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

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!

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!