A detail of a metal vendor stand containing copies of the City AM newspaper whose title has been purchased by THG, in the City of London, the capitals financial district, on 26th July 2023, in London, England. City Am has been purchased by THG, the online health and beauty retail platform run by the multimillionaire businessman Matthew Moulding. The free newspaper distribution is 70,00 copies a day in London and the south-east.