Is the AI bubble about to burst? Lewis Hamilton calls for an end to billionaires, plus: Spencer Matthews on his drinks empire

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!

Trump calls off Iran ceasefire, Virgin Media O2 fined, and Jet2 boosted by jet fuel prices

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Markets 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 get into shape? City AM's Deputy Life&Style Editor, Adam Bloodworth reports on his progress. 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!

House prices rise, M&S shareholders demand longer skirts, and why Wimbledon's Centre Court seats lie empty

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] The 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 seats lie empty on Centre Court. Deputy Sports Editor, Matt Hardy joins us to discuss.  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!

Sky buys chunk of ITV, what the City makes of Burnham, and $8m World Cup tickets

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] City 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 about his policy agenda?  Plus: As England progresses to the quarter-finals, excitement for the World Cup is reaching fever pitch. And some wealthy fans are going to extreme lengths to see Tuchel's side.  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!

INTERVIEW: UK boss of Charles Schwab on markets, SpaceX IPO and investment opportunities in 2026

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Our 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 year. 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!