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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UK inflation falls back to zero as Britain returns to “noflation” territory

July 14, 2015

The falling price of clothes and food meant that Britain's consumer price index slipped back to zero last month, from a 0.1 per cent increase in May, and coming in line with economists' expectations. Figures released today by the Office for National Statistics showed clothing and footwear prices fell by 0.4 per cent in the [...]
Dragon Oil share price rises as it shrugs off global oil price rout maintaining investment spend as production rises

July 14, 2015

Dragon Oil has said it maintained capital expenditure and increased oil production in the six months to June, in the face of a global oil price rout that's forced a number of similar companies to cut investment spending. Read more: Dragon Oil shareholders breathing fire over £3.7bn ENOC takeover bid But shares in the Turkmenistan-focused oil [...]
Greek prime minister Alexis Tsipras braces himself for parliamentary battle over bailout deal

July 14, 2015

Greek prime minister Alexis Tsipras faces a showdown with leftwing rebels in his ruling party Syriza later today, after accepting a bailout package which capitulated to creditors' demands for more austerity, despite the Greek people resolutely rejecting this in a referendum over a week ago. Tsipras is due to push a host of new bills [...]
BoE says mortgage demand rose “significantly” in the second quarter

July 13, 2015

The Bank of England's credit conditions survey, released today, has shown mortgage demand rose "significantly" in the second quarter, having fallen in the three previous quarters, and is set to rise again in the third quarter. The survey also showed demand for loans to big and small companies increased in the three months to mid-June [...]
Greek deal: Here’s how analysts reacted

July 13, 2015

While markets cheered this morning after Greece and its creditors came to a "unanimous" agreement over a third bailout deal analysts were less easily impressed. The FTSE 100 opened 0.8 per cent higher, while the euro jumped to $1.1170 against the dollar. And yet analysts warned investors to take heed of the fact the deal [...]
Heathrow facing flight delays as climate change activists block runway

July 13, 2015

Passengers flying from Heathrow Airport today could face delays after climate change activists broke into the airport perimeter in the early hours of this morning, and are currently staging a protest on a runway. "Due to protest activity at the airport, there may be delays and cancellations and you are advised to check your flight status below [...]
UK consumer spending growth soars to five-year high

July 13, 2015

Britons wining and dining, indulging in nights out and partaking in leisure activities helped consumer spending in the three months to June hit its highest level in five years. Figures released today based on credit and debit card transactions from Visa Europe show consumer spending rose 1.4 percent annually in the three months to June, [...]
Greek debt crisis: Greece submits new reform plan ahead of deadline

July 9, 2015

Greece has submitted reform plans ahead of its deadline which was midnight tonight as it rushes to agree a bailout deal with creditors and avoid economic catastrophe. The spokesperson for Eurogroup president Jeroen Dijsselbloem said he had received the Greek proposal and that it is "important for institutions to consider these in their assessment". The reform [...]
BT calls for Ofcom inquiry into Sky

July 9, 2015

BT has called on industry watchdog Ofcom to expand its Digital Communications Review to tackle Sky's dominance of the pay-television sector. “Sky has benefited from a situation where there’s been very little or weak regulation,” John Petter, chief executive of BT’s consumer division, said in a speech to the Broadcasting Press Guild in London. "Sky [...]
Fashion chain Reiss is exploring a share sale

July 9, 2015

Family owned high street fashion chain Reiss, a favourite of the Duchess of Cambridge, is reportedly exploring a share sale which could value the company at as much as £325m. The company's founder David Reiss is exploring bringing in outside investors for the first time since the company was founded in 1971. According to a report by Sky [...]

Young’s ditches AIM as pub chain eyes FTSE 250 inclusion

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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