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

Bank of England’s Martin Weale: Interest rate hike remains “finely balanced”

March 11, 2015

The eventual interest rate hike remains "a finely balanced tug of war" and "pulls in both directions have intensified", a member of the Bank of England's rate-setting committee said in a speech made today. Weale said the bank must weigh the fact rising wages without a corresponding pick-up in productivity will strengthen the case for [...]
Here’s why chancellor George Osborne’s pensioner bond bonanza won’t translate into votes

March 11, 2015

George Osborne's so-called "granny bond" scheme has been heavily criticised as a blatant bid for the older vote, however new research has shown the chancellor's expensive giveaway is unlikely to pay off for the Tories. Rate setters at the Bank of England have held the main interest rate at a record low 0.5 per cent [...]
Euro slides to new 12-year low amid dollar rally

March 11, 2015

The euro continued its downward slide today, falling below $1.06, its lowest level since April 2003. That means the currency is now within a whisker of parity with the dollar. Indeed, over at Deutsche Bank, economists believe the euro will break parity, hitting $0.85 by 2017. In his first public speech since Frankfurt started its [...]
Aerial London: Seven amazing photographs of the City

March 11, 2015

Have you ever wondered what the City looks like if you're hanging out of a helicopter, and about 1,000ft high? Jason Hawkes, who is one of the world's top aerial photographers, has carved a career out of doing just that. His portfolio features aerial shots of some of the city's most famous skyscrapers like the Gherkin [...]
Investor cheer boosts Boohoo share price seven per cent

March 11, 2015

Shares in online retailer Boohoo are back in fashion after it reported a 27 per cent surge in full year revenue. Shares in the Manchester-based group jumped as much as seven per cent to 27 pence in early morning trade today. But despite the gains, they remain well below last year's initial public offering price, [...]
These three groups are most at risk from an interest rate hike

March 10, 2015

In March 2009 the Bank of England (BoE) cut its main interest rate to 0.5 per cent. It's stayed there ever since. Borrowers have benefited from low interest rates which have cut the amount they pay to service their debts. On the flip side, savers have seen paltry returns on their investments, making it even [...]
Pound smashes through €1.40 mark hitting seven-year high against the euro amid quantitative easing and Greek woes

March 10, 2015

The pound soared to a more-than seven year high against the euro today thanks to the start of Eurozone quantitative easing. Sterling rose 0.45 per cent, powering past €1.40, its strongest since December 2007. It's been buoyed by Draghi's "biggest bazooka", the €1.1 trillion (£720bn) bond-buying programme, which was launched yesterday. The programme, due to [...]
Private equity executive Randy Work ordered to make £72m divorce payout to ex-wife Mandy Gray by top London court

March 10, 2015

A former private equity exec has been ordered to pay his ex-wife £72m – much more than he'd been offering. Randy Work, a former exec at Lone Star, said his estranged wife Mandy Gray should receive just £5m ($7.5m) of his wealth. He said his £150m ($225m) pot was protected by a post-nuptial agreement originally signed in Texas. [...]
IGas share price jumps 20 per cent after Ineos deal

March 10, 2015

Shares in IGas have jumped this morning, after the announcement of its £30m shale gas deal with Switzerland's Ineos, which will give the latter access to IGas shale sites in the north west and East Midlands regions of England. IGas, the UK's biggest shale gas explorer, saw its share price jump 23 per cent at 30 [...]
London Stock Exchange “1000 companies to inspire Britain” 2015: London leads competitors Greater Manchester and Essex

March 10, 2015

Specialty beer firm BrewDog, challenger bank Metro Bank and high-street café Patisserie Valerie are all among the "1000 companies to inspire Britain" named by the London Stock Exchange. The report, supported by Lloyds Bank, the Business Growth Fund and Cenkos Securities, is in its second year. Most of the companies more than doubled their revenue in [...]

Burnham launches bid to stand as Labour MP in by-election

Why authenticity is key to US sport succeeding in Europe

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

By: Jessica Morris

All 2633 Articles

Subscribe