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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Wood Group shares plunge 40 per cent after bidder Sidara walks away citing ‘geopolitical risks’

August 5, 2024

Dubai-based engineers Sidara has brought an end to takeover talks with London-listed John Wood, citing "rising geopolitical risks" and "financial market uncertainty".
Regional REIT: Boost to bottom line as it looks beyond emergency capital raise

August 5, 2024

Embattled real estate investment trust Regional REIT was given a boost from exchanges on six big leases in the three months to June, helping it achieve a double digit net rental uplift since the start of the year.
Newriver’s Ellandi acquisition gives boost to results as firm eyes up Capital & Regional bid

August 5, 2024

London-listed Newriver REIT's acquisition of Elandi Management helped it buck the downward trend plaguing much of its sector to post a strong operational performance in its first quarter as it tries to sew up a deal for rival REIT Capital & Regional.
The Queen of Shops: Helen Dickinson on Brexit, Labour and the changing face of retail

August 5, 2024

Ali Lyon sits down with the head of the British Retail Consortium to discuss Brexit, Labour and the changing face of retail
Bank of England chief Andrew Bailey ‘looking forward’ to serving for another four years

August 4, 2024

Andrew Bailey has vowed to stay on for the duration of his eight-year term despite several calls for his resignation.
Talktalk debt crisis worsens as Macquarie deal stalls

August 4, 2024

Talktalk's crunch negotiations with private equity giant Macquarie over a mooted £450m deal for its wholesale division have stalled, according to reports, as the embattled telecoms provider races to refinance a billion pounds of credit.
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.

Reeves says diplomacy is ‘best economy policy’ as UK tax burden to mount

London Lions CEO: We’d love to be in NBA Europe but we have a reason to exist anyway

Celebrating Pan Am’s iconic legacy as airline plans return to the skies

By: Ali Lyon

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