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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Brits now buy more BYDs than Land Rovers

May 13, 2026

I’ve been poring over the latest DVLA car registration data release, which came out a few days ago, covering the fourth quarter of 2025. There are lots of fascinating trends in there, and I’d encourage you to go and have a look yourself. But one thing that really caught my eye is that for the [...]
Trapstar: London clothing brand put up for sale on insolvency marketplace

May 13, 2026

A London clothing brand that has been worn by the likes of Jay Z and Rihanna has been put up for sale on an insolvency marketplace, City AM can reveal. Trapstar, which sells luxury streetwear popular with young people, is seeking a buyer to help meet working capital challenges. The brand, which was founded in [...]
Barclays mortgage subsidiary makes £5bn balance sheet whoopsie

May 12, 2026

Don’t you just hate it when you mix up millions with billions? No one is immune from such mistakes. Including, as it turns out, one of Britain’s biggest banks. A subsidiary of Barclays, the Kensington Mortgage Company, last week published its accounts. While revenue was up slightly to £83.4m, pre-tax profit fell by 90 per [...]
On the Beach shares slide as Brits delay booking holidays

May 12, 2026

On the Beach has suffered one of its biggest-ever single-day stock selloffs amid investor fears over a slowdown in holiday bookings. Shares in the Manchester-based business plunged 17 per cent to 140p after the London-listed business said it saw a more than 12 per cent fall in sales to £52.2m for the six months to [...]
Eon, Hometree strike deals to snap up parts of Ovo Energy

May 11, 2026

Two arms of Ovo Energy have been snapped up by separate buyers, ending uncertainty over the retail energy giant’s future. German energy firm Eon is to acquire Ovo’s retail business, creating one of the UK’s biggest energy operators with around 10m combined customers, while Ovo’s Home Services arm, including Corgi Homeplan and Homepeat, is to [...]
Compass shares jump as it shrugs off inflation concerns with profit upgrade

May 11, 2026

Shares in Compass Group jumped on Monday morning as shrugged off concerns over inflation eating into its margins after upgrading its profit forecasts. The FTSE 100 catering giant, which has served meals everywhere from prisons to oil rigs, upped its profit growth estimate from 10 per cent to “above” 11 per cent for the year [...]
Brent Hoberman: We need a ‘British dream’ – and more talented immigrants

May 7, 2026

The UK needs to welcome many more business founders from abroad to rejuvenate the economy, one of Britain’s best-known entrepreneurs has said, as he issued a rallying cry to renew faith in the future of the country. In a wide-ranging speech at the City AM Awards ceremony at the Guildhall last night, Brent Hoberman, who [...]
Tony Travers: London local election result could trigger housebuilding slump

May 7, 2026

The result of the forthcoming local elections could trigger a further slump in housebuilding in the capital as a shake-up in council composition obstructs development plans. Voters head to the polls in every London borough today, with polling suggesting Labour is on course to shed dozens of seats and lose its grip on the capital, [...]
No, a pint does not cost £10 in London (see for yourself)

May 7, 2026

Headlines appeared over the weekend that a London pint now costs £10. This leaves a bitter taste. Granted, look hard enough and you’ll find a private members’ club here, a chichi restaurant there, that has found customers with deep enough pockets to pay a fortune for supermarket lager. But this has always been true – [...]
London local elections 2026: Who will win in Kingston upon Thames?

May 6, 2026

In the Lib Dems’ leafy heartlands, campaigns have included demands for an M&S. But a third runner has entered the traditional two-horse race with the Tories in Ed Davey’s own backyard – the Kingston Independent Residents Group. Kingston upon Thames is both the geographic and the spiritual home of the Liberal Democrats. The leafy south [...]

‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks

Championship play-off final: Hull or Middlesbrough stand to gain £200m

This Royal Albert Hall event is a must-book for film lovers

By: Simon Hunt

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