By: Helen Cahill

I report on retail and property for City A.M. I have covered the investigation into BHS and London's housing crisis. You can email me on helen.cahill@cityam.com with tips or commentary.

All 1158 Articles

Ocado to increase prices this year due to devaluation of sterling

January 31, 2017

Ocado has become the latest retailer to say it will be increasing prices this year due to the fall in the value of the pound since the Brexit vote. Speaking to City A.M., Duncan Tatton-Brown, Ocado's chief financial officer, said it was likely that the company would increase prices on certain products "as and when the [...]
Deutsche Bank settles New York probe with $425m fine

January 31, 2017

Shares in Deutsche Bank rose after it agreed to a $425m (£340m) fine to New York's banking regulator over a trading scheme that moved $10bn out of Russia between 2011 and 2015. The bank's shares rose 2.2 per cent to €19.02 in late morning trading. The "mirror trading" scheme allowed clients to buy stocks in Moscow in [...]
Obama supports protests against Donald Trump

January 31, 2017

Former US President Barack Obama is clearly not happy with how his successor is handling his first few weeks in office. Obama was grateful to George Bush for not commenting on his performance in office, but has intervened against Trump because he says "American values are at stake". Protests have broken out across America and [...]
These are the funniest tweets from the UK protests against Donald Trump’s travel ban

January 31, 2017

Tens of thousands of people took to the streets last night to protest against US President Donald Trump's ban on visitors from seven Middle Eastern countries. Controversy has brewed in the UK over whether Trump should come on a state visit. He has been invited, but more than one million people have signed a petition saying [...]
Ocado’s share price jumps eight per cent at the open on profit surge

January 31, 2017

Ocado's share price jumped eight per cent at the open as it reported a spike in profits. The company's full-year profits beat expectations – despite rising labour costs and price deflation throughout last year. The figures In its results for the year ending 27 November, Ocado reported a 13.6 per cent rise in gross retail sales, up from [...]
Shoppers flocked to St Pancras for luxury goods from John Lewis and Fortnum & Mason over Christmas

January 30, 2017

St Pancras International scored an uplift in sales over the festive season, as shoppers flocked to the train station to stock up on Christmas gifts. Over the ten weeks from 29 October to 31 December, St Pancras scored a 6.2 per cent sales growth year-on-year. This compared to a growth of 1.7 per cent across [...]
Purplebricks share price climbs after 11 per cent tumble last week

January 30, 2017

Purplebricks' share price has climbed over five per cent this morning after a tweet sent it tumbling last week. Last Thursday, the online estate agent's share price jumped 11.5 per cent when the company sent a tweet boasting about its "record-breaking" valuations and instructions in January. January has been a record-breaking month for valuations & instructions, [...]
Volkswagen has become the world’s biggest carmaker

January 30, 2017

Volkswagen has overtaken Toyota as the biggest carmaker in the world. Toyota has announced that it made 10.175m cars last year, less than Volkswagen's 10.3m – the first time Toyota has lagged behind its German rival for four years. Read more: Volkswagen shares crash in line with brand woe The Japanese carmaker said its exports to [...]
Number of firms in financial stress grows for thirteenth quarter in a row

January 30, 2017

Over 275,000 companies were showing sings of financial distress at the end of 2016, the thirteenth quarter in a row that business stress in the UK has risen. The figures from insolvency firm Begbies Traynor show that the number of companies battling 'significant' financial distress grew three per cent year-on-year in the final quarter of 2016. Read [...]
March on Downing Street planned to protest Trump’s Muslim travel ban

January 30, 2017

Protesters will gather outside Downing Street tonight to show opposition to US President Donald Trump's travel ban. The demonstration will start at 6pm at 10 Downing Street and there will be speeches from MPs including Ed Miliband and Caroline Lucas. The protest has been organised on Facebook, and 18,000 people have said they will attend. Read [...]

Luke Littler face trademark is ‘smart move’ but ‘not silver bullet’, say experts

Carabao Cup: Arsenal and Manchester City tailgaters to be deemed criminals

We road test RDR, Star Wars Outlaws and Fallout 4 on Switch 2

By: Helen Cahill

All 1158 Articles

Subscribe