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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Bank of England governor Mark Carney says China turmoil won’t affect interest rate decision

September 9, 2015

Bank of England governor Mark Carney has said that the slowdown in China's economy won't affect the path of interest rates for now. "Developments in China are unlikely to change the process of rate increases," Carney told an audience at an annual US central banking conference in Jackson Hole, Wyoming. His comments come after "Black Monday" where renewed [...]
Lufthansa to cancel 1,000 flights tomorrow as pilots extend strikes

September 8, 2015

German airline Lufthansa will cancel 1,000 flights tomorrow, after the pilot strike was extended into a second day and ramped up a notch. Lufthansa said its pilots' union broadened strike action from long-haul flights to medium- and short-haul services, meaning around 140,000 passengers will have to endure cancellations tomorrow. But it said 500 flights will still run, [...]
Paul Krugman says Republican presidential candidate Donald Trump is “right on economics”

September 8, 2015

Nobel laureate Paul Krugman has said Republican presidential candidate Donald Trump's willingness to raise taxes means he is "right on economics" – at least compared to his conservative counterparts. The intervention comes after Jeb Bush attacked Trump not on what Krugman dubbed his "absurd and vicious" immigration policies, but "precisely the issues on which Mr. Trump [...]
Heineken takes a swig of craft brewer Lagunitas

September 8, 2015

Dutch brewer Heineken said today that it's bought a 50 per cent stake in US-based craft brewer Lagunitas. The company hopes that the deal will help grow its presence in the expanding craft beer category. Lagunitas, the fifth largest craft brewer in the US by volume, owns brands such the popular India pale ale Lagunitas IPA and [...]
CBI chief Paul Drechsler sounds alarm over the National Living Wage

September 8, 2015

The boss of one of Britain's biggest business bodies has warned over the unforeseen impact of the National Living Wage, amid growing concern from some of the companies that will be affected. "I've talked to several chief executives and been surprised by the impact on their profits of the change," Paul Drechsler, chief executive of [...]
Chancellor George Osborne “confident” about Hinkley Point deal

September 8, 2015

Chancellor George Osborne has said that the government's plan to build a new nuclear power plant at the Hinkley Point power station is on track. "I am pretty confident that we are going to be able to do a deal, but we are still in the negotiations," he told the Lords Economic Affairs committee. Britain [...]
Tesco: Here’s who is eyeing up its South Korean business Homeplus

September 8, 2015

Embattled retailer Tesco has reportedly invited five private equity firms, and one department store chain, to bid for its South Korean unit Homeplus which is valued at around about $6bn (£3.9bn). US-based KKR and Carlyle Group are among the potential runners and riders, according to a report by Reuters. London-based CVC Capital Partners, Hong Kong-based Affinity Equity Partners and [...]
Bank of England governor Mark Carney readies for grilling from newly formed Treasury Select Committee

September 8, 2015

Bank of England boss Mark Carney will be among the first witnesses to appear before the newly-formed Treasury Select Committee tomorrow. Carney and other policymakers from the Old Lady will be quizzed about financial stability and the economic outlook for the UK. Conservative MP and committee chair Andrew Tyrie has said he will ask questions [...]
Mayer Brown appoints the City’s first legal apprentices

September 8, 2015

There's a more direct, cheaper route for ambitious youngsters who are eyeing up a career in corporate law. And the trend could be about to take off, with law firm Mayer Brown hiring more than its original quota. Mayer Brown announced today that Rosie Ahmadi, 20 and David Elikwu, 21 will be the first participants in [...]
Ex-Sainsbury’s boss Justin King takes on first big role since leaving

September 7, 2015

The former chief executive of Sainsbury's, Justin King, is set to take on his first major role since leaving the supermarket last year. King, who is widely credited with reversing the fortunes of the supermarket chain, is due to become vice-chairman of private equity firm Terra Firma Capital Partners. "A source close to Terra Firma [...]

Oil prices could race past $150 as ceasefire in ‘difficult phase’

Fury: The real fight is not in the ring or ad spend, but brand alignment

Why I love hotel restaurants – and two of my favourites

By: Jessica Morris

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