Business As Usual | City AM

Youth unemployment to cost the UK billions, Ferrari's share price in bottom gear, plus: the one business hoping for bad weather


Published: 28 May 2026 at 06:00 Europe/London

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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 adapt to the electric era. 

Plus: we have the regular Thursday night drinks weather forecast, and we bring you the one company hoping for worse weather. 

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