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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Centrica: British Gas owner’s shares rise after £1.5bn deal revealed

August 14, 2025

Shares in Centrica, the FTSE 100 owner of British Gas, have jumped after it joined forces with Energy Capital Partners (ECP) to snap up Europe’s largest liquefied natural gas (LNG) terminal for £1.5bn In a statement issued to the London Stock Exchange, Centrica hailed its bumper acquisition of the National Grid’s Grain LNG, which stores [...]
‘IPO jungle drums starting to beat’: City grandees eye autumn flurry

August 14, 2025

Global equities climbed to a record high on Wednesday, aided by yet another day in the green for the FTSE 100 that has sparked a rare bout of optimism among City grandees that life could be breathed into the Square Mile’s beleaguered IPO market this autumn. Stock markets in London, New York and across Europe [...]
KKR snubbed as Assura shareholders vote through PHP bid

August 12, 2025

Investors in NHS landlord Assura have voted to accept a bid from its London-listed rival Primary Health Properties, bringing an end to a bitterly fought takeover battle between PHP and private equity behemoth KKR. As many as 63 per cent of Assura’s shareholders voted to approve the £1.8bn cash and equity offer from PHP, accepting [...]
Advertisers have a new audience to sell to: AI models

August 12, 2025

For generations, advertisers have obsessed over how best to win the hearts and minds of consumers. But with people increasingly turning to their large language model of choice for product recommendations, the industry has a new audience to get its head around: artificial intelligence, writes Ali Lyon. David Ogilvy had four golden rules to help [...]
Faberge offloaded by stone miner Gemfields

August 11, 2025

Luxury jewellery maker Faberge has been sold by its London-listed owner Gemfields to a tech entrepreneur in a deal worth $50m (£37.2m). The firm, best known for its opulent, ornate eggs, was sold to Sergei Mosunov’s US-based private equity house, SMG Capital, after coloured stones miner Gemfied announced a strategic review of the brand, after [...]
Gold market turmoil as tariffs and Fed governor drive prices higher

August 8, 2025

The gold market was plunged into turmoil on Friday after Donald Trump unveiled a dovish new Federal Reserve governor and slew of new tariffs including hefty duties on kilo gold bars from Switzerland. The precious metal rose more than one per cent through across Wednesday and Thursday – taking the spot price above $3,400 per [...]
Tom Hayes on life as a free man: ‘I was in a very dark place’

August 7, 2025

Tom Hayes became one of the most infamous names in the Square Mile after he was convicted to 14 years in prison for rigging the Libor interest rate in 2015. It took a decade for him to clear his name. Ali Lyon meets the former banker to hear about life in prison, and what comes [...]
WPP shares plunge again on halved dividend and strategic review

August 7, 2025

Shares in advertising giant WPP dropped by as much as 4.7 per cent on Thursday morning after it revealed it would launch a strategic review and halve its interim dividend amid falling profit and stagnant revenue. The embattled media group, which owns major agencies like global PR shop Burson and creative juggernaut Ogilvy, revealed its [...]
Entrepreneur slams No 10 wealth grab – despite getting taxpayer-backed loan

August 6, 2025

The founder of a hot tub and plunge pool business has said he understood why “the masses” were leaving Britain and was accelerating plans to do so himself, despite his firm recently receiving a taxpayer-funded loan to fuel its international expansion. Rob Carlin, who runs Derbyshire-based spa company Superior Wellness, blamed a succession of punitive [...]
Wealth exodus ramps up as bosses quit UK

August 6, 2025

A wave of company directors have left the UK since the government unveiled a host of punitive tax rises on the wealthy at its maiden Budget last autumn, exacerbating fears that a wealth exodus of Britain’s most affluent residents is afoot. According to an analysis of Companies House data, 3,790 company directors removed Britain as [...]

Ticket touts exploit Coldplay, Oasis, Billie Eilish demand

Why Snap thinks 2026 will be Sport’s most connected and branded year yet

The Italy holiday taking in amazing skiing and a lesser-visited city

By: Ali Lyon

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