By: Rupert Hargreaves

Rupert Hargreaves is City AM's Chief Operating Officer. He was previously the Managing Editor and City AM's News Editor. Today he edits Whisky Business: City AM's monthly look at the world of whisky and covers the insurance sector, including Lloyd's of London. Before joining City AM, he helped lead the digital team at MoneyWeek, the UK's best-selling financial magazine. Rupert has nearly 20 years of experience in financial journalism and holds qualifications from the CFA Institute and the Chartered Institute for Securities & Investment (CISI).

Connect on socials

All 306 Articles

Shell’s profit drops on weaker refining margins

October 31, 2024

Shell’s earnings fell slightly last quarter after profit margins declined at its refining business amid weaker global demand for oil. The oil and gas giant said adjusted earnings were $6.03bn (£4.65bn), down from $6.2bn during the same period last year. However, the figure comfortably beat a company-provided analyst consensus of $5.4bn (£4.1bn) and Shell confirmed [...]
Autumn Budget 2024 Live: Rachel Reeves unveils sweeping tax reforms

October 30, 2024

Welcome to City AM’s Autumn Budget 2024 live blog in association with RBC Wealth Management. The Chancellor, Rachel Reeves, has set out out Labour’s tax and spending plans for the year ahead in the party’s first budget since coming to power over the summer. The Budget contains some of the biggest tax hikes in a [...]
BP beats estimates despite lower oil prices

October 29, 2024

FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter. On Tuesday, it posted an underlying replacement cost profit, used as a proxy for net profit, of $2.3bn (£1.8bn) for the three months to 30 September. The figure beat analyst expectations of $2.1bn (£1.6bn), according to an LSEG-compiled consensus. However, the figure [...]
Unilever: Dove and Magnum owner shrugs off economic concerns

October 24, 2024

Consumer goods giant Unilever has reported a period of strong growth as demand for its so-called power brands surged. In a trading update for the third quarter of 2024, the company said it had recorded underlying sales growth of 4.5 per cent compared to the prior year across its main divisions, with volume growth of [...]
Dunelm: Consumer demand for sofas boosts group

October 24, 2024

Dunelm, the UK’s leading homewares retailer, has reported an uptick in revenue for the 13-week period ending 28 September as consumers continued to spend money on home updates. The company reported sales of £403m for the period, up 3.5 per cent compared to the same period last year. The company reported digital sales, as a [...]
Barratt Redrow: Builder outlines growth plans after merger

October 23, 2024

Barratt Redrow outlined its growth plans today in its first trading update as a combined group. Created by the merger of homebuilders Barrett and Redrow, the combined group has laid out plans to build 22,000 homes a year in the medium term. That would make it one of the UK’s largest house builders. In its [...]
Reckitt: FTSE 100 giant’s revenue slides amid restructuring

October 23, 2024

Reckitt has reported a drop in like-for-like revenue as the company continues to struggle after the pandemic. For the third quarter the company reported like-for-like net revenue growth of -0.5 per cent, although revenue increased 0.4 per cent for the year to 30 September. Overall, the group reported a net revenue decline of four per [...]
Russian spies plotting to cause ‘mayhem’ on streets of UK and Europe

October 8, 2024

The Russian intelligence service is on “a sustained mission to generate mayhem” on UK streets, the head of MI5 has warned. Ken Mccallum said GRU agents have carried out “arson, sabotage and more dangerous actions” in Britain amid the UK’s support for Ukraine in the war between the two nations. Speaking at the counter-terrorism operations [...]
Imperial Brands: FTSE 100 giant hikes shareholder returns as debt falls

October 8, 2024

Today, the tobacco group Imperial Brands has hiked its shareholder returns for the year as net debt has continued to decline. In a pre-close period trading update, the company said it was trading “in line with expectations” for the year, with growth at both its tobacco and next generation product (NGP) lines. The company added [...]
British Land splashes out on portfolio of retail parks

October 3, 2024

Property giant British Land announced this morning that it has acquired a portfolio of seven high-quality retail parks for £441m. The company said the deal would be funded from existing resources as well as an equity placing of approximately £300m, by way of an accelerated bookbuild offering. The group acquired the retail parks from Canadian [...]

Why HMRC is huge Premier League transfer window tax headache

Why HMRC is huge Premier League transfer window tax headache

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

By: Rupert Hargreaves

All 306 Articles

Subscribe