Octopus CMO Rebecca Dibb-Simkin: I was warned against joining an energy startup Opinion Octopus CMO Rebecca Dibb-Simkin takes us through her career, from being warned off energy startups to her love of Greggs chicken bakes.
Wizz Air pounced on by short sellers as Iran war knocks profits Markets Budget airline Wizz Air has been hit by a flurry of short-selling after it issued a profit warning over disruption caused by the Iran war, making it the UK’s most shorted company. The Hungarian airline, which is listed on the FTSE 250, had 9.59 per cent short interest last month but this has soared to [...]
Estate agency Foxtons says ‘government-driven’ costs harming bottom line Property Leading estate agency Foxtons has hit out at the “strain” caused by national insurance and minimum wage hikes as it contends with a “challenging” market. The firm said “government-driven” pressures are harming its bottom line, as revenue growth was “offset” by increased external costs. The Labour government is facing increasing pressure from business to address [...]
Greggs ‘working hard’ to stop investors betting against Britain’s most-shorted stock March 3, 2026 Battling to convince investors to stop shorting her bakery chain, Greggs boss Roisin Currie insisted “evolution” away from the steak bake purveyor’s key offering is the path to ever higher growth. But it is this rampant expansion which has spooked enough investors to bet against Greggs, making it the most shorted company in the UK, [...]
Greggs profit flakes as baker faces lukewarm start to year March 3, 2026 Profit at Greggs is flaking away as the chain bakery faces a lukewarm 2026, with sales slowing already this year. The chain’s underlying profit before tax fell nine per cent to £171.9m in the financial year to December 2025, though total sales were up seven per cent, the bakery’s preliminary results show. The baker is [...]
Greggs deals help Gerald Ronson’s forecourt business post £100m profit February 11, 2026 The petrol forecourt empire owned by City veteran Gerald Ronson has turned a profit just shy of £100m after an expansion in the firm’s partnership with Greggs. GMR Capital, the parent company behind forecourt firm Rontec, posted pre-tax profit of £98.4m for the year to end September 2025, a jump of 6 per cent compared [...]
FTSE 100 Live: Sainsbury’s and Unite dish shareholders cash; Mining merger talks January 9, 2026 Good morning and welcome back to the City AM liveblog. It was Britain’s retail sector taking centre stage yesterday amid a fresh influx of corporate updates that gave a snapshot of the industry’s December performance. Tesco came out swinging, revealing its market share had climbed to the highest in 10 years after a Christmas sales [...]
Greggs shares tumble as baker gets burnt by flaky economy January 8, 2026 Shares in Greggs took a tumble on Thursday morning after “disappointing” sales growth from a subdued economy left investors with little to cheer for. The chain’s total sales in the golden quarter rose 7.4 per cent as it opened 207 new shops in the last 12 months leading to a net gain of 121 new [...]
FTSE 100 Live: Supermarket shares fall in trolley wars; M&S rises amid cyber recovery January 8, 2026 Good morning and welcome back to the City AM liveblog. The FTSE 100’s rally came crashing down yesterday as steep losses across commodities dragged the index into the red. Whilst one shouldn’t fret too much with the index still holding firm above its latest milestone, Wednesday’s 0.7 per cent drop still wiped over 70 points [...]
Bake-off: Ex-WH Smith finance chief withdraws from Greggs role after audit blunder November 19, 2025 The former finance chief of WH Smith will no longer take up a position on the board of Greggs after a damning audit report into the travel retailer revealed inconsistent accounting practices during his stint as finance boss. In a statement to investors on Wednesday, the high-street bakery confirmed that Robert Moorhead, who stepped down [...]