The City View - City AM's Daily Podcast

On today's final episode of The City View, Andy Silvester talks to City A.M.'s Opinion and Features Editor Sascha O'Sullivan. They ask whether Boris Johnson is harming the Tory party's chances of reelection, and if Starmer is the right man for the job as Labour leader. And in the business news: TUI has cancelled nearly 200 flights due to serve Manchester airport, US activist investor Nelson Peltz has been appointed to the board of Unilever, and GSK has agreed to buy US vaccine firm Affinivax. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Michael Moore, Director General at BVCA. They discuss the scale of private equity and venture capital in the UK, their importance in the UK's employment market, and how vital they are for companies looking to scale up. And in the headlines: Sainsbury's CEO Simon Roberts has said that the supermarket plans to pump £500m into price cuts; Foxtons has poached Chestertons CEO Guy Gittins; and Oxford Metrics, the company behind the ABBA Voyage avatars, has sold off a part of its business. See omnystudio.com/listener for privacy information.

Today City A.M. reporter Charlie Conchie talks to Tech Nation CEO Gerard Grech for a chat about the company's Impact Report, which assesses how it has helped shape leading tech firms. They also discuss the UK's place as a fintech hub, and the potential slowdown of VC investment in fintech later this year. He also takes us through the week's tech news -- Klarna will now be focusing on profits over growth, and the ECB has warned against a continued crypto sell-off frenzy. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Victoria Scholar, Head of Investment at Interactive Investor. They go through Rishi Sunak's unveiling of a windfall tax today, the Fed's plans to hike rates by 50 basis points in June and July, Elon Musk's painfully slow acquisition of Twitter, and JD Sports founder and CEO Peter Cowgill's shock departure from the firm. And in other business news: Ted Baker appears to be edging closer to a private equity takeover, transport group FirstGroup is considering a £1.2bn takeover bid from I Squared, and Nadine Dorries has launched a charter review of the BBC. See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to Deirdre Michie, CEO at Offshore Energies UK. They unpick the windfall tax, the risk it poses for smaller energy firms and the sector in general, the state of the energy industry, and the seemingly lackadaisical speed of the energy transition. In other news: M&S is leaving its Russian franchise business, average petrol prices have exceeded £1.70 per litre, and members of the RMT union have voted in favour of a nationwide strike. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Adam Tyndall, Programme Director for Connectivity at London First. They talk all things Crossrail -- from the first idea of an East-West railway in the 19th century, to the funding behind the Elizabeth Line, and to the future of London's transport system. And in other news -- Shell's AGM was disrupted by climate activists earlier today, and Kwasi Kwarteng has stated that hitting electricity suppliers with a windfall tax would be a "challenging proposition". See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to City A.M. reporter Stefan Boscia. They go through the Labour victory in the Australian election, and, back in the UK, unpick the Tory party split over a proposed windfall tax on energy companies. In the economic and business news: BoE Governor Andrew Bailey has denied that the Bank's actions during the pandemic led to inflation's current 40-year high, property giant Grosvenor property has returned to a profit, and facial recognition firm Clearview AI has been fined £7.5m. See omnystudio.com/listener for privacy information.

This week Nasson talks to City A.M. reporter Charlie Conchie. Charlie goes through crypto's tentative steps to recovery, unpicks London-based Thought Machine and Modulr's latest funding rounds, and explains Klarna's lowered $30bn valuation and discusses whether this is a cause for concern for private markets. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to City A.M. reporters Jack Barnett and Nicholas Earl. Jack unpicks the continuing stock market sell-off, one of the worst in recent memory; and Nicholas takes us through the rift in the Conservative party over the potential implementation of a windfall tax on energy companies, and assesses the viability of the tax itself. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Professor Seán Meehan from the IMD School of Management. They discuss the importance of customer centricity, and go through how companies can integrate consumer-first practices. Listen to his IMD Management podcast here. Andy also talks to City A.M.'s Economics and Markets reporter Jack Barnett. They unpick inflation's 9% high, determine how the Bank of England will get a hold on inflation, and outline what Rishi Sunak could do to alleviate pressure on households facing rising costs. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Michael Hewson, Chief Market Analyst at CMC Markets. They unpick the latest wage and labour figures, analyse Bank of England governor Andrew Bailey's comments at the Treasury select committee yesterday, go through inflation predictions for 2022, and discuss why current consumer spending growth in the US and UK will be problematic in the long run. Andy also takes us through the headlines: Vodafone revenue in Germany has increased by 1.1%, and UBS has warned potential crypto investors that this is not the time to invest. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to City A.M. reporter Sascha O'Sullivan, who unpicks Sadiq Khan's efforts in America to promote London as a global hub for investment, and goes through the mounting pressure that Rishi Sunak is facing as the cost of living crisis worsens. And in the news: shares in Greggs and MADE.com have dipped, and proposed revamp to the consumer price cap by Ofgem could mean a fourfold rise in energy bills this year. See omnystudio.com/listener for privacy information.

