Retailers press Healey to cut high street taxes at crunch Downing St meeting Retail Retailers urged John Healey to “reverse the damage” of rising high street taxes as the Chancellor met industry bosses on Tuesday. Top retailers including Tesco, Sainsbury’s and Marks & Spencer pressed Healey on business rates and youth unemployment but the Chancellor stopped short of confirming any Budget measures. Healey hosted high street bosses at Number [...]
Retail bosses ramp up pressure on Healey to cut ‘ridiculous’ tax burden Retail The bosses of Marks & Spencer and John Lewis have piled further pressure on the government to slash the “ridiculous” tax burden facing high street firms. Stuart Machin, chief executive of M&S, called on Chancellor John Healey to “restore hope” within the retail industry by turning a corner from Labour’s last two budgets, which he [...]
How to prevent the next Asos? Give businesses cybersecurity tax relief Opinion With Asos just the latest to be the victim of a cyber hack, it's time for the UK to start incentivising businesses to up their security.
Panini sales tumble after sticker maker loses Premier League licence September 10, 2026 Collectable stickers maker Panini has seen its sales tumble in the UK following the loss of a major Premier League licence. The Italian company’s UK subsidiary recorded a more than 20 per cent drop in turnover to £43.3m in 2025, according to accounts seen by City AM. The 65-year-old firm, which has had a partnership [...]
Tesco and Boots lead 100,000 jobs pledge to tackle Neets crisis September 8, 2026 Tesco, Boots and dozens of other retailers have pledged to create 100,000 new jobs in a bid to tackle the youth unemployment crisis, which they say is trapping young people in a “doom loop”. A group of top high street firms – which also includes Asda, John Lewis and Marks & Spencer – have joined [...]
As it happened: FTSE 100 jumps in best streak since May; Vistry, Melrose lead risers August 25, 2026 Welcome back to the City AM FTSE 100 liveblog. The blue-chip index jumped on Tuesday to extend its best winning streak since May. Melrose Industries led the FTSE 100 after the completion of a probe into a chemical incident in California, while Vistry gained 18 per cent on the FTSE 250 after winning cash in [...]
Ocado lets Marks & Spencer off hook in £190m payout dispute July 28, 2026 Ocado has quietly let Marks & Spencer off the hook in a long-running £190m dispute over its home delivery joint venture. FTSE-250 Ocado has dropped its pursuit of the payout from M&S, which it believed it was owed as part of the business they run together, City AM understands. The two companies took a 50-50 [...]
Why chilled red wine is the coolest thing to drink right now July 13, 2026 Rosé is a safe summer bet, but the coolest thing to be drinking right now, in more ways than one, is a chilled red. There was an inkling that this was going to be a thing last summer, but now that chilly glass of rouge has its feet well and truly under the table. I [...]
JD Sports becomes latest blue-chip to trade on New York market June 24, 2026 JD Sports has become the latest blue-chip firm to trade its shares onto a New York market in an attempt to boost its appeal to American investors without having to shift its listing to the US. On Wednesday, the retail giant will begin trading on OTC Markets’ over-the-counter market in America, City AM can reveal, [...]
The Debate: Should CEOs be held personally accountable for cyberattacks? June 3, 2026 Is bad management to blame for cyberattacks? And even if not, should bosses be held accountable? We hear the case for both sides.