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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TfL decommissions Oxford Circus air conditioning despite sweltering heat

May 27, 2026

Temperatures may be hitting record highs in the capital but City commuters are unlikely to find relief from the heat underground, after TfL decided to decommission the air conditioning systems at one of its busiest stations. London’s transport operator unveiled plans in 2012 to install air cooling systems at Oxford Circus and Green Park, two [...]
Crude language is the least of BP’s Manifold problems

May 27, 2026

Yesterday saw the ousting of BP chair Albert Manifold after less than one year in the role. According to various media reports, Manifold was “shouty” and “aggressive”, with a “volcanic temper”. But try as it might to escape crude language, BP’s board may soon suffer similar missives from its shareholders after another c-suite scandal left [...]
Cryptoasset approvals surge as FCA softens stance

May 26, 2026

The approval rate for cryptoasset firm registrations has surged, City AM can reveal, in signs the UK’s financial watchdog is softening its stance towards the crypto industry. As many as 13 cryptoasset firm registrations were approved by the Financial Conduct Authority (FCA) in the year to April 2026, a more than doubling compared to 2024, [...]
The Rest is Investing: Gary Lineker-backed Goalhanger launches venture capital arm

May 26, 2026

The UK’s biggest independent podcast group is launching its own venture capital arm, City AM can reveal, as it reinvests the fruits of its success by building stakes in other media startups. The Kennington-based business, which was co-founded by former BBC presenter Gary Lineker and produces The Rest is History, The Rest is Entertainment and [...]
Shawbrook weighs Aldermore bid as Firstrand looks to offload challenger bank

May 25, 2026

Shawbrook is reportedly weighing up a merger with rival Aldermore after its owner put the challenger bank up for sale. The lender, which debuted on the London Stock Exchange last year, is in the early stages of considering a takeover, according to Sky News’ Mark Kleinman. South Africa-based financial services group Firstrand, which bought Aldermore [...]
Oyster Shed: Jeremy Clarkson’s Hawkstone helps pub chain Young’s to biggest day of takings in 200 years

May 22, 2026

One of the Square Mile’s best-known watering holes has marked the biggest single day of takings of any venue owned by pub chain Young’s since it was founded nearly 200 years ago, City AM can reveal. And the Oyster Shed had a helping hand from one of the best-known names in UK television: Jeremy Clarkson, [...]
No, London’s economy hasn’t lost its lustre. Here’s why

May 21, 2026

The FT has once again remembered to write about London, the city in which the paper was founded and where the lion’s share of its staff, and its readership, is based. Though it turns out the pink’un hasn’t many nice things to say. London’s economy has lost its lustre, the paper writes. Among the evidence [...]
PRs: This is how to handle conflict

May 21, 2026

As a humanities student, one of the academics I cited regularly was the 20th century philosopher AJ Ayer. Ayer is credited, among other things, with popularising, in the English speaking world, the movement of logical positivism – which, to oversimplify, is a theory of the meaning of statements about the world. Few academics were more [...]
‘We’ll keep acquiring’: Young’s sets sights on buying up dozens more London pubs

May 21, 2026

One of London’s biggest pub chains has said it wants to buy up dozens more pubs after cheering the success of recent takeovers. Young’s, which currently operates around 280 pubs across the country, has set a medium-term target of expanding its estate to 350 pubs. The group has been on a major acquisition spree over [...]
BT overhauls dividend policy as it vows ‘enhanced distributions’ for shareholders

May 21, 2026

BT has refreshed its dividend policy as the telco giant vowed to deliver “enhanced distributions” for shareholders. The FTSE 100 member declared a final dividend of 5.87p, increasing its full-year dividend by 2 per cent to 8.32p. BT said its new policy would be to “grow the dividend by low to mid single digit percent [...]

Adobe and LinkedIn target AI skills gap in marketing roles

Children as young as 14 are being targeted by unregulated gambling firms on social

Old Pulteney releases 50-year-old whisky for 200th anniversary

By: Simon Hunt

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