Business As Usual | City AM
Matt Kenyon and Martin Kimber host a daily business news podcast that delivers the essential stories to start your day. It publishes new episodes at 6am on Tuesdays through Fridays. The show aims to make economics, business, and politics accessible and entertaining. It features big-name guests, City AM journalists, and market analysts, helping listeners feel informed for their first meeting of the day.
Episodes
UK debt hits £3 TRILLION, inflation up to 3.5 per cent, government approves Jackdaw
Send us Fan MailA triple whammy of grim economic news for the government today: UK public debt is up to £3 trillion, inflation is up to 3.5% and borrowing in September overshot by £2bn.Meanwhile, the government has finally given the green light for North Sea gas development at its Jackdaw site.And a Green council in Lewisham has effectively blocked a £1.5bn development project in the borough. We&a
Fewest job vacancies since Covid, Healey rules out CGT hike, Apple Pay hit by UK ruling
Send us Fan MailThe last time there were this few job vacancies in the UK, there were still Covid restrictions. And we’ve not even had the Budget yet… Meanwhile, the Chancellor has, at least, ruled out a hike to capital gains tax rates. PLUS: Our tech reporter Saskia Koopman discusses the new UK ruling on Apple Pay.Hosts: Matt Kenyon & Alys DenbyProducer: Joe Lee Remember to download the City
Labour's family business tax raid, Microsoft pulls out of Nscale deal, crackdown on 'headphone dodgers'
Send us Fan MailLabour is planning a punishing tax raid on family businesses, which could push thousands of firms into selling up.Meanwhile, we delve into why Microsoft pulled out of a partnership that would have delivered Britain's biggest AI data centre.PLUS: Could a London-wide plan to crack down on playing music out loud on public transport really be enforced? Hosts: Matt Kenyon & Aly
Economic growth slows, bank tax looms at Budget, what the non-competes ban means for businesses
Send us Fan MailThe British economy is just about growing, but it’s also slowing. And the small glimmer of light from this week’s economic data could be short lived. Meanwhile, the banking sector could soon be pummelled by extra taxes at John Healey's Budget at the end of the month. Plus: Andy Burnham is banning 'non-compete' agreements. Will this boost growth? Or stimulate a corpor
Healey pledges Neets plan, Poundland back on the market, Checkatrade CEO on unemployment and skills crisis
Send us Fan MailBritain's youth unemployment crisis is spiralling out of control, and the Chancellor John Healey has now stepped in to pledge to take action at the Budget. But is it too late?Meanwhile, we take you inside the battle to buy Poundland, and chat to the chief executive of Checkatrade. Hosts: Matt Kenyon & Alys DenbyProducer: Joe Lee Remember to download the City AM app: https:
BP's £3.4bn Net Zero write-down, Plus 500 tries "everything app", Brits back Heathrow third runway
Send us Fan MailThe staggering, multi-billion cost of BP's experiment in strict Net Zero targets has been laid bare. What does this tell us about the geopolitical chaos hitting Britain? And where did it all go wrong? Meanwhile, we delve into the Plus 500 plan to build an "everything app" for customers in the West.PLUS: New polling reveals that most of the public backs a third runway
Healey's £35bn black hole, one pub closing every day, boardroom battle at King's favourite interior designer
Send us Fan MailAs new research from major think tanks paints a brutal economic picture, it looks as though John Healey no longer has the option of a "safe" Budget. Just how bad could this get? And can Labour really face up to tough decisions?Meanwhile, a British pub is closing down every day, as the cost of living, doing business and employing people continue to bite.Plus: We dig into w
Heathrow third runway woes, interest rates hike looks inevitable, inside party conference season
Send us Fan MailAfter decades of debate, and with wavering backing from the Labour government, is the third runway at Heathrow Airport ever going to get built? And if it can't, what does that tell us about Britain's ability to develop infrastructure? Meanwhile, with the Budget coming up and key economic data releases inbound, we delve into why an interest rates hike by the Bank of Englan
London property prices dip (again), Kemi's big IHT swing, is the new Jaguar Type 01 any good?
