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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Tulip Siddiq: Bangladesh files criminal case against City minister

January 14, 2025

Bangladeshi authorities have filed a criminal case against under fire City minister Tulip Siddiq, alleging that she has misused her position as a member of parliament to gain undue influence. She is also accused, along with her aunt the deposed Bangladesh Prime Minister, of having illegally obtained desirable plots of land. The revelation is the [...]
Petition against WPP four-day office policy hits 10,000 signatures

January 13, 2025

A petition demanding that WPP revokes its new four-day office policy has attracted over 10,000 signatures in just four days, as backlash from staff grows against the ad giant’s decision to mandate a higher level of attendance at its offices worldwide. The Change.org petition, which claims to have been set up by a group of [...]
Transparency group calls for Siddiq to step back from anti-corruption brief

January 13, 2025

Embattled City minister Tulip Siddiq should relinquish the economic crime and corruption element of her remit in light of ongoing investigations, the UK’s leading anti-corruption body has said. The UK Anti-Corruption Coalition (UKACC), a group of leading British transparency organisations, said in a statement that Siddiq “has a serious conflict of interests”, irrespective of the [...]
Liz Truss sends cease and desist letter to Starmer over economy crash claims

January 9, 2025

Liz Truss has sent a cease and desist letter to Keir Starmer demanding he stops claiming she crashed the economy. Lawyers acting on behalf of the former Prime Minister wrote that the statement is “false and defamatory”, in a letter to Starmer in which they threatened to pursue legal action if he keeps making the [...]
Bond tumult prompts comparisons with Britain’s 1970s debt crisis

January 9, 2025

The turmoil engulfing the UK gilt market has shades of the country’s debt crisis in the 1970s which culminated in the then Labour government needing a bailout from the IMF, according to multiple financial heavyweights. Nigel Green, chief executive of of the the world’s largest independent advisory businesses, called the market bedlam, which has seen [...]
Meta oversight co-chair: ‘Huge problems’ with Zuckerberg changes

January 8, 2025

The co-chair of Meta’s oversight board has said there are “huge problems” with some of the changes Mark Zuckerberg has announced to the social media platforms’ content moderation, adding that members of the board are “not on board” with many of the reforms. Helle Thorning-Schmidt, who, as well as her role with Meta’s independent oversight [...]
Pressure mounts as Bangladeshi authorities request Tulip Siddiq’s bank details

January 7, 2025

Bangladesh’s anti-money laundering agency has demanded information on the bank accounts and transaction records of the UK’s City minister as part of a probe into allegations that her family embezzled billions from major infrastructure deals in Bangladesh. Tulip Siddiq, whose remit includes tackling corruption in business and finance, is accused by Bangladeshi authorities of having [...]
WPP staff made to work from the office four days a week

January 7, 2025

Staff at FTSE 100 ad giant WPP will be made to come into the office four days a week under a new policy announced to staff just weeks before it is set to lose its crown as the world’s largest advertising firm to Publicis. Boss Mark Read confirmed the policy change at the London-listed media [...]
City grandees named in the New Year Honours list 2025

December 31, 2024

Former HSBC boss Noel Quinn, Babcock chair Ruth Cairnie and the Network Rail chief executive Andrew Haines are among the big names from business and industry to be included in the New Year Honours list for 2025. The trio of heavyweights were given knighthoods and a damehood for their services to industry, transport and financial [...]
The purposeful CEO is dead: Long live the ‘corporate diplomat’

December 31, 2024

The era of green-centric grandstanding by CEOs might be over – welcome to the age of corporate diplomacy, writes Ali Lyon It had never been more essential, Blackrock’s Larry Fink wrote in the 2022 edition of his widely-read annual letter to CEOs, for bosses “to have a clear purpose”. “Putting your company’s purpose at the [...]

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By: Ali Lyon

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