This week City A.M.'s Charlie Conchie talks to Lorne Daniel, Technology Research Analyst at financial services company finnCap. They unpick a very rough quarter for tech companies and tech stocks, and go through what's to come. Charlie also takes us through the main headlines this week -- multiple cryptocurrencies have plummeted in value, pressure is growing on the Treasury to greenlight the next stage of Buy Now Pay Later regulation, and Japanese investment giant SoftBank has announced a record $26.2bn loss. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to City A.M.'s Economics and Markets reporter Jack Barnett. They go through the gloomy economic figures released by the ONS this morning measuring the economy's performance, and explain what this will mean for rate hikes going forward. And in the news: BT has confirmed a joint sports venture with Warner Bros Discovery, MPs have called for a crackdown on dirty money, and Volkswagen has stated that it will build 800,000 electric vehicles worldwide by the end of 2022. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to City A.M. reporters Leah Montebello and Jack Barnett. Jack takes us through a prediction by the National Institute of Economic and Social Research of a technical recession at the end of the year, and talks inflation worries; and Leah discusses ITV's new streaming service, and Channel 4's partnership with YouTube. And in the news: Aviva CEO Amanda Blanc has called out sexism in the financial services sector; Superscript, a Lloyd's-licensed insurance broker, has launched a dedicated crypto product; and the Kremlin has warned that it can do without Western countries purchasing their energy resources. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Victoria Scholar, Head of Investment at Interactive Investor. They go through the rebound by European markets today after yesterday's sell-off, the US dollar's 20-year high, McColl's purchase by Morrisons, and Heathrow's strong results. Andy also talks to City A.M. reporter Charlie Conchie -- they unpick the Queen's Speech, going through energy and financial services bills. And in the news: Tesco chairman John Allan has called for a windfall tax, and Unite the Union's bid to become recognised as the official union at the FCA has been rejected. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to City A.M. reporters Nicholas Earl and Leah Montebello. They go through the G7's decision to phase out Russian oil, historically elevated gas prices, unpick Snapchat owner Snap Inc.'s plan to compete with the likes of TikTok, and break down Uber's CEO Dara Khosrowshahi's recent letter to employees. And in the news: Morrisons owner CD&R has taken over McColl's, a Bank of England rate setter has warned that inflation could rise above the BoE's predictions, and crypto exchange Bitstamp has rushed to appoint a new CEO following the resignation of now ex-CEO Julian Sawyer. See omnystudio.com/listener for privacy information.