Send us Fan MailAs London house prices dip again this month - this time by 2.2% - what is going wrong with the capital's housing market? Are building costs too high? Regulations too tight? Or is there simply not enough demand to fuel ever-inflating prices?Also, we get stuck into Kemi Badenoch's big Tory conference speech. Her rabbit-in-a-hat this year was a major reform to inheritance ta
Inside Britain's supermarket war, City AM speaks to retail tycoon Touker Suleyman
Send us Fan MailIt's a febrile time for Britain's supermarkets, who have been hit particularly hard by geopolitical instability and War in Iran. But what does it mean for the sector and, more importantly, for your pocket? Could we start to see supermarkets buying each other out? And, can Ken Murphy's Tesco maintain its dominance at the top of Britain's supermarket ranking?Plus:
Tories set out economic stall, BT acquires Talktalk, the financial analyst who made his own shoe brand
Send us Fan MailWith Conservative party conference underway, Kemi Badenoch is looking to get her party fighting fit for the next election. The leader of the opposition has doubled down on her party’s support for the triple lock on the state pension, whilst offering up a cut to inheritance tax and bring back free childcare for high earners. The long-running saga over the fate of struggling telco Ta
Britain's bond market meltdown, Nubank abandons Monzo takeover plans, Robert De Niro speaks to City AM
Send us Fan MailIn this episode, we dive into the UK's brewing financial storm as 30-year gilt yields hit 6%—pushing borrowing costs into the danger zone just weeks ahead of the budget. You will learn exactly how a slashed £9 billion in fiscal headroom could derail upcoming spending pledges and what this instability means for the City of London. We also reveal why the highly anticipated takeo
Burnham hints at return to EU, Greggs to cut 740 jobs, is Zilch London's next big IPO?
Send us Fan MailAs the dust settles on Labour party conference, the Business As Usual team dig into the economic dividing lines for the next general election. Is Andy Burnham set to drag Britain back into the 1970s? Plus: Why are Greggs and Shepherd Neame undergoing aggressive streamlining? And, could Zilch be the IPO that gives London's capital markets the shot in the arm that they need? Hos
Burnham axes triple lock, Selfridges pushes for VAT-free shopping, Man City charges chaos
Send us Fan MailToday on Business As Usual: It's finally happened... A major party has broken rank and pledged to scrap the triple lock on state pensions. What does this mean for Labour and - more importantly - for the public finances? We dig into Labour's plans for 'Great British Grid', and the pressure on the government to bring back VAT-free shopping last seen when Rishi Sun
Healey pledges to re-industrialise Britain, housebuilder shares surge, could Monzo be acquired?
Send us Fan MailJohn Healey set out his stall at Labour conference with bold promises of a "new age of industrialisation". But the Chancellor has to contend with bleak economic headwinds, and dubious backing from the Labour party for tough economic decisions. And Angela Rayner's new Right To Buy scheme has put rocket boosters in FTSE housing stocks, but is this really enough to get
Labour Conference woes, Vistry's £500m mega write-down, exclusive interview with former Dragon Sara Davies
Send us Fan MailOn today's Business As Usual: We dig into the hostile reception awaiting Andy Burnham at the Labour Party conference amid growing fears of a fiscal crisis. Will City leaders warm to Labour again, or is the new PM's honeymoon officially over? Plus: The real reason Tesco is surrendering a £5 billion chunk of its European empire to Lidl and what it means for British grocers.
Trump and Xi's AI dilemma, major London IPO incoming, and is this Britain's worst stealth tax?
Send us Fan MailAre AI cyber threats about to trigger catastrophic banking freezes and nationwide power cuts across the City of London? And can Presidents Trump and Xi forge an unlikely alliance to put the brakes on the technology? In this episode of Business as Usual, we'll also take a look at some good news (FINALLY) for London's IPO market, with a major $9bn fintech float being mooted
'Dismal' government borrowing figures, 4,000 Ineos jobs at risk, Haringey Council battles Spurs
Send us Fan MailIs Britain’s economy at breaking point? We dive deep into the terrifying new data showing UK public borrowing has wildly overshot expectations, pushing the nation towards an unprecedented £3 trillion debt mountain. Just a month out from the Budget, what levers does the new Chancellor John Healey have to avoid disaster? We also break down the grim news from Ineos that as many as 4,0
How a mansion tax would punish Londoners, NScale's mega IPO, does anyone care about the Lib Dems?
Send us Fan MailIn today's Business As Usual podcast: With reports growing that John Healey will lower the threshold for mansion tax to £1.5m, here's how the policy would hit Londoners hardest. Homegrown tech success story NScale is listing (in the US...). We discuss their chief executive's enormous salary and how the firm scaled so quickly in just a couple of years. Plus: Oppositio
Why Andrew Bailey held interest rates while Kevin Warsh hiked them, & what it all means for savers
Send us Fan MailOn today's Business As Usual: It's the economy... While Fed chair Kevin Warsh hiked interest rates across the Atlantic, over here the Bank of England held them.Was this a good idea? And what lays ahead for the British economy? City AM's Ali Lyon and Maisie Grice weigh in. Plus: What does this all mean for savers and investors? We get top insights from the wealth plat
Ex-adviser hits out at PM, London mayor candidates speak to City AM, investing in an age of crisis
Send us Fan MailOn today's Business As Usual podcast: A senior economist - who advised Andy Burnham in the Labour leadership election - has hit out at "socialists with better Tiktok". City AM speaks to two major rivals to Sadiq Khan in the 2028 election for London mayor, Laila Cunningham from Reform and James Cleverly from the Tories. PLUS: We speak to the economist and author Profe
Healey's pension timebomb, Andrew Bailey AI warnings, is the Square Mile ignoring tech?
