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 torpor: What explains markets’ muted response to Venezuela and Greenland?

January 7, 2026

It is understandable that of the dozens of 2026 market outlook papers published by banks and analysts last month, not one predicted that Venezuela’s autocratic leader, Nicolas Maduro, would be captured in a historic overnight raid just three days into the New Year. Even more forgivable, is the fact none foresaw the rapid escalation of [...]
Billionaire Hohn handed £60m dividend and ramps up philanthropy

January 6, 2026

Hedge fund billionaire Sir Chris Hohn gave himself a £60m dividend in 2025 and cemented his reputation as one of the world’s most generous philanthropists, dishing out nearly £600m of his investment firm’s profit to good causes. Hohn’s TCI Fund Management was bolstered by the strong performance of its flagship funds, which carried turnover at [...]
Non-doms made up two thirds of super-prime sellers in 2025

January 6, 2026

Wealthy foreigners fleeing the UK to escape the government’s crackdown on non-doms were behind two of every three super-prime property sales last year, leading prices at the top-end of London’s housing market to extend declines that now stretch over a decade. According to a fresh analysis of London property transactions above £15m, 65 per cent [...]
Future of Bank of England’s Venezuelan gold back in spotlight after Maduro capture

January 6, 2026

The foreign secretary has signalled the Bank of England will continue to withhold $4.8bn of Venezuelan gold being held in its vaults, despite the dramatic toppling of the country’s autocratic ruler potentially paving the way to the reserves being returned. Addressing lawmakers late on Monday, Yvette Cooper suggested the government would continue its refusal to [...]
Knight Frank appointed for bumper Brighton Palace Pier sale

January 2, 2026

Knight Frank has been instructed on the sale of Brighton Palace Pier, two months after the Grade II-listed landmark’s owners revealed their plans to offload the amusement park amid a barrage of economic headwinds. The Brighton Pier Group appointed the property giant to seek a buyer for the coastal attraction, which its operator said in [...]
Uber prices set to soar as ministers introduce VAT crackdown

January 2, 2026

Prices on ride hailing apps like Uber are set to soar, after the government ploughed ahead with a promise to apply VAT to online mini cab companies despite warnings from the industry that the move would worsen the cost of living. From Friday, private hire vehicle operators in London will no longer be able to [...]
UK’s first high-speed railway HS1 faced cancellation months before Channel Tunnel opening

December 31, 2025

Ministers considered abandoning the High Speed 1 (HS1), the UK’s first high-speed railway that links London to the Channel Tunnel amid financial struggles just months before the cross-channel line was opened by Queen Elizabeth II, City AM can reveal. According to correspondence released by the National Archives, transport minister John MacGregor listed axing the high-speed [...]
Elizabeth Line branded a ‘folie de grandeur’ in Treasury campaign against Crossrail

December 31, 2025

Tory Chancellor Kenneth Clarke warned that initial plans for the Elizabeth Line were a “folie de grandeur” that taxpayers would be unwilling to foot the bill, during a protracted rearguard action against the megaproject by the Treasury in the 1990s, City AM can reveal. According to a fraught set of ministerial correspondence released to the [...]
Dyson will ‘stop being Dyson’ without inheritance tax U-turn

December 26, 2025

The government’s controversial plans to apply inheritance tax on family businesses would leave Dyson “unrecognisable” after its eponymous founder’s death and force his family to sell off part or all of the business, the entrepreneur has said. Speaking to Radio 4’s Today programme, Sir James Dyson warned the consumer electronics giant will be unable to [...]
The London IPOs to look out for in 2026

December 26, 2025

The year 2025 will not, it is safe to say, go down in history as a blockbuster one for London IPOs. Over its first nine months, the UK capital’s bourse was even languishing below its of Omani and Mexican counterparts when it came to capital raised at market debuts. We can take some consolation from [...]

Defence and AI drive Europe’s venture capital rebound

‘Crown jewel’ of Olympic Games memorabilia put up for sale at auction

Khao Bird: Top Thai restaurant takes over Soho’s last dirty cinema

By: Ali Lyon

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