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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Speed or stability? Bond markets strap in for Andy Burnham coronation

June 22, 2026

City bond traders are strapping in for a “jumpy” ride as Andy Burnham looks set to cruise into Downing Street uncontested – even if a coronation helps head off the worst volatility, analysts have said. The former Manchester Mayor’s bid for the top job won a major boost today as former health secretary Wes Streeting [...]
As it happened: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

June 19, 2026

Good morning from the City AM liveblog team. Andy Burnham has secured his place in the House of Commons after a decisive by-election win in Makerfield overnight, with 54.8 per cent of the vote, well ahead of Reform’s 34.5 per cent. Top of Burnham’s to-do list is triggering a leadership challenge inside the Labour party, [...]
Kemi Badenoch can still woo the City

June 17, 2026

Just under a year ago I sat down with Kemi Badenoch to talk through her plans to win over the City. I left the interview with little to report back. “We are looking at everything,” Badenoch told me at the time. “Our policy renewal programme is trying to get us to a place where we [...]
Big Tech’s AI capex splurge can’t go on forever

June 17, 2026

The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories. Google, Meta, Amazon and Microsoft have all splurged to secure a podium spot in the race to build out the infrastructure which will run the artificial intelligence (AI) revolution. Total capex by these four firms is expected to reach $750bn [...]
My ride in a helicopter over London as Leonardo expands its UK presence

June 17, 2026

Helicopter travel is the preserve of London’s elite: Celebrities, billionaires and high flying – if you’ll pardon the pun – City chief executives. Leonardo attracted headlines earlier this year when it secured a £1bn contract to build helicopters for the Ministry of Defence. The company had warned it could shut its UK helicopter manufacturing facility [...]
Book review: The Reverse Centaur’s Guide to Life After AI by Cory Doctorow

June 17, 2026

No subject has made me go more hot and cold than AI. Some days, I open Gemini, Claude or ChatGPT, set tough tasks and am dumbstruck by the speed and accuracy of the results. Wow, this is the future, I think to myself. On other days, I ask something simple and they get it all [...]
Billionaire IWG founder Mark Dixon steps down as chief executive

June 16, 2026

The billionaire founder of IWG has unveiled plans to step down as chief executive, ending his decades-long control of the serviced office group. Mark Dixon, the Essex-born entrepreneur who founded the London-listed company as Regus group in 1989, will transition into the role of chairman while chief transformation officer Christian Schmitz is to step into [...]
‘Political point-scoring’ over bank rules risks investment exodus, top Nomura exec warns

June 16, 2026

London’s biggest financial institutions could shift operations away from the UK if the government intensifies its regulatory grip on the City, a top City banker has warned. Chris Barlow, head of legal and compliance at Japanese bank Nomura’s European arm, said “short-termism and political point-scoring” in Westminster over financial regulation could exacerbate the burden faced by [...]
Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

June 15, 2026

One of the UK government’s biggest private sector contractors has denied being hostile to Reform UK after the party’s home affairs spokesperson Zia Yusuf after accused it taking “political positions” against his immigration policy. Citing a report in the Telegraph that suggested FTSE 250 firm Serco would refuse to support Reform’s deportation plans if it [...]
SpaceX IPO could get wave of Brits back into equity markets, Peel Hunt boss says

June 15, 2026

The success of the trillion-dollar SpaceX IPO could help drive a wave of fresh interest into investing in the stock market, the boss of one of London’s biggest brokers has said. The float, which raised a whopping $75bn (£56bn), included millions of shares allocated to UK retail investors thought to be worth around £271m, with [...]

Patent cliff fuels Novartis’ $1.5bn swoop for London biotech

London Lions in EuroLeague franchise bid – but may have to quit Super League Basketball

Why England World Cup host city Miami is amazing for sports lovers

By: Simon Hunt

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