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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Burnham takes on ‘rip-off’ discounts and subscriptions in cost of living push

August 10, 2026

Andy Burnham has vowed to outlaw fake discounts and crack down on stealth subscriptions as he pledges to deliver “breathing room” on the cost of living. The Prime Minister has proposed to ban businesses from advertising “rip-off” discounts and said he will accelerate existing plans to make subscriptions easier to cancel. These two pledges come [...]
Peak chicken? Domino’s hatches plan to swoop into fried chicken market

August 5, 2026

Months after parting ways with the chief executive whose bet on chicken caused a flutter, Domino’s Pizza has led a charge back into the henhouse. Andrew Rennie, the pizza delivery giant’s former boss, caused a flap last November when he defended a novel expansion into fried chicken by declaring that British consumers were nearing so-called [...]
Heineken-owned pubs group faces probe over eviction threat

August 5, 2026

One of the UK’s biggest pub chains is facing a potential probe by the UK’s pubs watchdog after it threatened to evict one of its London tenants. Star Pubs, which operates more than 2,000 sites across Britain and is owned by Dutch brewing titan Heineken, has been told it will be referred to the Pubs [...]
Will Drastic Dave live up to his name at Diageo?

August 4, 2026

Putting the finishing touches to Diageo’s annual report, Sir Dave Lewis may be channelling the old slogan of the drinks giant’s prize brand, Guinness: ‘Good things come to those who wait’. Since Lewis began his tenure as chief executive of the FTSE 100 firm on New Year’s Day, investors have heard very little from him. [...]
Ordnance Survey revenue jumps as map maker goes digital

August 4, 2026

Ordnance Survey has posted record revenue growth as the mapping agency takes the fight to Apple and Google with the “most detailed digital map of Britain to date”. The firm, which is Great Britain’s official mapping service, posted a 2.1 per cent jump in revenue to £199m in the year to March, driven by its [...]
Domino’s battles for slice of fried chicken market as revenue jumps

August 4, 2026

Domino’s has scored a World Cup boost from its bet on fried chicken, as the recovering pizza delivery chain looks to draw in new customers. The FTSE 250 pizza chain said the World Cup and its new ‘Chick’n’dip’ range drove a six per cent jump in revenue to £825m in the six months to June, [...]
FTSE 100 Segro agrees to £14bn takeover by Prologis

August 4, 2026

FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real estate giants and striking another blow to the London Stock Exchange. The US-based commercial landowner said on Tuesday that it has reached an agreement with Segro’s board which values the British [...]
As it happened: Oil prices tumble as Bessent says US-Iran deal imminent; miner stocks rally

August 4, 2026

Welcome back to the City AM FTSE 100 liveblog. The price of oil tumbled on Tuesday afternoon after a senior Trump ally said that a deal over control of the Strait of Hormuz could be agreed with Iran in the coming days. The price of Brent crude – the international benchmark for oil – tumbled [...]
Housebuilder shares rally on Iran war peace hopes and help-to-buy revival

August 3, 2026

Shares in leading London’s listed housebuilders jumped on Monday as investors bet a potential Iran war peace deal and a mooted new help-to-buy scheme would provide a boon to Britain’s flagging property market. FTSE-100-listed Persimmon jumped more than four per cent to 1,152 while mid-cap Vistry gained six per cent to 310p on Monday. Analysts [...]
Retailers hit back at Healey’s ‘profiteering’ threat

August 3, 2026

Retailers have hit back at the Chancellor’s warning against profiteering, saying they will prove they have fought hard to keep food prices down during the Iran war. Chancellor John Healey said at the weekend that the Treasury is prepared to crack down on any retailers which are taking Brits “for a ride” by using the [...]

Nandy flags downsides of closer EU relations

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By: Felix Armstrong

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