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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Oil prices

June 27, 2016

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Gold gains for second day as nervous investors rush into the safe-haven

June 27, 2016

Gold surged for a second day as nervous investors sought refuge from a storm rippling through financial markets following the UK's vote to leave the European Union. Spot gold swelled 0.76 per cent to $1,325.70 an ounce this morning, while US gold added 0.55 per cent to $1,329.70. The precious metal has risen nearly 25 per cent [...]
Welsh and Scottish first ministers clash over whether they should block Brexit

June 26, 2016

The Welsh and Scottish first ministers have markedly different views over whether their parliaments should try to block the UK from leaving the European Union. Asked whether she would consider asking Holyrood not to back such a motion of legislative consent, Scotland's first minister Nicola Sturgeon replied "of course". "If the Scottish parliament was judging this on the basis of [...]
Liberty House still interested in Tata’s UK business despite Brexit

June 26, 2016

Liberty House is still interested in snapping up Tata Steel's UK assets despite Brexit, City A.M. understands. It follows reports suggesting several bidders are close to abandoning talks with the Indian conglomerate, after Britons voted to leave the European Union on Thursday. An industry source told City A.M. that they wouldn't be surprised if this was the [...]
Tata

June 26, 2016

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Brexit creates fresh wave of uncertainty for Hinkley Point

June 26, 2016

EDF's plans to build an £18bn nuclear power plant at Hinkley Point in Somerset will be subject to a fresh wave of uncertainty following Brexit. Asked whether Brexit could lead to Hinkley being scrapped, Angus Brendan MacNeil, chair of the energy and climate select committee, said: "Anything could happen … Hinkley is in a very [...]
hinkley

June 26, 2016

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Iain Duncan Smith says new prime minister should be a Brexiteer

June 26, 2016

Former Conservative leader Ian Duncan Smith has said that the new prime minister should come from the Leave camp, with David Cameron due to step down in the wake of Britain's decision to leave the European Union. Speaking on the Andrew Marr show, the prominent Leave campaigner said: "The government itself had a view… which was [...]
European Union clarifies how Brexit will actually work

June 26, 2016

The European Union has spelled out what Britain must do to remove itself from the bloc following Thursday's referendum. It said that Article 50, which sets a two-year deadline for a deal, can be triggered by the government through a formal declaration either in a letter or a speech. Read more: Lord Sugar slams Boris for "misleading" public [...]
Jeremy Corbyn is facing a revolt within the parliamentary Labour party, with 11 frontbenchers resigning in protest, while Hilary Benn was dismissed last night

June 26, 2016

Jeremy Corbyn is facing a huge revolt within the parliamentary Labour party, with 11 of his cabinet resigning today, while shadow foreign secretary Hilary Benn was dismissed late last night. Since the Labour leader sacked Benn, Corbyn has since seen his shadow health secretary Heidi Alexander, and shadow minister for voter registration Gloria De Piero resign, with Labour's shadow [...]

Government-backed ESG reporting platform put up for sale as firms backtrack on eco-goals

Enzo Maresca pays Chelsea compensation to become Manchester City manager

A meeting with the breakfast king of Mayfair

By: Jessica Morris

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