Send us Fan MailOn Business As Usual today: Grim economic news for the Chancellor, as private sector wage growth slows to a crawl just as the state pension hits £13,000 - what will this mean for John Healey's first Budget in October? Bank of England governor Andrew Bailey warns that exponential increases in AI power are an "OMG moment", and countries need to "arm themselves&quo
Odey ban upheld, Revolut faces ransom request, MPs push for AI regulation
Send us Fan MailOn today's Business As Usual podcast: Hedge fund founder Crispin Odey has lost his battle against working in financial services after a tribunal found he showed "reckless disregard for good governance".Revolut hackers are threatening to release stolen customer data unless the fintech pays a ransom, after the firm inadvertently handed over a trove of users’ private in
Tim Martin's wealth exodus warning, John Lewis' £120m loss, ex-Anthropic engineer on AI apocalypse
Send us Fan MailOn today's Business As Usual... An exclusive City AM interview with Wetherspoon's boss Tim Martin, who warns that more wealthy Brits could be poised to flee the UK. The owner of John Lewis has posted a £120m loss, amid worries that the cost of doing business is rising and tax pressures are deepening. Plus: The ex-Anthropic and OpenAI engineer now giving grave prophecies a
Sadiq Khan's e-bike dilemma, £400 Glastonbury tickets, Jubel chief on the brand's mega summer
Send us Fan MailOn today's Business As Usual podcast... The e-bike provider Forest tells Sadiq Khan: Enough is enough. The firm calls for London-wide licences.Jesse Wilson, the chief executive of insurgent brewer Jubel, gives the pod the inside view on the beer brand's big summer. Plus: He tells us why he'd never open a pub. And, Glastonbury 2027 tickets will go on sale in October f
Third-highest tax-payer flees Britain, airport parking charges take off & Liverpool sign record-setting deal
Send us Fan MailChris Rokos, Britain’s third-highest tax-payer has left for Greece, having contributed £300m to the public coffers just last year alone. City Editor, Simon Hunt has the story. Meanwhile, new figures show just how expensive airport parking has become - Alice Fowler, Operations Consultant at the Airport Parking Shop website joins us to explain just how much. Plus: Liverpool sign the
Healey refuses to rule out tax hikes, Hormuz to push prices higher & raving in St Paul's Cathedral
Send us Fan MailJohn Healey, the new Chancellor, gave his first major speech on the economy on Monday. He promised a more dynamic, innovative state as the key mechanism to push for growth. City Editor Simon Hunt assesses if he's on track to succeed. Meanwhile, Andy Burnham's promise to cut mortgage rates looks in peril as inflation looks set to jump as the Strait of Hormuz remains effect
Rent caps deal blow to FTSE 100 landlord, Zack Polanski to run in Starmer's seat & Zoom hires Jeffrey Epstein
Send us Fan MailThe FTSE 100 giant M&G asset manager swung into a loss this week – and it looks as though a Labour rental policy is to blame. City Editor, Simon Hunt has the story. Meanwhile, the hard-Left leader of the Green Party looks set to run in the seat of former Prime Minister, Sir Keir Starmer as preparations are made for yet another by-election. Reporter, Felix Armstrong joins the po
Shadow Chancellor hits back at Burnham, graduates unlikely to ever repay loans & F1 plans to expand
Send us Fan MailThe newly appointed Shadow Chancellor has told City AM he wasn't involved in formulating Liz Truss's disastrous mini-budget, following accusations from Andy Burnham that he contributed to the chaos at Wednesday's PMQs - City Editor Simon Hunt has the interview. Meanwhile, new data suggests many graduates are unlikely to ever repay their student loans, and that only t
Taxes scupper first time buyers in London, geopolitics expert on the Budget & Batman battles Irn Bru
Send us Fan MailA raft of government stealth taxes is driving the London property market even further out of reach for first time buyers, according to research - City Editor, Simon Hunt has the latest. Meanwhile Andy Burnham and John Healey prepare for their first budget as the UK is blown from pillar to post by global headwinds - Wall Street geopolitical adviser Tina Fordham, joins the pod to exp
Reform hopes to woo business, Apple's new CEO & Gen Z trained to speak on the phone
Send us Fan MailIn this episode of Business As Usual, we get stuck into the business side of Reform UK's party conference. Can Nigel Farage woo big FTSE firms? Apple's new chief executive John Ternus takes the reins today. In his in-tray: a big AI dilemma and soaring component costs. Plus: We'll take you inside the law firm training its Gen Z juniors to speak on the phone... Remembe
Youth unemployment remains high, Burger & Lobster CEO on hospitality and tax & Brewdog's James Watt press complaints
