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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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 [...]
KKR snubbed as Assura shareholders vote through PHP bid

August 12, 2025

Investors in NHS landlord Assura have voted to accept a bid from its London-listed rival Primary Health Properties, bringing an end to a bitterly fought takeover battle between PHP and private equity behemoth KKR. As many as 63 per cent of Assura’s shareholders voted to approve the £1.8bn cash and equity offer from PHP, accepting [...]
Advertisers have a new audience to sell to: AI models

August 12, 2025

For generations, advertisers have obsessed over how best to win the hearts and minds of consumers. But with people increasingly turning to their large language model of choice for product recommendations, the industry has a new audience to get its head around: artificial intelligence, writes Ali Lyon. David Ogilvy had four golden rules to help [...]
Faberge offloaded by stone miner Gemfields

August 11, 2025

Luxury jewellery maker Faberge has been sold by its London-listed owner Gemfields to a tech entrepreneur in a deal worth $50m (£37.2m). The firm, best known for its opulent, ornate eggs, was sold to Sergei Mosunov’s US-based private equity house, SMG Capital, after coloured stones miner Gemfied announced a strategic review of the brand, after [...]

Heathrow and housing: Griffith pledges ‘most ambitious deregulation project’ in generation

The BBC’s bulletin cuts show how crowded sports broadcasting has become

Is Soho nightlife really dead? We went partying to find out

By: Ali Lyon

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