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      Diesel crisis: UK minister holds emergency talks with US Energy Secretary

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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 1097 Articles
  • FCA boss sounds alarm financial system resilience

    October 22, 2025

    The boss of the Financial Conduct Authority (FCA) has sounded the alarm on Britain’s resilience against escalating geopolitical tensions, warning the country’s financial system is not sufficiently prepared the confluence of escalating security threats it faces. In a speech calling for finance to be put at the heart of the UK’s defence strategy, Nikhil Rathi [...]

  • Third runway shortlist revealed as ministers push for fast take-off

    October 22, 2025

    The transport secretary has shortlisted two potential operators to oversee the development of Heathrow’s third runway as part of an overhaul of the planning process that she hopes will speed up the megaproject’s delivery. Heidi Alexander told MPs on Wednesday that bids from incumbent operator Heathrow Airport Limited (HAL) and the ‘Heathrow West’ proposal from [...]

  • Lord Mayor calls for ‘attitude shift’ in City

    October 22, 2025

    The UK’s world-leading financial services sector must adopt a more positive attitude that puts innovation and entrepreneurial spirit at its heart, the Lord Mayor will say in a speech in which he is also expected to urge City regulators to redouble their efforts to slash red tape. In what will be some of his last [...]

  • Investment minister Jason Stockwood: I don’t want to be political

    October 22, 2025

    Jason Stockwood insists he hadn’t been angling for a plumb ministerial job before the call from Keir Starmer asking for him to be investment minister came six weeks ago. The serial entrepreneur – and Grimsby Town Football Club co-owner – had, instead, been “moaning” about the paucity of politicians with genuine business experience, when the [...]

  • Darktrace boss blames employee share rules for London exit

    October 22, 2025

    The boss of Darktrace has said that the London Stock Exchange’s restrictive rules over offering options and equity to staff drove its decision to leave the UK bourse in 2023, saying it limited its ability to attract and retain talent. Jill Popelka told a Bloomberg event that the “limitations” meant that as a London-listed company [...]

  • Reeves ‘flying blind’ on non-doms as ultra-rich couple move to Milan

    October 21, 2025

    Rachel Reeves will go into next month’s budget “flying blind” over the number of non-doms that have left the UK, a new report has warned on the day that a high-profile couple relocated to Milan in response to the Chancellor’s crackdown last autumn. The study, which was compiled by former Treasury economist Chris Walker, found [...]

  • Plus500 boss: Scrapping shares tax would boost market efficiency

    October 20, 2025

    Scrapping stamp duty on shares would help improve market efficiency and bolster the health of London’s capital markets, the boss of Plus500 has said after a jump in customers’ deposit sizes helped the trading platform beat analyst expectations. David Zruia told City AM that trading volumes would invariably go up if the Chancellor heeded growing [...]

  • FTSE suffers worst day since April amid credit market jitters

    October 17, 2025

    The FTSE 100 suffered its worst session since April on Friday, after a sell-off in US regional banks caused jitters to sweep through global equities markets. Banks led losses on the UK’s blue-chip index as a risk-off mood prevailed across the world, with bond yields falling and the price of gold hitting yet another all-time [...]

  • Ferrari cut UK supply after Labour’s tax raid on wealthy

    October 17, 2025

    The boss of Ferrari has blamed the Labour government’s crackdown on wealth for its decision to cut the number of cars it sells in the UK, saying that a “stabilisation” in demand was happening in the country. Chief executive Benedetto Vigna told the Financial Times that his firm had reduced allocations of its supercars to [...]

  • Exclusive: Reeves poised to roll out ‘concierge service’ for investors

    October 16, 2025

    The Treasury is preparing to launch its ‘concierge service’ to help international firms invest and expand in the UK as soon as this week, City AM can reveal, in a move ministers hope will attract as much as £10bn of foreign investment into the UK. The new service – also dubbed an ‘investment hub’ – [...]

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