This week City A.M. reporters Lily Russell-Jones and Charlie Conchie sit down with Conservative MP and former Health Secretary Matt Hancock. They chat about his outspoken views on crypto, regulation, and the need for accessibiity when it comes to crypto investing; go through his post-Cabinet ambitions; and unpick his decision-making at the height of the pandemic. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Jack Barnett, City A.M.'s Economics and Markets reporter. Together they go through the thinking behind the Bank of England's 25 basis point rate rise earlier today, which brought the UK's interest rate to 1%. They take a look at the Bank's forecasts, and explain why a recession is almost inevitable. And in other news -- Shell and BP have announced bumper Q1 profits, and Elon Musk has lined up investors to help with his purchase of Twitter. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to City A.M.'s Economics and Markets reporter Jack Barnett. They go through UK and US rate rises, discuss the likelihood of a recession, and explain equity market slumps. Also in the news: Crossrail is only 20 days away and sales are slowing at JD Wetherspoon. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Michael Hewson, Chief Market Analyst at CMC Markets. They pick apart the arguments for a windfall tax on BP, discuss potential rate rises from the Fed and Bank of England, and go through the impact that China's zero-Covid policy has had on manufacturing in the country. And in other news -- there's been a mixed response from investors to break up HSBC, a fat-finger error from a Citibank trader last week almost triggered a flash crash, and Europe continues to deliberate over whether to ban Russian oil and gas. See omnystudio.com/listener for privacy information.

In this week's episode, Charlie Conchie talks to Digital Minister Chris Philp. They ask whether London is still worthy of its role as a tech hub, technology and its part in addressing the cost-of-living squeeze, and free speech and online security amidst the Online Safety Bill. See omnystudio.com/listener for privacy information.

Today Andy Silvester hosts Victoria Scholar, Head of Investment at Interactive Investor. They go through Q1 results, where there's been unexpected negative GDP growth in the US, strong results for Standard Chartered, and a mixed bag for Barclays and Meta; and talk China's firm zero-Covid stance and its potential inability to backtrack. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Mélie Dunod, CEO and co-founder of holiday home co-ownership firm August. She talks us through the company's inception; why their equity purchase model allows for better and more transparent co-ownership; and the post-Covid re-examination of lifestyle purchases. And in the news: law giant Eversheds Sutherland has re-entered Russia, striking a deal with a new Russian firm; the cost of living crisis is increasing the chances of borrowers defaulting on their debts; and WHSmith has returned to profit. See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to Max Jamilly, co-founder of Hoxton Farms, a lab-grown meat start-up based in London. They go through the recent rise of plant-based alternatives, how lab-grown meat is created, and why it will supercede traditional plant-based meat; and Hoxton Farms' funding journey, their plans to scale their business, and London's vibrant start-up scene. And in the news: Britain's debt interest bill for the year to March has climbed to nearly £70bn; Starling Bank has bagged £130m worth of fresh funding to help to snap up firms in the lending space; and Amazon founder Jeff Bezos has questioned Elon Musk's acqusition of Twitter, citing concerns over Chinese interference. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Jack Barnett, City A.M.'s Economics and Markets reporter. They go through the global market dip and why China's zero-Covid lockdowns are concerning investors; bank earnings for Q1; and new ONS data showing that 9 in 10 households have recorded an uptick in their cost of living. And in the news, Tesla and SpaceX CEO Elon Musk is on the verge of taking over Twitter; and research by investment firm Charles Schwab has revealed that two thirds of UK retail investors are unconcerned if their investments are sustainable. See omnystudio.com/listener for privacy information.

