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Business

  • Oyster Shed: Jeremy Clarkson’s Hawkstone helps pub chain Young’s to biggest day of takings in 200 years

    May 22, 2026

    One of the Square Mile’s best-known watering holes has marked the biggest single day of takings of any venue owned by pub chain Young’s since it was founded nearly 200 years ago, City AM can reveal. And the Oyster Shed had a helping hand from one of the best-known names in UK television: Jeremy Clarkson, [...]

  • SpaceX IPO prospectus is notably vague on Musk’s long-term ambitions

    May 22, 2026

    SpaceX's IPO prospectus is 377 pages long, yet vague around Musk's long-term ambitions for space tourism, asteroid mining and real estate.

  • Southampton ‘Spygate’ expulsion ‘severe’, admits commission member

    May 22, 2026

    One of the members of the independent panel that kicked Southampton out of the Championship play-off final for spying says the punishment was “severe” but “necessary”. The unprecedented decision was upheld by the panel on Wednesday following a fast-tracked disciplinary process triggered when Middlesbrough spotted a Southampton staff member filming their training session ahead of [...]

  • Businesses brace for more layoffs as redundancy warnings climb to post-Pandemic high

    May 22, 2026

    Last year emerged as the most severe year for redundancy warnings since the height of the Covid pandemic, and early 2026 is already accelerating that trend. According to new data from the Liquidation Centre, sourced via an FOI, 2025 was the most severe year for redundancy warnings since 2020, with 315,605 jobs flagged for potential [...]

  • Accountants ‘still in high demand’ despite AI impacting sector

    May 22, 2026

    Accountants in the UK are still in high demand despite the impact of AI on the sector, according to new research from the Institute of Chartered Accountants (ICAEW).  The body, which regulates and supervises around 12,000 accountancy and audit firms in the country, said that accountants “are still in high demand” even as AI reshapes [...]

  • Estée Lauder and Charlotte Tilbury owner walk away from merger talks

    May 22, 2026

    Cosmetics giant Estée Lauder has abandoned talks with the Spanish owner of Charlotte Tilbury over a merger which would have created a $40bn fashion powerhouse. Talks between the US cosmetics giant and Spanish beauty giant Puig ended on Thursday despite hopes that the merger could have helped both brands to compete with rival L’Oreal. Estée [...]

  • Carbon-cutting shipping executive wins Veuve Cliquot’s Bold Future award

    May 22, 2026

    Sustainable shipping boss, Alisha Fredriksson, shared that she hasn’t been without challenges when it comes to earning support in a ‘male dominated industry.’ Despite launching a one of a kind, innovative business that garnered over £8m in funding and grants, she hasn’t been without challenges when it comes to earning support in the world of [...]

  • Lawyers for alleged Prince Andrew trafficking victim now in contact with Police

    May 22, 2026

    The Police confirmed that they are “engaging” with the lawyers of a woman who claims she was trafficked for sex at Andrew Mountbatten-Windsor’s address in Windsor. In its first update on Friday, Thames Valley Police emphasised that if she wishes to report her allegations, they will be “taken seriously and handled with care, sensitivity and [...]

  • Morrisons blames Labour for closure of 100 lossmaking stores

    May 22, 2026

    Morrisons has taken aim at Labour policy for “significant cost increases” as it announced the closure of 100 lossmaking stores.  The supermarket chain said on Thursday that it will close the 100 unprofitable Morrisons Daily convenience stores, in a move which could affect hundreds of jobs. Morrisons has faced steep debt costs following its £7bn [...]

  • Cowes Week announces Horner-linked North Sails as title sponsor

    May 22, 2026

    The Cowes Week sailing regatta has this morning announced the Christian Horner-linked North Sails as title partner. The Isle of Wight racing week, taking place in August, will now be sponsored by the sailmaker backed by Oakley Capital, which this week appointed former Red Bull Racing team principal as an advisor.  Cowes Week is the [...]

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