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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Labour to unveil new Birmingham-Manchester rail link after HS2 fiasco

January 13, 2026

Ministers are poised to unveil plans to build a new railway line running from Birmingham to Manchester as part of a major overhaul of rail infrastructure in the North – but it won’t break ground for roughly a decade. Rachel Reeves will reveal the heavily delayed shake-up of east-west railway lines across the north of [...]
Central banks throw weight behind Fed after Trump assault

January 13, 2026

Some of the world’s most prominent central banks have issued a full-throated support of the Federal Reserve and its chair Jay Powell, after Donald Trump’s campaign against its independence escalated with a Department of Justice legal action. In an unusual joint intervention, 11 central banking chiefs declared they stood in “full solidarity” with the Fed’s [...]
Former Federal Reserve chiefs round on Trump’s ‘vindictive’ Powell salvo

January 12, 2026

Donald Trump’s unprecedented decision to open a criminal indictment against Federal Reserve chair Jay Powell has been rounded on by all of his living predecessor, who accused the President of running the United States like a developing economy. In a highly unusual joint intervention, Janet Yellen, Ben Bernanke and Alan Greenspan rebuked the President’s most [...]
‘Extreme shareholder destruction’: Fitzwalter dials up assault on Auction Technology Group

January 12, 2026

Auction Technology Group management have been accused of overseeing a period of “extreme shareholder destruction” by its largest shareholder, in the latest salvo of a feud that has seen the auction platform provider rebuff 11 takeover approaches from the firm. In a blistering update to markets on Monday, Fitzwalter Capital said Auction Technology Group’s (ATG) [...]
Calls for hospitality support grow as business rates outcry deepens

January 12, 2026

Calls for the government to extend its rumoured support package for pubs to the entire hospitality industry grew on Monday, after a string of data releases laid bare the bleak outlook for UK venues amid fresh polling that reveals enormous public support for the embattled sector. According to the latest City AM/Freshwater Strategy poll, 70 [...]
Peers warn ‘passive’ Treasury not aware of private credit risks

January 9, 2026

The Treasury is being too passive about the risks posed to the economy by the rapid growth of private credit in the UK, according to an influential group of peers who accused ministers of “handing out the donkey work” of overseeing the sector to regulators. In fresh report examining the systemic risk posed by private [...]
Ministers to offer business rates relief to pubs after backlash

January 8, 2026

Panicked ministers are poised to water down the business rates bombshell faced by pubs, after an aggressive backlash from the industry saw over a thousand landlords ban Labour MPs from their premises. The government is expected to announce an overhaul to the way it calculates business rates for pubs within days, which it says will [...]
Government concedes workers’ rights overhaul will spark surge in tribunal claims

January 8, 2026

The government’s flagship workers’ rights overhaul will spark a 17 per cent surge in employment tribunal cases, according to an official government analysis that claims the radical employment shake-up should reduce joblessness and boost growth. In a paper released on Wednesday, civil servants warned that measures in the act – including bolstering employees’ rights from [...]
Star stockpicker Nick Train buys more shares in his Finsbury Growth trust

January 8, 2026

Star fund manager Nick Train has ploughed over £200,000 into his struggling Finsbury Growth and Income Trust, in a further show of support for the 100-year-old trust’s investment strategy just weeks before a crunch continuation vote to mark its centenary. Train, who has managed the £1.3bn trust’s portfolio since 2000, bought 25,000 shares in the [...]
US investor dials up attacks on investment trust before crunch vote

January 7, 2026

The American hedge fund tycoon behind a campaign to shake up Britain’s investment trust sector has ramped up his attacks on a Baillie Gifford fund ahead of a pivotal shareholder vote, demanding answers over its decision to offload shares in Space X. Boaz Weinstein, the founder of Saba Capital, published an open letter to Edinburgh [...]

‘Biggest change in our lifetime’ – Burnham vows ‘greater public control’ over utilities

Wimbledon stars Sinner and Sabalenka drop threat after progress in prize money talks

A meeting with the breakfast king of Mayfair

By: Ali Lyon

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