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 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 [...]
Exclusive: Top FTSE executive recruiter goes bust after AI platform launch

July 4, 2026

A City-based boutique recruitment consultancy which has won executive-level talent for a host of FTSE firms has plunged into insolvency after pumping investment into an AI platform, City AM can reveal. Savannah Group, which has recruited directors and executives for the likes of Starbucks, hospitality giant Fullers, Burger King, Aston Martin, and global cruise titan [...]
Richard Desmond puts £1bn Westferry development up for sale

July 3, 2026

A £1bn residential development on the doorstep of London’s financial district has been put up for sale by its billionaire owner, City AM can reveal, in the latest twist in a long-running saga over the future of the project. The Westferry Printworks, which is owned by former newspaper baron Richard Desmond and promises to deliver [...]
Square Mile Irish pub to be converted into youth hostel

July 2, 2026

A Square Mile Irish pub is set to be converted into a youth hostel in the latest sign of the City’s gradual transformation from a work district to a visitor destination. Feeney’s pub, near Fenchuch Street station, as well as the offices above the pub, will be replaced by a “contemporary tourist hotel and hostel [...]
Will AI trigger the end of net neutrality?

July 2, 2026

Since its inception, the internet has worked for one fundamental reason: net neutrality. This is the principle that internet carriers – broadband and mobile providers – must treat traffic equally, regardless of where it comes from. They cannot discriminate. This idea, noble in its intentions, was what spurred the enormous growth of internet services over [...]
London becomes activist capital of Europe as investors pressure firms over AI plans

July 1, 2026

London has become the shareholder activist capital of Europe as boardrooms feel the heat of interventions from outspoken investors. The UK’s capital markets were the subject of a staggering 57 per cent of all European campaign activity in the first half of the year, fresh data has found, crossing the 50 per cent threshold for [...]
Brewdog chief executive quits after only one year

July 1, 2026

The boss of Brewdog has stepped down barely more than a year after taking up the role in the latest twist in the long-running saga over the management of the beleaguered beer business. James Taylor, who took up the role of chief executive at the beginning of last year and who oversaw the takeover of [...]

Bank of England may set the stage for interest rate hikes this year

World Cup sponsors could pay price if Infantino’s Fifa sell-off goes ahead

Martin Williams: My top picks for the Toast the City Awards 2026

By: Simon Hunt

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