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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Debenhams shares plunge after £35m capital raise confirmed

February 17, 2026

Debenhams shares plunged ten per cent in early deals after the struggling fashion group confirmed plans to launch a £35m equity raising round. The group’s board said the fundraise will allow it to complete its resurgence but the plans did little to calm investors as its share price tumbled on the Tuesday open. Debenhams Group, [...]
Annabel’s profit trebles as Mayfair club defies hospitality gloom

February 16, 2026

One of London’s best-known private members clubs has shrugged off wider hospitality gloom after posting a near-tripling of profit. Mayfair-based Annabel’s, which has been based on Berkeley Square since the 1960s, toasted a pre-tax profit of £12.4m in the year to January 2025, a rise of 184 per cent on the previous year. Revenue over [...]

Tories say households could save £540 a year by scrapping net zero

Five tracks that could host Formula 1 in coming years

Lotus Emira 420 Sport: the best Emira yet is a downsized supercar

By: Felix Armstrong

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