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.

All 378 Articles

Crispin Odey, Michael Jackson, Sara Murray and the secret offshore trusts

October 10, 2025

A question: What connects disgraced financier Crispin Odey with serial tech entrepreneur Sara Murray? For one thing, they’ve both been ousted by their own companies – a rare, noteworthy feat. For Odey, it was from his eponymous Odey Asset Management, following an investigation by the FT into allegations of sexual misconduct. For Murray, it was [...]
Keir Starmer vows to cut red tape for pubs to ‘bring the buzz back’ to high streets

October 9, 2025

Keir Starmer has vowed to cut red tape for pubs in a bid to revitalise the ailing hospitality industry following a spate of venue closures. The prime minister has unveiled a four-week “blitz” survey of landlords, customers and neighbours, in a review expected to result in a bonfire of old licensing rules, amid fears some [...]
FTSE 100 Live: Lloyds and HSBC stock tumble drags index into red

October 9, 2025

Good morning from the City AM liveblog team. While the FTSE has been on a tear since the start of the year, there’s no denying that the glittering allure of gold is the real asset that investors can’t turn their eyes away from. A flurry of political drama across several major economies has reignited fears [...]
Big Technologies board made ‘outrageous allegations’ about me, says ousted founder

October 9, 2025

The founder of a London-listed tech firm has hit back after she was ousted by her own board, describing misconduct allegations levelled against her as “outrageous.” In a rare public intervention following her dismissal from Big Technologies earlier this year, Sara Murray told City AM she felt shareholders “are just fed up with the decisions [...]
Rare reprieve for Reeves as ONS says data error cuts borrowing by £3bn

October 8, 2025

Chancellor Rachel Reeves has been handed a rare reprieve ahead of the Budget after a data error reported by the UK’s statistics authority reduced expected public borrowing by £3bn. A mistake in the counting of value added tax receipts by tax collector HMRC was identified in an update by the Office for National Statistics (ONS). [...]
Blow to Anglo American as disruption at Teck mines leads to cut in production

October 8, 2025

Anglo American’s planned merger with Canadian miner Tech Resources has suffered a setback after Teck admitted a series of issues with its mines that would lead to a cut in the production forecasts it had previously given shareholders. Following what Teck described as a “comprehensive operational review,” the company has slashed the upper end of [...]
Reeves urged to increase alcohol taxes to tackle workplace drinking

October 8, 2025

Pubs and restaurants up and down the country could be forced to serve up higher booze prices as Rachel Reeves has been urged to add fresh alcohol levies to her menu of tax rises at next month’s Budget. The Institute for Public Policy Research, a left-leaning think tank with close ties to the government, has [...]
Equity fund exodus as market highs ‘running on fumes’

October 7, 2025

Equity fund outflows hit a fresh record in the third quarter despite leading share indices reaching market highs, fresh data has revealed. Investors pulled £3.64bn from equity funds in the three months to the end of September, according to figures compiled by global funds network Calastone, representing the worst three-month outflow on record. That included [...]
B&M shares tumble as boss vows to ‘correct operational weakness’

October 7, 2025

Shares in B&M have tumbled after the discount retailer reported sliding profits. The groups chief executive vowed to “correct the operational weaknesses” as the firm warned it expects to report pre-tax earnings of £198m in the six months to end September, a drop of 28 per cent on last year, while UK revenues were up [...]
FTSE 100 Live: House prices fall; Shell eyes earnings boost; B&M takes hit

October 7, 2025

Good morning from the City AM liveblog team. Last week, PM Keir Starmer appeared to leave Labour conference on a high — seeing off threats to his leadership and resetting relations with members. But back in London, things are not quite as rosy. As we report today, UK dealmakers’ faith in the economy has slumped [...]

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By: Simon Hunt

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