Simon Hunt

Business & Technology Correspondent

ABOUT

Simon Hunt is the Standard's Business and Technology Correspondent, covering the latest developments at the biggest tech firms in London and beyond. He was previously a wealth reporter for Bloomberg News.... MORE

ABOUT
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Simon Hunt is the Standard's Business and Technology Correspondent, covering the latest developments at the biggest tech firms in London and beyond. He was previously a wealth reporter for Bloomberg News.

<p>Sadiq Khan delivers his victory speech on Saturday</p>
LIVE

'Humbled' Sadiq Khan wins historic third term as London mayor

Labour incumbent outscores Tory Susan Hall in nine of the 14 constituencies declaring their results on Saturday

4 May 2024
<p> (Chris Radburn/PA)</p>
Business

Asda refinances £3.2 billion debt at higher interest rates

The supermarket is aiming to put its finances on a stronger footing after the billionaire Issa brothers and private equity firm TDR’s debt-fuelled acquisition

3 May 2024
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Business

Financial Times signs licensing deal with ChatGPT maker OpenAI

The terms of the deal were not disclosed

29 Apr 2024
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Business

Darktrace to be bought by Thoma Bravo for $5.3 billion

Billionaire investor Mike Lynch stands to net £170 million from the deal

29 Apr 2024
<p>The boss of the London Stock Exchange Group has seen pay plans that could see him take home more than £13 million in salary and bonuses approved by shareholders.</p>
Business

The London Stock Exchange won't recover without the tech sector

City Comment: The LSE’s tech incumbents appear to be seizing the first chance to exit

27 Apr 2024
<p>The UK’s top stock market index dipped on Monday (Yui Mok/PA)</p>
Business

It's hard for tech firms to IPO in London. Each buyout makes it harder

City Comment: Listing in London feels like crossing crocodile-infested waters for tech firms today

26 Apr 2024
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Business

Pret A Manger in board shake-up amid battle to cut debts

The sandwich chain had racked up loans and borrowings of £700 million by the end of 2022

24 Apr 2024
<p>The boss of Asda has today insisted that the owners of the supermarket are still ‘in it for the long-haul’ despite reports that one of the billionaire Issa brothers is seeking to exit the business.</p>
Business

Asda boss claims owners 'in it for long-run' amid Issa brothers rift

Reports last week said Zuber Issa is seeking to sell his 22.5% stake in Asda to private equity firm TDR Capital,

23 Apr 2024