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      Wood Group hit with £13m fine as engineering titan set to exit City

      Wood Group engineers collaborating on a project plan in a modern office setting, highlighting teamwork and innovation.

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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
  • Afren share price falls again as investors chew on rescue plans

    March 16, 2015

    Shares in oil producer Afren suffered a second session of losses today, as investors booed its recapitalisation plans. Shares in London-listed Afren closed at 3.5p, 24.3 per cent down. This comes after the company's shares closed down 28 per cent at 4.6 pence per share on Friday afternoon. Investors were still chewing on the fact [...]

  • George Osborne Budget 2015: Here’s everything we already know

    March 16, 2015

    Chancellor George Osborne is busily putting the finishing touches to his final Budget speech for this parliament, and while he's been keen to stress fiscal constraints mean it's going to be rather light on the ground, here's a quick round-up of what people think he'll pull out of the red box tomorrow: "No giveaways, no [...]

  • Quindell share price jumps 30 per cent after it confirms details of Slater & Gordon deal including possible £640m figure

    March 16, 2015

    Shares in embattled insurance outsourcer Quindell shot up today, following a report its board was on the cusp of recommending a £640m offer from law firm Slater & Gordon for its legal arm. Quindell's share price jumped as much as 27 per cent to trade at around 127 pence per share this morning. This means the [...]

  • City fund Haversham has shares suspended on takeover talks

    March 16, 2015

    Shares in Haversham Holdings were temporarily suspended this morning after the fund confirmed it was in "advanced" takeover talks without naming its potential target. Aim-listed investment fund Haversham, which is backed by City fund houses such as Aviva, Schroders, Invesco and Artemis, said it was in "very advanced discussions which might lead to a transaction". This [...]

  • Association of Leading Visitor Attractions: London dominates list of best UK visitor attractions led by the National Gallery

    March 16, 2015

    The lure of the British Museum as well as that of the National Portrait Gallery continued to ensure London sites topped a list of the most popular visitor attractions in the UK. In what was a bumper year for British culture, the total number of people visiting attractions jumped 6.5 per cent, the Association of [...]

  • AO World share price dips as much as eight per cent after chairman Richard Rose sells down stake for £10m

    March 16, 2015

    AO World said non-executive chairman Richard Rose sold nearly all of his stake in the company for £10m, nonetheless it was stressed that he remains committed to the company. The white goods etailer, which floated on the London Stock Exchange a year ago, said Rose sold 1.3 per cent of its outstanding shares at a [...]

  • Greek finance minister Yanis Varoufakis sounds alarm over quantitative easing

    March 14, 2015

    The European Central Bank kicked off its bond-buying programme this week, as investors cheered the move, however Greece's Finance Minister Yanis Varoufakis warned over its potential outcomes. "QE is all around us and optimism is in the air," Varoufakis said in Italy. "At the risk to sound the party pooper … I find it hard to [...]

  • The BBC news website is down

    March 14, 2015

    The BBC News website buckled today, and users were instead greeted with this rather scary error message. The "Error 500" message says that fault could be due to "abnormal traffic" or the sites' servers being unavailable. There's also a rather creepy looking clown standing in-front of a chalk board, as well as what looks like [...]

  • General Election 2015: Here are the Labour party’s five pledges

    March 14, 2015

    Ed Miliband has revealed five electoral pledges with which the Labour party will fight the general election in May. The party will be focusing on cementing the economy recovery, ensuring that everyone can benefit from it, improving NHS and immigration policy, as well as improving the prospects of young people. At a Birmingham rally he [...]

  • A short history of PI day: What is it and where did it come from?

    March 14, 2015

    Today is 3-14-15, or the first five digits of the mathematical constant pi: 3.141592653. What makes pi so special? It's the most widely known mathematical constant,  But what makes it so special? Pi is the 16th letter of the Greek alphabet, but it's also the best known mathematical constan What makes it special? Pi is the 16th letter [...]

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