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Matthew Davies

Matthew Davies

London Business Reporter
Matthew has been working as a financial journalist in London for more than 25 years. For almost 20 years, he was with the business and economics unit of the BBC, where he worked as a reporter, producer and presenter on World Service, delivering reports and programmes from across the United States, Europe and Africa. He also spent several years in Johannesburg as the editor of Africa Business Report, a weekly TV programme on BBC World. In his time, he’s reported from Davos to Detroit, from Estonia to Ethiopia and from Romania to Rwanda. Having initially trained as an accountant with Deloitte, he started his career as a financial journalist on the city desk at Independent Radio News (IRN). He has also worked for ITN, Reuters Television, Bloomberg and CNBC Europe. He has a degree in International Relations, is married and lives in London.
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Articles

The London skyline. While 18 companies joined the London Stock exchange during last year, 88 left. PA
Record number of companies quit London Stock Exchange last year

Eighty-eight businesses chose alternative markets due to liquidity issues and higher costs in London

MarketsJanuary 06, 2025
Matthew Davies
From January 1, Sustainable Aviation Fuel must make up at least 2 per cent of all jet fuel used in UK commercial flights this year. Photo: Nick Morrish
Greener British Airways 'washes its hands' of loyalty leisure travellers

Sustainable aviation fuel credits become eligible for tier points but frequent flyers accuse airline of ‘greenwashing‘ its loyalty system revamp

AviationJanuary 03, 2025
Matthew Davies
The Kingdom Arena in Riyadh, built in partnership with Sela, is SIS Pitches’ flagship project in the Middle East. Picture: SIS Pitches
Gulf-UK trade deal has a sporting chance, minister says

Trade policy minister Douglas Alexander points to soaring sports trade between Britain and GCC as evidence of need for free trade agreement

BusinessJanuary 02, 2025
Matthew Davies
Britain's Prime Minister Keir Starmer and Chancellor of the Exchequer Rachel Reeves. AFP
Gamble with UK economic growth is not paying off

With a rise in inflation and possibility of a recession, who is to blame as economy struggles under new political leadership?

EconomyJanuary 01, 2025
Matthew Davies
The survey findings show an increase in optimism among UK businesses, despite disappointing recent economic data. Matthew Davies / The National
UK industry to invest more in AI and automation tech in 2025

Survey by Lloyds Banking Group also finds 70 per cent of companies expect to increase turnover next year

EconomyDecember 30, 2024
Matthew Davies
The £2 billion development called 1 Mayfair by Caudwell has a waiting list of 600 ultra-rich people. Prices start at £35 million. Photo: Caudwell
Mega-rich step back from London's top property market ... for now

Tax changes in the UK put trophy house hunters in a buyers' market in late 2024

PropertyDecember 30, 2024
Matthew Davies
Nicola Coughlan as Penelope Featherington in Netflix production Bridgerton. Photo: Netflix
Lights, camera, cash: UK TV and film is booming but is everyone in on the action?

Investment from Netflix, Amazon and Hollywood studios is flowing into productions in the UK but some say independent British filmmakers are missing out

Film & TVDecember 27, 2024
Matthew Davies
A workman cleans panels at a solar farm near Abingdon, Oxfordshire. The 46 megawatt capacity installation was the largest in the UK when it was completed in 2014. Getty Images
Sunshine squabbles: Why solar farms are raising the temperature in rural Britain

Opposition to a huge solar project on land linked with Winston Churchill illustrates pushback from communities over the UK government's plan to generate power

Road to Net ZeroDecember 24, 2024
Matthew Davies
A window display at Prada's Bond Street store in London. Prada posted an 18 per cent rise in sales in the nine months to the end of September. Getty Images
Prada is a luxury goods star but it's a devil of a time for the rest

Italian designer brand has fared better than rivals this year, but Europe's luxury goods makers are fretting over what 2025 may bring

BusinessDecember 20, 2024
Matthew Davies
Shoppers in London. UK inflation rose by 2.6 per cent in November, up from 2.3 per cent in the previous month and compared to 1.7 per cent in September. EPA
Bank of England keeps rates on hold in the face of rising inflation

UK inflation was 2.6 per cent in November, driven higher by rising petrol and clothing prices and economists expect it rise further into the New Year

EconomyDecember 18, 2024
Matthew Davies
Heathrow said its two-year upgrade will improve all terminals, including baggage delivery. Reuters
Heathrow to get £2.3bn upgrade after Saudi Arabia's PIF takes stake

London airport has boosted its investment plans days after Saudi sovereign wealth fund and French firm Ardian complete deal

AviationDecember 18, 2024
Matthew Davies
The Houthis said they began their attacks on shipping in solidarity with the Palestinians and in retaliation on for Israel’s military action against Hamas in Gaza. Getty Images / The National
How the Red Sea threat has surged despite US-led naval patrols

Houthi attacks on shipping have persisted for more than a year, with no end in sight

MENADecember 17, 2024
Tariq Tahir
British Prime Minister Keir Starmer and Norwegian Prime Minister Jonas Gahr Stor meet in Bergen. AP
UK and Norway launch cross-border carbon capture project

Countries commit to green energy partnership and to 'identify gaps and challenges' in developing North Sea as carbon storage hub

Road to Net ZeroDecember 15, 2024
Matthew Davies
The Israeli embassy on Shelbourne Road in Dublin. PA
Israel to close embassy in Dublin after accusing Ireland of 'crossing every red line'

Move comes after Ireland threw its support behind ICJ genocide petition last week

EuropeDecember 15, 2024
Matthew Davies
A container ship from MSC leaves the port of Tokyo. After several years of negotiation, the UK joined the CPTPP trade bloc on Sunday. AFP
UK joins Indo-Pacific trade bloc in move to 'boost trade and create opportunities for UK companies abroad'

Britain has become the first European nation to officially sign up to the 11-member CPTPP, but the economic benefits are limited

BusinessDecember 15, 2024
Matthew Davies
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