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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Moody’s doubts government’s ability to meet its deficit targets

May 26, 2015

Credit ratings agency Moody's has questioned the speed by which the new government will be able to shrink its gnawing budget deficit. "We expect the budget deficit to decline continuously over the coming years, a credit positive," Moody's said. "However, we also believe that the pace of adjustment might be somewhat slower than the government [...]
Greece could impose small levy on bank ATM withdrawals

May 26, 2015

Greek finance minister Yanis Varoufakis has said it could impose a small levy on bank ATM withdrawals to encourage the use of credit cards, as part of a package of measures aimed at fighting tax evasion. "There may be, for example, a small fee on ATM withdrawals. This is under discussion as an incentive to use plastic [...]
First Libor case with ex-UBS and Citigroup trader Tom Hayes comes to trial at Southwark Crown Court today

May 26, 2015

The first criminal trial over allegations of conspiracy to rig the Libor benchmark interest rate will start in London court today. Tom Hayes, a former trader at banks UBS and Citigroup, will appear at Southwark crown court charged with eight counts of conspiring to rig the Libor rate. Hayes previously pleaded not guilty to charges of conspiracy [...]
Best British universities to study economics ranked: Oxford, Warwick, Cambridge Surrey and Heriot-Watt make top five

May 25, 2015

British students with ambitions to be the next Paul Krugman should be setting their sights on obtaining a degree from Oxford, Warwick or Cambridge. And other highly commended institutions were Surrey, Heriot-Watt, Leeds, Coventry, University College London as well as Kent. At least that's according to the Guardian's university league tables for 2016 which crunched results [...]
June 5 is the next crunch point for the Greek debt negotiations

May 25, 2015

June 5 will be the next crunch point in the Greek debt talks. Greek government spokesman Gabriel Sakellaridis confirmed the government will pay salaries and pensions, however he said it would try its best to meet the June 5 deadline for a €1.6bn (£1.1bn) payment to the IMF. "To the degree to which we are able to [...]
Premium phone charges are set to drop under new Ofcom rules

May 25, 2015

Charges to premium phone lines are set to get a little bit cheaper under sweeping changes to be introduced in July by communications regulator Ofcom. The new rules will affect phone numbers beginning with 08, 09 or 118 which are typically used by customer service and information lines as well as by directory enquiries. From the 1 July [...]
These are the best shops on the British high street: Lush, John Lewis, Apple, Fenwick and Home Bargains make the top 10

May 25, 2015

The customer is king when it comes to winning amid an increasingly competitive retail landscape. Excellent customer service standards helped small independents make the biggest gains in an annual survey of favourite high street shops by consumer watchdog Which?. Independent DIY and decorating stores experienced a huge rise, coming third overall, or 83 places higher than last year. [...]
Taiwanese insurer Fubon Life Insurance snaps up site of Madame Tussauds

May 25, 2015

Top tourist attraction Madame Tussauds Marylebone site has been snapped up by a Taiwanese insurer in a multi-million pound deal. Fubon Life Insurance bought the premises, which has been home to the waxwork museum for about 130 years, for £348.8m according to media reports. It's located on Marylebone Road near Regents Park and displays waxworks figures of [...]
Germany denies reports Greece could get a parallel currency

May 22, 2015

Germany's finance ministry has denied reports it was considering offering Greece its own parallel currency. Earlier today Germany's finance minister Wolfgang Schaeuble was said to have raised the possibility of offering it a parallel currency during a recent meeting, according to a a report by Bloomberg. This prompted speculation that Germany was preparing for the cash strapped country's [...]
Plus500 suspends shares after it suffers a shorting attack

May 22, 2015

Beleaguered spread-betting firm Plus500 today suspended trading in its shares on London's junior market, following a sell-off sparked by a hedge fund's blog post which said it was shorting the company's stock. US hedge fund Cable Car said it was shorting the trading platform with a price target of 76 pence per share. This sent the [...]

TikTok no longer in limbo as it seals US deal

Drinking in stands hailed as success as more clubs join WSL pilot scheme

This Soho pub is putting on a ‘problematic’ show about a drunkard

By: Jessica Morris

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