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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Represent: Clothing brand almost doubles sales in two years

June 10, 2025

Sales at clothing brand Represent jumped towards the £100m mark in a “landmark year” which saw it double down on collaborations, grow its activewear and expand into further into the US. The business, which was founded by brothers George and Michael Heaton, has posted a turnover of £93.8m for 2024, up from the £80.8m it [...]
TikTok to create over 500 UK jobs as major plans revealed

June 9, 2025

TikTok is to create more than 500 UK jobs and open a second office in London, it has been revealed. The Chinese-owned social media firm has confirmed its UK workforce will expand to 3,000 by the end of 2025 and it will open a new 135,000 sq ft office in London’s Barbican. The group already [...]
Thameslink operator slumps into the red ahead of Elizabeth Line takeover

June 9, 2025

The operator of London’s Thameslink and Gatwick Express slumped into the red before taking over the Elizabeth Line, it has been revealed. Go-Ahead has reported a pre-tax loss of $36.9m for 2024, having posted a pre-tax profit of $9.7m for the prior 15 months. However, the group pointed to it making a profit after tax [...]
Energy services giant returned to profit before $1bn takeover

June 9, 2025

A UK energy services giant returned to profit and created hundreds of jobs in the year before being acquired in a deal which valued it at more than $1bn (£737m). OEG Energy Group, which is headquartered in Aberdeen, has reported a pre-tax profit of $4.4m for 2024, having posted a pre-tax loss of $14.9m in [...]
Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue

June 9, 2025

The company behind TV chef Gino D’Acampo’s restaurant empire owed more than £11m as it collapsed into administration, it has been revealed. Upmarket Leisure Ltd, which controlled the former This Morning star’s venues, was served with a wind-up petition by HMRC in March and moved to appoint an administrator before being saved in a £5m [...]
M&S: Shares in FTSE 100 firm to hit 10-year high, say analysts

June 6, 2025

Shares in Marks and Spencer (M&S) have been tipped to rocket to their highest valuation in ten years in the wake of the FTSE 100 giant battling a major cyber attack. Off the back of the British icon’s full-year results, analysts are predicting that shares in M&S will rise to more than 420p each. The [...]
Boots: Profit jumps after closing hundreds of stores

June 5, 2025

Profit at Boots has surged as the high street pharmacy chain closed hundreds of stores during its latest financial year as its owners abandoned plans for an initial public offering (IPO). The Nottingham-headquartered business shuttered 334 locations in the year to the end of August 2024, new accounts filed with Companies House have revealed. Instead [...]
Happy Valley maker shut down by owner StudioCanal

June 4, 2025

The maker of TV hits such as Happy Valley and It’s a Sin has been shut down by its owner, StudioCanal. Red Production Company, which is headquartered in Manchester, has closed with the loss of around ten jobs. Included in the departures was chief executive Patrick Schweitzer who left the business last week. Schweitzer had [...]
Babcock: FTSE 100 shares double in value to ten-year high

June 4, 2025

Shares in Babcock, the FTSE 100 aerospace, defence and nuclear engineering services giant, have rocketed to their highest value since 2015 after doubling in price. The London-listed group has enjoyed a bumper 2025 so far, with its share price rising from just over 500p at the start of January to now be priced at more [...]
Costco: Lower petrol prices help drive profit surge

June 4, 2025

The UK arm of Costco has said lower petrol prices have actually helped its profit jump to almost £200m after driving up memberships. The division of the US giant said a decrease in prices at the pumps during its latest financial year contributed to increasing the number of people signing up and renewing their membership [...]

Burnham would ‘probably’ have won by-election, says Powell

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Ministry of Sound: ‘industry is on the up’ as it reveals brand new take on The Box

By: Jon Robinson

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