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.

All 2633 Articles

Eurozone inflation holds steady at 0.2 per cent in July

July 31, 2015

The Eurozone's annual inflation rate held steady at 0.2 per cent in the year to July, unchanged from the previous month, a flash estimate by Eurostat showed today. Nevertheless inflation remains well below the European Central Bank's (ECB) target of just under two per cent, meaning there's still plenty of work for the ECB's €60bn a [...]
Ex-Greek finance minister Yanis Varoufakis’ shirt is causing a stir

July 31, 2015

Ex-Greek finance minister Yanis Varoufakis found himself at the center of international attention again today, however rather than a hacking plot and accusations of treason, it was his bad dress sense that drew attention. Earlier this week a leaked recording revealed Varoufakis had been planning to hack into government databases to help start a parallel currency – [...]
GDP growth: Ireland’s economy powered ahead in the first quarter

July 31, 2015

Ireland is that little bit closer to having the fastest growing economy in Europe for the second year running. The country's Central Statistics Office (CSO) said the economy grew 1.4 per cent in the first quarter of 2015 compared with the previous three months, but slightly below economists' expectations for a 1.5 per cent rise. [...]
IMF may not participate in third Greek bailout

July 31, 2015

The International Monetary Fund (IMF) has said it could be prevented from participating in Greece's third bailout programme, due to the state's debt pile and poor record of implementing previous economic reforms, it has been reported. This means while IMF staff will continue to participate in current negotiations around the Greek debt crisis, it could be [...]
FCA bans ex-trader Lee Stewart over Libor-rigging scandal

July 30, 2015

The Financial Conduct Authority (FCA) has banned another former Rabobank trader over their role in the Libor rate-rigging scandal. The regulator banned Lee Stewart from the financial services industry for lacking honesty and integrity. Earlier this year Stewart pleaded guilty in the US for his role in a conspiracy to manipulate Rabobank’s US dollar Libor submissions. "Mr Stewart [...]
S&P: Interest rate rise by the Bank of England won’t send property prices plummeting

July 30, 2015

Credit ratings agency Standard & Poor's (S&P) said today that an interest rate rise this year could slow house price growth, however a number of structural factors will support demand and prevent an outright decline. "The issue is whether the rise in interest rates that we expect to start in late 2015 could eventually bring [...]
Neil Woodford’s Patient Capital Trust and Rothschild-backed Augmentum Capital lead £10m investment into crowdfunding platform Seedrs

July 30, 2015

Star fund manager Neil Woodford and a venture capital fund backed by Lord Rothschild have led a funding round into online crowdfunding platform Seedrs, valuing the business at £30m. Woodford's Patent Capital Trust and Augmentum Capital said they will invest £7.5m into London-based Seedrs. The company will raise an additional £2.5m by targeting existing shareholders and other individual investors [...]
FCA: Lessons still to learn from rate-rigging scandals such as Libor and forex

July 29, 2015

The Financial Conduct Authority (FCA) has warned banks are yet to fully apply the lessons learned from rate-rigging scandals such as Libor, forex and gold to other benchmarks. The FCA's "Thematic Review of Oversight and Controls", which looked into 12 firms between August 2014 and June 2015, assessed all benchmarks apart from Libor and forex, which [...]
Bank of England’s Jon Cunliffe warns over impact of a US rate hike

July 29, 2015

The Bank of England's deputy governor for financial stability has voiced concerns over how financial markets will react to an interest rate rise by the US Fed. Sir John Cunliffe told the Guardian that global financial markets are "quite fragile" due to a lack of liquidity which can make it more difficult for traders to exit some [...]
CBI distributive trades survey: Britain’s retailers are expecting a slow summer

July 29, 2015

A widely watched industry survey has shown UK retailers expect sales volumes to weaken further next month, after an already disappointing performance in July. The CBI distributive trades survey said 30 per cent of firms expect sales volumes to rise in the year to August, while 17 per cent said they expect them to fall, [...]

For Dubai lawyers, loyalty is now being judged

Exclusive: London Broncos back NRL to invest in Super League

Aziz Ansari talks cooking and writing over dinner at Hoppers

By: Jessica Morris

All 2633 Articles

Subscribe