In this week's episode, Lily discusses investment app Robinhood's acquisition of FCA-approved and UK-based crypto startup Ziglu. Charlie also discusses payments startup Super Payments' $30m funding boost; and online pension provider PensionBee's new listing on London's top market. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Sam Caulton, CFO of Re-Leased, a commercial property management proptech. They discuss his journey to the role; why the commercial real estate sector's been in desperate need of change, and how he effecting such change with Re-Leased; the impact of Covid on the sector; and the importance of being in a good office. And in the news, there's been disappointing results from Rio Tinto, BHP, and Antofagasta; and Elon Musk has stated that he has raised the funds to take over Twitter. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Richard Hunter, Head of Markets at Interactive Investor. They go through strong UK market performance; US indices -- Netflix woes, and the NASDAQ's near 13% dip this year; and the "easy money" economy this past decade, and how going forward young traders might be seeing lower returns on their investments for the first time. Andy also talks to City A.M.'s Opinion Editor, Sacha O'Sullivan -- they analyse Rishi Sunak's challenging past few weeks after turning the spending tap off. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Michael Hewson, Chief Markets Analyst at CMC Markets. They go through the latest IMF forecasts, which included downgrades and the worst growth forecast in the G7 for the UK; Germany's exposure to energy price fluctuations, the mounting pressure to reduce its dependency on Russian oil and gas, and Angela Merkel's legacy; and lower March consumer spending in the UK. Andy also talks to City A.M.'s Energy Correspondent, Nicholas Earl. They discuss dire warnings from energy bosses in Parliament today, who warned of a severe impact in customer bills; and news of the collapsed energy firm Bulb's CEO earning a £250,000 taxpayer-funded salary. See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to Rob Appleby, co-founder and Chief Investment Officer of the Cibus Fund, a London-based private equity platform focused on investments in sustainable food and agriculture. They go through the tech revolution in farming; why we should rethink the production of food; the impact of Russia's invasion of Ukraine on the global supply chain of food; and why we need shorter supply chains and locally-grown food. Andy also goes through the news: Tesco has widened profit guidance for the year ahead as it tries to maintain consistent food prices; pressure on the Bank of England to tackle high inflation has intensified today; and GSK has bought cancer specialist Sierra Oncology. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Victoria Scholar, Head of Investment at Interactive Investor. They go through some of the week's economics data on GDP, unemployment, retail sales, and talk trading updates. They discuss the latest from ASOS, Deliveroo, and EasyJet: ASOS is facing a raft of headwinds, as investors lose confidence in the online retailer; Deliveroo has recorded an uptick in orders compared to the same time last year; and EasyJet has been struggling to get staff in. Andy also goes through the news -- the UK's accounting watchdog has ordered an investigation into Deloitte's auditing of Go-Ahead Group; businesses have unleashed a wave of job cuts to avoid being hit by the National Insurance hike; and an Extinction Rebellion (XR) protest has caused the shutdown of Lloyd's of London's HQ. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to City A.M.'s Economics and Markets reporter Jack Barnett. They go through lacklustre UK economic growth figures and why the cost-of-living crisis will hinder said growth; the latest inflation figures; the global economic recovery; and economic uncertainty to come. Andy also goes through the news: Heathrow has marked its highest number of passengers since the start of Covid-19; and Tesla CEO Elon Musk has turned down a spot on Twitter's board. See omnystudio.com/listener for privacy information.

On this week's Tech Weekly episode, City A.M. reporters Charlie Conchie and Lily Russell-Jones chat to Alex Marsh, Head of Klarna UK. They go through the Innovate Finance fintech summit, Buy Now Pay Later regulation and the UK's financial regulation post-Brexit; measures needed to protect consumers from debt; what role services such as Klarna are playing amidst the cost of living crisis; and why Klarna is different to traditional banks and credit card providers. Nasson and Charlie also talk to Lily about the UK government's pivot to stablecoins and NFTs this week: they go through the implications of the announcement; discuss the controversies surrounding Tether, the stablecoin of the moment; and outline why Central Bank Digital Currencies (CBDCs) and stablecoins are different. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to CEO of property lender Glenhawk. They talk about Glenhawk's inception and its bridging loans solutions; the housing market as it stands right now, its resilience, and what's to be expected going forward; whether there is still the push to live outside of London; and demand for property in the capital. Andy also goes through the headlines: the UK government's new energy strategy has been criticised, some saying it isn't moving fast enough; and venture capital is booming in London, according to Innocent co-founder Richard Reed. See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to City A.M. reporter Charlie Conchie, and whistles through the main headlines you need to know. Andy and Charlie go through this week's fintech Innovate Finance summit -- they discuss the London Stock Exchange CEO's candid comments yesterday on bosses needing a pay boost; Ron Kalifa's views on the mindset shift needed by investors to be willing to back long-term growth opportunities in the UK; the Klarna CEO's perspective on the UK's approach to financial regulation post-Brexit; and the political push on crypto and NFTs. And in the headlines, the boss of crowdfunding platform Seedrs has hit out at regulators, claiming that they're stifling growth; the Bank of England is expected to hike interest rates four more times this year, the fastest pace since 1988; and two of Lidl's adverts have been banned. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to CMC Markets' Michael Hewson -- they go through the latest on PMI; the effect of inflation and price hikes on consumer confidence; the dilemma central banks face when it comes to hiking rates or not; and market resilience and rebound amidst European turmoil. Andy also takes us through the headlines: Tesla CEO Elon Musk has joined Twitter's board of directors; Julia Hoggett, CEO of the London Stock Exchange, has called for bosses' pay to be boosted in order to attract top firms; and the UK government has announced a survey into fracking. See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to City A.M. reporters Jack Barnett and Lily Russell-Jones. Jack takes us through the latest consumer confidence data from PWC, as the numbers show the sharpest rate of decline since the financial crisis in 2008, and asks whether this will translate to the job market. Lily discusses Rishi Sunak's plans to turn the UK into a global crypto hub as the Treasury signals its intent to recognise stablecoins as a valid form of currency; and briefly outlines the Royal Mint's NFT ambitions. Andy also takes us through the headlines: Ted Baker has seen its share price increase as they begin a formal sale process; and Elon Musk has purchased almost 9% of Twitter's stock. See omnystudio.com/listener for privacy information.

