Simon Hunt

London

City Editor at City A.M.

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Articles

Imperial Brands CEO to leave FTSE 100 giant as successor named

21 hours ago | cityam.com | Simon Hunt

Wednesday 14 May 2025 9:03 am Imperial Brands CEO to leave FTSE 100 giant as successor named Stefan Bomhard joined Imperial in July 2020 (Credit: Imperial Brands) The boss of Imperial Brands is to retire after five years at the helm of the business at the London-listed tobacco giant.
CMA to investigate Aviva's £3.7bn Direct Line deal

21 hours ago | cityam.com | Simon Hunt

Wednesday 14 May 2025 8:20 am CMA to investigate Aviva’s £3.7bn Direct Line deal Direct Line previously rejected a £3.3bn bid from Aviva The UK’s competition watchdog has begun an investigation into insurance giant Aviva’s proposed £3.7bn acquisition of Direct Line.
Is Rachel Reeves breaking up with the OBR?

23 hours ago | cityam.com | Simon Hunt

Wednesday 14 May 2025 6:19 am | Updated: Tuesday 13 May 2025 6:27 pm Is Rachel Reeves breaking up with the OBR? Chancellor Rachel Reeves’ Mansion House speech last year indicated major pension reforms were coming.
City bigwigs react to Mansion House Accord

1 day ago | cityam.com | Simon Hunt

Wednesday 14 May 2025 5:00 am | Updated: Tuesday 13 May 2025 6:59 pm ‘Cautious welcome’: City bigwigs react to Mansion House Accord City analysts and politicians have been probing the ramifications of the Mansion House Accord, a new deal spearheaded by the government that aims to encourage more diverse investments by pension funds. The accord, which was signed by seventeen major pension funds yesterday, is a voluntary commitment to allocate ten per cent of funds to private markets, with at...
Bytes Technology warns on increased cyber risk as profit jump

1 day ago | cityam.com | Simon Hunt

Tuesday 13 May 2025 9:42 am Bytes Technology warns on increased cyber risk as profit jump (Photo by Sean Gallup/Getty Images) Bytes Technology has warned of the increased risk of cyber threats as the Leatherhead-based business reported a jump in profit.
Pension funds sign Mansion House Accord in £50bn boost to UK

2 days ago | cityam.com | Simon Hunt

Tuesday 13 May 2025 1:00 am | Updated: Monday 12 May 2025 6:40 pm Pension funds sign Mansion House Accord in £50bn boost to UK The UK economy could be about to receive a £50bn cash injection after Britain’s biggest pension funds pledged to redirect resources into private markets in a major policy shift.
Pension funds that don't back UK 'should be named and shamed'

2 days ago | cityam.com | Simon Hunt

Monday 12 May 2025 2:59 pm Pension funds that don’t back UK assets should be named and shamed, Phoenix boss says Sir Nicholas Lyons Pension funds that don’t invest in UK assets should be named and shamed, the architect of the Mansion House Compact has said, as he called for “bold” action to address problems in London’s capital markets.
Starmer mustn’t let Trump kill the Digital Services Tax

2 days ago | spectator.com.au | Simon Hunt

Donald Trump has his eyes on Britain’s Digital Services Tax (DST). The tariff-touting US President insists that the tech firm tax must be scrapped if the UK is to have the ‘deep’ trade deal on technology it desires. So far the government has demurred, but, with Keir Starmer disclosing last week that there are ‘ongoing discussions’ about the tax, it may yet capitulate.
Starmer mustn't let Trump kill the Digital Services Tax

2 days ago | spectator.co.uk | Simon Hunt

Donald Trump has his eyes on Britain’s Digital Services Tax (DST). The tariff-touting US President insists that the tech firm tax must be scrapped if the UK is to have the ‘deep’ trade deal on technology it desires. So far the government has demurred, but, with Keir Starmer disclosing last week that there are ‘ongoing discussions’ about the tax, it may yet capitulate. I think it would be foolish to do so. Trump thinks the tax is a punitive one aimed directly at the US.
Immigration rules to be 'tightened up' in Labour white paper

2 days ago | cityam.com | Simon Hunt

Monday 12 May 2025 8:19 am Immigration rules to be ‘tightened up’ in Labour white paper The Prime Minister will say staying in the UK is ‘a privilege not a right’ The prime minister is set to unveil sweeping reforms to the UK’s immigration system in a bid to curb levels of net migration.

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