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

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Heineken shares drop on near-£750m China impairment charge

July 29, 2024

Heineken has taken a €874m (737m) impairment charge on its investment in China’s largest brewer, leading it into the red and causing shares to drop by seven per cent in early trades. The impairment charge led to a first-half net loss of €95m (£80m) for the brewer, down from profit of €1.1bn (£930m) in the [...]
Reckitt Benckiser: Dettol producer shares plunge on baby formula fears

July 29, 2024

Shares in Reckitt Benckiser plunged nearly 10 per cent after a US jury found Abbott Laboratories failed to warn consumers about the health risks of its product.
A sweet deal: Pricey central London pad once owned by Lord Sugar goes up for sale

July 27, 2024

The lavish London pad once owned by star of The Apprentice star Lord Sugar is up for sale, but it will set you back quite a lot. The property – on the corner of Old Park Lane and Piccadilly – comes with a price tag of £26m, after having recently-been refurbished. It spans more than [...]
John Lewis gets approval to build hundreds of homes in London

July 26, 2024

Bromley council has greenlit a scheme to build more than 350 rental homes in partnership with John Lewis on a brownfield site in the area.
New six-floor £13.5m women’s health centre to open in Harley Street as Brits look for private NHS alternatives

July 26, 2024

A private healthcare firm will open a £13.5m six-floor women’s centre on Harley Street in autumn this year in another sign that the industry is booming in the UK. The 13,000 sq ft building will offer private GP services with doctors who specialise in women’s healthcare. It is the latest expansion for HCA Healthcare UK, [...]
Computacenter: Profit down by a third on ‘weak demand’ for UK tech

July 26, 2024

London-based tech company Computacenter announced a drop in profit before tax by a third for the first half of the year on weaker than expected demand in the UK industry. The £2.97bn firm, which helps businesses set up and manage their computer systems and software efficiently, expected its profit before tax for the half year ended 30 June [...]
Rightmove urges Reeves to keep stamp duty threshold for first-time buyers as it posts ‘solid but uninspiring’ results

July 26, 2024

Property giant Rightmove has called on the Government to retain the stamp duty threshold for first-time buyers, as it announced a solid but “uninspiring” set of results. Revenue at Rightmove rose by seven per cent to reach £192.1m, “as both agents and new homes developers renewed contracts, upgraded their packages and invested in additional products”, [...]
Kering suffers as luxury brands deliver mixed results

July 25, 2024

Luxury fashion conglomerate Kering announced a dramatic fall in net profit of 50 per cent in the first six months of 2024.
Young’s sees summer of sport boost business: We’re in “brilliant shape” says outgoing chairman

July 25, 2024

Young’s has announced a rise in revenue of 26 per cent since the start of the new financial year on the back of a boost from the UK’s summer of sport. The Euros and Wimbledon have dominated pubs’ TV screens and sent countless customers to bars and beer gardens to make the most of the [...]
Everyman: Media group sees revenue growth despite actors’ strike as more Brits head to luxury cinema

July 25, 2024

Everyman Media reported impressive growth in the first half of the year - despite fewer offerings due to the actors' strike - with customers still happy to splash out on the premium cinema.

Center Parcs: UK pension funds in talks for stake in holiday giant

Battle of the Sexes tennis: Billie Jean King says it’s just entertainment

The Italy holiday taking in amazing skiing and a lesser-visited city

By: Amber Murray

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