Government commit £1.5m to cricket domes, including in Luton August 25, 2025 The Government has committed £1.5m in funding towards the construction of two indoor cricket facilities ahead of the 2026 Women’s T20 World Cup. The cash injection will see Luton and Lancashire get domes to ensure cricket can be played year-round. DCMS secretary Lisa Nandy said: “Cricket has a remarkable power to inspire and unite communities [...]
Trump’s tariff salvo blindsides UK manufacturers August 24, 2025 Donald Trump has blindsided UK manufacturers by slapping fresh tariffs of up to 25 per cent on more than 400 categories of British goods, from shampoo and children’s highchairs to motorcycles and diggers. Conservative shadow trade secretary Andrew Griffith accused ministers of failing to protect exporters, saying: “When it comes to protecting UK businesses from [...]
New Look owners line up Rothschild as high street chain prepares for possible sale August 24, 2025 The owners of New Look have appointed Rothschild to oversee a strategic review that could see the high street fashion chain change hands next year. Alcentra and Brait, which have controlled the retailer since 2020, tapped the investment bank after receiving unsolicited approaches from potential buyers, Sky News reported. No timeline has been set for [...]
JD Sports shareholders hoping for progress amid US consumer weakness August 24, 2025 JD Sports investors will be hopeful the retailer can show signs of progress next week after sales came under pressure at the start of the year. The impact of US tariffs and its overall performance in the US will be particularly in focus when it provides a half-year trading update on Wednesday 27 August. Shares [...]
Entain: US Open set to be most bet-on grand slam ever August 24, 2025 Betting on tennis is soaring with the US Open at Flushing Meadows set to be the most bet-on grand slam in history. Ladbrokes, Coral and BetMGM owner Entain is forecasting the coming major, which begins in New York later today, to smash betting records across tennis. The racket sport has climbed into the top two [...]
Bar boss quits Labour’s hospitality group after tax concerns August 23, 2025 A top boss of a British bar chain has quit a government hospitality taskforce after facing pressure over his criticism of Rachel Reeves’ tax agenda. Alex Reilley, the chairman of Loungers, has exited the Hospitality Sector Council (HSC) after receiving backlash from civil servants for publicly criticising Labour’s economic policies, The Telegraph reported. “I was [...]
JD Sports to provide update after tariff sales crunch August 23, 2025 JD Sports investors will be hopeful the retailer can show signs of progress next week after sales came under pressure at the start of the year. The impact of US tariffs and its overall performance in the US will be particularly in focus when it provides a half-year trading update on Wednesday August 27. Shares [...]
Coca-Cola considers grounds for sale of Costa August 23, 2025 Soft drinks giant Coca-Cola has called in bankers for exploratory talks regarding a sale of coffee chain Costa. The Coca-Cola company, which acquired Costa over six years ago, has held talks with a number of potential bidders including private equity firms, according to Sky News. Investment bank Lazard is working with the firm to explore [...]
Inaugural charity Fairmont Golf Open to tee off at Fairmont St Andrews August 23, 2025 Fairmont St Andrews will this September tee off on the inaugural Fairmont Golf Open in aid of eradicating motor neuron disease. The three-day event will see participating golfers descend on the iconic Torrance and Kittocks courses between 12 and 14 September in support of the My Name’5 Doddie Foundation, a charity hoping to cure MND [...]
Inside Elon Musk and Sam Altman’s high-stakes feud August 22, 2025 The long-simmering rivalry between tech titans Elon Musk and Sam Altman has erupted into a full-blown public and legal battle, revealing a high-stakes struggle for the future of artificial intelligence. What began as a partnership to build and scale AI has devolved into a bitter feud marked by lawsuits, public taunts, and a brazen takeover [...]