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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Top retail boss warns UK heading into recession

September 24, 2025

The boss of AO World has warned that inflation, new red tape around hiring and higher taxes are quickly pushing the UK into a recession. “We’ve lived through a few recessions in the last 25 years – I think we’re heading into another one,” founder and CEO of AO World, John Roberts, told the BBC. [...]
Generation ‘locked out of home ownership’ in UK housing crisis

September 24, 2025

The ‘stark’ affordability crisis facing Britain’s would-be homeowners is locking a generation out of the market, according to a new report. The research – created by Skipton Building Society in partnership with Oxford Economics – finds 98 per cent of adults living with their parents cannot afford to buy a house in their local area. [...]
Shares in B&Q owner Kingfisher unexpectedly spike after sales boost

September 23, 2025

Kingfisher, the parent company of B&Q and Screwfix, saw its share price rise more than 17 per cent on Tuesday morning after posting a better-than-expected sales update. The FTSE 100 firm told markets that sales improved 0.9 per cent in the six months ended 31 July, 2025, to £6.8bn, driven by a 4.4 per cent [...]
Autumn tax hikes would lead to inflation over five per cent ‘well into next year’

September 23, 2025

Food inflation will rise and remain above five per cent well into 2026 if the retail industry is hit by further tax rises at the Autumn Budget, a leading lobby group has warned. The British Retail Consortium (BRC) said that the government risks ‘losing the battle’ against inflation if business rates on large shops rise [...]
Tate & Lyle share price drops after Morgan Stanley downgrade

September 22, 2025

Tate & Lyle’s share price dropped more than six per cent on Monday morning after Morgan Stanley changed its rating for the sugar giant. The broker cut the stock to “underweight” from “equal weight”, with a 500p price target. It cited higher risk to Tate & Lyle’s mid-term targets after Tyson Foods said it would [...]
Young Brits have become an unlikely driving force for Buzz Bingo

September 22, 2025

Over half of Buzz Bingo’s new members in the last year have been under 35. It’s a remarkable statistic for a game generally portrayed as the home of older generations; one memorable Simpsons episode features a 4pm nap time for its group of elderly players. But that’s no longer reflective of the game in 2025: [...]
Starmer’s new towns plans blasted for ‘lacking vision’

September 20, 2025

The Lords’ Built Environment Committee has criticised the government’s current vision for new towns, calling for a clearer and more community-focused strategy. Prime Minister Sir Keir Starmer plans to build up to 12 new towns across the UK, with each settlement having the potential for at least 10,000 homes. Work on the towns is expected [...]
Warm weather bolsters retail sales ahead of all-important golden quarter

September 19, 2025

Retail sales were bolstered by good weather and rising real incomes this summer, but the struggling sector is looking ahead to the festive season for a bigger boost. Sales fell by 0.1 per cent in the three months to August 2025 when compared with the three months to May 2025, according to the Office for [...]
Consumer confidence drops ahead of Budget

September 19, 2025

Brits’ confidence has fallen as nerves grow over the possibility tax rises in the upcoming November Budget. GfK’s Consumer Confidence Index decreased by two points to -19 in September, with all measures down in comparison to last month. “There’s an autumnal chill in the air this month,” Neil Bellamy said. “With tax rises expected in [...]
Housing in London now classed as unaffordable at every income level

September 18, 2025

London housing has been officially classed as unaffordable for every income decile in a ‘pretty grim’ picture of the housing market. New data from the Office for National Statistics (ONS) shows that the average English home costs 7.9 times the average salary. If you live in London, conditions are far worse: Someone earning an average [...]

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Horse racing came together to fight tax hikes. Now it must unite again

Spirit of Speyside Whisky Festival to drive millions into Scotch sector

By: Amber Murray

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