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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Revenue at pawnbroker Ramsdens rockets as Brits cash in on soaring gold prices

January 14, 2026

Revenue at pawnbroker Ramsdens has risen to a fresh high as Brits take advantage of soaring gold prices. The London-listed business, which has over 160 stores across the UK, posted a 22 per cent jump in turnover to £117m in the year to end September amid a more than 50 per cent in profit from [...]
Mayfair-based The Arts Club plunges to £4m loss after wellness venture sours

January 14, 2026

One of the swankiest private members clubs in central London has bemoaned a “challenging economic backdrop” after it suffered a loss of nearly £4m. Mayfair-based The Arts Club, which was founded in the 1860s by Charles Dickens and Anthony Trollope and has been frequented by the likes of Beyoncé, Jessie J and Pippa Middleton, incurred [...]
FTSE 100 Live: UBS to get new boss; Premier Inn leaseback deal

January 13, 2026

Good morning from the City AM liveblog team. What’s an easy way to tell apart a developed country from a less developed one? One straightforward yardstick is the behaviour of state institutions and their relationship to government. If they are well run, they are operated by professionals independently from the executive. Or – the executive [...]
Data centre planning applications rocketed more than 60 per cent in 2025

January 13, 2026

Data centre planning applications hit an all-time high in the UK in 2025, City AM can reveal, as investors rushed to gain a foothold in the burgeoning AI market. More than 60 separate planning applications for the construction of new data centres were filed in England and Wales over the course of the year, according [...]
Immigration law firm put up for sale on insolvency market amid visa crackdown

January 13, 2026

A London law firm specialising in immigration services has been put up for sale on an insolvency marketplace in an early sign the government’s crackdown on visas has sparked a slump in applications. Woolwich-based A Vincent Solicitors, which employs more than two dozen staff and has a second office in Manchester, offered multi-lingual support services [...]
Donald Trump credit card cap sends Barclays shares tumbling

January 12, 2026

Barclays shares were the worst performing on the FTSE 100 on Monday morning after fears over fresh plans by Donald Trump to curb credit card costs sent the stock tumbling. The bank’s shares, which had risen by around 80 per cent over the past year, suffered a 5 per cent slump to 462p in early [...]
FTSE 100 Live: Barclays slumps on credit card cap, Fed’s Jerome Powell faces probe

January 12, 2026

Good morning from the City AM liveblog team. The FTSE 100 broke through the five-figure mark last week in a welcome start to the year for the London markets. The index saw its best annual performance in 2025 since the recovery from the financial crash in 2009. That was helped along in no small part [...]
City pushes back against closer ties with EU

January 9, 2026

Keir Starmer’s plan to foster closer economic ties with the European Union is likely to exclude financial services after senior City figures pushed back against the reintroduction of EU regulations. The prime minister has called for “closer ties” with the EU in a bid to boost economic growth, with senior cabinet members including justice secretary [...]
FTSE 100 Live: Sainsbury’s and Unite dish shareholders cash; Mining merger talks

January 9, 2026

Good morning and welcome back to the City AM liveblog. It was Britain’s retail sector taking centre stage yesterday amid a fresh influx of corporate updates that gave a snapshot of the industry’s December performance. Tesco came out swinging, revealing its market share had climbed to the highest in 10 years after a Christmas sales [...]
Peter Mandelson handed back £1.3m from consulting firm he founded

January 8, 2026

A consulting firm founded by Peter Mandelson handed back £1.3m to the House of Lords peer prior to his departure from the business, the firm’s latest accounts reveal. Global Counsel, a London-based public policy consultancy launched by Mandelson in 2016, had been lent £1m by the disgraced politician with interest paid “at commercial rates,” white [...]

Elevate founder Julia Baldet: Hospitality is brutal, but I don’t regret leaving finance

Exclusive: Eilish McColgan joins performance nutrition brand Science in Sport

American whiskey to try: From Bourbon to American single malt

By: Simon Hunt

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