By: Matt Kenyon

Digital Editor Matt Kenyon is City AM's Digital Editor. He oversees digital strategy for editorial, whilst writing the odd feature for the paper and co-hosting the Business As Usual podcast. You can reach him at matt.kenyon@cityam.com

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Smart Pension invests £330m into Octopus Energy fund as Mansion House Accord bears fruit

July 29, 2025

Smart Pension has made a £330m investment into two funds managed by Octopus Energy in an early sign the Chancellor’s Mansion House Accord is beginning to bear fruit. The pensions firm, which has more than £7bn in assets under management, said the commitment will represent 5 per cent of the portfolio of its default fund, [...]
WH Smith sells Funky Pigeon brand for £24m in travel pivot

July 29, 2025

WH Smith has sold its Funky Pigeon brand to Card Factory, as the retailer sheds legacy assets ahead of a pivot towards becoming a pared down travel retailer. The Bristol and Guernsey-based novelty greeting cards line was sold for £24m, with Card Factory looking to integrate its technology into its consumer business. Funky Pigeon’s sale [...]
Trump hails relationship with Starmer – but no steel exemptions yet

July 28, 2025

In a Scottish golfing holiday that has swiftly given way to a multi-sided international summit, Keir Starmer has held a bilateral meeting with Donald Trump which has spanned from the UK-US trading relationship to immigration policy and international conflicts. Business secretary Jonathan Reynolds had tempered expectations of immediate steel tariff progress ahead of the meeting, [...]
Goods now make up just 40 per cent of UK exports

July 28, 2025

The proportion of UK exports made up of goods has sunk to a record low, with the economy ever more dependent upon services. That’s according to analysis done by the Financial Times based on Office for National Statistics (ONS) data, which found that goods now account for just 40.8 per cent of exports. Back in [...]
Jonathan Reynolds slams wealth tax as ‘daft’ in broadside against Labour left

July 25, 2025

Jonathan Reynolds has dismissed the prospect of a wealth tax as “daft”, amidst repeated warnings from the City that the policy would damage the UK economy. In a podcast interview with GB News, the business secretary told those on the left of the Labour party: “Get serious!” Reynolds insisted that much of Labour policy already [...]
Five day doctors’ strikes begin as Wes Streeting-BMA talks break down

July 25, 2025

Resident doctors – formerly known as junior doctors – led by the British Medical Association (BMA) began a five-day strike on Friday morning, set to last until 7am on Wednesday. Health secretary Wes Streeting said on Thursday evening that strike action should have been a “last resort”, and “we did not need to be in [...]
Trump Scotland visit: Starmer to push for zero steel tariffs

July 25, 2025

President Trump kicks off his golfing holiday in Scotland this evening, and all eyes are on his diary as the trip looks set to become a hub for diplomacy. Sir Keir Starmer will meet the US President on Monday, with the express mission of pressing for reduced tariffs on British steel. The two leaders are [...]
Doctors strike: Streeting floats student loan write-off in BMA meeting

July 18, 2025

Wes Streeting could offer to write off student loan debt for doctors to persuade the British Medical Association (BMA) to call off a planned strike. The idea came up in an extended meeting between the health secretary and the medical union, just a week out from a five day walkout which could involve as many [...]
Minister says only ‘average incomes’ up to £39k safe from Reeves’ tax hikes

July 15, 2025

A government minister has said that Labour will stick to its manifesto commitment not to raise personal taxes, at least for those on “average incomes” – earning up to £39,000. Successive ministers over multiple days of media rounds have been caught in an increasingly tangled mess of definitions of what it means to be “wealthy”, [...]
Treasury minister Darren Jones struggles to define ‘modest income’

July 14, 2025

Chief Secretary to the Treasury Darren Jones says Labour’s “working people” tax pledge refers to “anyone that gets a payslip, basically”. Rachel Reeves’ deputy was asked across multiple interviews on Monday morning to clarify who exactly would be shielded from tax hikes, and whether Labour’s pre-election promises not to raise levies on “working people” will [...]

Retail sales ‘sluggish’ as shoppers feel cautious ahead of Budget

AJ-Fury tickets in Cardiff on sale for £20,000

Wild Horse Nine review: Martin McDonagh plays the hits in crime caper

By: Matt Kenyon

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