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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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The Kia Oval cricket ground, London, during the launch of the Labour Party's plan for business. Matthew Davies / The National
UK Labour government asked, where is City of London honeymoon?

Chancellor Rachel Reeves must soon play her cards and reveal what’s in store for the City and its financial markets

BusinessAugust 26, 2024
Matthew Davies
British Airways passenger aircraft at Heathrow Airport. EPA
Flights between UK and Israel cancelled as tensions escalate in region

British Airways and Wizz Air have halted flights between London and Tel Aviv until at least Wednesday

UKAugust 25, 2024
Matthew Davies
Pavel Durov, chief executive and co-founder of Telegram, is waiting to find out if he will face charges after his arrest in France. Getty Images
Telegram app founder's arrest 'in no way political', says Macron

Pavel Durov, the billionaire chief executive of the Telegram messaging app, was detained at Le Bourget airport outside Paris

EuropeAugust 25, 2024
Matthew Davies
The British pound is hovering around year-highs against the US dollar, as the greenback falls on the expectation of deep cuts to interest rates before the end of 2024. PA
British pound strengthens on political stability and dollar weakness

Sterling has hit highs against the US currency it hasn't seen in a year, as it dips and a new UK government provides some background calm

MarketsAugust 22, 2024
Matthew Davies
British entrepreneur Mike Lynch has gone missing off the coast of Sicily. Reuters
Bayesian yacht victim Mike Lynch was brilliant tech magnate

Recently acquitted 'Bill Gates of UK' had fought wire fraud charges in California in a long-running legal battle with Hewlett-Packard

BusinessAugust 22, 2024
Matthew Davies
Scuba divers searching for those still missing after the Bayesian sank off the coast of Porticello, Sicily. AP
Darktrace mourns Stephen Chamberlain as backer Lynch is sought

Of the 22 people on board the Bayesian, one is dead and six are still missing

NewsAugust 20, 2024
Matthew Davies
Graphene is collected within part of Levidian's Loop system, which splits methane (CH4) into atoms of hydrogen and carbon. Photo: Levidian
Fighting climate change one methane molecule at a time

From gas plants in the UAE to farms in the UK, Levidian's technology takes one of the worst greenhouse gases and turns it into useful products

Road to Net ZeroAugust 16, 2024
Matthew Davies
UK Prime Minister Keir Starmer has sought to resolve industrial disputes in an effort to boost the economy. Getty Images
Will the UK economy support Keir Starmer's ambitions?

Latest GDP figures show the economy strengthening, but questions remain whether growth can be maintained and accelerated to meet the prime minister's targets

EconomyAugust 15, 2024
Matthew Davies
Kilgraston School in Perthshire, Scotland, announced it would close with immediate effect. Photo: Wikimedia Commons
Scottish private boarding school closes ahead of VAT on fees

With impending tax adding to existing financial woes, Kilgraston School in Perthshire shuts after almost a century

UKAugust 14, 2024
Matthew Davies
A mortgage rates battle has broken out between lenders after the Bank of England's 0.25 per cent cut to interest rates in early August. Getty Images
UK lenders drop mortgage rates as inflation ticks higher

Rates below 4 per cent available on many deals, as core and service sector inflation continued to trend lower in July

BusinessAugust 14, 2024
Matthew Davies
Police officers face a crowd during an anti-immigration demonstration outside the Holiday Inn Express in Rotherham, England. PA
UK government looks at social media clampdown but is wary of Elon Musk distraction

Technology Secretary Peter Kyle to meet social media firms over measures to stop the type of disinformation that sparked recent riots across England and Northern Ireland

BusinessAugust 12, 2024
Matthew Davies
For three weeks last month, passenger numbers at Heathrow topped 1.8 million per week for the first time.. Photo: Heathrow
ETA charge 'devastating for Heathrow competitiveness'

Europe's busiest airport claims the £10 per person government scheme has led to passenger numbers falling by 90,000

AviationAugust 12, 2024
Matthew Davies
Windows boarded up in Bristol as businesses brace for rioting. PA
Will the riots in Britain affect international investment?

Experts gauge the impact of violent far-right protests on international investors, just as the UK's new government is touting for business

BusinessAugust 09, 2024
Matthew Davies
Park Modern is a new-build development on Bayswater Road, on the north side of Hyde Park. Photo: David Loftus / Grant Silverman
A £60m penthouse with a new view of London's park life

A 7,000 square foot residence overlooking Hyde Park has one of the best outlooks in London, but is solidly grounded in an area undergoing a £3bn upgrade

PropertyAugust 08, 2024
Matthew Davies
An electronic board displays Tokyo Stock Exchange prices. The Nikkei rose by about 10 per cent in early trade on Tuesday. AFP
Global stock markets rally after heaviest losses since 2008

Japan's Nikkei led the rally, surging 10.4% after losing more than 12% on Monday, while Wall Street and Europe pare back losses

MarketsAugust 06, 2024
Sarmad Khan
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