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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Capita shares tumble as boss warns of declining margins

March 10, 2026

Shares in one of the UK’s biggest outsourcing firms have plummeted after its boss warned of declining margins in the year ahead. London-based Capita, which offers support services in areas such as education, health and defence, warned markets it expected a “small decrease” in its operating margin after it swung to a pre-tax loss of £171m [...]
Kwasi Kwarteng: Labour ‘at risk’ without more tax rises amid bond jitters

March 9, 2026

The government risks being plunged into crisis unless it prepares for another bruising round of tax hikes to cover sharp rises in energy subsidies, former chancellor Kwasi Kwarteng has warned. In an interview with City AM, Kwarteng said taxes could be put up as soon as November if the government pushes ahead with proposals for [...]
Nigel Farage invests in Kwasi Kwarteng-backed Bitcoin treasury business

March 9, 2026

Nigel Farage has invested in an Aquis-listed Bitcoin treasury business as the Reform leader doubles down on his commitment to cryptocurrencies. Farage has spent £215,000 to acquire a 6.3 per cent stake in Stack BTC, a small-cap company which says it is “focused on building a portfolio of high-quality, cash-generative businesses alongside a Bitcoin treasury,” [...]
FTSE 100 Live: US stocks sink on open; Iran warns oil price could hit $200

March 9, 2026

Good morning and welcome back to the City AM liveblog. The chaos in global markets of last following the breakout of conflict in the Middle East is poised to continue as tensions in the Gulf showed no sign of slowing down over the weekend. The price of oil notched its highest gains in a single [...]
Lex Greensill seeks to throw out director ban

March 5, 2026

The government’s bid to disqualify the boss of collapsed lender Greensill Group from directing companies in the UK for 12 years should be thrown out as there “cannot be a fair trial”, the High Court has been told. The Department for Business and Trade (DBT) began proceedings against Lex Greensill in 2024 after the Insolvency [...]
Pub industry ‘screaming for a reset’ amid wave of closures, says Shepherd Neame boss

March 5, 2026

The beer and pub industry is “screaming for a reset”, the boss of the UK’s oldest brewer has warned, as companies brace for more venue closures under the strain of sharp tax hikes and minimum wage rises. Jonathan Neame, chief executive of Aquis-listed Shepherd Neame, which traces its roots back to 1698, said the “real [...]
Autonomous vehicle firm Oxa taps BP, Nvidia in $103m funding round

March 4, 2026

British autonomous vehicle firm Oxa has raised $103m (£77m) in a fresh funding round after attracting support from the world’s most valuable tech firm, Nvidia. The Oxford-based business, formerly known as Oxbotica, completed the Series D raise with backing from the government’s National Wealth Fund as well as from the venture arm of energy giant [...]
Reeves’ Spring Statement gave us little to be cheery about

March 4, 2026

Rachel Reeves put on a brave face when she stood up at the dispatch box yesterday afternoon to unveil her Spring Statement. And although we were subjected to the usual staccato delivery, the Chancellor’s performance was more confident than usual. But a cursory glance at the latest Office for Budget Responsibility (OBR) projections show there [...]
Inchcape shares slide amid Asia market ‘challenges’

March 3, 2026

Shares in Inchcape tumbled on Tuesday after the car distribution business warned of challenges in Asian markets. The London-listed firm was the worst performer on the FTSE 250 index amid a wider stock sell-off, with its shares sliding almost 9 per cent to 793p – though the stock remains up by 3 per cent since [...]
Pearson boss shrugs off investor AI fears after share jitters

February 27, 2026

The boss of Pearson has shrugged off shareholder concerns that the company’s services could be usurped by the rising use of AI chatbots. Earlier in the year the education giant was one of a number of London-listed data and software-led stocks, including the likes of Sage and Relx, that suffered steep selloffs amid investor anxieties [...]

Burnham rows back on £10bn Waspi women offer

Wimbledon hikes prize money but refuses to bow to tennis stars’ demands

American whiskey to try: From Bourbon to American single malt

By: Simon Hunt

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