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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apprenticeships

March 6, 2015

But a growing number of UK companies are offering apprenticeships: in 2005/6 there were 175,000 apprentices starting on new schemes; by 2012/13 there were 510,200, according to government figures. As economies increasingly require high-skilled workers, apprenticeships will fit an important part of the puzzle, by providing hundreds of thousands of individuals with the opportunity to So [...]
US non-farm payroll: Economy adds 295,000 jobs in February

March 6, 2015

The US economy was inoculated from last month's bout of bad weather as jobs growth smashed expectations. Figures released by the Labour Department today showed that the US economy added 295,000 jobs in February, which was up from the 257,000 in January. This was above economists' forecasts of 240,000. This bumper figure pushed the dollar [...]
Inflation expectations slide to 13-year low

March 6, 2015

Britain's expectations for inflation over the next 12 months have fallen to a level not seen in 13 years. The Bank of England's survey showed people's inflation expectations for the year ahead slumped to 1.9 per cent, down from 2.5 per cent in November, or the lowest since 2002. "While inflation expectations have softened appreciably [...]
Londoners set to benefit most from parking ticket “grace period”

March 6, 2015

Driving in London is often described as something akin to a nightmare – from traffic jams, to sky-high parking prices and pushy motorists. But there's finally a bit of good news for the capital's understandably frazzled drivers. Drivers will get a ten-minute window after a council parking ticket runs out before they can be fined [...]
Thomas Cook share price soars after Chinese Conglomerate Fosun International takes five per cent stake

March 6, 2015

Thomas Cook's share price soared today after Chinese billionaire Guo Guangchang took a five per cent stake. The tour operator, which staged a marked turnaround after nearly collapsing in 2011, surged 16.2 per cent to 140p per share in early morning trade. The company's shares have risen 9.5 per cent so far this year. Guangchang's conglomerate Fosun [...]
Chinese Conglomerate Fosun International takes five per cent stake in Thomas Cook

March 6, 2015

Chinese billionaire Guo Guangchang has taken a five per cent stake in UK-based tour operator Thomas Cook. Guangchang's conglomerate Fosun International paid £91.8m for 73,135,777 of the company's ordinary shares. Thomas Cook said Fosun intends to double its stake to 10 per cent by purchasing more shares on the open market.
UPDATE: Quindell share price recovers after it sells stake in Nationwide Accident Repair Services and announces share issue

March 5, 2015

Shares in insurance outsourcing firm Quindell started the day six per cent lower at 88p, but then bounced back to 91p by mid afternoon after it said it had sold its minority stake in Nationwide Accident Repair Services. It said it sold its stake in the British building society’s vehicle repair service on 4 March for 65 pence [...]
ECB will launch €1 trillion bond buying programme on 9 March

March 5, 2015

The European Central Bank (ECB) said it will launch its €1 trillion quantitative easing programme on 9 March, in a bid to ward off a deflation death spiral and kick start economic growth throughout the ailing region. "We will on 9 March 2015 start purchasing euro-dominated public sector securities in the secondary market," ECB governor [...]
Bank of England interest rate decision: MPC holds at record low for sixth year

March 5, 2015

The Bank's monetary policy committee (MPC) voted not to touch interest rates for what's now the 72nd month. This means interest rates have been held at a record low 0.5 per cent for six years. If you're struggling to think back this far, this time in 2009, Sacha Baron Cohen's "Bruno" was gracing cinema screens. [...]
Aviva share price rises after full-year profit leaps and final dividend gets a 30pc boost

March 5, 2015

The figures: UK insurer Aviva said full-year operating profit rose six percent to £2.17bn in 2014, slightly above forecasts of £2.15bn. It proposed a 30 per cent increase to its final dividend taking it to 12.25 pence per share, cheering investors and pushing the company's share price up six per cent to 564 pence per share at pixel [...]

Babcock boss bows out after shares grow sixfold

William Hill Vegas Free Spins – 200 Free Spins for 2026

This hotel on the Elizabeth Line is 30 minutes from London but feels totally remote

By: Jessica Morris

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