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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UK SMEs paralysed by fear despite ‘sitting on piles of cash’

July 17, 2025

Small-to-medium sized companies in the UK (SMEs) are “paralysed by fear” because of geopolitical uncertainty and a lack of clear economic policy, according to new research. Accounting and advisory group Azets said a large number of SMEs are “sitting on significant piles of cash” but are nevertheless holding back on investment. The warning, issued by [...]
Harry Potter TV series maker falls into the red as shooting starts

July 17, 2025

A company run by the new co-producer of the James Bond franchise entered the red ahead of starting work on the new Harry Potter TV series, it has been revealed. Heyday Television is a joint venture between Heyday Films, which was founded in 1996 by producer David Heyman, and Universal International Studios. In March this [...]
Jaguar Land Rover to axe 500 management jobs

July 17, 2025

Jaguar Land Rover is to axe up to 500 management jobs in the UK through a voluntary redundancy programme. The automotive giant said that around 1.5 per cent of its UK workforce would be impacted by the job cuts. A spokesperson for the Tata-owned firm said: “As part of normal business practice, we regularly offer [...]
Swatch: Rachel Reeves’ tax hikes could see profit fall further

July 16, 2025

Swiss watch brand Swatch has warned its UK profit could continue to shrink as a result of Chancellor Rachel Reeves’ tax hikes. The business has said the increase in employer’s National Insurance contributions – which were announced in October 2024 and came into effect in April this year – will increase operational costs. Swatch added [...]
Zip World: Losses revealed ahead of £100m takeover

July 15, 2025

Adventure park operator Zip World fell into the red before being acquired by a private equity firm in a deal worth £100m, it has been revealed. In January, City AM reported that the Wales-headquartered company had become the latest investment for Dolphin Capital. The firm currently runs eight sites in Wales, Manchester, Cumbria and London [...]
Lloyds Bank-owned firm slumps into the red after huge profits

July 15, 2025

Lex Autolease, the car leasing company owned by Lloyds Bank, has fallen into the red two years after posting a profit of more than £500m. The firm, which is headquartered in London, has reported a pre-tax loss of £10.6m for 2024, according to new accounts filed with Companies House. The total comes after the business achieved [...]
What if the boss of the National Lottery won the jackpot?

July 14, 2025

It’s a question that everyone has either been asked or posed themselves – what would you do if you won the National Lottery? Doubtless there are countless answers to that very simple question, although talk might be dominated at the moment by questions over how hard the Labour government would tax that new-found wealth. But [...]
Wizz Air to pull out of Abu Dhabi and cancels all flights

July 14, 2025

Wizz Air has revealed plans to pull out of Abu Dhabi and cancel all flights from the start of September. The London-listed carrier added it intends to exit its joint venture and will “focus on its core markets” in the future. Wizz Air said the move follows a “comprehensive reassessment of market dynamics, operational challenges, [...]
Rachel Reeves’ tax hikes are driving wealthy overseas investors to flee London

July 14, 2025

Chancellor Rachel Reeves’ tax hikes have had the “feared impact” of driving wealthy overseas investors to flee London to escape double taxation of their worldwide income, the company behind The Shard has said. Real Estate Management (UK), which is ultimately owned by the State of Qatar, has revealed the exodus has resulted in it being [...]
Lando Norris sells side hustle to Adrian Newey-backed group

July 11, 2025

McLaren F1 star Lando Norris has sold a majority stake in Quadrant, the entertainment and gaming brand he founded, to a company backed by Adrian Newey. London-based Veloce Media Group has agreed a deal which will see Norris remain the second-largest shareholder in Quadrant with a stake of more than 20 per cent. Quadrant was [...]

Yen weakens after Takaichi selects dovish candidates for Bank of Japan

Pro Climbing League leans into urban boom ahead of sold-out London launch

City AM’s Pub of the Week: The Abitrager

By: Jon Robinson

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