Ali Lyon

1 day ago | msn.com | Ali Lyon

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2 days ago | cityam.com | Ali Lyon

Tuesday 22 April 2025 5:02 pm | Updated: Tuesday 22 April 2025 5:03 pm British Steel cancels mass redundancy plans Senior reporter British Steel is no longer consulting on the redundancies it announced under its former owner (Photo by Ryan Jenkinson/Getty Images) Thousands of steel workers have breathed a sigh of relief after the threat of mass redundancies was withdrawn following a government decision to put British Steel into public ownership. China-based Jingye, the Scunthorpe plant’s...

2 days ago | cityam.com | Ali Lyon

Tuesday 22 April 2025 1:32 pm Santander to spin off motor finance division from UK business Senior reporter Santander will spin off its motor finance unit as part of its lending business Santander is poised to spin off its litigation-hit motor finance division as part of a major overhaul of its UK operations. The Spanish lender has sought permission from regulators to separate its car loan business, which is facing a near-£300m payout as part of the ongoing motor finance scandal, from the...

3 days ago | cityam.com | Ali Lyon

Monday 21 April 2025 7:07 pm | Updated: Monday 21 April 2025 7:08 pm Tariff talks to dominate IMF-World Bank meetings Senior reporter Kristalina Georgieva, managing director of the International Monetary Fund (IMF) (Photo by Antonio Masiello/Getty Images) Finance ministers are poised to use this week’s International Monetary Fund (IMF) and World Bank’s gathering to strike up trade deals with bilateral partners as uncertainty continues to swirl around Donald Trump’s tariff plan. Senior...

3 days ago | cityam.com | Ali Lyon

Monday 21 April 2025 1:46 pm Aston Villa’s non-dom owner quit UK due to ‘Tory incompetence’ Senior reporter Nassef Sawiris, a chemicals magnate who is Egypt’s richest man, became one of the most high profile ultra high net worth individuals to avoid the government’s crackdown on non-dom regime users when it emerged in March he had swapped Britain for Italy. Many interpreted the move as an attempt to avoid the changes announced in last year’s Autumn Budget, when Chancellor Rachel Reeves...