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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 463 Articles
  • Wrexham-based Chetwood Bank takes on London rivals with £1bn jump in deposits

    December 23, 2025

    Chetwood Bank has seen a near-£1bn jump in customer deposits as the Wrexham-based business wrestled market share from London fintech rivals. The Welsh digital bank, owned by US investment fund Elliott, posted a £960m increase in customer deposits in the year to March, bringing them to £3.8bn, a rise of just over a third, according [...]

  • Exclusive: Google makes fresh $1bn cash injection into UK data centre subsidiary

    December 18, 2025

    Google has poured $1bn into its UK data centre subsidiary, City AM can reveal, in the clearest sign yet that the tech giant is eyeing major expansion of its compute power in Britain. The £775m cash injection was this week filed to Companies House for the same company which controls Google’s Waltham Cross data centre, [...]

  • HSBC chair poured cash into failed tax avoidance investment scheme

    December 18, 2025

    The new chair of HSBC lost money in a tax-avoiding investment scheme that ultimately collapsed, City AM can reveal. Brendon Nelson became a partner and investor in a biofuel exploration business called Future Fuels, itself part of a wider scheme called Elysian Fuels which was operated by Future Capital Partners. The unregulated investment scheme was [...]

  • ‘High valuations alone rarely end a rally’ say UBS analysts on AI stock surge

    December 17, 2025

    The rapid rise in the share prices of AI-adjacent stocks could continue well into 2026, analysts at one of Europe’s top banks have said. Valuations of top tech stocks have been running hot since the start of the year as investors rushed to build a stake in the burgeoning technology, with the US S&P 500 [...]

  • Six of the top business books of 2025

    December 15, 2025

    Yes, dear reader, it’s that time of year again. What to buy for that special high-flying City exec in your life?  I’ve read nearly 50 books this year – most of them new, and most about business. Some were good, others have since found their way to Oxfam.  Here are a few of my favourites. [...]

  • FCA to ‘rebalance’ risk in mortgage market in first time buyer boost

    December 15, 2025

    The UK’s financial watchdog is planning a major overhaul of mortgage market rules in a bid to support more Brits getting on the housing ladder. The Financial Conduct Authority (FCA) said it aims to “rebalance risk” in the market to encourage innovation and allow a greater number of people to get access to finance. “Rebalancing [...]

  • ‘We chose AIM over Nasdaq and Euronext’: Power Probe boss

    December 12, 2025

    The boss of US toolmaker Power Probe said he felt the AIM market was the best international venue for the company after completing a London stock market float. In an interview with City AM, Power Probe chief executive Chema Garcia said: “With 90 per cent of our revenue in the US, the first option was [...]

  • Martin Lewis discovers the stock market

    December 11, 2025

    All of us at City AM would like to give a heartfelt congratulations to personal finance guru Martin Lewis for his discovery of the stock market. This newfound enthusiasm could even see him in the running for the City Champion gong at next year’s City AM Awards. Lewis opened his ITV money show this week [...]

  • Sadiq Khan has derailed Labour’s nationalisation plans

    December 11, 2025

    How is Keir Starmer’s plan to renationalise Britain’s railways going? Badly, if events in London are anything to go by. Yesterday we learned that Transport for London has awarded a £3bn, 10-year contract to First Group to operate the London Overground when the current contract with Arriva expires next year. That’s in direct conflict with [...]

  • Auditor MHA queried source of funds in Sanjeev Gupta-owned firms before resigning

    December 11, 2025

    MHA queried the source of funds for various intercompany transactions before resigning from an engineering firm owned by metals magnate Sanjeev Gupta, City AM can reveal. The London-listed accounting firm has stepped down as auditor of Wolverhampton-based Clydesdale Engineering, an automotive and defence manufacturer owned by Gupta’s Liberty Steel Group, part of his GFG Alliance [...]

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