Business As Usual | City AM

Send us Fan Mail Fashion giant Burberry has pushed back its climate targets by a decade, adding another name to a long list of blue chips watering down their environmental commitments.  Meanwhile a government IT provider accidentally leaks thousands of passport photos, including meta data details such as location data.  Plus: why the government wants to ban NDAs, and why moving abroad may not shie...

Send us Fan Mail The government is preparing to release a report into the causes, and impacts of youth unemployment, warning we could be looking at a "lost generation".  Politics and Economics Reporter, Mauricio Alencar has the story.  Meanwhile, Ferrari's new electric car is met with derision and leads to a decline in the share price. We ask why luxury carmakers are struggling to a...

Send us Fan Mail The chair of BP has been fired after less than a year, after “serious concerns” about his conduct were lodged with the energy major’s board. Simon Hunt has the details. Simon also has an exclusive on the decommissioned aircoditioning units on the Piccadilly Line costing millions.  Meanwhile Silicone Valley salaries hit London! Saskia Koopman reports on the eye-watering wages being...

Send us Fan Mail On today's episode, we interview the man trying to get a seat on Nationwide's board. We also report on fresh figures showing London's fintech scene is growing at a rapid rate.  Meanwhile, are green ESG investments officially dead? Some investors don't think so - Sam Norman locks horns with the investor who's still bullish on ESG.  Goalhanger podcasts launc...

Send us Fan Mail It's a rare good news day in the City AM office: stellar results for Investec spur a hiring spree in the City - meanwhile Youngs Pubs reveals the pub which recently took £91k in a single day.  The latest consumer confidence survey makes for optimistic reading as the public's economic mood brightens slightly.  Plus: LBC presenter Iain Dale tells us why he thinks it's...

Send us Fan Mail City reporter Sam Norman talks us through the M&S boss hitting out at Treasury plans to cap supermarket prices and what to look out for in Easyjet's results.  Meanwhile, the latest data shows foreign direct investment has dropped this year, we speak to EY's Chief UK Economist.  Plus: Deputy Sports Editor Matt Hardy pulls back the curtain on Arsenal's billionaire...

Send us Fan Mail On today's episode, Simon Hunt is back in the studio with a corporate news roundup, including record growth for the neo-bank Monzo, which has banked a tranche of new customers.  Meanwhile Andy Burnham says neoliberalism has failed in Britain for forty years - Alys Denby analyses his claims.  Plus: could Harry Styles single-handedly save the UK economy? Felix Armstrong has the...

Send us Fan Mail As rhe chaos in Westminster continues,  the effects of the Iran war spark fears the government may need to raise taxes at the next election.  Meanwhile the boss of Innocent Drinks, the Coca-Cola-owned company behind your breakfast smoothie, has told City AM he backs closer links with the EU, in the same week that former Health Secretary, Wes Streeting called for a return to the tr...

Send us Fan Mail Wes Streeting resigned from his cabinet position on Thursday, blaming a 'vacuum' of ideas at the heart of Downing Street.  The now former Health Secretary's departure has spurred further debate on how long the Prime Minister can last, and cast doubt over the fiscal stability of the UK.  Meanwhile, Lego has doubled down on its 'digital play' offering, and S...

Send us Fan Mail Rumours of Wes Streeting's resignation plunged bond markets into chaos on Wednesday as trader feared prolonged political uncertainty. Sam Norman elaborates on how the Health Secretary's rumoured plot has decimated Rachel Reeves's fiscal headroom.  Meanwhile, new data from Kantar and the University of Oxford suggests British brands are lagging behind their global com...

Send us Fan Mail Sir Keir Starmer is clinging on to power in Downing Street as he suffers multiple ministerial resignations. Alys Denby sets out the path ahead, and what a potential change in leadership means for business as the economy.  Meanwhile, City Editor Simon Hunt comes face to face with the CEO of a bank whose rebrand he previously called "the most anodyne, innocuous name they could...

Send us Fan Mail With a brand new UK energy giant forged by a merger, and results from Greggs and On The Beach, Simon Hunt breaks down today's top corporate news. Sir Keir Starmer's premiership is hanging by a thread, and new City AM / Freshwater polling reveals that voters fear what could come next - Sam Norman has all the details.  And Saskia Koopman gives the lowdown on the AI divide...

Send us Fan Mail As the vote count for the local elections begins, Christian May talks through the likely impact and the strategies behind each party's campaign.  Meanwhile Ryanair's CEO, Michael O'Leary and the boss of Wetherspoon's disagree on the pre-9am airport pint.  Plus: sports execs have relied on media rights for too long and will need to look for cash elsewhere. Sport...

Send us Fan Mail It's polling day! People from all over the country will vote in the local elections today - Simon Hunt brings us the latest on what it means for business and for London.  Meanwhile, employees at KPMG are up in arms around poor communication about a round of lay-offs. Maria Ward-Brennan has the inside scoop on how hundreds of job cuts are being handled there.  Plus: we're...

Send us Fan Mail In this episode we explore the OBR's modelling for the worst case scenario, should the Strait of Hormuz remain closed. We also look at the potential fallout for the cost of your mortgage.  Simon Hunt updates us on HSBC, Vodafone and why the Crown Prince of Saudi Arabia owns a Morrisons in Stockport.  Plus: have we really reached the £10 pint? Felix Armstrong has crunched the...

Send us Fan Mail As the country faces a pivotal set of local elections, voters are being forced to vote tactically more than ever. With the Greens breathing down Labour's neck in several London constituencies, City AM's Opinion and Features Editor (and card-carrying Tory), Alys Denby is considering voting Labour.  Also, as London struggles to stay competitive for AI founders, we speak to...

Send us Fan Mail Ahead of some pivotal local elections, the Conservative leader Kemi Badenoch has told City AM she wants an economic revolution, powered by a reinvigoration of the City and tax cuts. She said it’s time to face up to the issues such as an ageing population and the cost of net zero.  Also, Stephen Fry files a lawsuit against the organisers of a tech conference after falling off the s...

Send us Fan Mail As the Bank of England's Monetary Policy Committee decides on interest rates, City AM's Chief Reporter, Ali Lyon sets out which way they're likely to go. Meanwhile, Heathrow is apparently "full" as the UK’s busiest airport issues a  warning over its capacity, and the war in the Middle East sees demand for flight transfers taking off. Plus: the Americans of...

Send us Fan Mail In this episode, our City Editor, Simon Hunt talks us through Aston Martin's results, a John Lewis lawsuit and Natwest's annual general meeting which was disrupted by climate protesters.  We also hear from City AM's news reporter Rosie Harris-Davison on why one US law firm is hopeful its staff return to their desks next week... in the Middle East.  Plus, Deputy Spor...

Send us Fan Mail City Editor Simon Hunt on BP's shareholder rebellion, a boost to Barclays' investment division and a power play at the top of Nationwide. Meanwhile, are businesses braced for a change of Prime Minister? City AM's Editor-in-Chief, Christian May takes us through the worst week for Keir Starmer's premiership since... last week.  Plus: Senior Reporter, Maria Ward-B...

Send us Fan Mail Introducing Business As Usual!  The City has been crying out for an accessible, informative, and dare we say funny near-daily podcast to explain all the big happenings in the Square Mile and beyond.  Well, good news! It's here, and you've found it. Business As Usual, launching in partnership with Okta, is the only morning shot of information you'll need to go about...