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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Three reasons oil prices are climbing

May 6, 2015

Oil prices jumped by over a dollar today, taking the price of the black stuff to its highest level this year, and it also comes on the back of a month rally. Here's why oil prices are pushing upwards: 1. US crude stocks Industry group American Petroleum Institution (API) yesterday said US crude oil stocks fell [...]
End of term report: How has the coalition actually done?

May 6, 2015

We're on the edge of what has been repeatedly referred to as the most unpredictable election in living memory. The Conservative Party has put its ability to manage the economy at the heart of its election campaign, while the Lib Dems have positioned themselves as the party to "cut less than the Tories and borrow less [...]
Sainsbury’s share price falls after it posts first loss in a decade

May 6, 2015

Nine years of uninterrupted sales growth came to a halt today as Sainsbury's reported a pre-tax loss of £72m. Investors were not impressed, and the grocer's shares were down 3.6 per cent to 264.8 pence this afternoon. The figures Sainsbury's said underlying profit before tax had fallen by 14.7 per cent to £681m in the year [...]
Skype was refused a trademark as it sounds too much like Sky

May 6, 2015

It's not hard to tell the difference between Skype and Sky. One's a Microsoft-owned text, voice and video messaging service, the other's a Rupert Murdoch-owned television, broadband and telephone provider. But yesterday judges at the General Court of the European Union in Luxembourg said the public could be confused by the two, as Skype's name and [...]
UK services sector data has just boosted hopes for a rebound

May 6, 2015

The last data released before the polls open tomorrow has shown services growth hit an eight-month high, potentially allaying fears the economy is slowing after the release of disappointing first quarter GDP figures. The Markit/CIPS UK Services Business Activity Index rose for a second month in April to 59.5, up from 58.9. A reading above 50 signals [...]
This is how to appear super smart in an email without trying

May 6, 2015

We all know staying on top of emails is a challenge, and that's without the added pressure of coming up with a decent reply each time. But online comic The Cooper Review has come up with its own helpful tips, ranging from how to present a smart email to what time it should be sent, and what [...]
Poundland brings forward competition probe into 99p Stores deal

May 6, 2015

Bargain store Poundland has bought forward a competition probe into its offer to buy rival 99p Stores for £55m. The Competition and Markets Authority (CMA) previously said the tie-up could create "a realistic prospect of less competition" in 80 local areas – and an additional 12 areas where they will be competitors in the near future. It said [...]
European Union GDP growth to hit 1.8 per cent this year – as Greek forecast is slashed to 0.5 per cent.

May 5, 2015

The European Commission expects GDP to rise 1.8 per cent across the European Union, and by 1.5 per cent across the euro area as a whole. It's expected to benefit from low oil prices cutting business costs and giving consumers more disposable income, stronger exports as a result of the weak euro, and loose monetary policy [...]
HSBC profits rise as investment banking rebounds

May 5, 2015

The figures Britain's biggest bank beat analyst expectations this morning, posting profit before tax of $7bn (£4.6bn) for the first three months of 2015, up from $6.8bn (£4.5bn) a year earlier. Reported revenue came in at $15.9bn (£10.5bn) for the first quarter of 2015, broadly unchanged from the same time last year. It added that reported operating expenses [...]
UK managers work fewer hours than those in the US

May 5, 2015

Managing a team can of employees can be tough, but managers in the UK have an easier ride than their US counterparts, because they get to work shorter hours. Research by professional services firm Ernst and Young, based on interviews with 9,699 full-time employees in eight different countries, found just over a third of UK managers work [...]

The Capitalist: Lloyds teases wannabe buyers with ‘homebuying tasting menu’

Women’s Super League fans spend more on matchdays than Premier League counterparts

Spirit of Speyside Whisky Festival to drive millions into Scotch sector

By: Jessica Morris

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