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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Cavendish slides to loss despite consistent growth

July 15, 2024

One of the City's newest investment banks has slashed its dividend after sliding into the red despite rapid growth. Cavendish raked in £48m in revenue in the year ended March 31, up nearly fifty per cent on the previous year.
Eco Animal Health beats expectations thanks to Americas growth

July 15, 2024

Animal vaccine firm Eco Animal Health beat earnings expectations despite continuing volatility in currency, thanks largely to its "robust" demand for its flagship vaccine and consistent market leading position.
Slowing jobs market hits profit at Robert Walters

July 15, 2024

The firm said June was the worst year of the month so far for fee income. Fees for the month dropped 18 per cent. Robert Walters said new job flow in the month was "weaker than expected."
‘A complete fabrication’: Government denies claims Ed Miliband has banned new North Sea oil licences

July 11, 2024

The government has been forced to deny reports that Ed Miliband has banned the North Sea oil regulator from issuing any outstanding drilling and exploration licences.
Thames Water: London bills to rise by £99 in fresh Ofwat proposals as company placed in ‘turnaround’ regime

July 11, 2024

Ofwat, the UK's water regulator, has set out a record £88bn spending package that would see Londoders' bills go up by an average of £99 in the next five years excluding inflation.
Daily Mail owner pulls out of Telegraph race due to ‘overly restrictive’ new rules

July 11, 2024

Daily Mail owner DMGT has pulled out of the race to own the Telegraph conceding that it would become embroiled in a protracted and knotty process with competition authorities, blaming to updated governing rules and the "new government".
Jet2 hikes dividend after record passenger numbers boost profit

July 11, 2024

Budget airline Jet2 has hiked its dividend by more than a third after record passenger numbers helped its revenue and profit soar during its latest financial year.
Direct Line is now on price comparison sites – what does this signify?

July 11, 2024

Direct Line was one of the last big insurers to resist the lure of price comparison websites. Until now.
London landlords struggle to shift office space due to high rates and hybrid work

July 10, 2024

Landlords wanting to shift large London office this year have struggled to find a willing buyer, as nerves over hybrid working and higher interest rates continue to plague the upper end of a market that is still yet fully to recover from the pandemic.
Direct Line to put flagship brand on price comparison sites for the first time

July 10, 2024

Direct Line will list its signature brand on price comparison sites for the first time in its history, having held off doing so for years.

Nine in ten hospitality job switchers quit the sector

KSI, Dagenham and Redbridge and the rise of the passion investor in sport

Spirit of Speyside Whisky Festival to drive millions into Scotch sector

By: Ali Lyon

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