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      Reeves to put brakes on Cycle to Work scheme in blow to City

      Heading to the London Marathon next weekend? Brompton is offering spectators free bike hire so you can see the action from every point of the city.

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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1796 Search results for Asda

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  • Christmas adverts in 2025 review, from John Lewis to AI Coca-Cola

    As the embers of bonfire night slowly cool in the rain, our minds are turned to Christmas in its full commercial glory. It’s funny how at this time of year people start to look at ads – the same people that have been actively avoiding them all year! Christmas adverts have become a necessary backdrop [...]

    Coca-Cola bottle being held by a sloth in a rainforest setting, highlighting unique marketing campaign for sustainability ...
  • Asda: KKR and TDR commit £23m to credit card firm Jaja after warning

    Business

    The private equity backers of Jaja Finance have contributed another £23m in equity funding after the Asda credit card firm warned on its ability to continue as a going concern, City AM can reveal. A group of existing shareholders participated in the funding in October, Jaja said, and have also vowed to commit a further [...]

    ASDA storefront exterior showcasing the latest promotions and branding in a bustling retail environment
  • Investors pile into Sainsbury’s, but will it last?

    Retail

    Sainsbury’s has proved a good bet for investors this year as the grocer goes from strength to strength, but will it last into 2026? The UK’s second-largest supermarket has seen a 50 per cent uplift in share price since April, with another five per cent jump following better-than-expected results on Thursday. It’s a marked departure [...]

    Sainsbury’s Cobham. Credit: David Parry/PA Media Assignments.
  • Hyperlayer lands £30m to help legacy lenders take on fintechs

    October 15, 2025

    London-based fintech Hyperlayer has secured £30m in fresh funding to support its mission to help established banks compete with digital first rivals. The firm’s tech is designed to work alongside existing banking infrastructure, which it says allows the legacy businesses to launch new products without complexity. Ex-Morgan Stanley International chief Rob Rooney, who found Hyperlayer [...]

  • Meat and coffee prices drive grocery price inflation

    October 14, 2025

    Grocery price inflation in the UK passed five per cent in September to its highest level since July after the cost of fresh meat and coffee jumped. Like-for-like grocery price inflation rose to 5.2 per cent over the four weeks to 5 October versus the same period last year, according to the latest figures from Worldpanel [...]

  • FTSE 100 Live: House prices fall; Shell eyes earnings boost; B&M takes hit

    October 7, 2025

    Good morning from the City AM liveblog team. Last week, PM Keir Starmer appeared to leave Labour conference on a high — seeing off threats to his leadership and resetting relations with members. But back in London, things are not quite as rosy. As we report today, UK dealmakers’ faith in the economy has slumped [...]

  • Asda credit card firm Jaja Finance warns of ‘material uncertainty’ over going concern status

    October 7, 2025

    The firm behind the Asda credit card has warned of “material uncertainty” over its ability to continue as a going concern after reporting widening losses, City AM can reveal. Jaja Finance, a fintech co-owned by billionaire Mohsin Issa and private equity firm TDR Capital, said it had “substantially advanced” but not yet completed a new [...]

  • Profit spikes at Asda billionaire’s property empire

    September 29, 2025

    Profit at the property empire co-founded by a billionaire backer of supermarket giant Asda spiked to a new record in 2024, it has been revealed. Monte Blackburn was set up by brothers Mohsin and Zuber Issa in 2016 and has a number of property interests across the North West of England. The billionaire brothers, who [...]

  • Pizza Express slices value by over £40m as sales slide

    September 25, 2025

    Pizza Express slashed its value by more than £40m in 2024, it has been revealed, as its sales also dipped. The restaurant chain’s pre-tax losses went from £7.9m to £40.7m while new accounts filed with Companies House also show its revenue slipped from £454.5m to £442.1m over the same period. In the UK and Ireland, [...]

  • Losses almost tripled at Sale Sharks owner’s £1bn empire before takeover

    September 18, 2025

    Losses at the empire built up by Simon Orange, the self-made millionaire who co-owns rugby union side Sale Sharks, almost tripled in the year before being taken over. Cheshire-based CorpAcq counts more than 40 businesses as part of its portfolio including the likes of Cotton Traders but does not include the Prem Rugby club. The [...]

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