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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Iconic LeBron James jersey to be auctioned

August 29, 2024

The high school basketball top worn by LeBron James in a now legendary photo shoot for Sports Illustrated is expected to fetch over $1m when it goes under the hammer in September. The sale, which comes shortly after an iconic Babe Ruth jersey was bought at auction for a record-breaking $24m (£18m), is the marquee [...]
Champions League: When is the draw and what is the new format?

August 28, 2024

The Champions League draw has always been a much-anticipated event for fans of the qualified sides, and even more so this time with the advent of a new “league phase”. Football devotees are eager to discover which European giants they will be facing and which historic cities they can look forward to visiting, meaning that [...]
Rees-Zammit faces training or transfer after missing out on NFL squad

August 28, 2024

Former rugby union star Louis Rees-Zammit is facing a possible transfer or several months training in a back-up squad after missing out on a place in the Kansas City Chiefs’ final squad for the 2024 NFL season. The former Wales international had been training with last season’s Super Bowl winners after his shock decision at [...]
Paralympics 2024: Day-by-day guide to events in Paris

August 27, 2024

Over the next fortnight, the Paralympics promises 12 days of sporting drama from the pool, to the track, to the tennis court. Every single moment of the Games will be broadcast live for the first time. Here are the highlights from each day of Paralympic action, from Wednesday’s Opening Ceremony to the finale on Sunday 8 September. Day [...]
Paralympics GB names flagbearers for opening ceremony

August 27, 2024

Wheelchair basketball player Terry Bywater and wheelchair tennis player Lucy Shuker have been selected as Paralympics GB’s flagbearers at the Paralympic Games opening ceremony. The athletes, who are competing at their fifth and seventh Games respectively, will be responsible for carrying the Union Jack at the event to mark the Games’ opening, taking place at [...]
US Open: Five things to look out for at the last Grand Slam of 2024

August 25, 2024

The US Open kicks off on Monday. The final Grand Slam in the calendar year will see Carlos Alcaraz going for his third major title of 2024 and Coco Gauff vowing to retain the Women’s trophy she picked up last year. Here are the main talking points for the tournament before proceedings at Flushing Meadows [...]
Women’s British Open prize money: How much will players win at St Andrew’s?

August 23, 2024

The prize money pot at this year’s Women’s British Open hit another record this year, with both the overall fund for players and the winner’s total hitting new highs. Golfers’ competing at a windy St Andrew’s this weekend will win a share of $9.5m (£7.2m), an increase of $500,000 (£381,137) on last year’s spoils. The [...]
Thames Water: Ofwat hunt for independent ‘monitor’ already under way

August 23, 2024

Ofwat’s search for an independent ‘monitor’ who will report on Thames Water’s progress and have access to company information is already under way, City A.M understands. The new appointment is part of a string of new measures that Thames has signed up to in order to avoid a hefty fine for breaching its licence conditions, [...]
Public sector spending on consultants hits record high despite efforts to cut

August 23, 2024

Public sector spending on management consultants has ballooned to a near-record high this year despite efforts to cut reliance on the expensive sector. Fees to consultants from central government, local authorities and other departments swelled to an estimated £3.4bn in the last fiscal year between 2023 and 2024, a rise of 12 per cent on [...]
Labour’s North Sea windfall tax plans branded a ‘blunt response’ that will hammer businesses across the UK

August 22, 2024

The government’s plans for North Sea oil and gas are a “blunt response” that could jeopardise hundreds of thousands of jobs not just in the energy sector, several of the industry’s leading figures have warned. In an open letter to the Treasury, over 40 companies with operations in the North Sea voiced their “grave concern” [...]

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By: Ali Lyon

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