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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Price rises help boost Colgate sales and profit

July 23, 2025

Price rises helped the owner of the Colgate toothpaste brand boost its sales and profit in 2024 as it sought to mitigate the increase in costs. The UK arm of Colgate-Palmolve has posted a revenue of £362.3m for its latest financial year, up from the £334.3m it achieved in 2023. New accounts filed with Companies [...]
Rolls-Royce banking on bespoke cars to attract super-rich

July 23, 2025

Wealthy buyers seeking to personalise their new Rolls-Royce helped boost the luxury car brand’s profit in 2024 despite falling sales. The Hampshire-based business, which is owned by BMW, said its bespoke service reached a record level last year with a 10 per cent increase on average per car year-on-year. Rolls-Royce Motor Cars added the rise [...]
OpenAI: ChatGPT maker’s UK earnings skyrocket

July 23, 2025

OpenAI has raked in millions of pounds since the launch of artificial intelligence (AI) service ChatGPT in the UK, it has been revealed. The UK division of the US tech giant ended last year with current assets of £56.2m which included £42.4m in the bank and a further £13.7m owed by debtors, according to new [...]
Linklaters: Profit passes £1bn as partners set for record pay day

July 22, 2025

Profit at Linklaters has surged past the £1bn for the first time as the law firm’s partners are set to share a record pay day. The London-headquartered firm, which dates back to 1838, has posted a pre-tax profit of £1.08bn for its year to 30 April, 2025, a rise of 14 per cent compared to [...]
Historic Blackpool pier sale spells more trouble for seaside town

July 22, 2025

One of the oldest piers in the UK has been put up for sale in a latest blow to Blackpool’s tourism industry. The Blackpool Pier Company has said it’s made the decision to offload the North Pier in the seaside town “with a heavy heart”. The North Pier is the sixth-oldest of its type still [...]
The Works: Shares triple in value after ‘living to fight another day’

July 22, 2025

Shares in The Works have more than tripled in price in the space of four months after recovering from investors questioning “its relevancy in modern retail”. Stock in the West Midlands-headquartered company was priced at 20p towards the end of March but their value has rocketed since then and are now changing hands for more [...]
Branston maker buys Liverpool’s iconic Royal Liver Building in cut-price deal

July 22, 2025

Princes, the food group behind the likes of Branston, Olivio and Batchelors, has acquired Liverpool’s iconic Royal Liver Building in a cut-price deal. The company has purchased the building for £60m, three years after it was put up for sale for £90m. The sale was called off in November 2022 due to a lack of [...]
IBM sheds nearly 400 UK jobs as profit slashed

July 22, 2025

IBM shed almost 400 jobs in the UK in 2024, it has been revealed, as its profit was slashed by nearly a quarter. The UK arm of the US giant saw its headcount reduce in the 12 months from 7,309 to 6,920, new accounts filed with Companies House show. The fall in headcount in 2024 [...]
Decathlon: Losses almost double amid ‘significant transformation’

July 22, 2025

Losses almost doubled at Decathlon during its latest financial year as a “significant transformation” impacted its sales. The retailer has reported a pre-tax loss of £23.7m for 2024, according to new accounts filed with Companies House. The total comes after Decathlon also posted a loss of £11.9m for 2023. The business last achieved a pre-tax [...]
Thameslink boss steps down after less than two years

July 21, 2025

The chief executive of Go-Ahead, the group which operates London’s Thameslink, Gatwick Express and the Elizabeth Line through a joint venture, has stepped down after less than two years in the role. Miguel Parras has resigned from his role at the Newcastle-headquartered group to “pursue other opportunities” after 20 months. The group has not announced [...]

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By: Jon Robinson

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