Send us Fan MailThe number of young people not in employment, education or training, (NEETs), remained stubbornly high on Thursday as the number of NEETs dropped very slightly below 1 million. Investment Reporter, Maisie Grice has the breakdown. Meanwhile, the Chief Executive of Burger and Lobster tells the podcast he'd like to see an overhaul to VAT and calls on the government to support con
Pensioners pile pain on taxpayers, Deloitte battles Trump over DEI & Londoners stump up huge house deposits
Send us Fan MailNew research suggests that pensions will heap pressure on generations to come, requiring reams of extra tax rises. The Institute for Public Policy Research found that demographic changes will make up two-thirds of rising fiscal pressures on the government by 2050 and four-fifths of pressures by 2075. Senior City Reporter, Sam Norman, has the facts. Meanwhile, Deloitte is under fire
Burnham's council house drive boosts housebuilders, why data centres are pushing up mortgages & hidden pension pots
Send us Fan MailHousebuilders enjoyed a share price boost on Andy Burnham committed to AKeir Starmer's social housing plan. The news comes as Reform unveiled a policy prioritising British-born families and married couples for social housing. Retail Reporter, Felix Armstrong has the latest. Meanwhile, AI companies are contributing to the rising interest rate on government and household borrowi
The most likely taxes this Budget, GTA 6 leaks rock share price & the company authenticating human work
Send us Fan MailWe take you through the three most likely taxes set to rise in this year's Budget, as Andy Burnham's spending pledges continue to rise. Chief Reporter, Ali Lyon has the list. Meanwhile, further leaks of the new Grand Theft Auto 6 game are further endangering the biggest game launch the world has ever seen. We look at the business implications for Rockstar Games and Take T
Harry & Meghan face tax turmoil, Amazon destroys books for AI training & the Alice In Wonderland themed office
Send us Fan MailThe Duke and Duchess of Sussex are reported to be eyeing a return to Blighty after six years away in California. City Editor Simon Hunt examines the potential tax implications for the in-and-out royal couple. Meanwhile, from selling books in the mid-90s to destroying them in 2026: Amazon confirms to City AM that it's buying up books to train its AI models. Tech Reporter, Saski
Pensioners set for £500 boost, Donald Duck sues Donald Trump & student loans blamed for hospitality pain
Send us Fan MailPensioners are widely expected to receive a £500 windfall when the Triple Lock mechanism calculates the annual uprating of the state pension next month. City Editor, Simon Hunt joins the podcast to explain how much this will cost the taxpayer. Meanwhile, Disney is suing the Trump administration over a censorship case after the House of Mouse's ABC network was hit with a licenc
Trump rules out Iran ceasefire, AI drives up smartphone prices & Kylian Mbappé'-backed firm lands in Harrods
Send us Fan MailOil prices ticked higher on Monday after Donald Trump refused to extend the ceasefire between the US and Iran - City Editor Simon Hunt has the latest. Meanwhile, the rapid expansion of data centres to cater to AI is driving up the price of smartphones, laptops and gaming consoles. Tessa Mann, Multi-Asset Strategy Senior Director at Willis Towers Watson joins the podcast to explain
Jamie Dimon warns Chancellor on bank tax, Labour MP on North Sea oil & UK chairman works from New Zealand
Send us Fan MailThe boss of JP Morgan has issued a bank tax warning to John Healey as the Chancellor gears up to deliver his first Budget in October. Jamie Dimon held a call with Healey where the bank chief emphasised “getting public policy right” as crucial to solving economic problems. City Editor, Simon Hunt, joins to discuss. Meanwhile, a rising star in the Labour party, Henry Tufnell has endo
Revolut's chatbot goes rogue, Steven Bartlett's co-founder on Diary of a CEO & the 24/7 tech bro cafe
Send us Fan MailRevolut’s customer service chatbot has charged customers a £55 break fee to cancel premium memberships after the neo-bank ditched major subscription perks. Senior City Reporter, Sam Norman has the scoop. Meanwhile, Dairy of a CEO presenter, Steven Bartlett looks set to overtake Joe Rogan's audience on YouTube - we speak to Oliver Yonchev, co-founder of Bartlett's producti
Soho House data stolen, Labour to miss 1.5m housing target & rich parents pay kids' uni fees
Send us Fan MailAn IT consultant has been ordered to repay £50,000 to his employer after being accused of stealing the personal details of tens of thousands of Soho House Members. City Editor, Simon Hunt has the exclusive.Meanwhile the boss of one of Britain's biggest construction trade bodies has told City AM that Labour's housebuilding target of 1.5m new homes is now unattainable. We b
