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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Food industry warns of inflation ‘calm before the storm’

March 25, 2026

Food and retail bosses have warned the fall in food inflation is the “calm before the storm,” as business brace for the Iran war to push up energy costs. Trade body Food and Drink Federation (FDF) said Wednesday’s drop in food inflation – from 3.6 to 3.3 per cent year on year – could be [...]
Where is London’s cheapest pint?

March 25, 2026

Drawn out of the office and into the City’s pubs by the springtime sun, Square Mile workers will face a bitter taste when they pay for their pints. The City of London is one of the 28 London boroughs where the cost of a pint has surged over the past two years, with the price [...]
Cancel student debt in exchange for first time buyer equity, housebuilders urge government

March 24, 2026

Cash-strapped graduates struggling to get on the property ladder should have their debt written off in exchange for giving over a stake of their first home to the government, a new report has urged. The report, backed by more than 50 housing sector bodies including top housebuilders Vistry and Barratt Redrow, proposes offering a discount [...]
Housebuilding stocks slump as Bellway issues Iran mortgage warning

March 24, 2026

Shares in Bellway slumped eight per cent after it warned the Iran war is causing mortgage “volatility,” as a host of leading housebuilders were dragged down with it. FTSE 100 housebuilders Barratt Redrow, Berkeley and Persimmon were all down at least one per cent on Tuesday’s early trading, with the latter taking a two per [...]
Fevertree takes Environment Agency to court over green packaging tax

March 24, 2026

Fevertree has launched a legal challenge against the Environment Agency over its application of a sustainability packaging tax, which is charged on glass bottles. The premium drink mixer brand claims the glass used in some of its products should be classified as non-household packaging and be exempted from the Extended Producer Responsibility (EPR) levy, and [...]
Kingfisher: B&Q owner sales dragged down by weakness in overseas brands

March 24, 2026

B&Q owner Kingfisher saw the success of its UK brands dragged down by struggles overseas, as sales in France and Poland took a dip. The FTSE 100 firm suffered falling sales in its French Castorama (-2.2 per cent) and Brico Depot (-2.3 per cent) brands and in Poland (-1.1 per cent), while sales grew by [...]
London skyscrapers under pressure as construction costs mount

March 24, 2026

The cost of building London skyscrapers has soared by 40 per cent in five years as pressure on the capital’s high-rise property market mounts. The average cost of building a tower in the capital has increased from between £3,800 and £4,300 per square metre in 2020 to between £5,200 and £6,500 last year, according to [...]
Holidaymakers face billion-pound tax on ‘great British holiday’

March 23, 2026

The “great British holiday” is under threat from a proposed tax which would hit visitors with £1.6bn in new charges and threaten 33,000 jobs, hospitality bosses have warned. The country’s holiday economy could be “decimated” by a levy on tourist accommodation which would turn away domestic and international holidaymakers, according to new modelling. Industry body [...]
Housebuilder hopes raised as government pledges 200k homes in new town scheme

March 23, 2026

Housebuilders are hoping for a boom in construction after the government pledged nearly 200,000 new homes as part of its new town programme, though it has cut five potential sites from its shortlist. Labour’s housing and communities department is billing the scheme as the most ambitious housebuilding plan in the last 50 years, with seven [...]
Huel scooped up by French food giant Danone

March 23, 2026

Huel, the meal-in-a-bottle brand backed by Steven Bartlett, is to be bought by French food giant Danone in a deal worth around €1bn, winning its British founder a £400m payout. The protein shake maker has agreed to a sale to the French consumer goods company as part of its pivot towards nutrition under its new chief [...]

Tories say £10bn ‘Britannia Shield’ would fend off missiles

Crystal Palace valued at £900m and hire Raine Group to explore investment or sale

London Film Festival 2026: everything you need to know

By: Felix Armstrong

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