Business As Usual | City AM

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

17 min · 16. juni 2026
episode Mike Ashley bids for Boss, social media ban causes VPN surge, and the BBC axes thousands of jobs cover

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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.

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episode Google UK boss on AI and social media ban, Andy Burnham pledges to end politics as usual and is this end for ESG? artwork

Google UK boss on AI and social media ban, Andy Burnham pledges to end politics as usual and is this end for ESG?

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] The head of Google in the UK, Kate Alessi has told City AM she was disappointed by the government’s decision to include YouTube in the under-16s social media ban and praised Labour’s AI policies so far this parliament. The remarks come as Google today releases a new in-depth report into the impact of AI on the UK economy, and how the US tech giant is empowering businesses of all sizes. Meanwhile Andy Burnham has set out his economic vision, pledging more state control of utilities, a massive council housebuilding programme and promised to move more government functions to the North of England. Plus: as an ESG-reporting firm goes bust, we ask the question: is this the end for environmentalism in business?

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episode Government plans secret pensioner tax, Meta plans Polymarket rival and Iran play Egypt in Fifa Pride match artwork

Government plans secret pensioner tax, Meta plans Polymarket rival and Iran play Egypt in Fifa Pride match

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] The Treasury is drawing up plans to automatically withhold income tax from the State Pension before it is paid out to pensioners, according to City Editor, Simon Hunt, in a move that would contradict previous assurances by Chancellor Rachel Reeves that she would not “go after” elderly Brits with fresh tax demands. Meanwhile Facebook's parent company Meta is planning an alternative to US prediction markets app, Polymarket. Tech Reporter, Saskia Koopman has the latest on that, and whether SpaceX was a good investment two weeks ago.  Plus: Iran and Egypt are set to play a Pride game of football in the World Cup on Saturday. Matt Hardy, Deputy Sports Editor, digs into the irony.

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episode Gatwick second runway gets lift off, StubHub fined nearly £1M, and Brexit 10 years on: was it worth it? artwork

Gatwick second runway gets lift off, StubHub fined nearly £1M, and Brexit 10 years on: was it worth it?

Send us Fan Mail [https://www.buzzsprout.com/2612946/fan_mail/new] Gatwick Airport has moved a step closer to breaking ground on its eagerly anticipated expansion after a court dismissed a pair of legal challenges [https://www.cityam.com/gatwicks-2-2bn-second-runway-to-be-challenged-in-court/] brought by local campaigners - City Editor Simon Hunt touches down in the studio.  Meanwhile StubHub, the ticket reseller, has been ordered to refund over 50,000 customers and pay a £900,000 fine for hidden fees.  Plus: 10 years on from the Brexit referendum result, was it all worth it? Opinion Editor Alys Denby explains why she's changed her mind on the issue in the last decade.

24. juni 202617 min