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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How much tax do you pay above £100k? Britain’s highest earners in numbers

July 4, 2025

A growing number of Brits have seen their salaries hit £100k – but a growing number are also feeling underwhelmed after having crossed the threshold. What accounts for their disappointment? There were as many as 1.35m taxpayers earning over £100,000 in the UK during the 2022/23 tax year, an increase of around 16 per cent [...]
Bank of England ‘open minded’ on use of stablecoins in wholesale markets

July 3, 2025

A director at the Bank of England has said Britain’s central bank is “open minded” on the use of stablecoins in wholesale markets in a marked softening of its stance in the technology. Speaking at the City Week conference, Sasha Mills, Executive director of Financial Market Infrastructure, said the Bank was “considering” what role stablecoins [...]
Relief for startups as government U-turns on onerous Companies House rules

July 3, 2025

Small businesses are breathing a sigh of relief after it emerged the government is set to U-turn on the introduction of new onerous Companies House rules. The new rules, which were due to come into effect in April 2027, would have required small and micro companies to disclose their profit and loss statements for the [...]
‘Fair business’ for Aquis stocks to get into crypto, exchange boss says

July 3, 2025

The boss of the new owner of Aquis has said it is “fair business” for firms to hold crypto after a wave of the exchange’s constituents adopted Bitcoin treasury policies. Bjorn Sibbern, CEO of stock exchange Six, which this week completed its £225m takeover of Aquis, told City AM: “If we have listed companies that [...]
Keir Starmer rocked by full-blown crisis as PM marks first year in office

July 3, 2025

Keir Starmer is facing a full-blown political crisis as he marks his first year in office under pressure from disgruntled MPs, frustrated businesses and jittery financial markets. Speculation grew yesterday that Chancellor Rachel Reeves could be ousted from Number 11 after the PM failed to back her during questions in the House of Commons, with [...]
UK on track for biggest year of takeovers since 2021

July 2, 2025

The UK is on course for its biggest year of takeovers since 2021 as more and more companies exit the London stock market after being snapped up by private equity. As much as £74bn in offers was made to UK firms in the first half of the year, according to an analysis by Peel Hunt, [...]
Exclusive: Revolut, Octopus mull joining Pisces

July 2, 2025

Revolut, Octopus and Oaknorth are among billion-pound businesses weighing joining the new Pisces private stock market after being courted by prospective operator London Stock Exchange Group, City AM can reveal. The fast-growing firms were part of a group of around two dozen major businesses who attended a private conference hosted by LSE boss Julia Hoggett [...]
Fund managers made ‘ridiculously extravagant claims’ on ESG, Aberdeen boss says

July 1, 2025

Fund managers have made a “huge mistake” with their “ridiculously extravagant claims” on ESG investing, the boss of asset management giant Aberdeen has said amid a global retreat from ethical funds. Sir Douglas Flint told the City Week conference that investors had adopted a mindset of “we’re not really about investing money, we’re just jolly [...]
FCA ‘concerned’ over number of takeovers leaked to press

July 1, 2025

The UK’s financial watchdog has expressed its concern after fresh figures found nearly two in five takeovers were reported in the press before being formally announced. The Financial Conduct Authority (FCA) warned the leaks, which can constitute a breach of market abuse rules, were triggering “price moves…caused by financial analysts or the media correctly predicting [...]
Exclusive: Kemi Badenoch makes her pitch to the City

July 1, 2025

Kemi Badenoch has apologised to the business community for any trust lost under previous Tory governments, insisting that “the Conservative party is the natural party of business.” The Tory leader said “I’m sorry if at any time over the last 14 years we did not seem like that,” adding that hers is now “the only [...]

RAC could jump-start London’s IPO engine with bumper £5bn float

Snooker World Championship to stay at The Crucible until at least 2045

Hands off our spuds: How Americans ‘discovered’ jacket potatoes

By: Simon Hunt

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