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.

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Easyjet board reaches agreement over £5.2bn Castlelake takeover

Markets

The board of Easyjet is poised to accept a takeover bid by private equity firm Castlelake, in a move that could add the airline to a growing list of blue-chip companies that have unveiled plans to quit the London Stock Exchange since the start of the year. The offer of £6.90 per share, the fifth [...]
Exclusive: Top FTSE executive recruiter goes bust after AI platform launch

Business

A City-based boutique recruitment consultancy which has won executive-level talent for a host of FTSE firms has plunged into insolvency after pumping investment into an AI platform, City AM can reveal. Savannah Group, which has recruited directors and executives for the likes of Starbucks, hospitality giant Fullers, Burger King, Aston Martin, and global cruise titan [...]
Richard Desmond puts £1bn Westferry development up for sale

Property

A £1bn residential development on the doorstep of London’s financial district has been put up for sale by its billionaire owner, City AM can reveal, in the latest twist in a long-running saga over the future of the project. The Westferry Printworks, which is owned by former newspaper baron Richard Desmond and promises to deliver [...]

Square Mile Irish pub to be converted into youth hostel

July 2, 2026

A Square Mile Irish pub is set to be converted into a youth hostel in the latest sign of the City’s gradual transformation from a work district to a visitor destination. Feeney’s pub, near Fenchuch Street station, as well as the offices above the pub, will be replaced by a “contemporary tourist hotel and hostel [...]
Will AI trigger the end of net neutrality?

July 2, 2026

Since its inception, the internet has worked for one fundamental reason: net neutrality. This is the principle that internet carriers – broadband and mobile providers – must treat traffic equally, regardless of where it comes from. They cannot discriminate. This idea, noble in its intentions, was what spurred the enormous growth of internet services over [...]
London becomes activist capital of Europe as investors pressure firms over AI plans

July 1, 2026

London has become the shareholder activist capital of Europe as boardrooms feel the heat of interventions from outspoken investors. The UK’s capital markets were the subject of a staggering 57 per cent of all European campaign activity in the first half of the year, fresh data has found, crossing the 50 per cent threshold for [...]
Brewdog chief executive quits after only one year

July 1, 2026

The boss of Brewdog has stepped down barely more than a year after taking up the role in the latest twist in the long-running saga over the management of the beleaguered beer business. James Taylor, who took up the role of chief executive at the beginning of last year and who oversaw the takeover of [...]
Why I’ve fallen back in love with the iPod

July 1, 2026

In a world where digital ownership is increasingly rare, Simon Hunt returned to technology from 2007 – and hasn’t looked back. Not since childhood had I been this excited to open a parcel. I tore through layers of brown sticky tape, clawed through the cardboard box and unpeeled the bubble wrap. And there it was: [...]
‘Ultrasound cakes’ help fuel sales surge at London-listed Cake Box

June 30, 2026

A surge in demand for ‘ultrasound cake’ has helped drive record sales at one of the UK’s biggest bakeries. Cake Box, which operates hundreds of stores across the UK, posted a 9.3 per cent rise in organic turnover to £45.9m for the year to end March as the firm set its sights on opening dozens [...]
Uranium miner plots London float as father-and-son team reopen abandoned site in northern Italy

June 30, 2026

A firm planning to mine uranium in northern Italy has drawn up plans for a London float as it seeks to capitalise on renewed interest in nuclear technology. Reveille Resources, which will be operated by Ippolito Ingo Cattaneo alongside his father, Andrea Cattaneo, are preparing to join London’s small-cap Aquis exchange as soon as this [...]

Tickets for England World Cup quarter vs Norway on sale for $8m

Tickets for England World Cup quarter vs Norway on sale for $8m

Inside the Gumball 3000, the world’s most outrageous motoring event

By: Simon Hunt

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