Pressure of Truth
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Outlet profile

City AM

UK pro-business, free-market right-of-center

Owned byOwned by THG Ingenuity, the technology and services arm of THG (the e-commerce group led by founder Matthew Moulding). THG bought City AM out of administration in July 2023. Before that, it was owned by a company controlled by its founders and investors.
FundingMainly advertising, in print and online. The print edition is a free daily handed out in London's financial districts. Events and sponsored or branded content add some revenue. Since the 2023 purchase it has also had backing from its corporate parent.
On the administrationmostly neutral

Background

City AM launched in September 2005 as a free weekday newspaper aimed at City of London workers. Its founders were Lawson Muncaster and Jens Torpe, and its launch editor was David Parsley. It is a tabloid, handed out at stations and offices in the financial districts, with a website covering business, finance, politics and regulation. The paper has long backed free markets, lower taxes and light regulation, and it supported Brexit. In 2023 the publisher went into administration, and THG, the online retail group, bought it that July through THG Ingenuity. Christian May returned as editor-in-chief in summer 2024. Print circulation was reported at about 68,000 as of January 2026. Its slant is best described as pro-business and center-right, and it often runs commentary from think tanks and business figures who share that view. My search results did not turn up specific recent reporting on its Trump coverage, so the administration stance is a cautious estimate: its Trump coverage is likely to focus on economic effects, such as tariffs, and to be neither strongly supportive nor strongly critical.

Sources

  1. City A.M. (Wikipedia)
  2. City AM trumpets resurgence of print profitability (Press Gazette)
  3. London's City AM Newspaper to Go Into Administration (Bloomberg Law)
  4. City AM - ABC

Profile compiled 2026-10-12; refreshed when ownership, funding, or the administration changes.

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