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 79 Articles

FTSE 100 Live: Pound hits two month low after byelection, Flutter shares tumble

February 27, 2026

Good morning and welcome back to the City AM liveblog. We were treated to a whole host of corporate updates yesterday and investors in some of the City’s biggest blue-chips were handed plans for bumper returns. Aerospace giant Rolls-Royce revealed ambitions to dish out up to £9bn to shareholders through from 2026 to 2028. The [...]
FTSE 100 Live: WPP sinks; LSEG, Rolls-Royce bumper buybacks

February 26, 2026

Good morning and welcome back to the City AM liveblog. After a few days of tariff-induced risk aversion, the FTSE 100 was back on blistering form on Wednesday, finishing the day’s trading session with a new record. London’s blue-chip index soared over one per cent to seal yet another record close at 10,806.41p. This was [...]
FTSE 100 Live: Index hits record as HSBC, St James’s stock rally

February 25, 2026

Good morning and welcome back to the City AM liveblog. There’s a number of factors weighing on global markets at the moment, and yet the FTSE 100 was able to close Tuesday’s session unscathed. It came despite President Donald Trump’s new 10 per cent tariffs coming into effect, sending some jitters across global indexes. But [...]
Diageo, Burberry rally after Trump tariff ruling

February 20, 2026

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

February 20, 2026

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

February 20, 2026

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 [...]

PwC moves to unify global services as AI reshapes consulting sector

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A Doll’s House at the Almeida: Thrilling, steamy and ambitious

By: Felix Armstrong

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