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By: Simon Hunt

City Editor Simon Hunt is City editor at City AM, covering the economy and financial markets. He was previously business correspondent for the Evening Standard and a reporter for Bloomberg News.

All 452 Articles
  • Money Supermarket doubles down on AI in push to placate investor fears

    AI

    Money Supermarket’s owner has doubled down on its commitment to AI after investor anxieties that the technology could erode its business sent the stock tumbling earlier this month. FTSE 250 firm Mony, which owns the price comparison site alongside news website Money Saving Expert and vouchers business Quidco, said it was “shifting to mandation” for [...]

    Price comparison chart showing trends in consumer goods costs for a business analysis report
  • Checkout.com defies AI job fears with hiring spree

    Fintech

    Checkout.com has defied fears of a slowdown in tech company recruitment after one of Britain’s most valuable private tech firms ramped up hiring despite widespread implementation of new AI tools. Top tech companies have reportedly pared back hiring of junior staff, which much of the work of junior recruits becoming automated by artificial intelligence. New [...]

    Pousaz in a business setting discussing new trends in the industry
  • The Works shares jump after activist investor ups stake

    Retail

    Shares in The Works jumped on Monday morning after a well-known small cap activist investor upped its stake in the retailer. The high street staple, which has more than 500 stores across the UK, had been trading with a market cap of just £20m despite turning over more than £250m annually. According to activist investor [...]

    The Works store at Westfield Shepherds Bush with increased foot traffic after activist investor boosts stake in retailer
  • FTSE 100 Live: Stocks jittery after Trump tariffs; Job vacancies fall

    February 23, 2026

    Good morning and welcome back to the City AM liveblog. Tariffs are once more redefining market sentiment. Last Friday, a number of FTSE 100 stocks popped on the news President Donald Trump’s ‘Liberation Day’ levies had been struck down by the US Supreme Court. It marked a major boost to global markets after the top [...]

  • Diageo, Burberry rally after Trump tariff ruling

    February 20, 2026

    Shares in two of the FTSE 100’s biggest retailers rallied on Friday afternoon after it was revealed President Trump’s sweeping global tariff regime had been struck down by the top US court. Burberry shares ended the day’s trading session up 3.2 per cent to 1,212p, while Diageo jumped 3.9 per cent to 1,851p after the [...]

  • Money Supermarket integrates with ChatGPT in battle to fend off AI threat

    February 20, 2026

    Money Supermarket has launched its own ChatGPT app as the comparison service seeks to quell investor fears over the threat to its business from AI. The new ChatGPT app allows users to access Money Supermarket services directly within the ChatGPT interface, creating a conversational way to search, compare and find deals, without leaving the chat [...]

  • FTSE 100 Live: Retail sales inch up; Segro ups dividend

    February 20, 2026

    Good morning and welcome back to the City AM liveblog. The FTSE 100 took a breather from its blistering record run on Thursday after a major stock tumble at British Gas owner Centrica led the index into the red. Centrica shed over five per cent after telling markets it would hit pause on its share [...]

  • I went to the Winter Olympics but I found Milan shrugging its shoulders

    February 19, 2026

    Milan is parading its beauty at the Winter Olympics. The sun is out, the centuries-old streets are majestic and pristine. Prada, Gucci and Ralph Lauren logos plaster every corner, and there is no shortage of Michelin Guide restaurants. It’s no surprise that London has been haemorrhaging non-doms and wealthy investors to this glorious metropolis. But [...]

  • Annabel’s profit trebles as Mayfair club defies hospitality gloom

    February 16, 2026

    One of London’s best-known private members clubs has shrugged off wider hospitality gloom after posting a near-tripling of profit. Mayfair-based Annabel’s, which has been based on Berkeley Square since the 1960s, toasted a pre-tax profit of £12.4m in the year to January 2025, a rise of 184 per cent on the previous year. Revenue over [...]

  • Oak Furnitureland pares back losses as firm eyes showroom expansion

    February 16, 2026

    Oak Furnitureland is eyeing further showroom expansion after the retailer improved its profitability. The Swindon-based business is targeting a host of new stores over the course of 2026 following the opening of a new showroom in Coventry in September, and is eyeing a refurbishment of at least half of its existing store estate by the [...]

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