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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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 [...]
Waterstones books Rothschild as IPO plans ramp up

January 7, 2026

The owner of Waterstones is preparing to appoint Rothschild to advise its multibillion-pound flotation later this year, offering the clearest sign yet that London could turn the page on a dire run of form if it edges out New York for the listing. Elliott Management, which owns Waterstones and its US sister Barnes & Noble, [...]
Christmas grocery shopping hits fresh high while Brits make budget trimmings

January 7, 2026

Brits splashed out on groceries in the run-up to Christmas but watched their budgets more than ever, as own-brand products and cut-price veg caught the eyes of shoppers. Festive grocery sales increased by 3.8 per cent on the previous year, as Brits spent a record £13.8bn on Christmas supermarket shops amid moderately easing retail inflation [...]
Brits’ disposable income shrinks in disappointing Golden Quarter

December 18, 2025

Brits feel far poorer now than they did at the start of 2025, with even high-income households downbeat about their financial prospects. In January, people were four per cent more likely to say their pay had gone up rather than down, but Brits are now seven per cent more likely to have seen their pay [...]
Business rates overhaul to hit Square Mile hotels as row continues

December 18, 2025

Hotels in the Square Mile are set to be among the hardest-hit by the property revaluations which have sparked a clash between the hospitality sector and the government. The business rates overhaul, introduced in the November Budget, will see the property values that determine this tax more than double across leading hotels in the City [...]
London house prices slump following Budget chaos

December 17, 2025

London house prices have fallen by more than two per cent year on year, as Budget chaos took its toll on a volatile housing market. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). Property experts said this [...]
UK exports forecast downgraded as Labour fails to kickstart trade

December 11, 2025

British export growth will fall by almost half next year, a business forecaster has said, with Labour’s string of deals failing to improve hopes of a revival in international trade. The Labour government has made trade a key lever to boost growth prospects, using new deals with the likes of the EU and India to [...]

Unilever confirms talks to sell food arm

Carabao Cup: Arsenal and Manchester City tailgaters to be deemed criminals

We road test RDR, Star Wars Outlaws and Fallout 4 on Switch 2

By: Felix Armstrong

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