Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Banking
      • FTSE 100 Live
      • Tech
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • Abu Dhabi Finance Week
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Hercules
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      From start-up to scale-up: shifting the focus to support for female entrepreneurs

      Sam Smith, the former chief executive of FinnCap

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Abramovich to fight UK Government over funds from £2.5bn Chelsea sale

      GettyImages 1398651316 featuring a business meeting with diverse professionals discussing financial strategies in a modern...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • New Openings
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Aboard the Celebrity Cruises ship with Gwyneth Paltrow partnership

      Breaking news headline with empty title and general category on a news website, highlighting the current events focus

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • City AM Events
  • Newsletters
  • Latest Paper
  • Sign In
  • Sign Out
  • My Account

Smeg

  • Reeves’ tax hikes ‘won’t bring inflation down anytime soon’, Smeg warns

    Retail

    The tax hikes introduced by Chancellor Rachel Reeves in last year’s Autumn Budget will mean it is “sometime” before inflation gets down to the government’s two per cent target, the UK arm of kitchenware brand Smeg has warned. The Abingdon-based division said the increase to employers’ National Insurance contributions, which came into effect in April, [...]

    Profit at the UK arm of Smeg doubled in 2024.
  • Top kitchen essentials from steam generator irons to air fryers

    Life&Style

    We’ve rounded up some of the best kitchen and home essentials that combine style, functionality, and efficiency. From powerful steam generator irons to versatile air fryers, sleek coffee machines, and innovative multi-functional gadgets, these top picks are designed to simplify your daily routine. Whether you’re tackling a pile of laundry, whipping up gourmet meals, or [...]

  • Smeg: Sales cool at kitchenware brand as high interest rates ‘stifle’ demand

    Retail

    The UK arm of kitchenware brand Smeg suffered lower than expected sales during its latest financial year after increasing interest rates ‘stifled demand’ for its products. The Abingdon-based division has reported a turnover of £65.2m for 2023, down from the £67.2m it posted for 2022. The new total is a step back from Smeg’s previously [...]

    The wider Smeg group is headquartered in Italy.

Trending Articles

  • Rolls-Royce shares slide as FTSE 100 plunges amid Iran war

  • FTSE 100 Live: US stocks sink on open; Iran warns oil price could hit $200

  • Will the Bank of England raise interest rates amid Iran war energy crisis?

  • Formula 1 plans peace talks with raging drivers after Verstappen Mario Kart jibe

  • Global markets warned of ‘biggest energy crisis’ in modern history after oil surge

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited