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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Firms outside London attract the majority of private capital

May 9, 2024

The majority of private equity and venture capital investment in 2023 was made outside of London, according to new data from an industry body.
Kazakh billionaire offloads Mayfair property for £35m

May 9, 2024

A Kazakh oligarch worth an estimated £5bn has sold his London mansion for just shy of £35m in one of the largest deals this year.
Frontier: AIM-listed developer wins rights to make third Jurassic World video game

May 9, 2024

Video game developer Frontier Developments has signed a licence with Universal to produce the third Jurassic World video game.
Profit at Character Group jumps after testing few years

May 9, 2024

The Character Group, a UK-based maker of toys, has reported a significant uptick in profit.
Watches of Switzerland bolsters luxury portfolio with £104m Roberto Coin deal

May 9, 2024

Luxury watch retailer Watches of Switzerland has bought the Italian jewellery brand Roberto Coin for $130m (£104m).
Private equity and venture capital investment into the UK has crashed since 2021

May 8, 2024

Private equity and venture capital investment into UK businesses fell by over 30 per cent to £20.1bn in 2023, according to a report from the industry body.
Traders short sterling as bets on Bank of England rate cuts grow

May 8, 2024

Currency traders have been building up short positions on the pound in the hope that the the the Bank of England (BoE) will cut the base rate before the US's Federal Reserve (Fed).
Renishaw lowers full-year revenue and profit guidance

May 8, 2024

Renishaw has slightly lowered its full year guidance after seeing an uptick in revenue at the start of this year, putting a gloss on what was a difficult trading period in the previous six months.
Escape Hunt and Boom Battle Bar owner XP Factory toasts good start to year

May 8, 2024

Novelty bar and experience provider XP factory has continued its impressive performance in 2024 with double digit growth across both its brands, Boom and Escape Hunt.
South by Southwest to come to London in huge boost for capital’s creative sector

May 8, 2024

In a major vote of confidence in the capital, South by Southwest has said it would open its first European venture in London.

Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

Royal Ascot worth £140m to UK economy

Old Pulteney releases 50-year-old whisky for 200th anniversary

By: Ali Lyon

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