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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Trump condemns UK net zero push

May 23, 2025

Donald Trump has publicly criticised the UK’s net zero policy, saying it is disincentivising oil drilling and needlessly inflating energy prices. In an unusual intervention, the US President said that the UK’s North Sea reserves still had “a century of drilling left”, which if tapped would help bring costs down, “and fast”. “I strongly recommend [...]
Telegraph bought by US private equity giant

May 23, 2025

The Daily Telegraph is poised to be sold to an investment consortium led by a US private equity firm, bringing a likely end to two years of uncertainty over its ownership. Redbird Capital Partners, one half of the vehicle which first bought the broadsheet newspaper from Lloyds bank in 2023, is the lead investor in [...]
Firms must be at heart of red tape overhaul, CBI boss says

May 21, 2025

The government’s efforts to slash red tape and regulation in a bid to boost growth are doomed to fail if they do not consult the very firms that “live and breathe” the UK’s regulatory barriers, according to the boss of Britain’s largest lobby group. In a speech at Singer Capital Markets, Rupert Soames, president of [...]
Record 81 criminal investigations opened into water firms

May 20, 2025

Over 80 criminal investigations into water firms have been launched since the general election, which if proven could leave bosses facing five years in jail and firms on the hook for hundreds of millions of pounds, the environment watchdog has said. The Environment Agency has used new powers handed to it by the government to [...]
UK halts trade talks with Israel

May 20, 2025

The UK has paused trade deal negotiations with Israel in response to its military offensive in Gaza, the foreign secretary has said. Speaking in the Commons, David Lammy confirmed that negotiations with the Israeli government over a bilateral trade pact have been put on ice until the country ensures “unhindered provision of aid”. “We have [...]
MPs demand changes to inheritance tax raid on farms

May 16, 2025

Plans to levy inheritance tax on farmland threaten the future of British agriculture and should be paused while its ill effects are properly examined, an influential committee of MPs has said. In a damning report on the state of British farming, the Environment, Food and Rural Affairs (EFRA) Committee argued there was a “considerable risk” [...]
Conservative MP charged with two sexual assaults at London Club

May 13, 2025

Conservative MP Patrick Spencer has been charged with two counts of sexual assault alleged to have taken place at The Graucho Club in central London. The charges relate to two alleged incidents involving two different women at the Soho members’ club, both in August 2023, according to a statement from the Crown Prosecution Service (CPS). [...]
Wheat and see: Farmers fear trade deal impact on bioethanol and beef markets

May 13, 2025

Ministers and commentators heralded the UK’s trade deal with the United States as a political coup that will save thousands of jobs at British automakers. But changes to beef and bioethanol trade rules have left an already bruised agricultural sector fearing the worst, writes Ali Lyon. When he’s not slavishly editing clips for the hundreds [...]
Santander rejected £11bn Natwest bid for UK business

May 9, 2025

Santander rebuffed an £11bn bid for its UK retail banking division from Natwest earlier this year because it was was too low. The two lenders are no longer in negotiations, according to people familliar with the matter cited by the Financial Times, despite consistent speculation about the fate of the Spanish financial juggernaut’s UK business. [...]
Office for National Statistics chief resigns over ‘health issues’

May 9, 2025

The head of the Office for National Statistics (ONS) has resigned because “ongoing health issues” mean he could not give the organisation the “full commitment” required to drive it forward. Sir Ian Diamond, who was appointed the UK’s national statistician in 2019, has stepped down with immediate effect, the UK Statistics Authority (UKSA) said in [...]

Burnham hits back at Blair with more state control for ‘good growth’

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Music venues are in dire straits: V&A show asks how we can help

By: Ali Lyon

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