Gold rises on inflation fears, the AI watching you in your car & Frive CEO on subscription meals
Send us Fan MailInvestment Reporter Maisie Grice joins us on the corporate roundup, from a five-star hotel in Mayfair getting a formal financial warning from HMRC, to why the price of gold is surging again and why AI may soon be coming to the inside of your car. Meanwhile lifestyle publication Time Out is set to open one of its signature food halls in the UK - we speak to one of its executives abo
Burnham vows to outlaw fake discounts, Italian cheese puts loans at risk & the AI that hacked a gym
Send us Fan MailAndy Burnham has vowed to outlaw fake discounts and crack down on stealth subscriptions as he pledges to deliver “breathing room” on the cost of living. Chief Reporter, Ali Lyon has the details.Meanwhile the hot weather has triggered fears that the high temperatures may threaten Italy's stock of parmesan - a commonly used form of collateral in the country's agricultural l
Guinness-maker Diageo's shares rocket, DeLonghi boss on coffee machine market & pensioners face tax sting
Send us Fan MailResults from the firm behind Guinness, Johnnie Walker and Tanqueray showed sales have slipped – and yet the shares in Diageo are up. City Editor Simon Hunt explains why. Meanwhile, UK coffee drinkers continue to move further up market with Brits now drinking around 98 million cups every day - but how much further can this premium espresso bull-run go? Lee Bonniface, UK & Irelan
Government ditches DEI targets, Revolut CEO to become UK's richest man & the NIMBYs at war with Twickenham
Send us Fan MailThe Prime Minister's chief enforcer, Louise Haigh, has said net zero, modern slavery and equality rules are set to be stripped from procurement rules as Andy Burnham tries to prioritise job creation. Politics and Economics Reporter, Mauricio Alencar and Katie Carruthers, Managing Director of Tecknuovo join to discuss what this mean for government tenders. Meanwhile, the billio
Revolut CEO Nik Storonsky sued over superyacht, Apple sues the Home Office & OAPs boost the FTSE
Send us Fan MailThe founder of Revolut, Nik Storonsky, is being sued for €17.5mn for allegedly avoiding paying commission on a €350mn superyacht. City Editor Simon Hunt has the story. Meanwhile Apple is taking the Home Office to court over an attempt to force the iPhone maker into giving the law enforcement access to encrypted files. Professional Services Editor, Maria Ward-Brennan explains what&a
The winners and losers of Healey's first budget, supermarkets accused of profiteering, & who might replace Infantino?
Send us Fan MailThe date for John Healey's first budget as Chancellor is in the diary, and we discuss who the winners and losers might be. Meanwhile, Retail Reporter, Felix Armstrong joins us on a warning from the Chancellor to supermarkets against profiteering during a cost of living crisis. Plus: what's next for the embattled Fifa boss, Giani Infantino? Deputy Sports Editor, Matt Hardy
Bank of England hampers Burnham’s jobs drive, EasyJet takeover up in the air, and Ferrari's EV hits sales target
Send us Fan MailInterest rates look set to stay higher for longer, putting more pressure on borrowers – including the country’s biggest borrower, the government. The Bank of England’s MPC's decision to hold interest rates also hampers Andy Burnham's drive to solve the youth unemployment crisis. Chief Reporter, Ali Lyon joins to explain. Meanwhile, Andy Burnham has given his second sit do
Greggs opens Tenerife bakery: stock soars, why the Middle East can't get enough Vimto, and how to sell a World Cup
Send us Fan MailOne of the most shorted stocks on the FTSE, Greggs, saw its shares rise after a trading update in which the chain announced it was opening a bakery in Tenerife. Chief Reporter Ali Lyon has the story. Meanwhile more British travellers are seeking refuge in airport lounges as they jet off on summer holiday - the CEO of Collinson International which operates those lounges joins us to
Inflation slashes Burnham's budget by £24bn, pension boss calls for ban on US shares in ISAs & Unilever boosted by avocado mayo
Send us Fan MailBritain’s new chancellor, John Healey, faces a £24 billion real spending squeeze by the end of the decade, due to higher and more persistent inflation. Chief Reporter, Ali Lyon explains what that means for the autumn Budget. Meanwhile, pensions boss Nicholas Lyons has called for a ban on holding shares of American companies in UK ISAs. The Chairman of Standard Life has argued the c
Scottish tax hikes backfire, Waitrose searches for new store locations & the one West-End musical to avoid
