Business As Usual | City AM
Wise faces €500m fraud probe, Reeves targets 'nice pubs' with extra tax, and tube strikers object to FOUR day week
Published: 2 June 2026 at 06:00 Europe/London
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Episode notes
The London fintech Wise has seen its shares plummet as it was revealed the fintech faces an investigation over allegations its accounts have been used for criminal activity.
Meanwhile the treasury want to impose even further costs on the struggling hospitality sector, as they bring in new criteria to assess how much pubs will pay in business rates.
Plus: tube workers are set to go on strike AGAIN this week, as they reject a four day working week, spelling a difficult summer for London's pubs and bars.
