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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From CND to evangelist: Julia Pyke has nuclear ambitions for Sizewell C

August 22, 2025

Julia Pyke has fended off judicial reviews and staunch local opposition, and waded through Britain’s unwieldy Treasury ‘Green Book’ process to get Sizewell C commissioned by the government. Now, she tells Ali Lyon, there’s just the small issue of building what will be the UK’s joint-largest power plant. It was in 1980s Lichfield – the [...]
One in five hospitality firms have no cash reserves after tax raid

August 20, 2025

A fifth of British hospitality businesses have no cash reserves left and nearly eight in 10 have raised prices as they battle to shoulder the succession of cost hikes placed on them at last year’s autumn Budget. Fresh data from four of the sector’s trade bodies showed that 69 per cent of members have less [...]
Defence: Babcock, BAE, Rolls-Royce plunge on Ukraine summit

August 19, 2025

London-listed defence stocks plunged across the board on Tuesday, after this week’s talks between Washington and Ukraine led traders to pare back bets on the role that European countries will play in any post-ceasefire peacekeeping efforts. Shares in FTSE-100 engineering group Babcock – one of the best performing companies on the London Stock Exchange this [...]
Just how many non-doms are leaving the UK?

August 19, 2025

Since the Chancellor announced her non-dom crackdown, advisers, campaign groups and economists have warned an exodus of wealthy foreigners is afoot. But after a report claimed that departures were less extreme than feared, Ali Lyon digs into the data. There are lies, damned lies, and statistics. Popularised by Mark Twain, the phrase describes people’s tendency [...]
Exclusive: Business Live dropped from Sky News in ‘premium’ push

August 18, 2025

Sky News has cancelled its daily Business Live news programme, leaving the channel without a stand-alone business programme for the first time since 2007, City AM can reveal. The broadcaster’s top brass informed staff about the decision in a memo on Monday evening, telling editorial employees that the show “will not return to the TV [...]
Tory MP takes chainsaw to workers’ rights package in new video

August 18, 2025

The shadow secretary of state for business has channelled Argentina’s red-tape-slashing President, Javier Milei, in a new video in which he vows to “take a chainsaw” to the government’s 300-page workers’ rights overhaul. Tory MP Andrew Griffith filmed himself cutting through the tome of new legislation that the Employment Rights Bill will foist on employers, [...]
UK’s largest bioethanol plant to shut after US trade deal

August 15, 2025

The UK’s largest bioethanol plant is to shut, its owner has said, after the government decided not offer the struggling factory an emergency funding settlement after months of fraught negotiations. Vivergo Fuels had been locked in talks over its future with the business department since June, after it warned an element of the UK-US trade [...]
Inheritance tax crackdown will not spark family farm firesale, study finds

August 14, 2025

Most farmers will be able to shoulder the inheritance tax bill foisted on them by the Treasury at last autumn’s Budget without having to sell their family farm, according to a fresh analysis which also proposed new ways the reforms could be “better targeted.” The paper, from independent tax think tank the Centre for the [...]
Centrica: British Gas owner’s shares rise after £1.5bn deal revealed

August 14, 2025

Shares in Centrica, the FTSE 100 owner of British Gas, have jumped after it joined forces with Energy Capital Partners (ECP) to snap up Europe’s largest liquefied natural gas (LNG) terminal for £1.5bn In a statement issued to the London Stock Exchange, Centrica hailed its bumper acquisition of the National Grid’s Grain LNG, which stores [...]
‘IPO jungle drums starting to beat’: City grandees eye autumn flurry

August 14, 2025

Global equities climbed to a record high on Wednesday, aided by yet another day in the green for the FTSE 100 that has sparked a rare bout of optimism among City grandees that life could be breathed into the Square Mile’s beleaguered IPO market this autumn. Stock markets in London, New York and across Europe [...]

Burnham and Rayner to hand Mayors new powers to tax tourists

Here’s to the quiet heroism of county cricket: Pride, jeopardy and extraordinary matches

Pernod Ricard’s results highlight the challenges for Scotch

By: Ali Lyon

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