By: Ali Lyon

Senior reporter Ali Lyon is a senior 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 2023. Get in touch with tips via email: ali.lyon@cityam.com. Follow Ali on X: @alilyon_94

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The high-profile non-doms that have quit Britain since the Budget

June 6, 2025

If the pleas of wealth advisers and tax lawyers are to be believed, since the Chancellor’s Autumn fiscal crackdown, non-doms have been leaving Britain in droves. We’ve listed the most high-profile departures since the Budget. Having made it almost exactly halfway through her maiden Budget, the UK’s first female Chancellor was beginning to find her [...]
Seven in 10 bosses think workers’ rights bill will dent growth

June 6, 2025

Over seven in 10 bosses believe the government’s flagship workers’ rights overhaul will kibosh efforts to kickstart economic growth and lead to fewer new hires and more outsourcing of work abroad, fresh research has shown. According to a poll by the Institute of Directors (IoD), 72 per cent of business leaders in Britain believe that, [...]
Workers’ rights: £60bn industry warns against Labour overhaul

June 4, 2025

The government’s flagship workers’ rights legislation is poised to have “serious unintended consequences” for firms’ capacity to take on new staff and offer them sufficient hours if ministers fail to consult more closely with employers, more than 120 facilities management bosses have warned. Writing in an open letter signed by the likes of FTSE 250 [...]
Non-dom exodus could blow ‘black hole’ in public finances

June 2, 2025

At least 10 per cent of the UK’s non-doms left the UK last year following Rachel Reeves’ crackdown on the tax status, new research claims, a rate which if continued into this year would wipe out the Chancellor’s fiscal headroom. According to the Chamberlain Walker study, conducted by former Treasury economist Chris Walker, a minimum [...]
Billionaire tech entrepreneur joins non-dom exodus

May 28, 2025

The billionaire founder of one of Britain’s top fintechs has quit the UK for Monaco, becoming the latest super-rich foreigner to flee the government’s crackdown on non-doms. Guillaume Pousaz, who started payments firm Checkout.com in 2012, changed his country of residence to the France-adjacent tax haven in April, according to Companies House filings, to avoid [...]
EU firms should move plants to UK to avoid tariff ‘flare ups’

May 27, 2025

European companies should urgently ramp up manufacturing capacity in Britain to avoid the worst effects of Donald Trump’s tariff regime, a top accountancy firm has said. According to Alex Altmann, head of the German desk at Lubbock Fine, the 10 per cent US import tariff agreed as part of newly inked UK-US trade pact has [...]
Hard to swallow: food inflation rises for fourth month in a row

May 27, 2025

Food inflation rose for a fourth consecutive month in May, with the British Retail Consortium (BRC) warning a new packaging tax and the government’s workers’ rights overhaul will fuel further price rises in the coming months. The cost of food rose by an average of 2.8 per cent year on year in May, up from [...]
Small businesses demand workers’ rights sick pay rebate

May 26, 2025

Small business owners would continue hiring new staff despite fears around the government’s workers’ rights package if it contained a rebate on the overhaul’s new sick pay rules. According to a poll by the Federation of Small Businesses (FSB), 35 per cent of entrepreneurs and small business owners believe that a rebate for their firms [...]
Panel sessions and punk music: SXSW comes to London

May 24, 2025

In the first week of June, the world’s largest tech, business and arts festival, SXSW, will make its European debut in Shoreditch. Ali Lyon asks its its chief executive, Max Alexander, why London, and why now? Of the many aspirations Max Alexander has for next month’s inaugural South by Southwest London, there is one which [...]
Stock markets slide on Trump social media missives

May 23, 2025

Stock markets across the western world felt the “chill winds” of Donald Trump’s latest trade salvos on Friday after the US President vowed to levy tariffs on imports from Europe and all Apple products made outside the US. America’s S&P 500 index opened down 1.62 per cent as traders pared back bets on US stocks [...]

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By: Ali Lyon

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