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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SME Construction data casts doubt on UK ability to hit 1.5 million homes

July 29, 2025

The number of struggling construction firms has risen further despite heavy pressure on the sector to deliver hundreds of thousands of new homes. The number of firms in critical distress – a measure of firms nearing bankruptcy – rose 15.8 per cent in the second quarter of 2025, according to Begbies Traynor, while the number [...]
Dearth of international super-prime buyers opens market up for young Brits

July 29, 2025

The non-dom exodus and a dearth of super-prime buyers has pushed the price of London’s super-prime property down, shifting the buyer profile to younger domestic buyers. Prices are at a 10-year low, nominally below where they were even in 2014. ““Prices across the capital’s prime markets are offering significant value… Those taking advantage [of this] [...]
Water firm Anglian to pay out £68m after breach of regulations

July 29, 2025

Anglian Water is set to pay a £68.2m ‘redress package’ to improve the quality of its waste management after an investigation by the UK’s water watchdog found it had breached regulations. Ofwat found that Anglian Water had “fail[ed] to operate and maintain its wastewater assets adequately”, and that it was “systemically breaching” its duty to [...]
Astrazeneca: Demand for cancer drugs boosts pharmaceutical giant

July 29, 2025

Astrazeneca has revealed a jump in revenue from cancer drugs amid rumours its boos is eyeing a listing across the pond. Total revenue rose 11 per cent to $28bn (£12.98bn) in the first half of the year, driven by double-digit growth in Oncology and BioPharmaceuticals, the company told markets this morning. Revenue from oncology products [...]
Soaring stamp duty costs dampen house price growth

July 29, 2025

Housing market activity has surged but price growth has slowed as high costs bite into buyers’ budgets. Buyer demand rose 11 per cent and agreed sales rose eight per cent year on year but house prices grew by just 1.3 per cent, according to Zoopla’s latest house price index. Higher stamp duty costs now impact [...]
Aldi tops up wages for staff: ‘Our people are the driving force of our success’

July 29, 2025

Aldi has announced a top-up to its staff wages, retaining its crown as the UK’s highest-paying supermarket. The new minimum rate of pay, which increases to £14.33 within the M25, will take effect from 1 September this year. It further exceeds the Real Living Wage of £12.60 an hour that was set by the Living [...]
Price of fresh food pushes up Brits’ supermarket bills

July 29, 2025

Higher wholesale prices for meat and tea have pushed up grocery prices at UK supermarkets, with warnings of more inflation ahead. Food inflation increased to four per cent year-on-year in July, against growth of 3.7 per cent in June and above the three-month average of 3.5 per cent. Fresh food rose in price by 3.2 [...]
UK cider set to benefit from sweetest apple crop ‘in recent memory’

July 29, 2025

Multiple heatwaves in the UK have boosted expected yields from the UK’s orchards, with this year’s cider crop to be bigger and better than in recent years. The UK’s driest and hottest spring for over a century has concentrated the sugar content of apples, making them smaller but sweeter. “Last year was a perfect storm [...]
Everyman: Shares in luxury cinema rise after revenue spikes

July 28, 2025

Shares in Everyman spiked nearly five per cent morning after the upmarket cinema group reported double digit profit growth. The chain, which has 48 venues across the UK, told markets this morning that revenue in the first half of 2025 rose 21 per cent to £56.5m. Earnings before interest, tax, depreciation and amortization (EBITDA) rose [...]
Consumer confidence dips in July ahead of possible autumn tax rises

July 25, 2025

Brits’ confidence ticked down in July despite sunny weather, with caution building ahead of possible tax rises in the government’s autumn Budget. Sentiment dipped by one point to -19 in July, according to GfK’s Consumer Confidence Index. The measure for the general economic situation of the country during the last 12 months fell one point [...]

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London Sports Festival Returns to the Capital

By: Amber Murray

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