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

All 221 Articles

BP chair Helge Lund to step down as Aviva chief heads search for successor

April 4, 2025

BP has announced that its chair Helge Lund will step down, with Aviva chief executive Amanda Blanc – a non-executive director for the blue-chip oil giant – set to lead the search for a successor. Lund is expected to stay on until 2026, which BP says will “ensure an orderly transition.” Blanc has said that [...]
FTSE 100 pharma giants GSK and Astrazeneca appear to swerve Trump tariffs

April 3, 2025

FTSE 100 pharma giants GSK and Astrazeneca may have escaped the worst of US President Donald Trump’s tariffs, according to a City broker. Pharmaceutical goods appear to be exempt from higher-rate tariffs introduced by President Trump in his Rose Garden ‘Liberation Day’ address on Wednesday, but there is still uncertainty about the impact on the [...]
Travis Perkins: Profit plunges as construction industry recovery remains sluggish

April 1, 2025

Travis Perkins has reported a 99 per cent plunge in operating profit in 2024, after a torrid year for the Nottinghamshire-headquartered firm. The FTSE 250 building group reported an operating profit of £2m, down from £161m in 2023, after a 4.7 per cent revenue decline. Shares in the group fell 10.4 per cent in early [...]
FTSE 100 and global markets slump and gold surges amid tariff panic

March 31, 2025

The FTSE 100 dipped 0.7 per cent as markets opened on Monday, with the FTSE 250 down a further 1.28 per cent. The moves followed a sharp drop in Asian markets overnight. The Nikkei 225 plummeted more than four per cent overnight, amid a global market panic as investor and consumer confidence drops ahead of [...]
Steel billionaire Lakshmi Mittal to ditch UK after non-dom crackdown

March 28, 2025

Steel billionaire Lakshmi Mittal is set to leave the UK, as a direct result of a government crackdown on non-domiciled residents, in favour of more tax-friendly destinations such as the United Arab Emirates, Italy and Switzerland, the FT has reported. The businessman, a former Blair-era Labour donor and Sunday Times Rich List number seven, is [...]
UK car output dips as Trump auto tariffs loom

March 27, 2025

Production of cars and commercial vehicles saw an alarming 11.6 per cent decline in February, according to new data from the Society of Motor Manufacturers and Traders (SMMT). Just 82,178 vehicles were produced – a drop of 10,787 from February 2024 – in the 12th consecutive month of falling auto manufacturing output. There was a [...]
Rachel Reeves criticises deputy for ‘clumsy’ pocket money comments

March 27, 2025

Rachel Reeves has criticised her deputy – Chief Secretary to the Treasury Darren Jones – for “clumsy” comments in which he compared slashing disability benefits to taking away a child’s pocket money. The Chancellor told BBC Radio 4’s Today Programme: “No, he was clumsy in his analogy, and he’s apologised for that.” She added: “Of [...]
Trump slaps 25 per cent tariffs on all car imports

March 27, 2025

President Trump announced late on Wednesday that he will impose a universal 25 per cent tariff on all car imports into the US, just hours after the Office for Budget Responsibility warned that fresh tariffs would erase Reeves’ newfound fiscal headroom. These new levies are part of a package of anti-trade measures from 2 April, [...]
Bellway’s profit jumps amid soaring output

March 25, 2025

Bellway has reported a 12 per cent rise in profit, alongside a significant boost in its output – in an indication that the housebuilding sector is seeing a rebound. Profit before taxation has risen to £150.2m, from £134.2m last year. The firm reported 4,577 housing completions in the half-year to January – up from 4,092 [...]
Heathrow Airport to restart some flights following fire

March 21, 2025

Heathrow Airport has announced it is able to “begin some flights later today” following a day of heavy disruption. The West London airport has been shut for the whole of Friday following a nearby electrical fire at a substation. According to the National Grid, an “interim solution” has been put in place to resupply Heathrow. [...]

Stop burying us in swollen corporate reports, says audit watchdog boss

How Britain can stay clear of rivals as home of overseas sport club owners

Why the Loire Valley is about so much more than fairytale castles

By: Matt Kenyon

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