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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FTSE 100 hits fresh record after gold and silver rout

February 2, 2026

The FTSE 100 hit a fresh record on Monday despite being swept up in a global sell-off of metals and tech stocks that had pushed Asian and European stock markets deep into the red earlier in the day. The UK’s blue-chip index closed up 118 points to end the day at an all-time high of [...]
‘Well done Petey’: Epstein advised Mandelson on $6m Deutsche Bank role

February 2, 2026

Peter Mandelson sought advice from convicted paedophile Jeffrey Epstein on a possible job offer worth up to $6m from Deutsche Bank as part of a joint campaign to land the former business secretary lucrative roles in finance after Labour lost the 2010 election, newly released emails show. According to messages published by the US Department [...]
‘Liz Truss-lite’: Is Japan in the midst of a sovereign debt crisis?

January 22, 2026

Japan’s long-dated bonds suffered their worst sell-off this century on Tuesday. Ali Lyon asks whether the rout could spark a full-blown debt crisis? For decades, the world’s fixed income investors have been sucked in – and spat out – by an alluring trade on Japan’s government bonds. Secure in their belief that the securities’ unfathomable, [...]
Trump rows back from tariff threat after scathing Davos speech

January 21, 2026

Donald Trump has rowed back from a radical plan to apply tariffs on European countries objecting to his demands to annex Greenland, just hours after launching a scathing attack on the continent’s leaders during a historic address at Davos. In a post on his social media app, the President revealed he had reached a “framework [...]
George Osborne: I got gig with Sam Altman by cold-calling OpenAI

January 21, 2026

For most people, the hunt for a plum job is a torturous process involving cover letters, CVs and several rounds of interviews. But if you’re a former chancellor of the exchequer it seems all you need to do, is cold-call human resources and you can land a top role at one of the world’s fastest-growing [...]
Citadel’s Griffin condemns Trump’s Federal Reserve attack

January 21, 2026

Donald Trump’s onslaught against the Federal Reserve is a political misstep that will put “he and his party in a precarious position”, Citadel founder Ken Griffin has said, in one of the most stinging rebukes from a US business luminary since the White House launched legal action against the central bank last week. Speaking at [...]
Non-doms are descending on Milan – and getting a divorce

January 21, 2026

Thanks to its generous flat-tax regime, Milan has become a popular bolthole for former UK-based non-doms. But, asks Ali Lyon, does the opening of a new divorce law firm in Italy’s financial capital suggest some of its new residents are regretting their decision? The United Kingdom’s decision to abolish the non-dom regime last year has [...]
Investment trust rejects hedge fund assault ending Saba saga

January 20, 2026

Shareholders of a major investment trust have roundly rejected a move by hedge fund tycoon Boaz Weinstein’s Saba to force through a radical shake-up of its leadership and investment philosophy. At a crunch Requisitioned General Meeting, Edinburgh Worldwide Investment Trust (Ewit) investors representing some 93 per cent of shares – excluding those held by Saba [...]
Independent to run London Standard newspaper

January 20, 2026

Independent Media is poised to run the digital and commercial operations of the London Standard, little more than a year after the freesheet pared back its print operation to focus on a weekly edition. Staff were informed in a memo circulated on Tuesday that the Lord Evgeny Lebedev-owned Standard was “in the process of negotiating [...]
Peter Kyle: Tariff tension could delay UK-US trade talks

January 20, 2026

Donald Trump’s threat to unleash another round of tariffs on UK goods could delay work on the UK-US trade deal’s final stages, according to business secretary Peter Kyle, who branded the latest tensions “lose-lose” for Britain and America’s economies. The minister for business and trade warned the White House’s move to charge a 10 per [...]

Ealing stalls on Voi contract as ‘sensitive discussions’ threaten West London e-bike network

Nations Championship: Monzo makes first move into rugby, with Allianz and ITV

‘Dangling perilously off a horse’: can an ordinary bloke play polo?

By: Ali Lyon

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