Reeves must listen to supermarkets rather than lecture them April 1, 2026 Supermarkets begin preparing for Christmas at least six months before the anticipated peak of customer demand hits around December 23. Catering for this entirely predictable surge is in itself an astonishing commercial and logistical feat, but a little over six years ago the UK’s supermarkets were in the midst of an unprecedented challenge. As pandemic [...]
Iconic City dining spot set to relocate to new rooftop location March 30, 2026 One of the Square Mile’s most famous restaurants is set to move location. Coq d’Argent, the French restaurant on the rooftop of the No 1 Poultry building near Bank, opened in 1998 and has upkept its reputation as one of the most reliable lunch spots for almost three decades, only last year winning City AM’s [...]
Mortgage approvals bounce back after two-year low March 30, 2026 Mortgage approvals have bounced back after slumping to a two-year low last month, suggesting the property market was regaining momentum before the Iran war shocked global markets. The number of approved mortgages for house purchases increased to 62,600 in February, up from the two-year low of 60,200 in January, according to the Bank of England. [...]
For FSCS sake: Meet the body that protects Britain’s savers in a financial crisis March 30, 2026 As echoes of 2008 percolate through the banking system, the body that serves to protect Britain in a financial crisis says it’s ready to weather any storm. A combination of fears around private credit, the “stretched” value of artificial intelligence firms and more recently, concerns around a global energy shock, have made top bankers sound [...]
FTSE 100 Live: OECD slashes UK growth prospects as inflation set to jump March 26, 2026 Good morning and welcome back to the City AM liveblog. The White House’s Press Secretary has said the US is “very close” to meeting its objectives in the Iran war, though offered no specific timeline on when the conflict could come to a close. But Iran’s foreign minister has said the country has “no intention [...]
FICO UK Credit Card Market Report: January 2026 March 23, 2026 Persistent financial pressures evident as customers reduce spend and focus on paying credit card bills, but missed payments remain high
Fortress prepares to offload Majestic Wine March 21, 2026 The owner of Britain’s biggest specialist wine retailer are drawing up plans to offload the retailer nearly seven years after its operations were bought out of its London-listed company. Fortress Investment Group is in the early stages of preparing to launch a sale of Majestic Wine, which it took control of in 2019, according to [...]
Streaming surpasses free-to-air TV in key European markets, research shows March 19, 2026 Streaming has already surpassed linear television in key European markets, new research released this week shows. Fans now consume a larger share of sport via digital platforms than free-to-air television in Italy and Spain, with Iberian audiences watching around 40 per cent more of their sport through streaming services, according to Altman Solon’s Global Sports [...]
City AM Awards 2026: Meet the Finalists March 18, 2026 And the nominees are…. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of the UK’s most prominent business leaders, known for his straight talking and punchy views across a range of topics including UK entrepreneurship, the business environment, capital markets and, of course, energy. In August [...]
Virgin wines looks to Gen-Z wine-lovers for growth after suffering loss March 17, 2026 Online retailer Virgin Wines turned a loss but remains confident a surge of Gen-Z drinkers who no longer view wine as “elitist” will push the firm into the black. The wine seller made a £400k pre-tax loss in the first half of the year, down from a £1.3m profit last year, but saw revenue grow [...]