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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Next share price slumps on gloomy prediction for UK economy

September 18, 2025

Next shares sunk on Thursday morning after the retailer issued a stark warning that the UK faces ‘anaemic’ growth due to a combination of technological and regulatory changes. Despite reporting a 10 per cent rise in half-year sales, the FTSE100 company flagged “strong evidence” of a material squeeze on wider UK employment levels due to [...]
Will Shu quits as Deliveroo CEO after denying he planned to leave

September 18, 2025

The CEO of Deliveroo, Will Shu, has announced his decision to step down from the company he co-founded in 2013, just months after the company denied he had any plans to leave. In February, after growing speculation Shu was preparing to exit the tech business later in the year, Deliveroo issued a statement in which [...]
Autumn budget and inflation worries drag down consumer confidence

September 18, 2025

Consumer confidence slumped in September as concerns about the state of the UK economy and the possibility of higher taxes weighed on Brits’ minds. Expectations of the state of the overall economy worsened to -36 in September, down from -32 in August, according to the British Retail Consortium. Brits’ personal financial situations also slipped to [...]
Health-conscious Brits lead Dash Water to record-breaking summer

September 18, 2025

Health-conscious Brits are expected to have helped sales surge by almost half at soft drink brand Dash Water thanks to a record summer. The business, which is based in London, has revealed its revenue is forecast to jump by 45 per cent in 2025 to £42m. The business, which is based in London and was [...]
Ben & Jerry’s co-founder quits after being ‘silenced’ by Unilever

September 17, 2025

Ben & Jerry’s co-founder Jerry Greenfield has quit the company on social activism grounds as he claims the ice cream brand has been ‘silenced’ by its parent firm. In a statement co-founder Ben Cohen shared on X, Greenfield said he was “profoundly disappointed” to “come to the conclusion that [the brand’s] independence, the very basis [...]
Stanhope and Cheyne buy ‘landmark’ South Bank office development

September 17, 2025

Asset manager Stanhope and fund manager Cheyne have bought a ‘landmark’ office development on London’s South Bank with a gross development value of £450m. Construction on the already-demolished Row One site, which totals 250,000sq ft, is expected to start as soon as next year and be completed in 2028. Joe Binns, head of investment at Stanhope, called the acquisition [...]
Housing market ‘demonstrating remarkable resilience’ ahead of Autumn Budget

September 17, 2025

House prices ticked up in July as Brits still showed a ‘good appetite’ for home ownership despite affordability challenges and uncertainty ahead of the Autumn Budget. Average house prices increased 2.7 per cent to £292,000 in England, two per cent to £209,000 in Wales, and 3.3 per cent to £192,000 in Scotland in the 12 [...]
Britain faces ‘looming’ crisis without spending cut, says Mel Stride-backed report

September 15, 2025

Britain faces a looming fiscal crisis without reigning in spending and boosting the competitiveness of the City, according to a new report. With annual per capita growth stagnating and public spending ballooning, the government needs to bring growth back to the economy and boost living standards, according to the Centre for Policy Studies (CPS) report [...]
Government warned that London housebuilding is on the edge of collapse

September 15, 2025

Housing delivery in the capital is in a major crisis and urgent measures must be taken to prevent collapse, according to a new report. Lack of buyer support, as well as excessive bureaucracy and significant planning delays, are “strangling” attempted to deliver desperately-needed new homes, a Home Builders Federation report has found. Neil Jefferson, Chief [...]
Sainsbury’s terminates discussions with Chinese retail giant over Argos sale

September 14, 2025

Sainsbury’s has terminated discussions with Chinese retail giant JD.com over the sale of Argos only a day after rumors of the deal came to light. The UK grocer said that the proposed deal with JD.com was “not in the best interests of Sainsbury’s” and has subsequently ended discussions, it said on September 14. “JD.com has [...]

Employment Rights Act set to stall hiring, says report

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By: Amber Murray

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