Send us Fan MailThe Scottish government’s decision to hike the top rate of income tax may have backfired. That’s according to analysis from the lawyer Dan Neidle, who suggests raising rates north of the border actually led to lower receipts. Chief Reporter, Ali Lyon has the story. Meanwhile, Waitrose is asking the Great British public for suggestions of potential future stores, as part of a one bi
Burnham's £100m pub bailout, Brits ditch the Sunday roast, and why AI is killing human creativity
Send us Fan MailAndy Burnham has announced a 20% cut to business rates for pubs, clubs and music venues. The government claims £100m commitment will be funded by cracking down on businesses, like vape shops and tax-avoidant online sellers, which they say “do not make a positive contribution to local communities.” Morgan Schondelmeier, Head of Policy at the British Beer and Pub Association join us
Burnham's £22bn bombshell, Amex boss on High St shopping & cricket teams feel the financial pinch
Send us Fan MailWe’re three days into Andy Burnham’s premiership and he's already racked up billions in spending pledges. On his treasury shopping list he’s committed to a VAT cut on energy bills, a vow to end rough sleeping, and the reintroduction of the Conservative policy of capping of bus fares. Chief Reporter, Ali Lyon has the full breakdown. Meanwhile, an American Express boss tells Cit
New Chancellor in place, another FTSE company poached & Welsh fintech hires Kazakhstan burger baron
Send us Fan MailJohn Healey has been confirmed as the new Chancellor of the Exchequer - we get reaction from our City Editor, Simon Hunt plus City grandee and activist investor, Christopher Mills, Chief Executive of Harwood Private Equity (who doesn't hold back about the challenges facing the Burnham administration). Meanwhile, a Welsh finance company owned by Sir Alex Ferguson has hired the
Andy Burnham becomes Prime Minister: what it means for the economy, politics and you
Send us Fan MailAndy Burnham has officially been invited by the King to form a government, and outside Downing Street, and without a lectern, the new PM promised to lay out a 10 year plan for Britain. City Editor, Simon Hunt explains what it means for the economy. Meanwhile, stakeholders in Thames Water are battling to keep the company out of government hands. Deputy Editor, Charlie Conchie pulls
British Steel is nationalised, small businesses despair, and Shabana for Chancellor?
Send us Fan MailThe government has brought British Steel under state ownership after the steelmaker’s nationalisation passed a public interest test. Chief Reporter Ali Lyon explains what happens next. Meanwhile, only 1 in 6 small businesses expects to grow over the next year, Craig Beaumont, Executive Director at FSB joins us to tell us why. Plus: Shabana Mahmood now stands an 85% chance of being
James Watt makes Brewdog offer, triple lock under fire, Rachel Reeves’ parting warning
Send us Fan MailOn the podcast today... An audacious offer from the Brewdog founder James Watt to buy back his old firm. A worrying new report from the OECD that the triple lock on state pensions is putting serious pressure on the British economy. Plus: We take you inside Rachel Reeves’ final Mansion House dinner, and the warning the outgoing Chancellor has given her successor.Remember to download
Tom Kerridge on hospitality crisis, the wealth tax that MIGHT work plus why France is still vital to the UK economy
Send us Fan MailCelebrity chef, Tom Kerridge, has told City AM that the benefits of a 10% cut in VAT on hospitality would far outweigh the negatives. Speaking to City AM's Retail Reporter, Felix Armstrong, Mr Kerridge took aim at tax expert Dan Neidle, who has criticised the proposed VAT scheme for indiscriminately cutting taxes for both small and large businesses. Meanwhile, City Editor Simo
Rachel Reeves's legacy, JP Morgan CEO Jamie Dimon questioned on Epstein, and Wimbledon winners' tax
Send us Fan MailAs Rachel Reeves likely enters her final week as Chancellor before Andy Burnham's coronation, we look back on her legacy with the help of City Editor, Simon Hunt. Meanwhile the world's most influential banker and JP Morgan CEO, Jamie Dimon, faces questions from US politicians about whether he lobbied the UK government on the advice of Jeffrey Epstein. Plus: it's not
Hugo Boss takeover offer branded "inadequate", government considers VPN ban, National Grid struggles as Brits blast aircon
Send us Fan MailHugo Boss has urged its investors to reject the “inadequate” £1.7bn takeover tabled by Mike Ashley’s Frasers Group after the retail giant behind Sports Direct and House of Fraser launched a move to take control last month. City Editor Simon Hunt reports. Meanwhile the government weighs potential restrictions on the use of VPNS - is this safeguarding of children or an infringement o
Trump calls off Iran ceasefire, Virgin Media O2 fined, and Jet2 boosted by jet fuel prices
