M&S boss hits out at price-capping, UK foreign direct investment drops and the billionaire behind Arsenal's success

British Steel is nationalised, small businesses despair, and Shabana for Chancellor?

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] The 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 named the next chancellor of the exchequer according to Polymarket. But, what does the likely next Chancellor think about business and the economy more widely? And remember to VOTE for your favourite City of London hospitality spot here: https://www.cityamevents.co.uk/toast-2026 Remember to download the City AM app: https://tr.ee/BwDcEwXuPS ... and subscribe to our various newsletters here: https://mailchi.mp/cityam.com/newsletters If you'd be interested in sponsoring Business As Usual please get in touch via the fanmail link!

James Watt makes Brewdog offer, triple lock under fire, Rachel Reeves’ parting warning

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] On 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 the City AM app: https://tr.ee/BwDcEwXuPS ... and subscribe to our various newsletters here: https://mailchi.mp/cityam.com/newsletters If you'd be interested in sponsoring Business As Usual please get in touch via the fanmail link!

Tom Kerridge on hospitality crisis, the wealth tax that MIGHT work plus why France is still vital to the UK economy

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Celebrity 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 Simon Hunt takes a closer look at a possible Land Value Tax, a proposal favoured by Andy Burnham which would see council tax and stamp duty rolled into one.  Plus: on Bastille Day the UK head of Business France tells the podcast Brits are still as eager for French cheese, wine and fintechs as ever.  Remember to download the City AM app: https://tr.ee/BwDcEwXuPS ... and subscribe to our various newsletters here: https://mailchi.mp/cityam.com/newsletters If you'd be interested in sponsoring Business As Usual please get in touch via the fanmail link!

Rachel Reeves's legacy, JP Morgan CEO Jamie Dimon questioned on Epstein, and Wimbledon winners' tax

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] As 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 all fun and games for the Wimbledon winners as HMRC calculates the tax bill on their winnings.   Remember to download the City AM app: https://tr.ee/BwDcEwXuPS ... and subscribe to our various newsletters here: https://mailchi.mp/cityam.com/newsletters If you'd be interested in sponsoring Business As Usual please get in touch via the fanmail link!

Hugo Boss takeover offer branded "inadequate", government considers VPN ban, National Grid struggles as Brits blast aircon

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Hugo 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 of civil liberties?  Plus: the the National Grid has admitted that an uptick in overnight air conditioning is putting strain on the system - Chief Reporter, Ali Lyon explains.  Remember to download the City AM app: https://tr.ee/BwDcEwXuPS ... and subscribe to our various newsletters here: https://mailchi.mp/cityam.com/newsletters If you'd be interested in sponsoring Business As Usual please get in touch via the fanmail link!