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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Next: Boss of FTSE 100 giant rewarded after £1bn profit

April 10, 2025

The chief executive of FTSE 100 giant Next took home almost £5m as the high street icon’s profit surged to more than £1bn for the first time. Lord Simon Wolfson took home a total pay packet of £4.72m for the Leicester-headquartered retailer’s latest financial year, up from £4.63m. The CEO’s remuneration package included a salary [...]
Virgin Atlantic Holidays: Record profit as sales take off

April 9, 2025

Profit at Virgin Atlantic Holidays has jumped to a new record level as its sales surged to their highest since the Covid-19 pandemic. The group, which was founded by Sir Richard Branson, has reported a pre-tax profit of £48m for 2024, up from the £25.4m it achieved in 2023. The results come after Virgin Atlantic [...]
Universal to open Alton Towers and Thorpe Park rival

April 9, 2025

Universal is to open a new theme park in the UK which will become a major rival to the likes to Alton Towers and Thorpe Park after a deal was agreed. The US entertainment giant has received the backing of the government and the local council for the project which will see a theme park [...]
Asos and Boohoo stick to US closures despite Trump tariffs

April 8, 2025

Asos is to continue with its plan to close its distribution centre in Georgia, USA, and serve the country from Yorkshire despite the imposition of President Donald Trump’s tariffs. At the start of the year, the fast-fashion group announced plans to close its US base in another effort to boost profitability and streamline operations. The [...]
Arla Foods: Lurpak maker plans €19bn merger

April 8, 2025

Arla Foods, the group behind brands such as Lurpak and Cravendale, has announced a merger which could create a €19bn giant. The Swedish-Danish diary co-operative, whose UK headquarters is in Leeds, has revealed plans to merge with Germany-headquartered DMK Group. If it goes ahead, the merger would bring together 12,000 farmers across Europe with the [...]
Avanti West Coast co-owner to launch €1bn Eurostar rival

April 8, 2025

A co-owner of Avanti West Coast has confirmed plans to launch a €1bn (£856.6m) rival Eurostar which would run services between London and Paris. FS Italiane Group is looking to run a high-speed rail service between the two capitals by 2029. The group, which co-owns Avanti West Coast alongside FirstGroup, has put aside €1bn for [...]
FTSE 100: Rolls-Royce shares rebound after losing over £10bn in value

April 8, 2025

Shares in Rolls-Royce have started to rebound after losing more than £10bn in value since President Donald Trump’s tariffs were announced. The Derby-headquartered group’s shares had been trading at an all-time high of 812p in the middle of March before plummeting to 635p on Monday. They have now started to rebound and are trading at [...]
Microsoft cuts UK jobs as sales near £10bn and profit surges

April 8, 2025

Microsoft shed more than 200 UK jobs in the year its turnover jumped to almost £10bn, it has been revealed. The US tech giant reduced its headcount from 5,540 to 5,337 in the year to 30 June, 2024, new accounts filed with Companies House show. The reduction comes after Microsoft’s headcount grew from 4,955 in [...]
Lush to pass tariffs onto US shoppers as it sinks further into the red

April 8, 2025

Lush has revealed plans to open a UK hotel as it detailed its response to President Donald Trump’s tariffs amid the ethical cosmetics retailer sinking further into the red. The Dorset-headquartered company has included scant detail in its annual accounts about its plans for a new hotel but did say it is working with a [...]
Major Companies House change launched as business leaders called to action

April 8, 2025

Business leaders can now verify their identity on Companies House as part of a major drive designed to slash economic crime. As of today, 8 April, directors can voluntarily verify their identity before it becomes a legal requirement later this year. More than six million individuals will need to comply in the 12 months after [...]

Guaranteed hours rules ‘would threaten jobs’, government warned

Italy and UK risk driving Formula 1 away with misguided tax raids

Why the Norwegian Arctic is the best place to see the Northern Lights

By: Jon Robinson

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