Send us Fan MailMarkets are reeling after Donald Trump called an end to the fragile ceasefire with Iran. Senior City Reporter, Sam Norman explains the consequences for the UK. Meanwhile the media watchdog slams Virgin Media O2 for making it too hard for customers to leave their contracts, issuing one of the biggest consumer fines in OFCOM's history. Plus: can a professional restaurant critic
House prices rise, M&S shareholders demand longer skirts, and why Wimbledon's Centre Court seats lie empty
Send us Fan MailThe latest Lloyds House Price Index indicates UK house prices have risen for the first time in weeks - but what does it mean for homeowners in London? Meanwhile M&S has updated shareholders and faced a backlash for its newer, shorter skirts. Retail Reporter, Felix Armstrong, has the details. Plus: Wimbledon slaps down accusations of pricing normal people out of the game, as sea
Sky buys chunk of ITV, what the City makes of Burnham, and $8m World Cup tickets
Send us Fan MailCity editor Simon Hunt tackles the big corporate stories: Sky is buying ITV’s broadcasting arm for £1.6bn; Ocado's chief executive will step down after a long boardroom battle, Nigel Farage backed crypto venture loses more than a third of its value. Meanwhile, less than two weeks from Andy Burnham (almost certainly) taking the keys to Number 10, how is the Square Mile feeling
INTERVIEW: UK boss of Charles Schwab on markets, SpaceX IPO and investment opportunities in 2026
Send us Fan MailOur investment reporter, Maisie Grice speaks to the UK boss of the world’s largest brokerage firm. Richard Flynn is the UK Managing director of Charles Schwab which has over $12 trillion under management. He came in to chat about the markets in the first six months of 2026, that SpaceX mega IPO, and where those hidden investment opportunities might lie for the second half of the ye
Motor finance compensation in doutbt, Thatcher aide on 'No. 10 North' and: what is co-living?
Send us Fan MailThe financial conduct authority has suspended parts of its £9bn motor finance ruling after a venomous response from industry and consumer groups. Senior City Reporter Sam Norman has the story. Meanwhile, Politics and Economics Reporter Mauricio Alencar speaks to Margaret Thatcher's former private secretary about Andy Burnham's plans to build a 'Number 10 North'.
Brewdog CEO quits after just one year, the business of social housing, and banks eye digital ID
Send us Fan MailThe chief executive of Brewdog has resigned after just a year, and so far, it doesn’t look clear if he’ll be replaced at all. Simon Hunt has the details. Meanwhile, Andy Burnham has pledged the biggest social housebuilding drive in a generation - Deputy Editor, Charlie Conchie pulls back the curtain on the business of council housing. Plus: Senior City Reporter, Sam Norman explains
Why Italian aristocrats want to mine uranium, the FTSE half-year review, and Canary Wharf is BACK
Send us Fan MailA firm run by Italian aristocrats planning to mine uranium in northern Italy, has drawn up plans for a London float as it seeks to capitalise on renewed interest in nuclear technology. City Editor, Simon Hunt explains why. Meanwhile we're six months into the year - would investing in the FTSE 100 in January have paid off? Michael Hunter has the figures. Plus: Barclays signs a
Google UK boss on AI and social media ban, Andy Burnham pledges to end politics as usual and is this end for ESG?
Send us Fan MailThe head of Google in the UK, Kate Alessi has told City AM she was disappointed by the government’s decision to include YouTube in the under-16s social media ban and praised Labour’s AI policies so far this parliament. The remarks come as Google today releases a new in-depth report into the impact of AI on the UK economy, and how the US tech giant is empowering businesses of all si
Government plans secret pensioner tax, Meta plans Polymarket rival and Iran play Egypt in Fifa Pride match
Send us Fan MailThe Treasury is drawing up plans to automatically withhold income tax from the State Pension before it is paid out to pensioners, according to City Editor, Simon Hunt, in a move that would contradict previous assurances by Chancellor Rachel Reeves that she would not “go after” elderly Brits with fresh tax demands.Meanwhile Facebook's parent company Meta is planning an alternat
The board meeting that went wrong, Anthony Seldon on Starmer and the property firm staying on the FTSE 100
Send us Fan MailCity Editor Simon Hunt reports on a fierce battle between the founder of a tech firm and its board after one of the directors was voted out by shareholders.Meanwhile British property firm Segro fights off £12.6bn swoop by US real estate giant. Plus: historian and author Sir Anthony Seldon speaks to City AM's Politics and Economics Reporter Mauricio Alencar about where it all w
Gatwick second runway gets lift off, StubHub fined nearly £1M, and Brexit 10 years on: was it worth it?
