By: Rupert Hargreaves

Managing Editor Rupert Hargreaves is City AM's Managing Editor. He also 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 over 15 years of experience in financial journalism and holds qualifications from the CFA Institute and the Chartered Institute for Securities & Investment (CISI).

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FTSE 100 live: Market turmoil intensifies as China retaliates

April 9, 2025

The UK's blue-chip FTSE 100 slumped more than four per cent today as the global stock market rout that began at the end of last week continued.
Last Drop Distillers launches its 2025 ultra-aged whisky collection

April 4, 2025

This week, The Last Drop Distillers unveiled its 2025 Collection of three ultra-aged whiskies from America, Scotland, and Japan. Founded in 2008 by industry veterans Tom Jago and James Espey, The Last Drop has carved out a niche in the ultra-premium spirits world by hunting down forgotten barrels and long-overlooked casks from storied distilleries. With [...]
Japanese Whisky: A celebration of Japan’s culture

April 3, 2025

Whisky Business: City AM’s monthly look at the world of whisky. April 1st marked Japanese Whisky Day, the annual event designed to celebrate and showcase Japanese whisky. While the drink has gained recognition in recent years, it’s still fighting for a place on the shelf alongside Scotch, Irish and Bourbon. It might come as a surprise, [...]
LIVE: Investors brace for Trump’s ‘liberation day’

April 2, 2025

The world is bracing for Trump’s ‘Liberation day,’ with the President set to impose a fresh batch of tariffs on nations across the globe this evening. Trump will speak from the White House Rose Garden at 16:00 (21:00 BST) to unveil his new set of levies. The President’s Press Secretary Karoline Leavitt said the tariffs [...]
Zurich acquires stake in transactional insurance specialist Icen Risk

April 1, 2025

Global insurance giant Zurich Insurance is set to acquire a stake in Icen Risk, a Lloyd’s of London coverholder and a growing player in London’s specialist insurance market. Since it was founded in 2018, Icen has carved out a niche in transactional risk, notably tax and intellectual property risk in complex M&A deals. According to [...]
The award-winning Lakes Distillery launches its Signature whisky

March 27, 2025

Over the past five years, English whisky has emerged as one of the most exciting categories in the drinks business. Whiskies from distilleries across the country have been scooping up awards, with no fewer than five English single malts picking up a Gold Award at this year’s World Whiskies Awards (26th March). The Lakes Distillery [...]
Spring Statement 2025 LIVE

March 26, 2025

Chancellor Rachel Reeves has presented her Spring Statement in the House of Commons this afternoon. The headline of the release was the change in the projections by the Office for Budget Responsibility (OBR), which has slashed its growth forecast in half to one per cent as Chancellor Rachel Reeves said she was “not happy” [...]
Wetherspoons: Pub group hikes dividend despite cost warning

March 21, 2025

Pub giant J D Wetherspoon has reported a dip in profits in its half-year results despite an uplift in sales, while chairman Tim Martin warned that rising labour costs and tax disparities are set to hit the pub industry hard. Its share price fell more than seven per cent in early trades. Like-for-like sales rose [...]
Lloyd’s of London’s profit drops despite premium growth

March 20, 2025

Lloyd’s of London, the world’s leading insurance and reinsurance marketplace, has reported a profit before tax of £9.6bn for 2024, a drop from the £10.7bn reported for 2023. The market, which is made up of more than 50 leading insurance companies and over 380 registered Lloyd’s brokers, recorded gross written premiums of £55.5bn for 2024, [...]
Sabre Insurance hikes dividend as turnaround gathers speed

March 18, 2025

Sabre Insurance has reported a 105.9 per cent surge in pre-tax profit for 2024, driven by record-high premium income and strict underwriting discipline. The UK motor insurer, which has struggled to keep up with the market in recent years, reported gross written premium growth of per cent year-on-year to £236.4m. IFRS profit before tax jumped [...]

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By: Rupert Hargreaves

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