By: Felix Armstrong

Retail Reporter Felix Armstrong is City AM's retail reporter, covering retail, hospitality and property news. He has previously written for The Times, The Guardian, The Telegraph and The i Paper. Email Felix at Felix.Armstrong@cityam.com

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Poundland suitors tussle to buy £30m discount retailer

September 25, 2026

Several bidders will table offers for Poundland on Friday, as the owners of the discount retailer seek £30m for the company they bought for just £1. Multiple suitors are expected to hand their bids to Gordon Brothers, which owns Poundland, as early as Friday, as the US investment firm rushes to complete a deal before [...]
Police shut exclusive Mayfair members’ club over possible gun offence

September 25, 2026

Police have temporarily closed a Mayfair private members’ club, which has been visited by Sarah Ferguson, Kim Kardashian and Noel Gallagher, over a possible gun-related incident. The Metropolitan Police applied to Westminster City Council to suspend the license of Maison Estelle, which subsequently shut its doors on Tuesday. Police said reports of “serious crime, or [...]
Consumer confidence hits two-year high but ‘could soon falter’

September 25, 2026

Consumer confidence has surged to a two-year high in a surprise rise which will hand a much-needed boost to Andy Burnham ahead of the Budget – but experts have warned that momentum could soon run out. GfK’s closely-watched consumer confidence barometer rose to -13 in September, a rise of about one point since last month [...]
As it happened: FTSE 100 rebounds as oil drops back on hopes of Hormuz deal

September 25, 2026

Welcome back to City AM’s FTSE 100 live blog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines on Friday morning: The liveblog has ended.No liveblog updates yet. Load more
Ministers back City skyscraper plans after Tower of London row

September 24, 2026

Ministers have given the greenlight to plans that will allow skyscrapers to be built in the area surrounding the Tower of London, ruling that proposals set out by the City of London corporation will do enough to protect the site’s Unesco status. Housing minister Matthew Pennycook said on Thursday he will withdraw his objections to [...]
Poundland owner could carve out Irish business in rush sale

September 24, 2026

Poundland’s owners are considering selling off the discount retailer and its Irish branch, Dealz, in two separate transactions, City AM has learned. Gordon Brothers, which bought Poundland and Dealz only a year ago, is sounding out interest in the two retailers in hopes of completing a deal before the busy Christmas trading period. This process [...]
Lord’s Cricket Ground, West Ham, EY among creditors owed £190m by Brewdog

September 24, 2026

Lord’s Cricket Club, West Ham United and Big Four accounting firm EY are among the big-name firms which are owed £190m by Brewdog. The craft beer firm collapsed earlier this year and its administrators have said that its unsecured creditors, who are owed £189.9m, will not be paid back. AlixPartners, Brewdog’s administrators, said there are [...]
Amanda Holden sofa range lifts DFS as profit jumps

September 24, 2026

DFS has toasted its partnership with media personality Amanda Holden as the sofa seller saw profits jump by a third. The London-listed furniture store said its collaboration with the Britain’s Got Talent judge, which includes a range of three Amanda Holden-branded sofas, has lifted its performance. Steve Johnson, chairman of DFS, said that its partnership [...]
Vistry takes £500m hit as new boss downsizes housebuilder

September 24, 2026

Vistry has taken a nearly £500m hit to its value, as the beleaguered housebuilder’s new chief executive sets out drastic plans to downsize the firm to ensure its survival. Adam Daniels, the new boss of the FTSE 250 housebuilder, told shareholders on Thursday that his review into the group revealed that its assets were worth [...]
As it happened: FTSE 100 slips as oil prices surge; Vistry shares crater

September 24, 2026

Welcome back to City AM‘s FTSE 100 live blog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines today: The liveblog has ended.No liveblog updates yet. Load more

The major Budget questions facing John Healey in four charts

Fashion in Formula 1: How the paddock became global catwalk

Ian McKellen flirts with Ncuti Gatwa in delightful Frank and Percy film – review

By: Felix Armstrong

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