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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Budget: Income tax thresholds frozen by Rachel Reeves

November 26, 2025

Income tax thresholds will be frozen until the end of the decade, despite the Chancellor previously branding the tax trick as a “stealth tax” tantamount to “pickpocketing”from working people. According to the OBR’s unprecedented leak of Budget contents, the Chancellor chose to freeze the bands at which different rates of income tax are introduced for [...]
Rival Heathrow bidder vows to plough on despite proposal snub

November 26, 2025

The hotel billionaire behind a rival bid to develop Heathrow’s third runway has vowed to continue his pursuit to oversee the expansion despite ministers favouring a proposal submitted by the hub’s current owner that involves rerouting the M25. Transport secretary Heidi Alexander confirmed on her decision to proceed with the £49bn vision from Heathrow Airport [...]
Bond market braces for gilt and sterling tremors

November 26, 2025

Bond market participants are bracing for a fresh round of turbulence in the aftermath of Wednesday’s Budget, with investors rejigging their exposure to gilts having warned the Chancellor’s fiscal plans are “very much under the microscope”. Rachel Reeves is expected to use her second major fiscal shake-up mount a historic tax and spend consolidation in [...]
BCC boss: Enough taxes. The Budget must tell a positive story

November 25, 2025

Last autumn, the British Chambers of Commerce and its members were left shell-shocked when a party that promised to be the most ‘pro-business in history’ used its maiden Budget to deliver a succession of hammer blows to the private sector. Having shouldered the burden last year, boss Shevaun Haviland wants this year’s instalment to paint [...]
Government to back ‘gold-plated’ Heathrow expansion

November 24, 2025

The government is poised to plough ahead with a controversial £49bn plan to build a third runway over the M25 proposed by the owner of Heathrow airport, despite warnings from airline bosses that it will make the hub more expensive and the construction process considerably more complicated. Transport secretary Heidi Alexander will confirm the decision to [...]
The FTSE 100’s good year masks a much deeper problem

November 24, 2025

The FTSE 100 has had a good year by recent standards. Up nearly 16 per cent, it has outperformed the S&P 500, Nasdaq, Stoxx 600 and Paris’s Cac. What’s more, three new listings in October even suggested that a well-documented dearth of IPOs was coming to an end. But a look below the surface shows [...]
Eurotunnel ‘pursuing legal process’ with government over business rates

November 20, 2025

The firm behind the Channel Tunnel train will pursue legal action against a UK government agency and pull out of all its future investment in Britain unless plans to triple its business rates bill are aborted. Eurotunnel is poised to scrap its multimillion-pound plans to revive a major freight terminal in east London and cancel [...]
British Airways to sponsor AEG’s major new Olympia events venue

November 20, 2025

British Airways has been named as the headline sponsor of Olympia’s new event venue, as the west London exhibition centre nears the completion of its £1.3bn regeneration. The partnership will give the UK’s flagship carrier naming rights to the megaproject’s concert venue arena and theatre, and see the venues integrated into a destination as part [...]
Bake-off: Ex-WH Smith finance chief withdraws from Greggs role after audit blunder

November 19, 2025

The former finance chief of WH Smith will no longer take up a position on the board of Greggs after a damning audit report into the travel retailer revealed inconsistent accounting practices during his stint as finance boss. In a statement to investors on Wednesday, the high-street bakery confirmed that Robert Moorhead, who stepped down [...]
Family businesses on brink after inheritance tax crackdown

November 19, 2025

The damage wrought by the Chancellor’s inheritance tax crackdown on family firms has been laid bare by fresh research that found over a third are on the brink of closure before the end of the parliament. A poll of family business owners found nearly two thirds of the UK’s 4.8m family businesses are worried about [...]

Reeves hints at ‘scope’ for energy package amid inflation rout fears

2026 Fifa World Cup: Iran ‘welcome’ despite US military attacks, Trump

Mother’s Day 2026: 5 amazing ways to celebrate in London

By: Ali Lyon

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