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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John Lewis: Losses triple at retail giant’s property start-up

August 11, 2025

Losses tripled at the property start-up owned by retail giant John Lewis during its latest financial year despite its income shooting up, it has been revealed. BTR (Operating) Limited has posted a pre-tax loss of £406,000 for the 12 months to 25 January, 2025, new accounts filed with Companies House show. The latest figure comes [...]
Jaguar Land Rover: Trump’s tariffs cost car maker millions

August 8, 2025

Jaguar Land Rover has revealed how much US President Donald Trump’s tariffs have impacted its finances during the first three months of its financial year. The car maker has confirmed that its revenue in the three months to 30 June, 2025, fell by 9.2 per cent to £6.6bn. Its pre-tax profit was also slashed by [...]
Maserati: UK profit surges as sales accelerate

August 8, 2025

Profit at the UK arm of Maserati has almost doubled in the last four years as its sales continue on their upward trajectory. The car maker, which is owned by Stellantis, has reported a pre-tax profit of £326,000 for 2024, up from the £321,000 it posted in 2023. The latest figure is up from the [...]
Baby Reindeer maker falls to a loss after Netflix smash hit wears off

August 8, 2025

The production company behind Baby Reindeer has fallen into the red as its earnings were slashed in the aftermath of the Netflix smash hit. Clerkenwell Films has posted a pre-tax loss of £1.5m for the year to 31 March, 2025, down from a pre-tax profit of £2.7m in the prior 12 months. New accounts filed [...]
Iceland in the red as Rachel Reeves’ tax raid forces prices higher

August 8, 2025

Iceland has warned it is being forced to increases prices because of Chancellor Rachel Reeves’ tax raids as the supermarket chain fell into the red. The Flintshire-headquartered said that while it is “doing our utmost” to offset increasing costs arising from last year’s Autumn Budget, it will “inevitably have to pass some of these on [...]
Netflix rakes in record UK profits as cost conscious Brits choose adverts

August 8, 2025

A rise in Brits choosing Netflix’s advertising tier helped the streaming giant rake in record profits as its UK revenue jumped towards the £2bn mark, it has been revealed. The UK arm of the US giant has reported a pre-tax profit of £63m for 2024, up from the £60.6m it achieved in 2023 – the [...]
UK’s largest chamber of commerce on brink of collapse

August 7, 2025

The largest accredited chamber of commerce in the UK is on the brink of collapse after filing a notice of intent to appoint administrators. Greater Manchester Chamber of Commerce, which has around 4,000 members, has cited the Covid-19 pandemic and its aftermath for creating “sustained financial pressures” as one of the reasons behind its current [...]
House builder blames ‘broken planning system’ and interest rates for loss

August 7, 2025

In independent house builder has blamed the “broken planning system” and high interest rates putting off first time buyers for it falling into the red. Cheshire-based Eccleston Homes has reported a pre-tax loss of £1.2m for the 12 months to 31 October, 2024, down from the £2m profit it achieved in the prior year. New [...]
Huawei issues UK sales warning as restrictions hit hard

August 7, 2025

The UK arm of Chinese telecommunications giant Huawei has issued a warning over its future sales as restrictions on its activities continue to have a major impact. The Reading-headquartered business has said its turnover in 2025 will continue on the downward trajectory it has been on since 2019 but that the company will remain profitable. [...]
Adanola valued at £400m as Kendall Jenner favourite sells stake

August 6, 2025

Adanola, the athleisure brand worn by the likes of Kendall Jenner, Molly-Mae Hague and Maya Jama, has been valued at around $530m (£398m) after securing a new backer. Story3 Capital Partners has acquired a minority stake in the Manchester-based label which was founded by Hyrum Cook in 2015. Other well-known personalities who are fans of [...]

FCA: We don’t want to take risk decisions alone

Ukraine invasion anniversary prompts fresh Russia Paralympics ban calls

Inside Sarah Ferguson’s £100k-a-week rehab with lakeside apartment and round-the-clock therapy

By: Jon Robinson

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