous quarter. The Association of [...]
Facebook website is down: Social media site serves error message to users

September 24, 2015

Facebook is down with the message "sorry, something went wrong” appearing when users visit the site. More to follow:
Two charts showing why more robots won’t destroy jobs

September 24, 2015

Some say robots play a vital role in boosting an economy's productivity, and improve the quality of jobs it offers. And yet, others worry we're teetering on the edge of a robot revolution, in which bankers, clerks, cleaners and a whole host of other jobs will be filled by strange, semi-human machines. What do developments [...]
Women are more likely than men to see the downsides of getting promoted

September 23, 2015

Men and women both see progressing to high-level positions as equally achieving, but women are more likely to anticipate negative outcomes such as goal conflict and tradeoffs according to a recent study. The study started with a single hypothesis: men and women view professional advancement differently, and this affects whether they decide to strive for promotions. [...]

Miliband slammed for net zero sprint as high costs hamper businesses

Panmure Liberum: Netherlands will win first Fifa World Cup

The very best wine pairings for steak and fine cuts of meat

By: Jessica Morris

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