By: Ali Lyon

Ali Lyon is the chief reporter at City AM, responsible for covering the full gamut of business, finance and wealth news. He has been at City AM full-time since July 2024. Get in touch with tips via email: ali.lyon@cityam.com. Follow Ali on X: @alilyon_94

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Airlines clash over Heathrow regulation

Aviation

Airlines have found themselves at loggerheads over the future of Heathrow, after one American carrier warned against the break-up of the owner’s monopoly even as others double down on calls for a new third runway operator. According to a freshly published consultation document from the Civil Aviation Authority, Delta Air Lines told regulators that a [...]
Government nationalises British Steel

Industrials

The government has brought British Steel under state ownership after the steelmaker’s nationalisation passed a public interest test. The Prime Minister said the move “secured the future of British steelmaking”, and follows the introduction of fresh legislation that made it easier for ministers to forcefully nationalise steel companies. Scunthorpe-based British Steel has appointed a revamped [...]
Burnham opens door to wealth tax

Tax

Andy Burnham has refused to rule out a wealth tax as part of his economic agenda, saying the country needs a “greater sense of fairness”. In his first formal interview since being all but confirmed as the next Prime Minister, the former Manchester mayor warned that decisions on tax were “going to be difficult” and [...]

Finsbury lines up Games Workshop splurge using merger windfall

July 15, 2026

Nick Train’s Finsbury Income and Growth fund is preparing to launch a spending spree on Games Workshop shares after pocketing a windfall from a string of acquisitions in its portfolio. The FTSE 250 investment trust – which can trace its roots back over a century – unveiled plans to use both debt and returns from [...]
Activist investor pushes for M&C Saatchi break-up in ‘next year’

July 15, 2026

The investment firm pushing to break up M&C Saatchi has predicted that the advertising agency will not exist in its current structure within a year, in a move that would see one of Britain’s most well-known advertising agencies depart from the stock exchange. Christopher Mills, the founder of notorious activist investment shop Harwood Capital, said [...]
UK borrowing costs soar as Iran ceasefire collapses

July 14, 2026

The UK’s borrowing costs have sailed past five per cent for only the third time since the onset of the Iran war, in a headache for Andy Burnham just days before he enters Downing Street. The yield on the UK’s 10-year government bond – the benchmark for a country’s long-term ability to borrow – climbed [...]
London Stock Exchange overhaul will ‘damage trust’, top investors warn

July 14, 2026

The London Stock Exchange’s plans to relax reporting standards on its embattled junior market risk damaging shareholder trust and deterring already sceptical institutional investors, a group of investment bosses has warned. In a letter to LSE boss Julia Hoggett, spearheaded by the Quoted Companies Alliance (QCA), six fund managers said proposals to remove the need [...]
Industry bodies call on Burnham to bring down energy bills to fire up growth

July 14, 2026

Andy Burnham’s government must slash green levies on companies’ energy bills and bring forward support for energy-intensive industries if it wants to fire up Britain’s economy and win over a sceptical private sector, two of Britain’s largest industry bodies have said. In a joint report published today, the CBI and Energy UK called on the [...]
Trump reinstates US blockade of Strait of Hormuz

July 13, 2026

Donald Trump said the United States has restored its blockade of Iranian ships in the Strait of Hormuz and would demand a 20 per cent fee on all other cargo transiting the shipping lane. In a further breakdown of relations with Iran, the President said the US Navy would stop “Iran’s ships entering or leaving” [...]
UK inks trade deal with Switzerland – despite shouting match

July 13, 2026

The UK and Switzerland have inked a new free trade deal that ministers say will boost Britain’s services economy by some £5.2bn a year – despite talks breaking down just weeks ago to such an extent that both parties were “shouting at each other”. The agreement is the largest the UK has negotiated since it [...]

Tiktok ‘confident’ ahead of Ofcom child safety probe

World Cup demand pushes price of private jet charters up 30 per cent

Oura Ring 5 vs Google Fitbit Air: The battle of the fitness trackers

By: Ali Lyon

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