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.

All 134 Articles

Burnham and Healey face investor fury over summer of tax speculation

Politics

Andy Burnham and John Healey are contending with a growing backlash from investors after another summer of tax speculation looks set to leave financial managers on edge. The chief executive of one of the UK’s biggest investment platforms, AJ Bell, urged Chancellor Healey to take a more emphatic approach on ruling out tax hikes across [...]
Unfunded Digital ID will not free up new cash for Burnham’s cost of living plans

Politics

Andy Burnham is facing criticism from his own backbenches after claiming he would fund his cost of living plans by scrapping Labour’s digital ID scheme – despite the policy being unfunded at the last budget. In his first major policy announcement as prime minister, Burnham revealed today he would remove VAT from domestic electricity bills [...]
Foxtons shares tumble as estate agent takes £3m knock from Renters’ Rights Act

Property

Foxtons shares have tumbled after the firm said it took a knock of as much as £3m from the introduction of the Renters’ Rights Act, amid a sharp uptick in tenancy terminations. The Act abolished fixed tenancy terms and increased tenant flexibility to terminate tenancies, sparking “elevated levels of tenancy terminations.” Foxtons, which also bemoaned [...]

As it happened: Stocks drop on Trump-Iran warning; Mahmood tipped to be chancellor

July 16, 2026

Welcome back to the City AM liveblog. The UK has received fresh economic growth data this morning which has put GDP expansion at a sluggish 0.1 per cent for the month of May. The services sector – which contributes more than 80 per cent of total economic output – grew 0.3 per cent against steep [...]
Brewdog owner shrugs off James Watt takeover bid

July 15, 2026

The owner of Brewdog has insisted the company is “not for sale” after co-founder James Watt launched a dramatic takeover bid for the craft beer firm. Irwin Simon, boss of Brewdog’s US owner, Tilray, told City AM he intends to retain the pub chain and brewery just hours after Watt said he had submitted a [...]
As it happened: Stocks reverse losses after Trump threatens harder strikes on Iran; Oil at four-week high

July 15, 2026

Welcome back to the City AM liveblog. Oil prices have reached a four-week high after the Strait of Hormuz became too unsafe for ships travel through following the exchange of strikes between the US and Iran. Brent crude – the international benchmark for oil prices – tipped over the $87 per barrel mark on Tuesday [...]
As it happened: FTSE 100 recovers after oil surge dampens mood; Strikes in the Strait of Hormuz

July 14, 2026

Welcome back to the City AM liveblog. Oil prices are marching higher after the latest wave of military action in the Middle East following the US reinstating its blockade on imports from Iran. Brent crude – the international benchmark for oil prices – surged above $84 per barrel on Tuesday, bringing gains for the week [...]
As it happened: Choppy day for FTSE 100 after Iran closes Strait of Hormuz as strikes ramp up

July 13, 2026

Welcome back to the City AM liveblog. Markets are returning from the weekend to face another geopolitical shock after Iran confirmed it had closed the Strait of Hormuz once more. The narrow waterway that connects the Persian Gulf with the Gulf of Oman and the Arabian Sea had slowly seen a pick up in traffic [...]
As it happened: Stocks fall as oil creeps up; Trump to ‘finish job’ in Iran

July 9, 2026

Welcome back to the City AM liveblog. The escalation of the conflict in the Middle East has wiped out the recovery across global markets that had slowly took place over the last few weeks. The US and Iran exchanged further fire overnight, with America’s central command stating it had hit around 90 Iranian targets in [...]
As it happened: FTSE 100 slump as oil soars; Trump says Iran will be ‘hit hard’ tonight

July 8, 2026

Welcome back to the City AM liveblog. Global markets are strapping in for a return to risk-aversion after the US and Iran traded strikes overnight following the breakdown of a peace deal in the Middle East. The US kicked off its “series of powerful strikes” late Monday night. The nation’s Central Command said the attacks [...]

Healey announces early Budget

Padel chief: A sport which succeeds in London gets noticed around the world

Is the Maybach GLS the most excessive SUV?

By: Felix Armstrong

All 134 Articles

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