By: Clara Guibourg

Clara Guibourg is an Online Writer at City A.M. She can be contacted at clara.guibourg@cityam.com. She is particularly passionate about women in business, technology and telecoms.

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Lloyds, HSBC, First Direct warn Apple Pay users: Storing other people’s fingerprints is like “giving out your pin”

November 3, 2015

Store your spouse’s fingerprint on your phone? You could be in for a nasty surprise. UK banks are warning customers against the practice, announcing that if you wish to use Apple Pay, you must delete other people’s prints. Lloyds’ customers are warned in the bank’s terms and conditions: If Touch ID is available on your [...]
Britain needs to up its R&D spend or we will get left behind in innovation race

November 3, 2015

The success of small and medium-sized businesses is vital to the UK’s economic success, and our ability to compete on the international stage. They make up 99 per cent of companies in the UK, yet they face a highly challenging environment in which to succeed. Even with the best will in the world, estimates show [...]
Forget clicks vs bricks: Amazon is opening its first physical bookshop Amazon Books today in Seattle

November 3, 2015

If you needed further proof that the distinction between clicks and bricks is a thing of the past, look no further. Strange as it may sound, Amazon is moving firmly into the physical world with Amazon Books. The online retail giant is opening its first real bookshop in Seattle today. Unlike the online marketplace, though, [...]
EU referendum: More than half of Londoners believe Brexit will boost house prices

November 3, 2015

On the fence about Britain’s EU membership? If you’re a London homeowner, this news may sway you. More than half of Londoners believe that leaving the EU will strengthen the value of their home. (No mean feat when the capital’s housing market is already the most overvalued in the world.) Across the nation, homeowners are [...]
Imperial Tobacco profits rise despite drooping cigarette sales

November 3, 2015

Cigarette sales are down for the FTSE-listed tobacco firm, despite an increase in growth for brands like Davidoff and Gauloises. The figures Imperial Tobacco reported full year profits of £3.05bn, up 2.4 per cent from £2.98bn last year. Net sales of tobacco are down 2.6 per cent to £6.25bn, but volume of the company’s “growth [...]
Standard Chartered looking to raise £3.3bn from investors

November 3, 2015

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Standard Chartered share price plummets on 15,000 job cuts as part of $5.1bn-plan to rebuild troubled bank

November 3, 2015

Standard Chartered is cutting 15,000 jobs as it looks to shore the business up after posting “disappointing” third quarter results this morning. The figures The Hong Kong bank reported revenues of $3.7bn for the quarter ending 30 September, down from $4.5bn for the same period last year. This fell short of the $4.1bn forecast by most [...]
Shire Pharmaceuticals agrees to buy Dyax in $5.9bn deal

November 2, 2015

Shire has been shopping. The FTSE-listed pharma giant has agreed to buy Dyax, a US biotech company, in a deal worth $5.9bn (£3.81bn). Funding the deal with a $5.6bn loan, Shire expects earnings to be “slightly” hurt by the takeover in the next two years, but come 2018 it’ll all be worth it as the [...]
Seedrs announces US launch following law change opening up to equity crowdfunding

November 2, 2015

Seedrs is going west to try its luck across the Atlantic. The UK crowdfunding platform just announced an upcoming beta launch in the US, following a law change on equity crowdfunding. The US Securities and Exchange Commission (SEC) voted on Friday to approve Title III of the Jobs Act, opening up equity crowdfunding to non-accredited [...]
Tech entrepreneurs to David Cameron: Welcome skilled immigrants to keep the UK a global tech hub

November 2, 2015

Over 230 entrepreneurs have urged Prime Minister David Cameron to welcome more immigrants in an open letter criticising restrictions on skilled migrants. The letter, organised by the Coalition for a Digital Economy and signed by the founders of Citymapper, Swiftkey and Unruly as well as Baroness Martha Lane Fox, founder of Lastminute.com, argued that the [...]

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Premiership run-in: Saints and Bath will impact top four

Here We Are, National Theatre, review: Stephen Sondheim musical is more Severance than sing-a-long

By: Clara Guibourg

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