Formula 1 signs first ever official betting operator in multi-year deal March 5, 2026 Betway has announced a deal with Formula 1 in a move that will see the motorsport agree its first ever betting operator sponsorship. The move, which is not a global sponsor, spans Europe, the Middle East and Africa, as well as Canada and Mexico and sees Formula 1 enter the betting market. Betway platforms will [...]
Defence boosts Serco amid asylum hotel decline March 5, 2026 Government defence contracts helped Serco deliver a higher profit in 2025 despite a drop in the use of migrant hotels, once a key revenue stream for the London-listed company. Serco, an outsourcing company that covers government work on everything from migrant hotels to waste collection, was boosted by higher state expenditure both in the UK [...]
Littler and Humphries set for Silverstone showdown at F1 British Grand Prix March 5, 2026 Luke Littler and Luke Humphries will compete at the British Grand Prix this year, with Silverstone today set to confirm a darts tournament as part of the Formula 1 weekend. World champion Littler, as well as Humphries, Michael van Gerwen and Fallon Sherrock, will throw at Silverstone’s trackside Boxpark in “A Night at the Darts” [...]
Aviva’s profits surge following Direct Line acquisition March 5, 2026 Aviva’s acquisition of Direct Line in 2025 contributed £174m to operating profit for the FTSE 100 giant, as the group’s overall operating profit increased by 25 per cent to £2.2bn. The group informed shareholders that it achieved its 2026 financial targets one year early, specifically reaching its £2bn operating profit and £1.8bn Solvency II own [...]
South East Water in spat with watchdog after £22m fine March 5, 2026 South East Water has entered a heated spat with the water regulator after it was hit with a £22m fine. The water firm’s fine covers multiple supply interruptions in Kent and Sussex between the period of 2020 and 2023, effecting more than 286,000 people. Ofwat said its investigations into the water firm found it had [...]
Estate agency Foxtons says ‘government-driven’ costs harming bottom line March 5, 2026 Leading estate agency Foxtons has hit out at the “strain” caused by national insurance and minimum wage hikes as it contends with a “challenging” market. The firm said “government-driven” pressures are harming its bottom line, as revenue growth was “offset” by increased external costs. The Labour government is facing increasing pressure from business to address [...]
Double-digit profits at Admiral as dividends rise for shareholders March 5, 2026 FTSE 100 listed insurer Admiral reported double-digit profit growth over the last financial year, as the group pivots itself toward high-tech commercial insurance. The group profit before tax rose 16 per cent to £958m – up from £827m in 2024 – as its UK motor division surpassed the £1bn profit mark. Its other UK personal [...]
Entain losses deepen as Budget gambling tax bites March 5, 2026 Britain’s new gambling tax regime has delivered an early sting for Entain, pushing the Ladbrokes owner to a wider annual loss even as its core betting business continued to grow. The FTSE-listed bookmaker said it swung to a loss of £681m for 2025, compared with £461m a year earlier, after booking a £488m impairment linked to [...]
Reckitt: Durex condom maker strips back costs as profit inches up March 5, 2026 Consumer goods giant Reckitt posted a bump to revenue in the last financial year as its cost overhaul strategy to focus on specific divisions ramped up. The blue-chip firm – which owns a massive portfolio of brands including Dettol, Durex, Lysol, Finish, Vanish, and Gaviscon – recorded a 5.2 per cent increase in revenue, driven [...]
Primark appoints Eoin Tonge as chief executive March 5, 2026 Fast fashion juggernaut Primark has appointed a new chief executive, as the company looks to tighten its product offerings and bolster marketing firepower. Primark owner Associated British Foods (ABF) appointed Eoin Tonge permanent chief executive on Thursday, cementing him in the top job following his tenure as interim chief. Tonge has served as a director [...]