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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Aston Villa’s non-dom owner leaves UK for Italy

April 2, 2025

The billionaire co-owner of Aston Villa football club has become the latest wealthy foreigner to leave the UK in response to the government’s decision to abolish the non-dom regime. According to registry filings, Nassef Sawiris, Egypt’s richest man, is now a resident of Italy. He previously lived in the UK and claimed the country’s generous [...]
London is world’s fourth-most dynamic city

April 1, 2025

London is in the top five cities for companies to lay down roots, a fresh study has found, despite the UK suffering years of economic stagnation and reports of an exodus of its wealthiest and high-skilled residents. According to Savills’ inaugural corporate dynamic wealth index, London is the fourth-best location in the world for major [...]
Probe launched into ONS governance and data quality

April 1, 2025

The government has launched an independent investigation into the UK’s beleaguered statistics watchdog to ascertain how its official data and surveys have become so unreliable. The remit of the probe – commissioned by the Cabinet Office and UK Statistics Authority (UKSA) – will span the Office for National Statistics’ (ONS) culture, leadership and structure, and [...]
British firms brace for ‘eye-watering’ April cost hikes

April 1, 2025

Businesses across the UK are bracing for one of the worst weeks of cost hikes in recent history, with industry groups warning that the “eye-watering” rise in firms’ overheads will hamper investment and hiring, and result in higher prices at the till. Hikes to the minimum wage and employers’ National Insurance contributions announced in October’s [...]
Boss of Mirror publisher quits to join Jockey Club

March 31, 2025

The boss of news publisher Reach has left with immediate effect for a new role at the Jockey Club, the UK’s largest commercial horseracing organisation. Jim Mullen, who has been chief executive at the owner of the Daily Mirror, Daily Express and Daily Star since 2019, is leaving by “mutual agreement”, the firm’s board said [...]
Why are we all saving so much?

March 30, 2025

It’s a question that has been puzzling economists for months. The worst of the cost-of-living crisis is, for most households, moving further into their rear-view mirror. The Bank of England’s rate setters have successfully – if belatedly – reined in the worst of the inflation that caused so many households to tighten their belts after [...]
Mark Kleinman: Monzo chief lands windfall amid listing debate

March 27, 2025

Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles a nice payday for the Monzo boss, an unlikely friendship, and the great British export that is the Premier League. Bravery or foolhardiness? Klarna’s decision to press the button on a US initial [...]
‘Corporate purpose? It went too far’, says man behind Britain’s Davos

March 25, 2025

John O’Brien founded Anthropy – an annual gathering of corporate and political luminaries dubbed ‘Britain’s Davos’ – to help the UK ‘build back better’ from the pandemic. On the eve of its third instalment in the Eden Project’s greenery, Ali Lyon asks the ex-army captain, “Has it failed?” It is October 2022, and a group [...]
Super-prime London property market ‘flourishing’ despite non-dom reforms

March 21, 2025

"London is London, and 2023 and 2024 weren't the best years in the real estate world in general, But the good news is that the UK luxury market has been a little more resilient," Mike Golden co-founder of Christie's International Real Estate (CIRE) said.
Poppy Gustafsson: UK can be ‘safe haven’ amid Trump turbulence

March 20, 2025

The UK can be a beacon of stability to investors and businesses in a world where geopolitical tensions, and “populism and protectionism” are on the rise, the minister for investment has said. Citing the government’s large majority and internationalist outlook, Baroness Gustafsson trumpeted the UK’s offer of long-term certainty to investors, branding the country a [...]

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By: Ali Lyon

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