By: Amber Murray

Retail Reporter Amber Murray is a reporter at City A.M., covering retail, luxury and property stores. Prior to City A.M., she worked as a sub-editor for Fastmarkets and completed a Masters in Financial Journalism at City University. Please get in touch with stories/tips/coffees at amber.murray@cityam.com

All 1422 Articles

Barratt Developments to partner with Lloyds and Homes England on housing project

September 9, 2024

Barratt Developments has announced a joint venture with Homes England and Lloyds Bank to build thousands of new homes across the country. The partnership will bring together Barratt, one of the UK’s leading housebuilders, Homes England, the government body responsible for housebuilding and regeneration in England, and Lloyds Banking Group, one of the largest funders [...]
Inpost’s rapid expansion set to continue as more Brits switch to postal lockers

September 6, 2024

Polish firm Inpost launched in the UK in 2013 with 100 lockers. Earlier this year, it celebrated its 7,000th locker. Inpost works by operating a set of lockers across a country, which work with the country’s postal service to deliver parcels to and from the lockers. Customers can then pick up or drop off the [...]
Darktrace boss Poppy Gustafsson to depart after private equity takeover

September 6, 2024

One of London’s most well-known tech bosses Poppy Gustafsson is set to depart the British cybersecurity firm Darktrace after its takeover by US private equity firm Thoma Bravo. Gustafsson, who co-founded the firm in 2013 with backing from the late billionaire Mike Lynch, will be replaced by the company’s chief operating officer Jil Popelka, she [...]
UK house prices: ‘Only the Autumn Budget could derail this train’

September 6, 2024

UK house prices grew at their fastest annual rate since November 2022, although analysts have already started to warn about the effects of a potentially bruising Autumn budget. Prices rose by 4.3 per cent year on year and 0.3 per cent month on month, taking the price of the average property in the UK to £292,505, [...]
Berkeley: On track but government housing plans require a ‘change of attitude’

September 6, 2024

Housebuilder Berkeley is on track to deliver £525m of pre-tax profit for the full year, according to an update from the firm this morning. The business, which is based in Cobham, England, said 90 per cent of this profit has already been secured through exchanged sales contracts. Berkeley also said it is “fully committed” to [...]
How Asos’ post-pandemic debt led it to sell Topshop

September 5, 2024

Three years after buying the British high street brands Topshop and Topman from Phillip Green’s collapsed Arcadia empire, Asos has said it will sell 75 per cent of its stake in the brands to a joint venture with Heartland. Asos bought the brands at a buoyant time for the company when its stock was near [...]
International Public Partnerships rides high on ‘strong’ outlook for infrastructure

September 5, 2024

Infrastructure investment company International Public Partnerships has continued to boost its portfolio with four new investments and has argued that the market considers its share price “materially undervalued.” The FTSE-250 firm hiked its dividend growth target by three per cent to 8.37p per share in the six months ended 30 June, and declared a fully [...]
Safestay: ‘Strong progress’ as hostel group boosted by Gen Z travel

September 5, 2024

Premium hostel group Safestay have significantly shrunk their pre-tax loss as they undergo a gradual post-pandemic recovery supported by investment in new sites and demand from younger travellers. The AIM-listed company reported revenue of £10.7m in the six months ended 30 June 2024, up by 6.6 per cent from £10m in 2023. It reported earnings [...]
Vistry ‘significantly outperforms’ housing market

September 5, 2024

British housebuilder Vistry has reported a rise in revenue and said it is on track to build close to 20,000 homes this year, bucking the trend in a struggling industry. Revenue rose by 11 per cent to £1.97m in the half-year ended 30 June 2024, while operating profit rose 10 per cent to £227.3m. Profit before [...]
Asos sells Topshop and Topman into new joint venture with Heartland

September 5, 2024

Online clothing retailer Asos has launched a joint venture with Heartland, whereby Heartland will buy the Topshop and Topman brands from the firm. Asos bought the two brands, along with Topman, Miss Selfridge and HIIT, in 2021 from Philip Green’s collapsed Arcadia group for £265m (excluding stock). The joint venture will grant Asos “certain design [...]

Why 2026 is the year sport needs to confront the man vs machine question

IMG’s three sports sponsorship trends to watch in 2026

The best new films to catch in 2026, from Toy Story to Peaky Blinders

By: Amber Murray

All 1422 Articles

Subscribe