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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Why the Islamic State wants to mint its own currency

August 30, 2015

The Islamic state wants to mint its own currency for circulation in the areas it controls, as part of its bid to end US supremacy, according a video released this week. The new gold silver, and copper coins will deliver "the second blow to america's financial system of enslavement casting into ruins their fraudulent dollar [...]
Notting Hill Carnival 2015: Can’t go? Here’s how to watch it from home

August 30, 2015

If the threat of a washout, crowds of hundreds of thousands and the seeming inability to find a toilet put you off Notting Hill carnival this year, you can still get in on some of the action. Local television channel London Live will let you catch a glimpse of the streams of colorful floats, huge processions of [...]
P2P lender Zopa has a new chief executive Jaidev Janardana as Giles Andrews steps aside

August 30, 2015

Peer-to-peer (P2P) lender Zopa has announced that former chief financial officer Jaidev Janardana has been promoted to the top spot with immediate effect. Janardana will implement the lenders strategy for its next phase of growth, as it targets £1bn in new loans for 2016, and aims to build a brand that becomes a mainstream service for [...]
HSBC glitch: Treasury Select Committee chairman Andrew Tyrie writing to Stuart Gulliver over IT failure

August 28, 2015

Treasury Select Committee chairman Andrew Tyrie said he's writing to the chief executive of HSBC after an IT glitch left thousands without their pay cheques before the beginning of the bank holiday. The Conservative MP wants to find out how HSBC boss Stuart Gulliver intends to prevent another incident, and ensure the bank's customers won't lose [...]
Ashley Madison chief exec Noel Biderman steps down after the hack

August 28, 2015

The chief executive of extramarital affair site Ashley Madison's parent company stepped down today, after a hack left 37m customers exposed. "This change is in the best interest of the company and allows us to continue to provide support to our members and dedicated employees. We are steadfast in our commitment to our customer base," according [...]
Ready for lift-off: Silicon Roundabout’s Inmarsat is launching a rocket

August 28, 2015

Inmarsat, which is based in London's Silicon Roundabout at Old Street, launched its third satellite into the atmosphere today. The Inmarsat-5 F3 was carried into space by a rocket at 12:44pm UK time. This creates the world’s first globally available, high-speed mobile broadband service, delivered through a single provider. "We launched our first satellite over Europe, the [...]
Bank of England interest rate rise threat sends first-time buyer sales to a pre-recession high

August 28, 2015

The threat of a rise in borrowing costs led first-time buyers to look through increased deposit costs and indulge in a "summer of white-hot activity" with completed transactions hitting a pre-recession high. Monthly first-time buyer sales rose 4.9 per cent to 29,700 in the month to July, according to an index by estate agents Your Move and [...]
Flash crash trader Navinder Singh Sarao fails to postpone extradition case

August 28, 2015

The British trader accused by US authorities of causing the 2010 US "Flash Crash" today failed to have his extradition hearing postponed. Navinder Singh Sarao, who was freed on bail earlier this month, faces extradition to the US on charges that carry a maximum sentence of 380 years. His lawyer told Westminster Magistrates Court he needed more time [...]
UK GDP second estimate: UK exports jump as GDP growth stays flat

August 28, 2015

A sharp upward revision to US second-quarter GDP yesterday sent markets around the world higher. Alas, data out of the UK was a little more muted. Official statistics released today confirmed Britain's economy grew 0.7 per cent in the second quarter of this year. However, economists said that the underlying data shows some rebalancing in the [...]
Jackson Hole summit 2015: What is it, why is it important and who will be there?

August 27, 2015

The annual central bankers' knees up in Jackson Hole, a mountain getaway in Wyoming, kicked off today. The "Davos" for central bankers features a heady mix of hiking trails and debates over monetary policy issues. This year central bankers, finance ministers, academics and financial market participants will chew over why inflation is so low, whether this is [...]

UK bank ramps up fight for savers after rebrand

Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals

Cirque du Soleil OVO, Royal Albert Hall review: Amazing tricks, okay clowns

By: Jessica Morris

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