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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AI Security Institute chair moves investment firm away from UK

November 11, 2025

The chair of the AI Security Institute has moved an investment firm he co-founded away from the UK, City AM can reveal, as concerns grow over an exodus of tech investors from Britain. Serial entrepreneur Ian Hogarth, who set up Plural with Wise co-founder Taavet Hinrikus in 2021, has restructured the company, moving its headquarters [...]
City execs plot new junior market to rival AIM

November 10, 2025

A group of City execs have laid out plans for a new small-cap market in a bid to rival the ailing AIM and rejuvenate London’s public markets. Former Boku boss Jon Prideaux and former AIM chief executive Martin Graham are understood to have approached investors over a £4m fundraising to launch the new exchange, known [...]
Diageo shares slide on profit warning after weak Chinese demand

November 6, 2025

Shares in FTSE 100 drinks giant Diageo have fallen after weak demand in China and the US hurt sales and profit expectations. The group said its operating profit growth was set to be in the low to mid single-digit range for the year to June 2026, down from its previous guidance of mid single digits. [...]
Daily Mail owner moves assets offshore ahead of Budget

November 6, 2025

The owner of the Daily Mail has moved hundreds of millions of pounds worth of assets to its newly created offshore parent ahead of the November Budget, City AM has found. Daily Mail and General Trust (DMGT), which owns a host of publications including The Daily Mail, Mail on Sunday and the I newspaper, sold [...]
High energy prices make the UK ‘vulnerable’ US ambassador warns

November 5, 2025

The US ambassador to the UK has warned Britain’s sky-high energy prices threaten to undermine its status as a major global economy. Speaking at an event at the Savoy Hotel on Wednesday, Warren Stephens described UK energy prices, which are among the highest in the world, as the “chief obstacle” to growth. “Energy costs in [...]
JD Wetherspoon ‘more cautious’ on outlook due to Budget uncertainty

November 5, 2025

JD Wetherspoon has said it has become “more cautious in its outlook” as Britain’s best-known pub chain braces for the prospect of further tax hikes at the Budget later this month. The firm, which operates around 800 pubs across the UK, reported a 3.7 per cent rise in like-for-like turnover for the 14 weeks to [...]
FTSE 100 Live: Wetherspoons boss’ Budget warning; M&S takes cyber hit

November 5, 2025

Good morning from the City AM liveblog team. If you need a clear sign that there is an AI bubble, look no further. American tech stocks fell sharply on Tuesday after a hedge fund manager famed for predicting the Global Financial Crisis revealed he had taken out a billion-dollar bet against some of the world’s [...]
Reeves’ deregulation agenda won’t help growth this parliament, economist warns

November 5, 2025

Rachel Reeves’ deregulation agenda is unlikely to make any improvement to economic growth before the end of this parliament, a leading economist has warned, in the latest sign the government’s growth mission is running out of steam. Professor Stephen Millard, Deputy Director of the National Institute for Social and Economic Research (NIESR) said it would [...]
Nigel Farage walks back on tax cut pledges after predicting ‘economic collapse’

November 3, 2025

Nigel Farage has abandoned several major tax cut pledges as the Reform leader predicted an “economic collapse” would trigger a general election as soon as 2027. Farage distanced himself from the party’s previous promise to introduce tax cuts worth £90bn, including by raising the tax-free personal allowance to £20,000, blaming the u-turn on ballooning government [...]
Sulnox shares jump as it unveils new shipping partnership

November 3, 2025

Shares in greentech firm Sulnox have jumped Monday after it unveiled a new contract with a major shipping business. The Aquis-listed company, which develops lower emissions fuel technology, said its Sulnox Eco fuel was set to be adopted across the 28-strong fleet of Greek shipping business Spring Marine Group. It comes after a trial period [...]

Brown dubs Mandelson row as ‘serious’ test for Starmer

The real Guinness Six Nations showdown is happening in the pub

How South Wales became one of the UK’s most exciting food destinations

By: Simon Hunt

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