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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 462 Articles
  • FTSE 100 Live: Nvidia invests in Revolut, M&C Saatchi, S4C shares tumble

    November 24, 2025

    Good morning from the City AM liveblog team. Rachel Reeves is set to plug a looming £30bn hole in the public finances with a “dog’s breakfast” of tax hikes, according to new analysis. The Institute of Economic Affairs warns that the gap will likely be addressed by combining broad-based income tax rises with a patchwork [...]

  • FTSE 100 Live: Asos shares tumble, retail sales drop, Babcock sinks

    November 21, 2025

    Good morning from the City AM liveblog team. With just days to go before the Budget, there is increasing investor nervousness about what surprises could be in-store for businesses. Few are expecting those surprises to be pleasant. Speaking to the paper yesterday, the boss of the world’s biggest platinum group metals recycler warned Rachel Reeves [...]

  • Shoplifting ‘epidemic’ and AI data centre demand help Mitie revenue surge

    November 20, 2025

    Rising demand for shop security guards and AI data centres have helped drive a surge in sales for security and engineering services company Mitie. The FTSE 250 business, which has more than 80,000 staff, saw a 12 per cent rise in revenue from security services to £580m in the six months to end September, fueled [...]

  • FTSE 100 Live: AI boom continues, JD Sports update

    November 20, 2025

    Good morning from the City AM liveblog team. Among the least-desired accolades for a company chief executive is to see their firm’s share price rise the moment they announce their departure. Unfortunately for him, the latest exec to have been dealt this honour is the boss of WH Smith, Carl Cowling, who yesterday watched the [...]

  • Banking chief warns Reeves against ‘quick fixes’ in Budget

    November 20, 2025

    The boss of Britain’s trade association for financial services has warned Rachel Reeves against hiking taxes on banks at next week’s Budget. David Postings, chief executive of UK Finance, said London’s banking sector risked becoming less competitive with European peers if it were to face additional taxes. Speaking at a dinner for City execs at [...]

  • Reeves to give go-ahead to DLR Thamesmead extension at Budget

    November 20, 2025

    Rachel Reeves is set to give the green light to a proposal to extend the Docklands Light Railway to Thamesmead in a major expansion of London’s transport network. The move, which would mark the first extension to a London train line since the Overground extension to Barking Riverside in July 2022, promises to create 10,000 [...]

  • Jet2 shares soar as Tiktok meme pays dividends

    November 19, 2025

    Jet2 has seen its shares jump after a viral TikTok trend helped the London-listed airline see record passenger numbers over the summer. The London-listed business said it saw an increase of 750,000 passengers flown to 14m over the six months to the end of September. That helped group revenue rise 5 per cent to £5.3bn. Jet2 [...]

  • WH Smith chief executive quits after damning Deloitte audit report

    November 19, 2025

    The boss of one of Britain’s best-known retailers has quit the role after an investigation into the firm’s accounting practices uncovered major flaws. WH Smith chief executive Carl Cowling said he would step down with immediate effect on Wednesday after the report, produced by Big-Four audit firm Deloitte identified weaknesses in the operations of the [...]

  • FTSE 100 Live: Inflation falls to 3.6 per cent, WH Smith CEO quits

    November 19, 2025

    Good morning and welcome back to the City AM liveblog. Global markets downturn continued on Tuesday, with Europe left swimming in the red. The FTSE 100 closed the day down 1.27 per cent at 9,552 as the boss of Google gave the latest warning on the soaring valuation of tech stocks. Sundar Pichai, the head [...]

  • Yoti revenue surges amid boost from Online Safety Act rules

    November 18, 2025

    Yoti has seen a surge in revenue as the identity verification business was boosted by fresh rules introduced under the Online Safety Act. The London-based business posted a 55 per cent rise in turnover to £20.3m for the year to end March, according to accounts filed with Companies House. “Regulatory issues are central to the [...]

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