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By: Felix Armstrong

Retail Reporter Felix Armstrong is CityAM's retail reporter, covering retail, hospitality and property news. He has previously written for The Times, The Guardian, The Telegraph and The i Paper. Email Felix at [email protected]

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All 408 Articles
  • Reeves rent freeze proposal dubbed ‘disaster’ for renters and landlords

    April 28, 2026

    Rachel Reeves has fuelled rumours she is considering a rent freeze as leading economists said the policy would be a “disaster” for renters and landlords. Addressing the Commons on Tuesday afternoon, the Chancellor was asked by a Labour MP to implement a freeze on private rents. “I will do everything in my power and use [...]

  • Tories pledge to scrap mandatory time off for union reps

    April 27, 2026

    The Conservative Party has pledged to scrap the legal requirement for employers to offer paid time off for union representatives. Tory shadow business secretary Andrew Griffith will announce the policy on Monday, which he says will free up taxpayer cash to be spent on cutting NHS waiting lists and filling potholes. Union reps are currently [...]

  • Government urged to reform ‘growth killer’ business rates

    April 27, 2026

    Britain’s largest industry body has called on the government to urgently reform business rates, which it says is a “growth killer”. The Confederation of British Industry (CBI) has said the government should keep its manifesto pledge to reform the business rates system as a matter of urgency.  Business rates is a tax determined by the [...]

  • Guaranteed hours rules would threaten jobs, government warned

    April 27, 2026

    Four leading trade bodies have warned the government that new rules around guaranteed hours would increase unemployment and prevent young people from entering the jobs market. The industry bodies have raised concerns over Labour’s guaranteed hours policy, a part of the Employment Rights Act which became law in December. The British Retail Consortium, Food and [...]

  • ‘National scandal’: Record-high shoplifting driven by repeat offenders

    April 26, 2026

    Shoplifting has been branded a “national scandal” as incidents reach a record high, fuelled by a growing number of repeat offenders.  More than 500,000 shoplifting offenses were recorded last year, according to official figures released in response to a parliamentary question by former Conservative Party leader Iain Duncan Smith. Fears around the worsening state of [...]

  • King’s Speech to unleash wave of City reforms

    April 26, 2026

    A host of Canada reforms will be set in stone at next month’s King’s Speech, as the Prime Minister hopes to use the moment to turn a corner from doubts over his leadership. Impending reforms, including scrapping the payments watchdog and overhauling the financial ombudsman, are set to be legislated in the financial [...]

  • Economy could suffer for eight months after Iran war ends, minister says

    April 26, 2026

    Surging food and energy prices caused by the Iran war could last for more than eight months after the conflict ends, Starmer’s right-hand man has said.  Higher petrol, food and plane ticket prices will persist for “eight-plus months” following the end of the conflict, chief secretary to the Prime Minister Darren Jones said.  The minister [...]

  • WH Smith successor delays ‘aggressive’ restructuring which will shut stores

    April 26, 2026

    The private equity financiers who run nearly 500 former WH Smith stores have delayed announcing an “aggressive” restructuring which could force the closure of up to 100 stores. Modella Capital, the Mayfair equity firm which runs hundreds of the stationer’s former stores, has run into financial difficulties and was due to unveil rescue proposals last [...]

  • ‘Waste of time’: Trump cancels envoys’ trips to Pakistan for Iran talks

    April 26, 2026

    Donald Trump has cancelled a trip by US envoys to Pakistan to hold more peace talks with Iran, shortly after Tehran’s delegation left Islamabad.  The US President said special envoy Steve Witkoff and son-in-law Jared Kushner would be wasting “too much time” on the trip, accusing Iran’s delegation of “tremendous infighting and confusion”. The collapse [...]

  • Mondi shares slump over Iran war cost warning

    April 24, 2026

    Shares in paper and packaging giant Mondi have slumped after the firm revealed it is facing soaring costs as a result of the Iran war. The FTSE 100 firm saw its share price drop by more than six per cent in early trading, as it warned it has already faced higher energy, raw material and [...]

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