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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‘Extraordinary’ Roman Basilica uncovered in heart of the City

February 13, 2025

The remains of London’s first Roman Basilica have been uncovered near Leadenhall Market during archaeological investigations at 85 Gracechurch Street. The site is currently being excavated by Museum of London Archaeology (MOLA) in preparation for the construction of a 32-story office tower. The remains are believed to be part of the Tribunal, a designated area [...]
Coca-Cola HBC: Growth continues despite headwinds

February 13, 2025

The bottling partner of Coca-Cola has reported double-digit revenue growth despite significant exchange rate headwinds in emerging markets. Coca-Cola HBC AG, the bottling partner of The Coca-Cola Company, said volumes grew 2.8 per cent in the twelve months ended 31 December 2024, driven by higher sales for coffee and energy drinks. The reported revenue of [...]
Unilever: Amsterdam chosen for primary ice cream listing in blow for London

February 13, 2025

Shares in Dove and Marmite maker Unilever have dipped despite an uptick in profit, with some additional concern as London will miss out on the primary listing of its ice cream arm. Shares dipped more than seven per cent in early trades due to “exceptionally weak” guidance, analysts said. “Unfortunately for Unilever… the market doesn’t tend [...]
Property experts warn ‘more needs to be done’ on £350m housing funding

February 12, 2025

A £350m investment into affordable and social housing by the government has been welcomed but property experts warn “more needs to be done”. Housing secretary Angela Rayner has insisted the government “can’t afford not to” hit its 1.5m housebuilding targets, as officials unveiled an extra £300m in funding for the affordable homes programme, which they [...]
Barratt Redrow shares rise on double-digit growth fuelled by merger

February 12, 2025

Housebuilding giant Barratt Redrow has announced a significant jump in profit in the wake of Barratt’s acquisition of Redrow last year. Home completions rose 10.4 per cent to 6,864 in the six months ended December 29, while revenue rose 23.2 per cent to £2.28bn. Following its strong figures, Barratt Redrow’s shares rose by more than [...]
Watchdog brands Next ad ‘irresponsible’ on body image concerns

February 12, 2025

The UK’s advertising watchdog has upheld a complaint that Next used an “unhealthily thin” model to advertise a pair of leggings online. The ruling comes just weeks after the All-Party Parliamentary Group on Eating Disorders published a report describing the “alarming” rise in disorders such as anorexia and bulimia over the past decade, adding that [...]
Tax evasion likely ‘far higher’ than HMRC estimates

February 12, 2025

The true scale of tax evasion is likely far higher than HMRC estimates, with the department “not sufficiently curious” about solving the problem, a government committee has said. The UK tax gap was £5.5bn in the 2022-23 financial year, equivalent to around 0.7 per cent of all taxes owed and considerably lower than similar economies. [...]
‘First of its kind’ sustainable skyscraper gets green light from City of London

February 11, 2025

Planning permission for an innovative 33-story tower at the old headquarters of M&S has been approved by the City of London Corporation, the latest in a string of top-quality skyscrapers approved in the capital. The building at 70 Gracechurch Street, originally constructed in 1990s as the headquarters for Marks and Spencers, will deliver over 550,000 [...]
Dunelm chief steps down after guiding firm through transformation and Covid

February 11, 2025

Dunelm’s chief executive Nick Wilkinson will step down after seven years after leading the company through a strategic change, digitalisation, and the pandemic. Wilkinson will remain at FTSE-listed Dunelm until a successor is appointed. Sales at Dunelm have been consistently rising over the past few years as its personalised, relatively low-cost homewares go down well [...]
The end of stamp duty relief isn’t the only cost going up for first-time buyers

February 11, 2025

First-time buyers (FTBs) are facing higher costs across the board as they grapple with not only high stamp duty fees, but a low stock of affordable houses, more stringent lending requirements and higher upfront costs. First and foremost, stamp duty relief is set to end on March 31, which has driven a significant boost in [...]

Greggs profit flakes as baker faces lukewarm start to year

Cadillac to leverage US identity to grow F1 sponsorship portfolio

Psst… This is how to ski Les 3 Vallées without the crowds

By: Amber Murray

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