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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Cineworld: The six cinemas to close as restructuring plan completes

December 10, 2024

Cineworld has revealed it will close another six of its cinemas across the UK as its major restructuring process comes to an end. The troubled chain will shutter its sites in Castleford, Leigh, Middlesbrough, Northampton, Poole and Weymouth. The move comes after Cineworld previously closed five sites after first announcing the overhaul in July. The [...]
Bumper pay day for Britvic boss ahead of £3.3bn Carlsberg deal

December 10, 2024

The chief executive of Robinsons squash maker Britvic has received a bumper pay day ahead of the group’s £3.3bn takeover by Carlsberg. Simon Litherland has been handed a £4.68m pay packet, up from the £2.86m he received in the prior year and £1.93m in the 12 months before that. The total is the highest Litherland [...]
Harrods: Christmas strikes set for crisis-hit department store

December 10, 2024

Harrods, the crisis-hit iconic London department store, is braced for another blow as hundreds of workers voted to strike over the critical Christmas period. Employees represented by the United Voices of the World (UVW) union will walk out from 8pm on Friday, 20 December, to Sunday, 22 December, and again from 12am on Boxing Day [...]
Easyjet: Golden goodbye for departing CEO Johan Lundgren

December 10, 2024

The departing chief executive of Easyjet has been handed a golden goodbye to the tune of almost £3m ahead of stepping down next month. Johan Lundgren has pocketed £2.88m ahead of handing over to Kenton Jarvis in the New Year. The pay packet is up from the £2.19m Lundgren received in the prior year. The [...]
Property tycoon Nick Candy defects to Reform from Conservatives

December 10, 2024

Property tycoon Nick Candy has defected from the Conservatives to Reform UK in a boost for the insurgent party. The former Tory donor, who is married to pop star and ex-Neighbours actor Holly Valance, told The Sun that there has been “too many broken promises and a complete breach of trust with the wealth creators [...]
More companies to follow Homebase and Typhoo Tea into administration following Budget, warns Begbies Traynor

December 10, 2024

More UK companies will crash into administration following the tax hikes announced in Labour’s Budget at the end of October, according to Begbies Traynor. Announcing its half-year results to the London Stock Exchange, the Manchester-headquartered group said “UK insolvencies remain at elevated levels” and that it expects “continuing growth” in its business recovery division as [...]
Naked Wines toasts progress as losses are slashed

December 10, 2024

The boss of Naked Wines has said the brand is “in a better position, both financially and strategically” after slashing its losses during the first half of its financial year. The Norwich-headquartered company has reported a pre-tax loss of £5.6m for the six months to 30 September, 2024, down from the £9.7m loss it posted [...]
Profit takes off at Manchester Airport and London Stansted owner

December 10, 2024

Profit at the group behind Manchester, London Stansted and East Midlands airports took off in the first six months of its financial year thanks to a record-breaking summer, it has been announced. Manchester Airports Group (MAG) has reported a pre-tax profit of £139.6m for the six months to 30 September, 2024, up from £115.9m, thanks [...]
Poundland owner Pepco slumps to huge loss after £640m hit

December 10, 2024

Discount retail giant Pepco slumped to a loss of more than £450m after weak performance from Poundland in the UK, it has been revealed. The European group has posted a pre-tax loss of €554m (£458.7m) for the 12 months to 30 September, 2024, after having made a profit of €159m (£131.6m) in the prior year. [...]
Billionaire Renishaw co-founder Sir David McMurtry dies

December 9, 2024

The billionaire co-founder of engineering giant Renishaw has died at the age of 84, it has been announced. Sir David McMurtry founded the Wotton-under-Edge-based company with his former colleague John Deer in 1973 and took it public ten years later. Sir David was awarded a CBE in 1994 and was knighted in 2001. He stepped [...]

England Red Roses are great for rugby, but are they bad for business?

England Red Roses are great for rugby, but are they bad for business?

Sherlock Holmes review: The game is afoot in Regent’s Park

By: Jon Robinson

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