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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London’s top spot for super-prime property crowned

January 29, 2025

Belgravia has taken the crown as London’s most-sought-after super prime neighbourhood, home to more than a tenth of sales in the capital last year and overtaking Chelsea for the first time since 2020. The area was even home to London’s first super prime deal of 2025, a £38m mansion on Wilton Crescent. “Belgravia has benefited from [...]
Stella McCartney buys back LVMH stake in her eponymous fashion brand

January 28, 2025

Stella McCartney has bought back LVMH’s 49 per cent stake in her fashion brand, which the luxury giant has held for five years. McCartney will continue to advise LVMH chief Bernard Arnault and the group’s executive team on sustainability issues as global ambassador on sustainability. “This new chapter for Stella McCartney reflects her desire to [...]
UAE royals-linked Esyasoft finally offers deal for UK’s Good Energy

January 28, 2025

Dubai-based energy company Esyasoft has offered to buy Chippenham-based renewable electricity supplier and energy services provider Good Energy, after extending the deadline to make an official offer three times. The motion is now awaiting a shareholder vote. The deadline had previously been delayed to allow more time for Esyasoft to progress its due diligence exercise, [...]
Foxtons: Share price soars after London estate agent outperforms market

January 28, 2025

London estate agents Foxtons has reported double digit growth driven by market share gains in both sales and lettings. Revenue in the year ended December 2024 grew 11 per cent to £163m, from £147.1m in 2023, while adjusted operating profit grew 33 per cent to £19m, from £14.3m in 2023. Its share price rose nearly [...]
Wickes: Share price jumps as recovery gets underway

January 28, 2025

Wickes has reported an uptick in the revenue for the second half of the year, driven by small retail purchases and lower losses in its installation segment. The company’s share rose more than 10 per cent in early trades. Revenue at the home improvement firm rose by 1.8 per cent in the six months ending [...]
Pets at Home: Revenue dips but veterinary arm shows double-digit growth

January 28, 2025

Animal care retailer Pets at Home has reported a slight dip in profit due to lower retail revenue, although vet revenue has soared. The FTSE-listed company, which offers both pet purchases and vet care, told markets that revenue fell 0.2 per cent to £361.6m in the 12 weeks to January 2. Retail revenue fell 2.8 [...]
Brits warned to brace for higher alcohol prices from next week

January 28, 2025

On February 1 new duty rates on wine and spirits will come into force, meaning a rise in price for most alcohol. Under a new sliding system of duties, wine with a higher abv (alcohol by volume) will see the biggest price increase, with the duty on a 14.5 per cent abv wine to rise [...]
Time to breakup? Which UK stocks might benefit from selling assets

January 27, 2025

Selling assets is a fashionable activity for UK stocks: WH Smith announced this morning that it is exploring a possible sale of its high street business to focus on its travel trade, following in the footsteps of Reckitt Bensicker, Marston’s and DCC, all of which have sold assets to unlock value recently. The news from [...]
London house where Herman Melville wrote Moby-Dick goes on sale

January 27, 2025

The former Blue Plaque home of American author Herman Melville, where he wrote early drafts of Mody-Dick in the late 1840s, has gone on the market for £9m. The five-bedroom, four-storey townhouse on London’s Embankment housed Melville for two separate periods of the 1800s, and the nearby wharf served as inspiration – along with his [...]
James Dyson: Reeves’ inheritance tax hike ‘is killing geese that lay golden eggs’

January 27, 2025

Billionaire Sir James Dyson has again hit out at Rachel Reeves for her tax raid budget, saying British family businesses are being “fleeced”. The British entrepreneur, 77, hit out at the Chancellor in a letter to The Times, writing that Reeves will “kill off” British family businesses with a “vindictive” budget, including inheritance tax hikes. [...]

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By: Amber Murray

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