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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Oil and gas windfall tax increase may cost economy £13bn, trade body warns

September 2, 2024

The government's changes to the windfall tax will have a £13bn hit to the economy, the sector's industry body has claimed.
Water firms’ industry body: Dividend payouts haven’t affected infrastructure investment

September 1, 2024

Water companies would be in a similar state today even if they hadn't paid out millions in dividends, the boss of their industry body claimed.
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 [...]

16 hours on social media is an ‘addiction’ – but you’re not far off

Panmure Liberum: Netherlands will win first Fifa World Cup

The very best wine pairings for steak and fine cuts of meat

By: Ali Lyon

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