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Economics News Producer — BBC
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Economics News Producer working for a large broadcasting corporation in Central London

Mark Carney warns of complacency in financial markets — Complacency is threatening the stability of financial markets, the Bank of England governor has warned. Mark Carney said that in the search for returns on their money, investors were pushing up the price of assets and taking excessive risks. Speaking at a conference in Wales, he said that the situation increased the risk of a "sharp reversal" in asset prices.

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Puppet Labs raises $40M, plans more hires — IT automation software maker Puppet Labs has raised $40 million from existing investors in what executives hope will be the fast growing company's last fundraising round. Just last year, the company raised $30 million through a strategic investment from VMware. Since 2009, the company has raised $86 million in total venture capital.

Shale gas pioneer plans world’s first offshore wells in Irish Sea — The founder of shale gas firm Cuadrilla is planning a venture to frack in the Irish Sea, the BBC has learned. Dr Chris Cornelius believes there are large volumes of offshore shale gas that could be extracted. If successful, it would be the first such project in the world.

Banks warned about exchange rate dangers in 2009 — Banks knew of unusual currency trading at a key period during the trading day four years before regulators began investigating manipulation of the so-called "London fix". The 'London Fix' is an important rate set by counting currency trades over a one-minute period at 4pm.

Jobless young Italians face life on the black market — Finding a job in Italy is hard enough, but it's only part of the battle. Many, especially the young, can find work only "on the black" - employed in the shadow economy, without a contract or the rights that go with it. But after years stuck in this trap, Stella Sermoneta has had enough.

The older workers who keep going — As his 80th birthday approached, Bob Hooker decided to slow down a little. Instead of eight hours a day of painting and decorating, he asked his son and business partner if he could cut down a little - to just seven hours a day.

Bank of England rate policy 'risks higher inflation' — The Bank of England's expected new policy of forward guidance risks increasing inflation, a leading expert has warned. Forward guidance is expected to see the Bank pledge to keep interest rates low for an extended period of time. New governor Mark Carney is expected to announce policy details in August.
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Oct 23, 2014

RT @TimHarford: The awkward secret behind Google's self-driving cars - and why real-world versions may not happen for decades

Oct 22, 2014

RT @electionista: UK - @IpsosMORI poll: support for staying in the EU is at its highest since 1991:

Oct 22, 2014

@technicalfault I assume Manchester remains nuclear free to this day, though

Oct 22, 2014

@technicalfault I was making a film about the Jim O'Neill/City Growth Commission report with @peston for tonight's news

Oct 22, 2014

On Manchester Town Hall, a souvenir of local autonomy 1980s style

Oct 15, 2014

RT @Peston: Signs of softening in labour market, including rise in economically inactive people, so Bank of Eng likely to delay interest-rate rise

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