Snoop Dogg joins Luka Modric as co-owner of Swansea City July 18, 2025 Drop It Like It’s Hot rapper Snoop Dogg has joined Luka Modric as a co-owner of Championship club Swansea. The Welsh club announced Croatian footballer Modric as a part-owner of Swansea City earlier this year and have added Snoop as a co-owner and investor. Snoop Dogg’s sporting associations of late have included the Fifa video [...]
Old Pulteney unveils its oldest-ever whisky July 18, 2025 Old Pulteney has revealed Polaris, a one-of-a-kind 47-year-old single malt whisky, ahead of the distillery’s bicentennial in 2026. The whisky will be exclusively available through the Distillers One of One Charity Auction in October 2025. Polaris stands as the oldest expression ever released by the coastal distillery based in Wick, Scotland. It has been matured [...]
Can British and Irish Lions tour save rugby in Australia? July 18, 2025 It is a crying shame to see rugby union drop so far behind Aussie Rules, the NRL and football Down Under, even as the British and Irish Lions get set to take on the Wallabies in the first of three Tests this weekend. But I am not surprised, given the state of Australian rugby at [...]
Reckitt sells majority stake in Air Wick and Cillit Bang arm July 18, 2025 Reckitt Benckiser has agreed to sell its Essential Home business to private equity investor Advent International for $4.8bn (£3.6bn). Essential Home includes the brands Air Wick, Calgon, Woolite and Cillit Bang. The FTSE 100 giant, which will retain a 30 per cent equity stake in the business, has been reshaping its business to focus on “11 high-growth, high-margin [...]
Burberry: Early signs of turnaround take shape July 18, 2025 Burberry reported a smaller-than-expected dip in sales this morning as new chief executive Joshua Schulman’s early efforts to revive the luxury label begin to take hold. In a trading update for the 13 weeks to 28 June, the British fashion house said retail revenue fell six per cent to £433m, with comparable store sales down [...]
UK’s mid-sized firms at fastest growth since Labour elected July 18, 2025 Middle-market businesses are growing at their fastest rate since Labour was elected last July, fresh research has suggested, as UK bosses shake off cost increases in taxes and utility bills. Labour has made economic growth a central mission in government, with small and medium-sized firms highlighted as key to driving national income. Fresh research by [...]
Regulators ‘appear unable’ to stop water firms acting unlawfully, MPs warn July 18, 2025 A group of influential MPs have called for a “low risk, low return” water sector and urged the government to strengthen regulatory powers amid scrutiny over excessive dividends and murky company structures. In a wide-reaching report, the Public Accounts Committee (PAC) warned that the “financial fragility” of a few large utilities had caused investors to [...]
Tiktok gives retailers a headache with boom in returns culture July 18, 2025 Retailers are facing a conundrum. Their customers are searching for and buying clothes via Tiktok and Instagram, but those same social media customers are increasingly less likely to keep the clothes they buy. A surge in the number of clothes sent back to retailers has caused issues with both costs and with environmental goals, but [...]
Buy now pay later firms to face tougher rules from next July July 18, 2025 Buy now pay later providers Klarna and Afterpay are set to face tougher rules by the Financial Conduct Authority (FCA) next year after much to-ing and fro-ing between fast-growing firms and regulators. The FCA has revealed new rules will kick in on 15 July next year. Buy now pay later entrepreneurs and other consumer groups [...]
AI giants ‘fundamentally unprepared’ for dangers of human level intelligence July 17, 2025 The world’s leading artificial intelligence (AI) companies are hurtling toward the creation of human-level AI – but without a credible safety net. Top AI developers of being “fundamentally unprepared” for the consequences of the very systems they are racing to build, warned the Future of Life Institute (FLI). In a recent report, the US-based AI [...]