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 537 Articles

London local elections 2026: Who will win in Kingston upon Thames?

London

In the Lib Dems’ leafy heartlands, campaigns have included demands for an M&S. But a third runner has entered the traditional two-horse race with the Tories in Ed Davey’s own backyard – the Kingston Independent Residents Group. Kingston upon Thames is both the geographic and the spiritual home of the Liberal Democrats. The leafy south [...]
London local elections 2026: Who will win in Kensington and Chelsea?

London

Control of this Tory stronghold has not changed since it was created in 1965, as one of the few London boroughs with a double placename in its title. But after a slew of resignations and cross-party defections, and with both Reform and the Green Party on the rise, the UK’s poshest council could soon have [...]
London local elections 2026: Who will win in the borough of Islington?

London

Labour’s dominance makes it almost a one-party authority here. But the Greens are on the march backing rent control after big-name infighting between the likes of Jeremy Corbyn and Keir Starmer means no shortage of political drama. At first glance, Islington Council’s composition is like North Korea’s. It is all-but a one-party authority. At the [...]

Diageo shares jump as World Cup hype helps drinks giant back to sales growth

May 6, 2026

Shares in Diageo jumped on Wednesday morning as high hopes for a high-drama World Cup has helped lift the drinks firm’s sales back into positive territory. The Guinness and Johnnie Walker maker, which has been battling a slowdown in demand for spirits, said it had seen “some benefit” of “advance sales” ahead of the start [...]
FTSE 100 Live: Stocks jump; oil dips below $100 as Trump says Iran deal close

May 6, 2026

Good morning and welcome back to the City AM liveblog. Brent crude dipped below $100 at Wednesday lunchtime after Donald Trump has hailed “great progress” towards a “final agreement” with Iran, prompting a rally in the FTSE, Asian markets and Wall Street. In a sudden reversal late last night, President Trump said he will pause [...]
Supermarket inflation: Falling oil prices help keep costs down at the till

May 6, 2026

Thank goodness for the price of oil. No, not Brent crude – the stuff that has sent costs at the pump up sharply since the outbreak of war in Iran – but cooking oil. A 500ml bottle of rapeseed oil fell by an average of 14 per cent between April and May across three supermarkets [...]
Corvera co-founder: Brits have it too comfortable

May 5, 2026

The boss of Corvera has said Brits take a too comfortable, risk-averse approach after moving his AI startup from London to San Francisco. Corvera co-founder and chief executive Christopher Kong, an Oxford graduate who launched a fast-growing vegan food range before setting up the AI business in October last year, said he found it easier [...]
‘Clear risk signal’: Gilt yields hit 28-year high as investors weigh Starmer’s future after local elections

May 5, 2026

Gilt yields have risen to their highest rate since 1998 as investors weigh the odds of Keir Starmer being ousted following what is widely expected to be a major defeat for Labour at the local elections. The yield on 30-year government bonds rose 11 basis points on Tuesday to hit 5.76 per cent, topping the [...]
Palantir revenue rockets past forecasts

May 5, 2026

Revenue at Palantir rocketed past analyst forecasts as the AI-powered firm ramped up commercial and government deals. The US tech firm posted revenue of $1.6bn (£1.2bn) in the first three months of the year, above investor expectations of $1.5bn and 85 per cent ahead of last year. The firm upped its revenue guidance to $7.6bn [...]
FTSE 100 Live: Gilt yields surge over Starmer fears; Intel, Pinterest shares rocket

May 5, 2026

Good morning and welcome back to the City AM liveblog. Gilt yields have risen to their highest rate in nearly thirty years, as markets weigh up the prospect of an ousted Keir Starmer and lurch to a more left-wing government that might follow. The yield on 30-year government bonds rose 11 basis points on Tuesday [...]

Fifa defends World Cup ticket prices: ‘We had to apply market rates’

Fifa defends World Cup ticket prices: ‘We had to apply market rates’

Alex Dilling: Mastering the art of French cooking

By: Simon Hunt

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