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Business

  • ‘We’ll keep acquiring’: Young’s sets sights on buying up dozens more London pubs

    May 21, 2026

    One of London’s biggest pub chains has said it wants to buy up dozens more pubs after cheering the success of recent takeovers. Young’s, which currently operates around 280 pubs across the country, has set a medium-term target of expanding its estate to 350 pubs. The group has been on a major acquisition spree over [...]

  • Former Red Bull boss Horner lands job at private equity fund targeting sport

    May 21, 2026

    Former Red Bull Racing team principal Christian Horner has become an advisor to private equity firm Oakley Capital on premium sport investments. The Brit left Red Bull last year after 20 years at the Formula 1 team and has been exploring a return to the sport through ownership. He reportedly teamed up with MSP Sports [...]

  • Southampton sponsors could sue over £170m Spygate verdict

    May 21, 2026

    Southampton could face legal action from sponsors for reputational damage after they were kicked out of the Championship play-off final over “Spygate”, lawyers have warned. An arbitration panel dismissed Southampton’s appeal against their expulsion from the £170m Wembley showdown after the club admitted multiple counts of spying on opponents. Leading sports lawyers believe the Saints [...]

  • SpaceX IPO puts Musk’s AI empire – and ambitions – in the spotlight

    May 21, 2026

    SpaceX has finally opened its books to public markets, revealing a company generating tens of billions in revenue, burning through cash at an extraordinary speed and betting its future on AI as much as rockets. The long-awaited Nasdaq float, expected next month, could value Elon Musk’s space and AI empire at as much as $1.75 [...]

  • Starling’s profit slides as falling interest rates bite

    May 21, 2026

    Starling’s profit took a dip in the latest financial year as the lower interest rate environment took a chunk out of the digital bank’s bottom line. The UK fintech notched a £217m pre-tax profit, down three per cent from the £223m secured in the prior year. This came as revenue slipped 5.6 per cent to [...]

  • Tate & Lyle admits ‘disappointing year’ as US buyer circles

    May 21, 2026

    Tate & Lyle has seen profit and revenue slip in what the ingredients firm described as a “disappointing year” marked by muted demand, as a US buyer circles. The FTSE 250 company saw revenue slip by three per cent to £2bn as profit before tax fell by 10 per cent to £238m in the year [...]

  • Losses balloon at Easyjet despite seeing ‘no disruption’ to jet fuel supplies

    May 21, 2026

    Easyjet has played down fears that a jet fuel crisis caused by the Middle East will rip through its low-cost model, saying it has kept price rises to a minimum despite losses at the carrier ballooning to more than half a billion pounds. The London-listed carrier told investors it was “not seeing any disruption” to [...]

  • Nationwide income soars on consumer lending boost

    May 21, 2026

    Nationwide booked a hefty jump in its annual income as the building society benefited from a boost in consumer lending and clawed out a bigger market share of mortgage balances. The mutual recorded a 22 per cent jump in total income to £6.4bn, which was up from £5.2bn in the previous year, led by a [...]

  • BT overhauls dividend policy as it vows ‘enhanced distributions’ for shareholders

    May 21, 2026

    BT has refreshed its dividend policy as the telco giant vowed to deliver “enhanced distributions” for shareholders. The FTSE 100 member declared a final dividend of 5.87p, increasing its full-year dividend by 2 per cent to 8.32p. BT said its new policy would be to “grow the dividend by low to mid single digit percent [...]

  • Enhanced Games isn’t sport but a product placement exercise

    May 21, 2026

    The Killers are an odd choice of band to wrap this weekend’s Enhanced Games. I’ve no idea about lead singer Brandon Flowers’ attitude to the permissibility of performance enhancing drugs in sport, but the name of his beat combo jars with an enterprise testing scientific and medical boundaries. It won’t be spinach that the 50 [...]

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