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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

An Oxford Economics study indicates Rachel Reeves's budget plans for UK non-doms will actually cost money, not raise revenue. Nick Donaldson / Chris Whiteoak for The National / Getty Images
Foreign investors warn UK non-dom budget changes will lose Treasury £900m

Despite predictions of raising £3bn, research suggests true cost of new measures could accelerate emigration plans of wealthy foreign investors

BusinessNovember 18, 2024
Matthew Davies
Tourists on Mai Khao Beach in Thailand. The rise of AI will improve travellers' booking experiences, according to experts. Getty Images
Where will artificial intelligence take the global travel industry?

AI and its application in the tourism business is a top talking point but it's hard to see it living up to the hype

TechnologyNovember 15, 2024
Matthew Davies
A Burberry shop in London. The company is expected to post sales figures down 20% on Thursday. Bloomberg
Burberry sales expected to fall by 20% amid luxury slowdown

Clothing brand is forecast to post a £45 million loss in its half-year results, as rumours of a takeover persist

BusinessNovember 13, 2024
Matthew Davies
UK Chancellor Rachel Reeves is thought to favour pooling local authority pension money, creating a £400 billion pot to invest in projects. EPA
UK Chancellor to 'unlock billons' through major pension reforms

Chancellor to use her first Mansion House speech to 'spell out the next phase' of Labour’s plan in government

BusinessNovember 12, 2024
Matthew Davies
Pro-Palestinian protesters face off with Dutch police in Amsterdam city centre, having ignored a ban on demonstrations. EPA
Dozens arrested in Amsterdam for defying protest ban

Pro-Palestinian activists detained after ban prompted by clashes between Israeli football fans and groups of youths

EuropeNovember 10, 2024
Matthew Davies
King Charles during the Remembrance Sunday service at the Cenotaph in London. PA
King Charles leads UK's Remembrance ceremony at Cenotaph in London

Princess Kate attends service, as she gradually returns to public duties following treatment for cancer

UKNovember 10, 2024
Matthew Davies
About 130,000 people march to the centre of Valencia, protesting over the official handling of the flooding disaster on October 29. EPA
More than 100,000 protest in Valencia over 'shameful' flood response

Crowd demands resignation of regional leader Carlos Mazon and accuse administration of failing to send warnings to mobile phones

EuropeNovember 10, 2024
Matthew Davies
Rolls-Royce is shutting down its Advanced Air Mobility division. Photo: Rolls-Royce
Rolls-Royce grounds its electric flying taxi operations

Aerospace engineering company has shelved its ambitions to take off in the eVTOL market

AviationNovember 08, 2024
Matthew Davies
The opening day of the World Travel Market 2024 at ExCeL in London. Matthew Davies / The National
Saudi Arabia looks to attract visitors to a host of new destinations

Kingdom unveils a number of new options for travellers as it seeks to draw year-round tourist numbers, at its World Travel Market pavilion in London

BusinessNovember 06, 2024
Matthew Davies
Tourists look at the Burj Khalifa in Dubai. Events such as the Expo have boosted tourism within the GCC region. Chris Whiteoak / The National
Middle East tourist numbers have doubled since pandemic

Global Travel Report 2024 shows overnight visitor numbers driven by rapid intra-GCC growth

BusinessNovember 05, 2024
Matthew Davies
The £6.75 million Saatchi art house was the last property to be sold in London's Mayfair before the budget last week. Photo: Wetherell / Casa E Progetti
Sell-off of prime London properties hits £400m in rush before UK budget

Sale of Saatchi art house for almost £7m results in £125,000 stamp-duty saving after Chancellor raised tax

PropertyNovember 04, 2024
Matthew Davies
Donald Trump has said he considers 'tariff' to be 'the most beautiful word in the dictionary'. Getty Images / The National
Tariff time? Europe braced for trade showdown if Trump regains White House

Republican candidate has promised tariff of at least 10 per cent on all goods coming into the US, 60 per cent on goods from China and 200 per cent on cars from Mexico

BusinessNovember 02, 2024
Matthew Davies
Chef Izu Ani prepares a dish in the open kitchen of his La Maison Ani restaurant in London as senior head chef Elias Saoud and a chef de partie look on. Photo: Antonioni
Restaurant of the weekLa Maison Ani London offers a journey from Dubai to Knightsbridge

Chef Izu Ani offers a tapestry of culinary experiences with impeccable service to boot

FoodNovember 01, 2024
Matthew Davies
Chancellor of the Excheque Rachel Reeves, poses with the traditional red despatch box as she leaves 11 Downing Street to present the government's annual budget to parliament. Getty Images
Chancellor says 'invest, invest, invest' will drive UK growth

Chancellor increases taxes to 'restore stability' of the UK economy

UKOctober 30, 2024
Matthew Davies
Chancellor Rachel Reeves on the way to Parliament to make her Budget speech. AFP
What's in the UK autumn budget 2024?

Chancellor Rachel Reeves said she would raise £40 billion, but was constrained by a Labour Party pledge not to increase income tax

UKOctober 30, 2024
Matthew Davies
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