By: Jon Robinson

Jon Robinson is City AM's UK Editor and is tasked with leading the expansion of the publication's business coverage beyond London. Based in Manchester, he focuses on regional stories, aiming to give a national platform to companies outside the M25. He is also the host of Boardroom Uncovered, City AM's podcast featuring candid conversations with the UK's top business leaders about their journeys, challenges and successes.

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Worcester Bosch to make major change after green marketing concerns raised by CMA

August 9, 2024

Worcester Bosch has agreed to make a major change to the way it markets its products across the UK after agreeing a deal with the Competition and Markets Authority (CMA). The watchdog said it had become concerned the company may have mislead consumers into thinking that its boilers – marketed as ‘hydrogen-blend ready’ – are [...]
Natwest to ‘suffer significant shortfall’ with a 90 per cent loss after Island Poke collapse

August 8, 2024

Natwest is on course to “suffer a significant shortfall” following the collapse of London-based Hawaiian food chain Island Poke, it has been revealed. The bank is one of the major creditors to the business which was sold in a pre-pack administration to a subsidiary of hospitality incubator White Rabbit Fund in July. The food business [...]
Evans Cycles: Big loss revealed in delayed results for brand owned by Mike Ashley’s Frasers Group

August 8, 2024

Significantly delayed accounts for Evans Cycles have revealed how far the brand, which is owned by Mike Ashley’s Frasers Group, has slumped further into the red. According to results for the year to April 30, 2023, which have only just been filed with Companies House, Evans Cycles slipped to a pre-tax loss of £23.2m. The [...]
Philips shrugs off ‘challenging year’ with UK profit spike

August 8, 2024

The UK arm of consumer electronics firm Philips shrugged off a “year of many challenges” to post a surge in profit for 2023. The division, which is headquartered in Farnborough, has reported a pre-tax profit of £26m for the 12 months, up from the £5m it posted in 2022. According to newly-filed accounts with Companies [...]
Virgin Records: Streaming boom and Abbey Road Studios help profit more than double

August 8, 2024

The continued boom in music streaming as well as the popularity of Abbey Road Studios among major artists helped Virgin Records’s profit more than double during its latest financial year. The company has reported a pre-tax profit of £76.9m for 2023, up from the £37.2m it posted in 2022. According to newly-filed accounts with Companies [...]
Volvo: Record-breaking year for car maker as UK sales near £2bn

August 7, 2024

Volvo's UK sales jumped closer to the £2bn mark after another record-breaking year, it has been revealed in newly filed accounts.
Harland & Wolff: Departing chief of Titanic shipbuilder issues parting shot as collapse averted

August 7, 2024

The former chief executive of Titanic shipbuilder Harland & Wolff has issued a parting shot in his first comments after being ousted from his role. John Wood took to social media today after officially stepping down from his position on August 1. He had not been involved in the day-to-day running of the company since [...]
Full list of Carpetright stores saved by Bensons for Beds after collapse

August 7, 2024

Almost 20 Carpetright stores have been snapped up by Bensons for Beds following the firm’s collapse last month. Carpetright was rescued out of administration in July but with the loss more than 1,500 jobs. The major carpet and tiling retailer, which is headquartered in Essex, was snapped up by rival Tapi for an undisclosed sum. At [...]
Pinewood: Strong start for iconic studio ahead of Marvel’s The Fantastic Four boost

August 7, 2024

Pinewood saw its turnover jump by almost 40 per cent in the months ahead of filming of Marvel’s The Fantastic Four: First Steps starting at the iconic film studio. The group behind the studio has reported a turnover of £49.3m for the three months to June 30, 2024, up from £35.6m. Pinewood said that it [...]
BMW back in the black after UK sales move up a gear

August 7, 2024

The UK arm of BMW surged back into the black during 2023 thanks to a jump in sales across all its brands. The Hampshire-headquartered division has reported a pre-tax profit of £114m for the year after posting a pre-tax loss of £16.8m in the prior period. Newly-filed accounts with Companies House also show that its [...]

‘The government aren’t the experts’: Liberal Democrats vow to push back controversial Pension Schemes Bill

‘A London Marathon every weekend? I think we can get to that – and sell out’

Inside the most outrageous car Rolls-Royce has ever built

By: Jon Robinson

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