By: Ali Lyon

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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Former Aviva chief executive dies in car crash

October 16, 2025

The former UK boss of insurance giant Aviva has died in a car crash, after his vehicle collided with a tree. David Barral, who held senior roles as Aviva Life and Pensions, was driving his Aston Martin when it crashed on the A58 between Bardsey and Collingham just outside his native Leeds on Tuesday. “We [...]
Merz calls for pan-European stock exchange

October 16, 2025

Friedrich Merz has called for the creation of a pan-European stock exchange in a move that would help it compete with Asian and US counterparts and eclipse the liquidity offered on London’s ailing bourse. In an address to parliament in Berlin, the German Chancellor said European businesses need a “sufficiently broad and deep European capital [...]
Centrica CEO: Regulate energy bosses like top bankers

October 16, 2025

The boss of the UK’s largest energy supplier has called for the sector’s chief executives to be regulated like bankers, despite the government’s high-profile drive to slash red tape in a bid to boost the economy. During an evidence session with the Energy Security and Net Zero Committee, Centrica’s Chris O’Shea told MPs he was [...]
IMF sounds alarm on soaring sovereign debt

October 15, 2025

The International Monetary Fund (IMF) has urged governments to bear down on profligate spending after it found government debt was on course to reach 100 per cent of global GDP within the next five years. In its latest Fiscal Monitor report, the world’s preeminent financial institution sounded the alarm on developed and developing nations’ over-reliance [...]
Andy Haldane elected president of British Chambers of Commerce

October 15, 2025

Andy Haldane has been elected the new president of the British Chambers of Commerce (BCC), succeeding the serial entrepreneur and business doyenne Baroness Lane Fox. The central banking veteran, who spent eight years on the Bank of England’s Monetary Policy Committee, was chosen to head up the business lobby group by representatives of its chamber [...]
Mining has its mojo back – will London miss out?

October 15, 2025

After years spent cast as the underbelly of the global economy, mining is undergoing a reputational and financial revival. Ali Lyon explores what’s behind the renaissance, and whether London risks losing its status as the industry’s spiritual home as a result. With his thick-rimmed spectacles, salt-and-pepper hair and wiry, lean build, Gustavo Pimenta is a [...]
Silver prices tail off after hitting first record in four decades

October 15, 2025

Silver prices retreated on Tuesday after hitting their first all-time high in over 45 years, as supply fears and a short squeeze added momentum to a year-long rally spurred by investor fears over government debt levels and sticky inflation. On a historic day of trading, spot prices for the precious metal broke $53 an ounce [...]
Bank of England’s Taylor: High rates could push UK into recession

October 14, 2025

The UK risks heading into a recession that will be “difficult to contain” if interest rates are kept on hold into next year, a Bank of England rate-setter has said in a speech that has further exposed widening splits between policymakers over the best path for borrowing costs. In a set of dovish comments made [...]
Retail sales slow as Budget and inflation weigh on spending plans

October 14, 2025

Retail spending slowed in September, as a tax raising Budget and higher household inflation expectations forced Brits to tighten their belts before the all-important ‘Golden Quarter’. Total retail sales in September increased by 2.3 per cent year on year, down from the 3.1 per cent that the sector notched up in August and the 2.5 [...]
Gold has hit ‘peak trendiness’ analysts suggest

October 13, 2025

The record gold rally of the past few months “may have peaked in trendiness”, a top investment bank has predicted despite the precious metal hitting fresh highs on Monday fuelled by Donald Trump’s threat last week to upend trade with China. Deutsche Bank said that while it was not predicting “an impending correction”, the length [...]

Franco Manca and Real Greek owner slumps to £14m loss as boss quits

Brentford in talks to host Shakhtar Donetsk Champions League fixtures

New City venue rethinks competitive socialising… again

By: Ali Lyon

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