By: Felix Armstrong

Felix Armstrong is a freelance journalist interning at City A.M. He is currently studying at the University of Cambridge, and has written for the Telegraph and the Times.

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Diageo, Burberry rally after Trump tariff ruling

Retail

Shares in two of the FTSE 100’s biggest retailers rallied on Friday afternoon after it was revealed President Trump’s sweeping global tariff regime had been struck down by the top US court. Burberry shares ended the day’s trading session up 3.2 per cent to 1,212p, while Diageo jumped 3.9 per cent to 1,851p after the [...]
Aston Martin F1 buys team naming rights in £50m cash deal

Sport Business

British car manufacturer Aston Martin has announced a £50m cash sale of its Formula 1 naming rights to AMR GP. The deal will enable the eponymous Formula 1 team, owned by Canadian Lawrence Stroll, to have the “exclusive right to use the iconic automotive company’s name, logo and branding in perpetuity”. Formerly Racing Point UK, [...]
FTSE 100 Live: Retail sales inch up; Segro ups dividend

Markets

Good morning and welcome back to the City AM liveblog. The FTSE 100 took a breather from its blistering record run on Thursday after a major stock tumble at British Gas owner Centrica led the index into the red. Centrica shed over five per cent after telling markets it would hit pause on its share [...]

Budget damage to housing market set to continue, experts warn

January 22, 2026

The UK’s housing market will continue to suffer from the impact of months of budget speculation last year as seller confidence languishes, property experts have warned. While sellers and estate agents breathed a sigh of relief when November’s Budget steered clear of most of the property that had been feared, these experts told City AM [...]
Coffee and sugar drive surging food inflation

January 21, 2026

Sharp increases in the cost of coffee and sugar are behind the high rate of food inflation which is one of the drivers of the surprise inflation rise. The cost of food increased at a rate of 4.5 per cent in the year to December, overshooting the overall inflation rate of 3.4 per cent by [...]
Only pubs set to benefit from business rates U-turn as hoteliers barred

January 21, 2026

Pubs will be the only businesses to benefit from the government’s business rates U-turn as other hospitality firms will be shut out from tax relief, Rachel Reeves has hinted. The Chancellor told reporters at Davos that pubs face a different situation to the rest of the sector, likely meaning hotels and other hospitality businesses will [...]
Next seals deal to acquire Russell & Bromley

January 21, 2026

High street giant Next has stepped in to buy shoe seller Russell & Bromley in the latest in a string of acquisitions by the FTSE 100 retail giant. The sale will see Next acquire the Russell & Bromley brand, and three of its stores in Chelsea, Mayfair and the Bluewater Shopping Centre, in exchange for [...]
Why are London’s house sellers losing money?

January 17, 2026

London’s housing market is known for offering vast mansions and leafy avenues to wealthy buyers from across the world. So why are more sellers in the capital suffering losses than anywhere in the country? It is London’s most affluent and sought-after locations where the profitability of home-selling is taking the biggest hit, with Chelsea and [...]
Reeves confirms ‘temporary support’ for pubs amid row over misleading claims

January 14, 2026

Rachel Reeves has confirmed “temporary support” for pubs in a climbdown over the business rates row, as a chief tax official claimed the Treasury was warned about the damaging impact of tax reforms after ministers claimed they had been in the dark about the changes. The Chancellor confirmed on Wednesday that she will roll out [...]
Data centre planning applications rocketed more than 60 per cent in 2025

January 13, 2026

Data centre planning applications hit an all-time high in the UK in 2025, City AM can reveal, as investors rushed to gain a foothold in the burgeoning AI market. More than 60 separate planning applications for the construction of new data centres were filed in England and Wales over the course of the year, according [...]

Reform vow to create new ‘wealth fund’ using pension schemes

Conor Benn switch to Dana White’s Zuffa branded ‘outrageous’ by Hearn

Inside Sarah Ferguson’s £100k-a-week rehab with lakeside apartment and round-the-clock therapy

By: Felix Armstrong

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