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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Sterling suffers historic crash as Brits back Brexit

June 24, 2016

The pound has been haemorrhaging against the dollar as panic engulfs financial markets in reaction to the UK voting to leave the European Union. Sterling has racked up its worst daily fall on records that date back to 1971 — even uglier the collapse of Lehman Brothers and Black Wednesday. At one stage, the pound fell as low as $1.3224, a fall of more [...]
Gold “on fire” as UK shocks markets with Leave vote

June 24, 2016

Spooked investors have continued to pile into gold as financial markets around the world enter meltdown following the UK's vote to leave the European Union. Gold swelled over six per cent to $1,313.60 at the London close, after climbing as high as $1,355.6 earlier today. Market uncertainty was increased after Prime Minister David Cameron resigned in the aftermath [...]
S&P warns Britain likely to lose its AAA credit rating after Brexit

June 24, 2016

Credit ratings agency Standard & Poor's has warned Britain could lose its AAA credit rating, after it voted for Brexit heralding a period of political, economic and financial uncertainty. Moritz Kraemer, chief ratings officer for S&P, reiterated that he expected the risks associated with the UK voting to leave the European Union will lead to a credit downgrade [...]
Gold

June 24, 2016

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EU referendum: Ex-business secretary Vince Cable says Cameron must step down if Leave win

June 24, 2016

The former business secretary Vince Cable said that Prime Minister David Cameron would have to step down if Britain votes to leave the European Union. He spoke as the first batch of results put Leave in the lead, ripping away the calm created by earlier polls which had pointed to Remain triumphing. Cable told the BBC: "It does look [...]
City of London plumps overwhelmingly for Remain in tight EU referendum

June 24, 2016

While few people live in London's business district, those who do voted overwhelmingly in favour of staying in the European Union. The City of London said 78.3 per cent of voters plumped for the Remain camp, meaning Leave garnered just 21.7 per cent in what's shaping up to be an increasingly tight race. Read more: Britain hurtles towards [...]
Newcastle votes Remain as it becomes first UK area to declare

June 24, 2016

Newcastle voted Remain today, also becoming the first mainland area to declare in yesterday's historic EU referendum. The total turnout of 129,072 resulted in Remain clinching a slim majority with 50.7 per cent of the vote, giving the Leave camp 49.3 per cent. Read more: Speedy Sunderland kicks off counting for today's vote The announcement came about half [...]
Gibraltar votes Remain as it takes crown for first completed count in the EU referendum

June 23, 2016

The small overseas territory of Gibraltar has voted to stay in the European Union, becoming the first area to declare as part of today's historic referendum. The Remain camp garnered an overwhelming 95.9 per cent of the vote, while Leave had just 4.1 per cent. Read more: Speedy Sunderland kicks off counting for today's vote It was also the first area to [...]
Pollster TNS says more Leave voters defected to Remain than vice versa

June 23, 2016

More Leave voters defected to Remain than vice versa, driven by concerns about risk and uncertainty, as well as arguments around the economy. Pollster TNS' analysis added few of those that intended to vote Remain switched to Leave. Of those who did, immigration and having a strong British identity were the main drivers. Its results [...]
EU referendum turnout:

June 23, 2016

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Burnham would ‘probably’ have won by-election, says Powell

UK Sport: We invest £32m in winter sports because Britain cares deeply

Ministry of Sound: ‘industry is on the up’ as it reveals brand new take on The Box

By: Jessica Morris

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