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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UK Amazon workers lose union recognition fight by just 29 votes

July 17, 2024

It would have been the first time the company recognised a trade union in the UK. More than 3,000 staff took part in the vote.
King’s Speech: Labour to phase out leasehold system

July 17, 2024

Labour will ban the sale of leasehold flats and attempt to replace the system with commonhold, according to plans unveiled in the King's Speech today.
King’s Speech: From no-fault evictions to having a pet, here’s what Labour’s Renters’ Reform Bill will do

July 17, 2024

Labour’s Renters’ Reform Bill will introduce significant changes to rented housing in England and Wales, including on no-fault evictions and having a pet. Legislation will be introduced “to give greater rights and protections to people renting their homes”, including “ending no-fault evictions and reforming grounds for possession”, King Charles said. The bill started life under [...]
Adidas: Spain’s Euro 2024 sponsor raises guidance again as profit booms 45 per cent

July 17, 2024

Operating profits almost doubled in the second quarter of the year, from £147m to £346m, up by 45 per cent.
Cineworld in talks to axe a quarter of UK sites two years after debt crisis

July 16, 2024

Cineworld first ran into trouble in 2022, when a share price collapse in light of a debt crisis led it to de-list from the London Stock Exchange.
‘Green shoots all around’ for the UK venture capital scene but challenges remain

July 16, 2024

"We are seeing green shoots all around," principal at Atomico, Sarah Guemouri, said. "Despite a slow start to the year, we expect capital invested as a whole to exceed last year’s figures."
Green light from London council for £330m plan to build 1,250 homes

July 16, 2024

Aitch Group has been given the green light for a £330m investment in Belvedere park by a London council, to build 1,250 homes in Bexley. The east-London based property group will turn the industrial land into a series of apartment blocks with a hectare of green space. It’s good news for London’s property sector, which [...]
Ocado’s yo-yoing stock swings up again: Will critics ‘put away knives they’ve been sharpening’?

July 16, 2024

A strong set of results this morning sent Ocado’s stock up 18 per cent, a day after a downgrade from leading broker Bernstein sent it down 10 per cent yesterday. In its interim results for the 26 weeks to 2 June 2024, the company reported revenue of £1.5bn, up by 12.6 per cent year on [...]
Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit

July 16, 2024

The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.
Revenue at B&M continues to rise as Brits seek out bargains

July 16, 2024

B&M has reported another strong set of results for the first quarter, as the group has maintained its post-pandemic edge. Revenues at the bargain chain, which also owns Heron Foods, rose by 2.4 per cent to £1.3bn in the first quarter of the year. The group remained on track to open 45 gross new store [...]

Persimmon: Housebuilder posts profit as property market ‘recovers’

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

Aboard the Celebrity Cruises ship with Gwyneth Paltrow partnership

By: Amber Murray

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