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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Hargreaves Lansdown enters crunch week for £5.4bn takeover bid

August 4, 2024

Hargreaves Lansdown will need to convince shareholders why it is recommending a £5.4bn bid to take the investment platform private if a formal offer is made this week.
Shell kicks off £2.74bn share buyback as earnings beat expectations

August 1, 2024

Shell kicked off a new share buyback programme today as it posted better-than-expected numbers for the second quarter despite a previously announced $2bn (£1.6bn) impairment and a slide in revenues.
Robert Walters insists 2024 ‘not a lost year’ despite tumbling profit

August 1, 2024

Recruiter Robert Walters has insisted that 2024 is not a lost year despite posting another set of results dominated by tumbling profit and and fees.
BAE Systems raises full year guidance amid ongoing geopolitical tension

August 1, 2024

BAE systems upped its full year guidance and hiked its interim dividend off the back of a bumper half year trading update which saw healthy jumps in revenue and profit.
FTSE 100: BP, Shell and oil prices surge on assassination of Hamas leader in Iran

July 31, 2024

The FTSE 100 jumped over a hundred points on Wednesday morning, after the assassinations of two Hamas and Hezbollah leaders caused the index’s energy and commodities constituents to surge. Shares in BP and Shell both rose by between two and three per cent in early morning trading, helping the index as a whole to jump [...]
Taylor Wimpey: Housebuilder suffers dent to profit ahead of planning reform

July 31, 2024

Housebuilder Taylor Wimpey suffered a dent to revenue and profit in a set of half year results in which it hailed the new government's "recognition" of planning laws as being a "major barrier" to housebuilding.
Reach: Profit picks up at Mirror publisher despite falling revenue

July 31, 2024

The Euros and "effective" action on costs helped Reach successfully to shore up its bottom line despite continued dents to revenue due to falling circulations and changes to Meta's algorithm.
Iconic Millbank Tower evicts tenants ahead of conversion into flats

July 31, 2024

The landlord of the iconic Millbank Tower, where the Labour Party hatched its landslide 1997 election campaign and Leave.EU cooked up its winning plans for Brexit, has begun evicting tenants ahead of a long-planned revamp into luxury flats, City A.M. has learned.
Yellow fever: Central banks and private investors keep demand for gold buoyant

July 30, 2024

Private investors and consistent demand from central banks where the two dominant behind the second quarter's consecutive all-time highs in the gold price an industry report has found.
Diageo: Shares at Guinness maker sink as Latin America hangover continues

July 30, 2024

Diageo reported a decline in annual profit on Tuesday as issues in Latin America continued to weigh on the world's largest spirit maker.

Economy bogged down by low-performing firms

Premier League clubs face unlicensed gambling firms ban

Inside Sarah Ferguson’s £100k-a-week rehab with lakeside apartment and round-the-clock therapy

By: Ali Lyon

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