Business As Usual | City AM

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 Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Shares 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 notifications. Senior City Reporter, Samuel Norman reports.  Plus: Sky News's Ed Conway joins the podcast to discuss the hidden significance behind some of the world's most ubiquitous and unassuming items.

Mike Ashley bids for Boss, social media ban causes VPN surge, and the BBC axes thousands of jobs

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Mike 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 unworkable.  Plus: is the World Cup the reason your house price isn't going up? Retail reporter, Felix Armstrong has the data.

Defence Secretary resigns over spending, Burnham flirts with WASPI spending and thousands of fans rejected at the US border

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] John 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 commitment if he enters Downing Street. Alys Denby joins us to discuss.  Plus: thousands of fans are turned away at the US border in as the World Cup gets under way.

Thames Water eyes FTSE float, Anthropic to release Mythos to the public, and why high street banks might still be best

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Thames 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: Simon Hunt on why he still prefers a bricks and mortar bank over the likes of Monzo or Revolut.

Palantir to sue Sadiq Khan, GSK shares slide after $10Bn deal, and could the World Cup save British pubs?

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Pharma 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?