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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Security flaw leaves Halifax and Bank of Scotland customers exposed to fraud

October 15, 2015

A security flaw could have left Halifax and Bank of Scotland customers exposed to online fraud, as customers’ account activities were left visible to anyone for as long as six years. No password was necessary to access personal account details, meaning that cyber crooks could have accessed accounts without needing to hack. It appears the breach [...]
China’s economic slowdown will hit London’s property market hard

October 15, 2015

Despite the Chinese government’s market engineering over the last few months, there have been further signs that the Chinese economy is undergoing a significant cooling. As Chinese inflation and purchasing power continue to drag, analysts now worry that the rate of growth is far below the government’s prediction, in the range of 5.5 to six [...]
Unilever share price jumps as it smashes expectations boosted by emerging markets

October 15, 2015

The figures Consumer goods giant Unilever soared past forecasts with its third quarter results, reporting underlying sales growth of 5.7 per cent, against expectations of four per cent. The British-Dutch firm reported an overall turnover of £9.9bn, up by 9.4 per cent, helped along further by currency tailwinds boosting this figure by 2.9 per cent. Unilever’s [...]
London’s skyscrapers have the highest rental growth in the world as low vacancy rates push commercial rates sky-high

October 15, 2015

London’s skyscrapers are reaching for the sky in more ways than one, after it turned out the capital’s high rises have the highest rental growth in the world. Skyrocketing demand for office space in the UK capital is pushing commercial rents up, up, up: estate agent Knight Frank found in its Global Cities Report that [...]
Burberry share price down as retailer needs “accelerated actions” to keep profits steady against Chinese slowdown

October 15, 2015

Burberry shares fell 11 per cent in morning trading as the company warned of deeper and quicker costs to keep profits on track, against falling demand in China and Hong Kong. The figures Overall, Burberry’s retail sales ticked up by two per cent, despite what the company is calling an “increasingly difficult” environment for luxury, to [...]
Apple faces £595m patent bill after losing lawsuit over microchip used in iPhone 5S, 6, 6S and iPad

October 14, 2015

It looks like Apple has borrowed its microchip design from a university. The University of Wisconsin-Madison just successfully sued the tech giant over a chip patent that it developed in 1998, and Apple has been using in devices like the popular iPhone 6 without permission. Apple now faces a £595m patent bill after losing the [...]
Crowd2Fund launches Exchange, a secondary market for trading crowdfunding investments

October 14, 2015

City investors are getting an exchange to trade crowdfunded investments, as a crowdfunding marketplace launches today. Crowdfunding platform Crowd2Fund is opening “The Exchange”, where investors will be able to sell off debt and equity investments and access their capital. It'll join the likes of InvestDen, which has also opened a secondary market for investments made [...]
How to make smarter crowdfunding investments? Crowdrating wants to solve that puzzle

October 14, 2015

Crowdfunding is booming. But for investors, choosing where to place your money can feel like a minefield. A so-called agency is launching today, with the aim of helping investors make decisions hopes to change that, by giving all crowdfunding campaigns a rating of “gold”, “silver” or “bronze”. Crowdfunding campaigns grew by a staggering 420 per [...]
Bitreserve rebrands as Uphold and connects cryptocurrencies like bitcoin with credit cards and bank transfers

October 14, 2015

Bitreserve has just launched anew after a massive overhaul which has the platform transformed into Uphold, where customers can fund their accounts via not just bitcoin but also credit cards or bank transfers. The newly launched service marks an integration of cryptocurrencies with legacy financial systems. Before, the cloud-based money platform could only be funded with [...]
UK businesses hit record high – with small and medium-sized businesses playing a bigger part

October 14, 2015

The number of businesses in the UK has hit a new record high, as government figures published today put the number of private sector firms at 5.4m. Breaking this down by business size reveals that small and medium-sized businesses account for almost half of generated turnover – and three fifths of all people employed. Small businesses, [...]

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By: Clara Guibourg

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