New Chancellor in place, another FTSE company poached & Welsh fintech hires Kazakhstan burger baron

New Chancellor in place, another FTSE company poached & Welsh fintech hires Kazakhstan burger baron

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] John 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 founder of Burger King Kazakhstan - we'll explain why.  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!

Andy Burnham becomes Prime Minister: what it means for the economy, politics and you

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Andy 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 the curtain back on those tricky negotiations.  Plus: what does a Burnham premiership mean for politics on the Left and the Right? Opinion Editor, Alys Denby talks about neoliberalism and the lack of scrutiny our new Prime Minister has enjoyed.  Don't forget to VOTE in the Toast Awards 2026 for your favourite spot in the City 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!

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!