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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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All 1084 Articles
  • Finsbury lines up Games Workshop splurge using merger windfall

    July 15, 2026

    Nick Train’s Finsbury Income and Growth fund is preparing to launch a spending spree on Games Workshop shares after pocketing a windfall from a string of acquisitions in its portfolio. The FTSE 250 investment trust – which can trace its roots back over a century – unveiled plans to use both debt and returns from [...]

  • Activist investor pushes for M&C Saatchi break-up in ‘next year’

    July 15, 2026

    The investment firm pushing to break up M&C Saatchi has predicted that the advertising agency will not exist in its current structure within a year, in a move that would see one of Britain’s most well-known advertising agencies depart from the stock exchange. Christopher Mills, the founder of notorious activist investment shop Harwood Capital, said [...]

  • UK borrowing costs soar as Iran ceasefire collapses

    July 14, 2026

    The UK’s borrowing costs have sailed past five per cent for only the third time since the onset of the Iran war, in a headache for Andy Burnham just days before he enters Downing Street. The yield on the UK’s 10-year government bond – the benchmark for a country’s long-term ability to borrow – climbed [...]

  • London Stock Exchange overhaul will ‘damage trust’, top investors warn

    July 14, 2026

    The London Stock Exchange’s plans to relax reporting standards on its embattled junior market risk damaging shareholder trust and deterring already sceptical institutional investors, a group of investment bosses has warned. In a letter to LSE boss Julia Hoggett, spearheaded by the Quoted Companies Alliance (QCA), six fund managers said proposals to remove the need [...]

  • Industry bodies call on Burnham to bring down energy bills to fire up growth

    July 14, 2026

    Andy Burnham’s government must slash green levies on companies’ energy bills and bring forward support for energy-intensive industries if it wants to fire up Britain’s economy and win over a sceptical private sector, two of Britain’s largest industry bodies have said. In a joint report published today, the CBI and Energy UK called on the [...]

  • Trump reinstates US blockade of Strait of Hormuz

    July 13, 2026

    Donald Trump said the United States has restored its blockade of Iranian ships in the Strait of Hormuz and would demand a 20 per cent fee on all other cargo transiting the shipping lane. In a further breakdown of relations with Iran, the President said the US Navy would stop “Iran’s ships entering or leaving” [...]

  • UK inks trade deal with Switzerland – despite shouting match

    July 13, 2026

    The UK and Switzerland have inked a new free trade deal that ministers say will boost Britain’s services economy by some £5.2bn a year – despite talks breaking down just weeks ago to such an extent that both parties were “shouting at each other”. The agreement is the largest the UK has negotiated since it [...]

  • Easyjet proves too tempting a bargain for gatecrasher Apollo

    July 10, 2026

    Apollo has gatecrashed Castelake’s cut-price Easyjet bid – setting up a potential buyout behemoth battle for the skies, writes Ali Lyon, Stelios Haji-Ioannou, the colourful force behind London’s Easyjet, founded his low-cost carrier on a simple philosophy: promise travellers cheaper fares, and open up budget air travel for millions of customers who for decades had [...]

  • Easyjet agrees to £5.7bn Apollo takeover

    July 10, 2026

    Apollo has agreed to buy budget airline Easyjet for £5.7bn in a shock deal that usurps an earlier bid from alternative asset manager Castlelake. Easyjet said on Friday that it was poised to accept an all-cash offer from the US investment behemoth valuing the airline at 714p a share, trumping the 690p a share bid [...]

  • Grid operator issues fresh heatwave warning over power supplies

    July 9, 2026

    The energy grid operator has warned that the “extreme temperatures” from this week’s heatwave could hit power supplies on Thursday night, as households’ use of fans and air conditioner place a record strain on our electricity system. The National Energy System Operator (Neso) issued a rare overnight notice calling on energy companies to generate additional [...]

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