Today Nasson talks to Lily Russell-Jones and Charlie Conchie about this week's most important stories in crypto and fintech. Lily explains the FCA's decision to extend its deadline for crypto firms seeking regulatory approval; and Charlie goes through the latest valuations and funding rounds for rapid grocery delivery firms, and outlines whether their high-spend model is viable in the long-term. Lily's FCA deadline extension article; and Emily Hawkins and Charlie's rapid grocery bubble article. See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to City A.M. reporters Leah Montebello and Jack Barnett. Jack outlines the cost-of-living crunch that, some say, hasn't been seen since the Second World War. He goes through the economic uncertainty that awaits in April, with tax, energy, and price hikes all coming into effect. Leah boils down the Betting and Gaming Council's concerns regarding the government's White Paper review into the gambling sector, which they're worried will be too intrusive and put gamblers off from having a flutter -- potentially pushing them into the black market. See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to Chris Jackson, CEO of UK-based green hydrogen energy firm Protium. They go back to Protium's roots; discuss what green hydrogen acutally is and how the company aims to simplify the decarbonisation process for the companies it works with; and go through why hydrogen, rather than solar and wind energy, might put people at ease with qualms about a regular supply of fuel. Andy also goes through the news: private equity firm Apollo has dropped its takeover pursuit of publisher Pearson, and Germany has triggered emergency plans to manage gas supplies. See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to Interactive Investor's Victoria Scholar. They go through Barclays' rough start to the week after an unknown investor sold over £900m worth of shares in the bank following its $15bn securities blunder; Waitrose's legal row with ASDA, and consumers turning to discount retailers amid the cost-of-living crisis; and Tesla's stock split. Andy also goes through the headlines -- consumer credit borrowing is at its fastest annual pace in two years, and P&O Ferries have stated that they can't rehire the 800 workers they fired without risking "financial collapse". See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to City A.M. reporters Elena Siniscalco and Jack Barnett. Jack discusses Andrew Bailey's comments warning of the current energy shock being worse than that of the 1970s, and goes through Rishi Sunak's somewhat incongruous remarks today at a Treasury Select Committee. Elena outlines the myriad of problems affecting farmers, supply chains, and food production, as war and uncertainty cause widespread shortages and demonstrate the fragility of our interconnectedness. Andy also whistles through the news: Barclays will lose £450m after selling more products to investors than it was permitted to, and Natwest has now fallen back to majority private ownership after the UK government bailed it out during the financial crisis. See omnystudio.com/listener for privacy information.

On this episode of Tech Weekly, Nasson, Lily, and Charlie go through the latest in the worlds of crypto and fintech. Lily chats to Blair Halliday, Head of UK crypto exchange Gemini -- they go through why crypto exchanges will be at risk if they don't register in time to get an all-important FCA regulatory approval. And later Charlie talks to Nasson about Apple's under-the-radar purchase of Credit Kudos, a UK open banking fintech, which could signal the introduction of the Apple Card in the UK.   See omnystudio.com/listener for privacy information.

