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

Greek crisis: ECB maintains emergency funding for Greek banks and imposes bigger haircut on Greek bank collateral

July 6, 2015

The European Central Bank (ECB) has imposed a bigger haircut on Greek banks making it harder for them to receive the emergency funding they need to stay afloat. The governing council's move means Greek banks will have to cough up more assets in exchange for Emergency Liquidity Assistance (ELA), however a source told Reuters that the [...]
Greek crisis: Euclid Tsakalotos sworn in as new finance minister

July 6, 2015

Euclid Tsakalotos has been sworn in as new Greek finance minister following the resignation of Yanis Varoufakis. The oxford-educated economist was sworn in by Greek president Prokopis Pavlopoulos this evening meaning he can attend tomorrow's crucial Eurogroup meeting. Read more: Here's everything we know about Euclid Tsakalotos Tsakalotos takes on the role from his previous post as [...]
Greek crisis: Chancellor George Osborne says Greece at “critical moment” after referendum

July 6, 2015

Chancellor George Osborne has warned we're at a "critical moment" in the Greek debt crisis after the overwhelming "no" vote in the country's historic referendum last night. "This is a critical moment in the economic crisis in Greece," he said. "No-one should be under any illusions. The situation risks going from bad to worse. Britain [...]
Tui share price and Thomas Cook share price tumble amid Greek debt crisis

July 6, 2015

Shares in London-listed holiday firms Tui and Thomas Cook tumbled today amid concerns travel will suffer due to the Greek debt crisis which has intensified as a result of last night's "no" vote. Shares in Thomas Cook closed down 4.85 per cent to 125.5p per share this afternoon while TUI's share price was 2.55 per cent [...]
Challenger bank Shawbrook appoints new chairman Iain Cornish to replace Sir George Mathewson

July 6, 2015

Challenger bank Shawbrook has appointed former Yorkshire Building Society chief executive Iain Cornish as its new chairman. Cornish replaces former RBS boss Sir George Mathewson who will step down as chairman and as director with immediate effect. Cornish is a senior independent director of debt manager Arrow Global and wealth manager St James's Place. Read more: Challenger [...]
July Budget 2015: Boris Johnson says cut top tax rate and introduce living wage

July 6, 2015

Boris Johnson has said he thinks the government should cut the top rate of income tax from 45 pence and simultaneously make some of Britain's biggest companies pay the living wage. The London mayor argues only boosting the income of society's richest individuals is unfair, and should be matched with pay increases for low-paid employees [...]
Yanis Varoufakis resigns: Here’s everything we know about Euclid Tsakalotos, the Greek golden boy tipped to take over as finance minister

July 6, 2015

Euclid Tsakalotos has been tipped as the most likely replacement for Yanis Varoufakis, the finance minister who resigned today. By the time Varoufakis was appointed, he was pretty well known in economics circles – but who is Tsakalotos? Greece's chief economics spokesman and deputy foreign minister has been described as the country's "secret weapon" in negotiations [...]
Greek referendum – when will the results come in? Voters set to reject bailout offer

July 5, 2015

Greece has entered uncharted territory after it overwhelmingly rejected austerity measures in exchange for unblocking aid in a historic referendum. It's been over six hours since the polls closed, and around 95 per cent of the votes have been counted, with 61.31 per cent voting "no" and 38.69 per cent voting "yes". This flies in the [...]
Euro slides against the dollar as Greeks vote “no” in referendum

July 5, 2015

The euro fell sharply against its major peers as the Greeks look set to overwhelmingly reject more austerity measures in return for unlocking funding that it so desperately needs. The single currency initially fell by 1.4 per cent against the greenback however it later recovered losses slightly to trade at $1.09992. It's been nearly five [...]
What does a “no” vote mean for Greece and Europe?

July 5, 2015

Tonight the Greeks have shocked Eurozone officials by voting "no" to more austerity measures in return for unblocking aid that the cash-strapped country so desperately needs. [XX] Prime minister Alexis Tsipras "No" doesn't necessarily imply Grexit A "no" vote, in which the current government becomes more politically entrenched. This is likely to be viewed negatively by [...]

Trump rows back from tariff threat after scathing Davos speech

Live sport credited for Netflix subscriber surge as sign-ups hit 325m

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

By: Jessica Morris

All 2633 Articles

Subscribe