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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Reach: Profit picks up at Mirror publisher despite falling revenue

July 31, 2024

The Euros and "effective" action on costs helped Reach successfully to shore up its bottom line despite continued dents to revenue due to falling circulations and changes to Meta's algorithm.
Iconic Millbank Tower evicts tenants ahead of conversion into flats

July 31, 2024

The landlord of the iconic Millbank Tower, where the Labour Party hatched its landslide 1997 election campaign and Leave.EU cooked up its winning plans for Brexit, has begun evicting tenants ahead of a long-planned revamp into luxury flats, City A.M. has learned.
Yellow fever: Central banks and private investors keep demand for gold buoyant

July 30, 2024

Private investors and consistent demand from central banks where the two dominant behind the second quarter's consecutive all-time highs in the gold price an industry report has found.
Diageo: Shares at Guinness maker sink as Latin America hangover continues

July 30, 2024

Diageo reported a decline in annual profit on Tuesday as issues in Latin America continued to weigh on the world's largest spirit maker.
Foxtons: London estate agent hikes dividend as turnaround plan gathers steam

July 30, 2024

London estate agent Foxtons has bucked a pallid property market to report healthy rise in revenue and profit, and raise its dividend, in yet another sign of the turnaround being navigated by its new chief executive.
BP: Oil giant lifts dividend as it beats expectations in second quarter

July 30, 2024

Oil giant BP reported a stronger-than-expected net profit for the second quarter and raised its divided despite earlier warnings of lower refining margins.
Entain: Shares tumble after US division predicts full year loss

July 29, 2024

Entain's aggressive expansion in the US helped the gambling firm's American division to bring in over a billion dollars (£780m) of revenue in the first half of the year, as it ramps up marketing spend.
Lloyds housing fund snaps up £300m Watkin Jones scheme in London’s Stratford

July 29, 2024

A housing impact investment fund run out of Lloyds Banking Group has snapped up a new 397 bed purpose-built student accommodation (PBSA) development in Stratford in a deal worth nearly £300m.
C-suite executives list tax certainty as a priority from Reeves, survey finds

July 29, 2024

Clarity on tax is the number most important thing bosses want from the new government, a survey of C suite execs has found.
City hails ‘critically important’ reform as FCA looks to revive IPO market

July 29, 2024

Leading City figures have hailed the Financial Conduct Authority's shake-up of the UK's prospectus regime and listings rules, calling the red tape-slashing proposals "critically important" if the UK is to become "match fit".

What London losing athletics to Nairobi tells us about future World Cup and Olympic bids

What London losing athletics to Nairobi tells us about future World Cup and Olympic bids

XPeng G6: The Electric SUV with Business Appeal

By: Ali Lyon

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