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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The pensions triple lock is a travesty. Our politicians must fess up

July 16, 2026

We report this week that the OECD has added itself to a growing list of institutions warning over the sustainability of Britain’s triple lock pensions system, the policy that guarantees the state pension rises annually by the highest of inflation, earnings growth or 2.5 per cent. The triple lock, the Paris-based OECD warns, is “unusually [...]
Bank of England governor opens door to ‘simplifying’ financial rulebook

July 14, 2026

Andrew Bailey opened the door to simplifying the UK’s financial rulebook as he joined Rachel Reeves for the Chancellor’s third and final Mansion House speech on Tuesday evening. The Bank of England governor distanced himself from capping taxes on banks and financial institutions, but said existing rules should help “flush out supranormal profits” by “reducing [...]
Reeves issues warning to successor as she battles to defend record

July 14, 2026

Rachel Reeves is set to issue a stern warning to her successor in Number 11 as she battles to defend her record after two years in office ahead of the overthrow of Labour’s election-winning leadership. In what is widely expected to be her final act as Chancellor before Andy Burnham is made Prime Minister next [...]
‘Brutal onslaught’: Brewery McMullen’s takes aim at Reeves’ tax hikes after pub sell-off

July 13, 2026

One of the UK’s biggest family-owned brewers has taken aim at Chancellor Rachel Reeves’ tax hikes after it sold off more than a quarter of its pub estate. Hertfordshire-based McMullen’s, which owned over 100 pubs before offloading 30 of them in January, has warned it is likely to struggle to stay profitable in the years [...]
The devastating prognosis for the UK’s public finances

July 11, 2026

While much of the media obsesses over Nigel Farage’s fight with a man dressed as a bin, I have something more sobering to discuss as we kick off the weekend. The Office for Budget Responsibility’s report into fiscal risks and sustainability, published this week, is comfortably the most alarming yet. This is an annual review [...]
‘Moment of jeopardy’: City leaders issue rallying cry to safeguard London’s future as top financial hub

July 9, 2026

London stands at a “moment of jeopardy”, top business leaders have warned, as they issued a rallying cry to secure the Square Mile’s future as a top global financial hub. The City bigwigs, including Soc Gen UK chief executive Thierry d’Argent, London Metal Exchange boss Matthew Chamberlain and former City minister Bim Afolami, have called [...]
The former African gold miner taking on the billionaire Issa brothers

July 8, 2026

Roadside Real Estate has been along a weird and wonderful journey since it was first floated on the stock market. The company began life as Sovereign Mines of Africa, hunting gold deposits in the farthest corners of the African continent. But in 2016 the firm had a change of heart and decided to sell its [...]
‘In fine fettle’: Pall Mall’s RAC waiting list grows as posh club toasts profit boost

July 6, 2026

The Royal Automobile Club has seen a rise in its waiting list as the posh Pall Mall private members’ club toasted a surge in profitability. The institution, which was founded in 1897 as a motoring club and later spawned the roadside assistance business RAC, saw its waiting list increase by 7 per cent in 2025 [...]
Investors in Farage-backed Bitcoin venture get burnt after stock slides

July 6, 2026

Brits who bought shares in a crypto venture backed by Nigel Farage have seen their investment tumble by more than a third in the space of just three months. In March, Farage threw his weight behind Stack BTC, an Aquis-listed Bitcoin firm, investing hundreds of thousands of pounds to become one of the company’s largest [...]
Easyjet board reaches agreement over £5.2bn Castlelake takeover

July 5, 2026

The board of Easyjet is poised to accept a takeover bid by private equity firm Castlelake, in a move that could add the airline to a growing list of blue-chip companies that have unveiled plans to quit the London Stock Exchange since the start of the year. The offer of £6.90 per share, the fifth [...]

Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax

If SailGP steers towards ultra-aspirational audience it will soar

A Roman Holiday by Vespa sidecar – a whole new Rome

By: Simon Hunt

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