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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Germany’s economy grew at fastest rate in three years for 2014

January 15, 2015

The German economy grew 1.5 per cent last year, in line with expectations. The figure was driven primarily by domestic demand, German officials said. It is the strongest growth since 2011, when the Eurozone's biggest economy expanded 3.6 per cent, according to figures released by Federal Statistical Office today. "Obviously, the German economy turned out [...]
Creative industries added £80bn to the UK economy in 2013

January 14, 2015

Movie stars, music mavericks, models and actors are all helping the UK economy sparkle, with creative industries contributing an all time high of £76.9bn to the UK economy. The creative economy grew three times faster than the economy as a whole, with gross value surging 9.9 per cent, according to the report released by the [...]
US retail sales unexpectedly slump by 0.9 per cent in December

January 14, 2015

US retail sales unexpectedly slumped by 0.9 per cent in December, marking its biggest drop in nearly a year. The decline was broad-based with nine out of 13 sectors posting a decline, the Commerce Department said. This came despite a perceived boost to the consumer from falling oil prices and a healthy jobs market. Core [...]
Standard & Poor’s cuts Tesco to junk

January 14, 2015

Standard & Poor's (S&P) today downgraded Tesco to junk status, suggesting the ratings agency is unconvinced by the turnaround strategy unveiled by new chief executive Dave Lewis last week. The grocer's senior long-term credit rating was lowered to BB+ from BBB-. It is unlikely to go any lower than this however, with S&P saying the [...]
Eurozone industrial production beats forecasts in November

January 14, 2015

There's finally some good news from the embattled Eurozone, after its factories posted a surprise increase in output. Eurozone industrial production climbed 0.2 per cent in November, defying economists' forecasts for no growth. Industrial production was just 0.4 per cent lower than a year ago, which beat economist' estimates of a 0.7 per cent decline. [...]
OMT decision: Euro falls to nine-year low as European Court of Justice rules ECB bond buying programme is legal and “necessary”

January 14, 2015

The euro fell to $1.17425, a nine-year low against the dollar and below the level it first launched at in 1999 after after a European Court ruled the European Central Bank's (ECB) bond-buying programme was both "necessary" and "in principle". Pedro Cruz Villalon, advocate general at the European Court of Justice, said the Outright [...]
Just Eat orders jump 50 per cent

January 14, 2015

Online takeaway group Just Eat's share price rose as much as 3.9 per cent after it announced like-for-like orders leapt by 50 per cent last year. The London-listed firm also said total orders swelled 52 per cent, including orders from its French business (Alloresto.fr) from July onwards. Orders surged on ongoing investment across a range of [...]
Which countries have the most women on boards? Norway, France and the United Kingdom

January 13, 2015

The number of women on the boards of British companies has transformed from a mere smattering into a solid number in recent years, but how well is the UK doing compared to the rest of the world? Britain came sixth out of 20 in a new international census, which looked at women on the boards [...]
Sainsbury’s axes 500 jobs as part of cost-cutting drive

January 13, 2015

Sainsbury's has announced plans to axe 500 jobs as part of a cost-cutting exercise, as the UK supermarket battle continues to heat up. Sainsbury's, which is the UK's second largest supermarket, said the job cuts would be across "all divisions and grades in our store support centres". A consultation on the job losses will start [...]
Bid to restrict online ticket touts defeated in parliament after government wins vote

January 13, 2015

A bid to introduce stricter regulations for online ticket touts whose websites re-sell event tickets failed yesterday, after the government won a vote to overturn it by 289 votes to 204. Last week leading figures in sports, music and theatre wrote an open letter calling for the inclusion of a clause in the consumer rights [...]

Judge awards McLaren F1 team over $12m in Alex Palou trial

William Hill Vegas Free Spins – 200 Free Spins for 2026

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

By: Jessica Morris

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