Send us Fan MailGatwick Airport has moved a step closer to breaking ground on its eagerly anticipated expansion after a court dismissed a pair of legal challenges brought by local campaigners - City Editor Simon Hunt touches down in the studio. Meanwhile StubHub, the ticket reseller, has been ordered to refund over 50,000 customers and pay a £900,000 fine for hidden fees. Plus: 10 years on from th
Keir Starmer resigns: what it means for the economy, the markets and the pound in your pocket
Send us Fan MailSir Keir Starmer has announced his resignation as Prime Minister, with Andy Burnham set to be installed as Labour leader within weeks. Joining us to make sense of the politics is our Editor-in-Chief Christian May. Meanwhile, what does the change in regime means for the economy and the markets? Simon Hunt tells us the City's pick for Chancellor.Plus: could football-crazy Andy B
Tesco fuel sales surge, Sumo wrestling could return to London, Kaleb Cooper speaks to City AM
Send us Fan MailA major hike in fuel prices boosts sales at Tesco, which is bracing for higher inflation in the weeks ahead. With all eyes on the World Cup, new reports suggest the Sumo could return to London. Could this be the next big sporting phenomenon? Plus: Kaleb Cooper from Clarkson’s Farm tells City AM that the government needs to keep farmers on side, and that the public doesn’t really ca
Kemi Badenoch promises to slash red tape for banks, Lush CEO in court, food inflation drops, and meet Gary Stevenson's mentor
Send us Fan MailTory leader Kemi Badenoch has promised to slash post-2008 red tape imposed on the banking industry should she be elected prime minister; our Senior City Reporter, Sam Norman has the story. Meanwhile the CEO of Lush finds himself in court, and Retail Reporter, Felix Armstrong talks food inflation. Plus: meet the former co-worker of Gary Stevenson, Kent Bray, who speaks candidly abou
Thousands of Rathbones accounts suspended, Revolut faces off with sleep-starved customer and Sky News's Ed Conway on global supply chains
Send us Fan MailShares in wealth manager Rathbones tumbled on Tuesday as it was set to lose out on hundreds of millions of pounds after it suspended contributions from thousands of customers following an investigation into its business; City Editor, Simon Hunt has the story. Meanwhile Revolut has faced off against a sleep-starved customer who complained about the app sending him too many notificat
Mike Ashley bids for Boss, social media ban causes VPN surge, and the BBC axes thousands of jobs
Send us Fan MailMike Ashley’s Frasers Group, which owns Sports Direct, Flannels, Jack Wills and Evans Cycles, has launched a €2bn bid for German luxury brand Hugo Boss - Simon Hunt reports. Meanwhile VPN searches among young people have surged 165% after the government announced a ban on social media for under-16s. Tech reporter, Saskia Koopman explains why some critics have called the ban unworka
Defence Secretary resigns over spending, Burnham flirts with WASPI spending and thousands of fans rejected at the US border
Send us Fan MailJohn Healey resigned as defence secretary on Thursday after months of tension with Sir Keir Starmer over funding for an uplift in spending on the armed forces. Politics and Economics Reporter, Mauricio Alencar, breaks down the figures. Meanwhile, Andy Burnham suggested he would support more than 3.5m women who are seeking compensation, hinting at a billions of pounds spending comm
Thames Water eyes FTSE float, Anthropic to release Mythos to the public, and why high street banks might still be best
Send us Fan MailThames Water eyes a return to the publicly traded markets in the hopes to avoid being nationalised. Michael Hunter explains how that would work. Meanwhile Anthropic officially released Claude Fable 5 on Wednesday, allowing the public to access the core architecture of its notorious ‘Mythos’ model for the first time – a technology previously deemed to dangerous for distribution.Plus
Palantir to sue Sadiq Khan, GSK shares slide after $10Bn deal, and could the World Cup save British pubs?
Send us Fan MailPharma giant GSK has sealed a $10bn deal to snap up Boston-based biopharmaceutical company Nuvalent, in a bid to diversify its portfolio of patents.Meanwhile, AI firm Palantir is to take Sadiq Khan to court over the cancellation of a police contract - City Editor, Simon Hunt, has the details. Plus: could the football World Cup be the thing to save the struggling pub industry? Remem
Is the AI bubble about to burst? Lewis Hamilton calls for an end to billionaires, plus: Spencer Matthews on his drinks empire
Send us Fan MailCould tech stock jitters in Asia, which saw shares crash 8% on Monday, spread to the wider market? Simon Hunt gives his take on whether it's time to sell. Meanwhile, Lewis Hamilton has gone viral for calling for an end to billionaires. Is a man rumoured to be worth $400-500m the best spokesperson to advocate for a wealth tax? Christian May joins to discuss. Plus: Made In Chels
