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      The unhelpful nationalism of ‘Buy British’ in defence

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By: Ali Lyon

chief reporter 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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All 1060 Articles
  • Ministers open door to phased Heathrow third runway plan

    June 18, 2026

    Heathrow’s third runway expansion may be built over several phases in a bid to hit the government’s ambitious timeline, opening the door to a proposal tabled by rival bidder Heathrow West. In planning documents published by the Department for Transport on Thursday, the government said that a phased construction of the mega-project may be necessary [...]

  • Mining boss: Platinum to become a central bank reserve asset

    June 18, 2026

    Central banks could turn to platinum as the next frontier of their shift to bolster reserves with precious metals in favour of the US dollar, the boss of a leading miner has predicted. Valterra Platinum chief executive Craig Miller said that the world’s reserve banks are increasingly likely to view platinum as a safe haven [...]

  • Saba ramps up demands for Workspace break-up

    June 17, 2026

    Notorious activist investor Saba has dialled up its efforts to force a London-listed property trust to sell off its portfolio of offices, warning the firm’s revamped strategy was fraught with “considerable execution risk”. In an excoriating open letter, the New York-based hedge fund, which is run by pugnacious founder Boaz Weinstein, called on flexible office [...]

  • Baillie Gifford in line for Anthropic windfall just months after £3.6bn SpaceX bonanza

    June 17, 2026

    Scottish investment shop Baillie Gifford is in line to more than triple its money on its stakes in Anthropic when the AI juggernaut floats on the stock market this summer, just months after netting a £3.6bn gain on its historic SpaceX punt. Three of the Edinburgh-based asset manager’s flagship trusts could use Anthropic’s eagerly awaited [...]

  • Shipping chief: Hormuz tankers reluctant to leave Gulf despite Iran deal

    June 17, 2026

    Shipping firms remain reluctant to navigate the Strait of Hormuz sea passage despite this week’s peace deal, according to a boss of the industry’s lobby group who warned that trade volumes will not return to full capacity until next year. Peter Aylott, director of policy at the UK Chamber of Shipping, told City AM that [...]

  • UK manufacturers facing ‘steel quota cliff edge’

    June 16, 2026

    Manufacturers are facing a cliff-edge from the government’s incoming steel tariffs that are likely to inflict “huge damage” on the UK economy, Britain’s largest industry body has warned. In a fresh statement, the British Chambers of Commerce (BCC) sounded the alarm on the impact that that new duties on foreign-produced steel will have on importers, [...]

  • Activist investor pushing for M&C Saatchi break-up builds stake

    June 16, 2026

    A notorious activist investment firm has added to its stake in M&C Saatchi in a move that brings it a step closer to orchestrating a break-up of one of Britain’s best-known advertising companies. Harwood Capital now owns more than eight per cent of the eponymous agency founded by advertising tycoons Maurice and Charles in 1995, [...]

  • ‘Banker’ arrested in connection with ‘Putney pusher’ attack

    June 15, 2026

    Police looking for the so-called Putney pusher have arrested a man in connection with the case, nine years after CCTV footage appearing to show a woman being pushed into an oncoming bus triggered a high-profile manhunt. The 44-year-old male was detained by the Metropolitan Police on Monday despite detectives closing their investigation into the incident [...]

  • Bank of England’s Bailey defends bond sale programme

    June 15, 2026

    Andrew Bailey has launched a robust defence of the Bank of England’s controversial bond sale programme, arguing it will provide the firepower for another round of quantitative easing in a market downturn. Writing in The Times, Bailey argued the central bank’s move to hoover up UK government bonds, known as gilts, in the wake of [...]

  • City chiefs issue rallying cry to counter ‘disinformation’ about London’s decline

    June 3, 2026

    A group of influential City chiefs have thrown their weight behind an industry-wide campaign to tackle “disinformation about London” and promote the capital as an innovative hub for global investment. All four of the financial sector’s largest industry bodies have signed up to Team UK, a new initiative spearheaded by the Lady Mayor of London, [...]

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