By: Shruti Tripathi

I am City A.M.'s news editor. I love interviewing entrepreneurs, carrying out investigations through freedom of information requests and covering all the latest goings on in the world's great city, London. I started my career as an intern at LondonLovesBusiness.com in 2011 and became editor in 2015. I joined City A.M. as deputy night editor in July 2016.

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EU referendum: Economic scare stories are getting dangerous

June 20, 2016

With just days to go until the country votes, and after a pause following the tragic and appalling events of last week, referendum campaigning has resumed. The Remain camp has been gaining ground, but its lead is not comfortable enough for David Cameron to sleep easily. Warnings about the potential impact of Brexit on the economy [...]
Nigeria finally drops dollar peg but will this revive the country’s fortunes?

June 20, 2016

After several decades, Nigeria has finally abandoned its currency peg to the US dollar. Hampered by low global oil prices, the African economy has lost some lustre. But will a devaluation be enough to turn its fortunes around? The Central Bank of Nigeria’s decision to allow the naira to float freely has been welcomed by [...]
Hold on to your hats: Markets brace for referendum turmoil

June 20, 2016

Financial markets are braced for one of the most volatile weeks of trading since the height of the financial crisis in 2008. As referendum campaigning resumes following its suspension after the horrific murder of MP Jo Cox last Thursday, analysts said this week could unleash “chaos” on already volatile stock markets. Ranko Berich, head of analysis [...]
City Moves for 17 June 2016 | Who’s switching jobs

June 17, 2016

PwC Andrew Kail has been appointed as leader of PwC’s UK financial services practice, succeeding Kevin Burrowes who is joining PwC’s executive board as head of clients & markets. Andrew has over 25 years of experience with PwC, having operated in a variety of financial services roles, most recently as head of the FS Assurance [...]
Revlon set to buy Elizabeth Arden in $870m deal

June 16, 2016

Cosmetics maker Revlon is set to snap up perfume maker Elizabeth Arden for a whopping $870m (£610m). Elizabeth Arden shares jumped nearly 49 per cent to $13.85 in extended trading on Thursday after the news of the deal broke while Revlon shares rose slightly to $31.30. The deal has an equity value of $419m, based on Elizabeth Arden's total outstanding [...]
Jo Cox’s brutal killing is an attack on democracy

June 16, 2016

There are many things that we take for granted in Britain. We had cause to reflect on this after the Orlando massacre, as we took some comfort from the fact that such atrocities are mercifully rare in this country. Today, after the senseless and shocking murder of Labour MP Jo Cox, we should pause once [...]
Fastjet hits out at Stelios Haji-Ioannou for attacking chairman

June 16, 2016

Fastjet has hit out at Sir Stelios Haji-Ioannou, the co-founder and second-biggest shareholder in the African airline, for calling on investors to oust its chairman. Child became chairman of the Tanzania-based airline in September last year. Haji-Ioannou condemned Child for taking a lot of time to appoint a new CEO after Ed Winter quit on January. Nico Bezuidenhout, who [...]
Barclays brands financier Amanda Staveley’s $1bn claim as “misconceived”

June 16, 2016

Barclays has branded a lawsuit brought by Amanda Staveley, a financier who helped the bank avoid a taxpayer bailout in 2008, as "fundamentally misconceived". In a 44-page court document filed by the bank, Barclays denied allegations made by Staveley's firm PCP Capital Partners over a fundraising that took place amid 2008's financial crisis. At the time, Stavely's firm was advising Abu Dhabi’s Sheikh Mansour bin Zayed [...]
John Lewis aims to capture Modern Rarity with luxury designer brand

June 16, 2016

John Lewis has created its first ever luxury womenswear label in a bid to offer its customers “fewer, better pieces”. Called “Modern Rarity”, the label aims to position wardrobe staples like trousers, sweaters, coats and bags as unique pieces. Every season, the label will take a “fresh look” at women’s clothing trends and will create [...]
City Moves for 16 June 2016 | Who’s switching jobs

June 16, 2016

Industry Barbican-based global brand consultancy Industry has appointed Nada El Barshoumi as lead brand consultant for the Middle East and North Africa Region. Prior to joining Industry, Nada was a partner at Bahrain-based PR and design agency Obai & Hill, where she was employed for more than three years. She has worked with a wide [...]

‘Drastic’ Dave to serve up new vision for Guinness maker Diageo

Six Nations in-game ads pave way for football to be split into quarters

London Sports Festival Returns to the Capital

By: Shruti Tripathi

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