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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SSE sells stake in its Scottish Clyde wind farm

March 14, 2016

Energy giant SSE has sold a stake in its Clyde wind farm to Aim-listed Greencoat UK Wind and a pensions partnership for £355m. UKW will acquire 28.2 per cent of Clyde and GLIL will acquire 21.7 per cent in the deal which is expected to complete on complete on 18 March. SSE will continue to hold 50.1 per cent. One the [...]
Spire Healthcare chief executive Rob Roger to step down in June

March 14, 2016

Spire Healthcare has announced that it's chief executive Rob Roger will step down this year to to take the helm of a large privately financed property business. Roger played an integral part in the formation of Spire in 2007, subsequently becoming chief financial officer and then chief executive officer from 2011. "He has overseen the significant growth of the [...]
Labour shadow chancellor John McDonnell declares end to tax-and-spend in bid to pursue “mainstream with commonsense policies”

March 12, 2016

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Budget 2016: Chancellor George Osborne to kick start £16bn B&B sell-off

March 12, 2016

Chancellor George Osborne is gearing up to kick start a £16bn sale of bailed-out banking group Bradford and Bingley (B&B) loans in next week's Budget. Osborne decided to include the projected sale of the mortgage lender on Wednesday, following weeks of discussions with Treasury officials. The timing of the auction is unclear, and it may not conclude for months, giving investor's appetites [...]
Chinese steel production posts weak start to the year

March 12, 2016

Chinese steel production got off to a disappointing start this year, as the industrial commodity continued to be hampered by a chronic oversupply. Steel output in January and February continued to fall, shedding 5.7 per cent year-on-year to 121.1m tonnes, data from China's statistics bureau showed today. This helped prompt a further 10.4 per cent drop in the output of coking [...]
Budget 2016: Chancellor George Osborne to announce UK will test driverless cars on motorways from next year

March 12, 2016

Driverless cars could transverse the UK's motorways for the first time in 2017, bringing Britain a step closer to its goal of having autonomous cars fully operational by 2020. Chancellor George Osborne is expected to announce plans in next week's Budget to test vehicles on motorways and say the government will bring forward proposals to remove regulatory [...]
Campaign for Better Transport

March 12, 2016

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Remortgaging activity: Homeowners slow to switch from standard variable rate mortgages to fixed rate mortgages

March 12, 2016

Homeowners are failing to lock into low repayment rates by switching from a standard variable rate mortgage to a fixed rate mortgage, research by high street bank Halifax has shown. Although housing transactions in 2014 exceeded the one million mark for a second consecutive year, and fixed rates continue to fall below the standard variable rate, remortgaging activity remains subdued, it [...]
EDF reiterates “confidence” Hinkley Point C nuclear power plant will go-ahead despite funding concerns

March 12, 2016

French utility giant EDF has reiterated its confidence that the Hinkley Point C nuclear power plant in Somerset will go ahead, despite mounting concern over whether it can afford its share of the £18bn project. EDF's chairman and chief executive Jean-Bernard Levy was forced to defend Hinkley after the company's finance director Thomas Piquema resigned over fears about the whether EDF's already stretched balance sheet [...]
Brent crude and WTI: Oil prices set for third weekly gain as IEA sparks optimism

March 11, 2016

Oil prices were heading for their third weekly gain today, after a top energy organisation said the worst could be over for the black stuff. Brent crude, the global benchmark, rose 1.1 per cent to $40.5 per barrel in late afternoon trading. Meanwhile, West Texas Intermediate crude, the US benchmark, added 1.4 per cent to $38.37. It comes [...]

London local elections 2026: Who will win in Bromley?

Lewis Moody seeking sponsors for 500-mile ride in aid of MND

Is the romance boom a recession indicator? From Mills & Boon to BookTok

By: Jessica Morris

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