By: Lynsey Barber

I'm City A.M.'s award-winning technology editor, covering everything from happenings at Apple and Google to the latest London startup. In particular fintech, blockchain, artifical intelligence, driverless cars, virtual reality and the sharing economy get me out of bed in the morning. I'm always trying to illustrate stories with pictures of dogs. Sometimes with some success. I was named technology journalist of the year at the UK Tech Awards.

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European Banking Authority cracks down on British banker’s bonus cap “allowance” loophole

March 4, 2015

The European Union is ramping up pressure on the UK to comply with new laws on capping bonuses which could see London based banks reducing remuneration. Europe’s banking watchdog has issued long-awaited draft guidelines on remuneration which address a grey area allowing banks to circumvent the rules which cap bonuses at two times that of [...]
Plebgate: Andrew Mitchell to pay out £80k in libel damages to police officer

March 4, 2015

MP and former chief whip Andrew Mitchell will pay £80,000 in damages to the police officer at the centre of the "plebgate" row. PC Toby Rowland has accepted the libel damages to settle the legal case after the high court ruled last year that Mitchell had called Rowland a pleb while cycling past the officer [...]
Cold snaps cost the economy £2.5bn, says Cebr research on UK weather’s impact

March 4, 2015

Freezing temperatures are not just bad for your bones, but cost the UK billions of pounds in lost productivity and output having the most severe impact on the economy than any other type of weather. Just a single degree drop in the minimum average temperature costs the UK economy £2.5bn, and has a worse effect [...]
Tasty: Greggs is on a roll with 41pc profit jump

March 4, 2015

The figures Pre-tax profit at Greggs for the full year to the start of January jumped 41 per cent to £58.3m on sales of £804m, a rise of 5.5 per cent, as market conditions improved. The baker, which has 1,650 stores across the UK, said like-for-like store sales grew 4.5 per cent in comparison to [...]
ITV share price jumps on double-digit growth and £250m special dividend payout – but audiences continue falling

March 4, 2015

The figures ITV's shares shot up five per cent in early trading as revenue climbed eight per cent to £2.6bn in 2014 and adjusted pre-tax profit jumped 23 per cent to £712m. The UK's largest broadcaster will pay out a special dividend of £250m to shareholders, or 6.25 pence per share. That's in addition to a 3.3 [...]
Carillion picks up £1.5bn contract as order book grows

March 4, 2015

The figures Carillion's pre-tax profit jumped by 29 per cent in 2014 to £142.6m, on revenue of £4.1bn, which remained flat on the previous year. For the full year to the end of December, underlying pre-tax profit slipped slightly to £173m, down one per cent, taking into account "the planned reduction in the sale of equity [...]
London cab firm Addison Lee embarks on global expansion with New York launch

March 3, 2015

London cab firm Addison Lee is expanding its services to the hotly contested taxi battleground of New York. The expansion, its first outside London, will give the firm access to the second biggest cab market in the world after London's, which is worth an estimated £2.2bn. The private equity-owned firm said the expansion was spurred [...]
The five best quotes from Paddy Power’s results: Taylor Swift, HSBC, Chelsea and Liverpool

March 3, 2015

Stunt-loving bookie Paddy Power has a way with words that makes for a more interesting read than the usual corporate earnings. Not only did the bookie pay out a windfall €392m (£285m) to shareholders after it reported a record profit of €167m, it gave the City some light relief. Never afraid to put some laughs into its lowdown on [...]
Paddy Power share price jumps on €392m payout to shareholders after record profit

March 3, 2015

The figures Paddy Power is paying out – this time to shareholders – to the tune of €392m (£285m) after record pre-tax profit of €167m in 2014, up from €126.6m and a rise of 21 per cent. The cash of 800 cents per share will come from surplus cash and planned debt raising. The windfall sent shares surging nine per [...]
Barclays sets aside another £750m for forex probes as profits jump and costs fall

March 3, 2015

The figures Barclays' full-year adjusted pre-tax profits soared 12 per cent to £5.5bn, well ahead of the £5.3bn analysts expected for 2014. An additional £750m has been set aside for forex settlements, bringing the total to £1.25bn. Chief executive Anthony Jenkins said the bank expected to "make significant progress in this area" in 2015. A further £200m provision has also been made for [...]

TikTok no longer in limbo as it seals US deal

Drinking in stands hailed as success as more clubs join WSL pilot scheme

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

By: Lynsey Barber

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