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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Will Thames Water’s latest rescue package pass muster?

March 16, 2026

Thames Water’s latest rescue package has been designed to fend off the public’s criticism of the way the company has been mismanaged. In a statement, Thames Water said the new detail would comprise £6.6bn of new debt – including £3.3bn accessible on day one of the rescue plan being implemented – which will be provided [...]
Drill in Britain’s biggest oil field or risk energy crisis, Make UK tells Ed Miliband

March 13, 2026

Drilling at Britain’s biggest undeveloped oil field must urgently be approved to avert a looming energy crisis, the UK’s manufacturers’ lobby group has told Ed Miliband. Make UK, which represents thousands of manufacturers from food producers to steelmakers, said the energy secretary must give the green light to production at Rosebank in the North Sea [...]
On the Beach shares tumble as it tears up guidance amid bookings slowdown

March 12, 2026

On the Beach has torn up its guidance for the forthcoming year after warning that tensions in the Middle East have sparked a sharp slowdown in bookings. The online travel agent previously forecast pre-tax profit of between £39m and £43m. “Whilst the group has limited exposure to destinations in the Middle East, it has experienced [...]
Savills shares slide as Middle East war shakes property market

March 12, 2026

Shares in property giant Savills slid eight per cent as the Iran war shakes the confidence of the UK’s property market. The FTSE 250 firm’s share price fell by 7.98 per cent on Thursday to 922p, leaving the stock down six per cent in the year so far. Adam Vettesse, market analyst at eToro said [...]
Revolut is now a bank. Raise a glass to this stellar British success story

March 11, 2026

It has been a painfully long wait for Revolut. But at last, the patience of Europe’s most valuable fintech has paid off. Its British banking licence has arrived. This is the final step in Revolut’s decade-long journey to become a fully-fledged bank. That means it is no longer – by any yardstick – a startup. [...]
Barclays and Aquis launch ‘IPO academy’ in bid to revive small-cap listings

March 11, 2026

Aquis has teamed up with Barclays to launch an “IPO academy” in a bid to turn around the dwindling number of small-cap listings in the UK, City AM can reveal. The academy, which is the only programme of its kind run by an exchange in the UK, is intended as an investment in entrepreneurs and [...]
Qplay’s JP Jenkins debut marks lacklustre launch for Pisces

March 10, 2026

Roll the dice. Make your move. Prove you’re the smartest. But hurry – the clock’s ticking. That is the opening of a video ad for Outsmarted, a board game owned by Qplay, which is set to be the first company to list on London’s new Pisces private market. It might have also described the fierce [...]
Capita shares tumble as boss warns of declining margins

March 10, 2026

Shares in one of the UK’s biggest outsourcing firms have plummeted after its boss warned of declining margins in the year ahead. London-based Capita, which offers support services in areas such as education, health and defence, warned markets it expected a “small decrease” in its operating margin after it swung to a pre-tax loss of £171m [...]
Kwasi Kwarteng: Labour ‘at risk’ without more tax rises amid bond jitters

March 9, 2026

The government risks being plunged into crisis unless it prepares for another bruising round of tax hikes to cover sharp rises in energy subsidies, former chancellor Kwasi Kwarteng has warned. In an interview with City AM, Kwarteng said taxes could be put up as soon as November if the government pushes ahead with proposals for [...]
Nigel Farage invests in Kwasi Kwarteng-backed Bitcoin treasury business

March 9, 2026

Nigel Farage has invested in an Aquis-listed Bitcoin treasury business as the Reform leader doubles down on his commitment to cryptocurrencies. Farage has spent £215,000 to acquire a 6.3 per cent stake in Stack BTC, a small-cap company which says it is “focused on building a portfolio of high-quality, cash-generative businesses alongside a Bitcoin treasury,” [...]

Fifa crisis shows that fans must get a say in who succeeds Infantino as president

Fifa crisis shows that fans must get a say in who succeeds Infantino as president

Scotch Malt Whisky Society’s Caskmaster 2026 championship comes to London

By: Simon Hunt

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