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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Ashtead: Equipment firm looks to manage expectations ahead of results

September 1, 2024

Expectations have been kept low for equipment hire specialist Ashtead Group as it reports its first quarterly results of the firm’s fiscal year on Tuesday. The FTSE 100-listed firm has seen its shares slump 12 per cent from the two-and-a-half-year highs it reached in the spring. It had been one of the big beneficiaries of [...]
Direct Line to report interim results in indication of turnaround plan

September 1, 2024

Direct Line shareholders will get an early sign of whether the insurer’s turnaround plan is beginning to bear fruit as it posts its interim results on Wednesday. Shares in the insurer, which owns Churchill, Privilege and the breakdown recovery provider Green Flag, are down 12 per cent since May and its long-term record makes for [...]
John Lewis has ‘no plans’ to cut more jobs

September 1, 2024

John Lewis has branded claims it is planning to cut more jobs and restructure its management team as "wholly inaccurate".
Which tennis Grand Slam makes the most money?

August 31, 2024

As the US Open enters its decisive week, a look at how Grand Slams generate revenue – and which one makes the most money. Like many tennis Grand Slams, this year’s US Open will be box office in more ways than one. On the court, the last Grand Slam of the year has already thrown [...]
Football regulator advertises Head of Legal role that pays ‘less than most newly qualified lawyers’

August 30, 2024

The independent football regulator’s top lawyer will be paid the same as peers just starting out on their legal careers, prompting industry figures to fear the body could be “toothless”. The Department for Culture, Media and Sport (DCMS) posted an advert for the Head of Legal role earlier this week that will pay the successful [...]
Saudi Arabia Snooker Masters begins with near-record prize pot

August 30, 2024

Snooker’s most lucrative tournament outside of the World Championship will get under way today with a line-up that includes Ronnie O’Sullivan and world number one Judd Trump. The inaugural Saudi Arabia Snooker Masters, which takes place in Riyadh over the next nine days , features a prize pot of £2.3m, just £95,000 less than World [...]
Carsley puts focus on youth in first England squad of tenure

August 29, 2024

England’s new interim manager Lee Carsley put a focus on youth in the first squad of the post-Southgate era, with Lille midfielder Angel Gomes, Nottingham Forest’s Morgan Gibbs-White and Chelsea winger Noni Madueke all being given their first senior call-ups. Manchester City youngster Rico Lewis and Chelsea’s Levi Colwill also made the cut, adding further [...]
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 [...]

London AI security startup raises $15m as threats rise

Abramovich to fight UK Government over funds from £2.5bn Chelsea sale

Aboard the Celebrity Cruises ship with Gwyneth Paltrow partnership

By: Ali Lyon

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