Today Andy Silvester chats to Economics and Markets reporter Jack Barnett -- they look back on yesterday's Spring Statement; go through dire IFS figures; and discuss lack of growth in the UK economy. Andy also takes us through the business news: P&O are in even more hot water; and the CEO of convenience store operator McColl's has stepped down. Following this, and on a brighter note, Andy chats to Kirsteen Campbell, The Macallan distillery's Master Whisky maker. They discuss what it takes to be a Master Whisky Maker; how whisky quality is meticulously maintained; The Macallan's 81-year-old whisky, The Reach; and Kirsteen gives her whisky of choice for the summer weather. See omnystudio.com/listener for privacy information.

Today Andy Silvester talks to Anil Soni, CEO of the WHO Foundation. They discuss the efforts being made by the foundation with regards to the Ukraine crisis and vaccine equity; how the foundation raises funds; why the interconnectivity of the world means that these funds matter now more than ever; and why everybody wins, even businesses, when they donate. WHO Health Emergency Appeal for Ukraine & Go Give One Andy also talks to City A.M. reporters Sascha O'Sullivan and Jack Barnett about the Chancellor's Spring Statement today. They outline what will change; Rishi Sunak's tricky balancing act and the Spring Statement's politicisation; and the impact on businesses and individuals. See omnystudio.com/listener for privacy information.

Today Charlie Conchie hosts The City View, talking to Hargreaves Lansdown's Susannah Streeter and CMC Markets' Michael Hewson. They discuss the Chancellor's Spring Statement amidst this morning's lacklustre public sector borrowing figures; Federal Reserve Chair Jerome Powell's hawkish remarks on inflation; and oil prices, their link to inflation, and their considerable fluctuation this week. Charlie also whistles through the headlines: Natwest is set to launch a Buy Now Pay Later product for customers later this year; and P&O's 800 laid-off employees have reportedly been asked to sign non-disclosure agreements. See omnystudio.com/listener for privacy information.

Today Charlie Conchie takes the reigns of The City View, talking to City A.M. reporters Jack Barnett, Nicholas Earl and Leah Montebello. They discuss warnings of an inflation increase; why oil has rebounded above $100; and the chief of the Betting and Gaming Council warning Rishi Sunak against making bold regulation moves in the Chancellor's upcoming gambling review. Charlie also goes through the headlines, taking us through the latest with the P&O Ferries scandal; news of house prices surging; and reports of telecoms giant Ericsson's conduct in Iraq. See omnystudio.com/listener for privacy information.

In this week's episode Nasson, Charlie, and Lily take a look at some of the biggest stories in tech, crypto, fintech and beyond! Charlie chats to Iain McDougall, CCO of Open Banking firm Yapily, about open banking's 'TfL moment', and why increasing integration is crucial. Later in the episode Charlie chats to Nasson about the launch of the International Fintech Group, and how it will promote the UK as a global fintech hub. Lily also takes us through HSBC's latest move into the metaverse, why it's significant, and why this might be a tough transition for those who are less technologically-savvy. See omnystudio.com/listener for privacy information.

Today Andy Silvester returns to host The City View -- he chats to City A.M.'s Economics and Markets reporter Jack Barnett about the Fed and Bank of England's rate hikes, and the Monetary Policy Committee statement that further tightening of monetary policy may be needed in the next few months. Andy also takes us through the headlines: P&O Ferries have controversially axed 800 members of staff via video conference; Deliveroo has reported losses of £131m in 2021; and Ocado shoppers are spending less than last year. See omnystudio.com/listener for privacy information.

Today City A.M.'s Charlie Conchie takes the reigns of The City View podcast, chatting to Economics and Markets reporter Jack Barnett. They discuss markets being up; the Fed and the Bank of England's probable rate hikes; commodity prices settling; and the London Metal Exchange, which suspended nickel trading today. Charlie also goes through the headlines: FeverTree and the owner of Frankie and Benny's and Wagamama have warned of major cost increases; HSBC has made its first foray into the metaverse; and the UK is set to ban the export of luxury goods to Russia. See omnystudio.com/listener for privacy information.