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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Havas keeps quiet on whether Ian Osborne will stay on board after Epstein files

February 6, 2026

Havas is keeping quiet on whether Ian Osborne will stay on its board as the French PR giant weighs the impact of fresh details concerning the relationship between the British exec and Jeffrey Epstein. Osborne, who is a non-executive director of Havas, launched his own consultancy business, Osborne and Partners, in 2009 and offered advice [...]
Douglas Flint received package from Epstein while at HSBC, files show

February 6, 2026

The incoming chair of Prudential received a mystery package from Jeffrey Epstein while he was finance director of HSBC, the recent release of Epstein files shows. Douglas Flint, who had a decades-long career at Europe’s largest bank, culminating as its chairman from 2010-2018, received the parcel in the early 2000s according to records released by [...]
City commuter fury as Chancery Lane closed one in six mornings

February 6, 2026

Hundreds of thousands of City commuters had their journeys disrupted in 2025 after Chancery Lane tube station was unexpectedly closed for a staggering one in six mornings, City AM can reveal. The Central line station, which sits at the western edge of the Square Mile, was shuttered at short notice during the early hours of [...]
Glencore shares slide after Rio Tinto merger unravels

February 5, 2026

Shares in Glencore tumbled on Thursday after talks over a blockbuster merger between the firm and rival Rio Tinto came to nothing. The London-listed mining giant said it was unhappy with the terms of Rio’s takeover offer, which included Rio keeping hold of top executive roles within the proposed combined business. “The key terms of [...]
No retail redundancies after Vodafone-Three merger, boss says ahead of shop closures

February 5, 2026

There will be no forced redundancies of retail staff following Vodafone’s acquisition of Three, the firm’s chief executive has said, as the telco giant gears up to find hundreds of millions of pounds of cost savings from the tie-up. Vodafone chief executive Margherita Della Valle, who spearheaded the bumper £16.5bn merger shortly after taking the [...]
London fintech Teya launches in Spain and Italy amid European expansion

February 3, 2026

Payments business Teya has added two new countries to its operations as it marks the next phase in its global expansion. The London-based fintech, which is incorporated in the Cayman Islands, is this week launching in Spain and Italy after successful pilot projects in both countries began in July. The move means Teya, which was [...]
Red signal for £500m Central line upgrade after just four trains refitted

February 3, 2026

The planned £500m upgrade of the Central line has hardly got going, City AM can reveal, after the project to refit the key underground line serving the Square Mile suffered severe delays. Just 4 of 71 Central line trains had been successfully refitted by the beginning of 2026, according figures obtained via a freedom of information request [...]
Urban Pubs and Bars defies hospitality gloom with doubling of profit

February 2, 2026

One of London’s biggest pub chains has defied hospitality gloom after posting a more than doubling of profit. Urban Pubs and Bars, which operates more than fifty venues across the capital including The Wren in Bank, the Commercial Tavern in Spitalfields and the Punch Tavern in Fleet Street, saw pre-trax profit climb to £1.7m for [...]
FTSE 100 Live: Miners lead stock fall as gold rout deepens

February 2, 2026

Good morning and welcome back to the City AM liveblog. There’s one big event the City is looking towards this week but all signs point to zero surprises. On Thursday, the Bank of England’s monetary policy committee will meet for the first time this year and decide whether to take the chop to interest rates. [...]
Drinks firms ‘have no choice’ but to increase prices, say industry bosses

January 31, 2026

Top drinks businesses “have no choice” but to increase prices after facing steep cost hikes from rising alcohol duty, industry leaders have warned. In November’s autumn budget, Chancellor Rachel Reeves confirmed that alcohol duty would increase in line with Retail Prices Index (RPI) inflation. It means that the tax charged on alcoholic drinks will increase [...]

UK fintech chiefs switch growth plans as capital conditions wane

Enhanced Games, Lance Armstrong and the truth about why we hate doping

The watch podcast disrupting the ‘pale, male and stale’ image

By: Simon Hunt

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