Shares in B&Q owner Kingfisher unexpectedly spike after sales boost September 23, 2025 Kingfisher, the parent company of B&Q and Screwfix, saw its share price rise more than 17 per cent on Tuesday morning after posting a better-than-expected sales update. The FTSE 100 firm told markets that sales improved 0.9 per cent in the six months ended 31 July, 2025, to £6.8bn, driven by a 4.4 per cent [...]
THG shares upgraded amid FTSE 250 return September 23, 2025 Shares in THG plc have been upgraded by JP Morgan after surging in value in recent weeks. The Manchester-headquartered group has seen its share price rise from 27p on 8 September to 38p today thanks to positive half-year results. The recent increase in THG’s value means the group, which includes the likes of Myprotein and [...]
OpenTable launches AI concierge, but do we really need a bot to book dinner? September 23, 2025 OpenTable has launched Concierge, its new generative AI assistant, or ‘agent,’ designed to give diners instant insights across more than 60,000 restaurants worldwide. From menu details and dietary options to opening hours, the assistant aims to streamline the often frustrating process of restaurant research. But in an era of sweeping automation, is AI really the solution [...]
Transfer guru and Emery ally Monchi set to leave Aston Villa September 23, 2025 Aston Villa transfer guru Monchi looks set to pay for the club’s dismal start to the season by leaving the club after little more than two years. The Spaniard, a close ally of current Villa boss Unai Emery from their time at Sevilla, is widely reported to be departing amid a troubled period for the [...]
JLR extends cyber attack shutdown to October September 23, 2025 Jaguar Land Rover (JLR) has extended its production shutdown until at least 1 October, after the cyber attack that crippled its IT systems left the UK’s biggest automaker unable to restart operations. The pause, which started on 31 August, has already cost the car behemoth hundreds of millions of pounds in lost output, and threatens [...]
UK economy stalls with 50,000 job losses ahead of Autumn Budget September 23, 2025 The UK economy was hit by a “litany of worrying news” in the three months to September with thousands of jobs lost ahead of Rachel Reeves’ second Autumn Budget. The latest ‘flash’ PMI from S&P Global showed business activity expectations for the year ahead slumped to a three-month low in September as firms braced for [...]
Fabergé lost millions before takeover deal September 23, 2025 Fabergé, the jeweller famous for its imperial Russian Easter eggs, fell into the red in the year before being sold to a technology investor for $50m (£37m) last month. The company is set to be taken over by SMG Capital, a US investment company controlled by the tech backer Sergei Mosunov. Fabergé is currently owned [...]
Elizabeth Line operator doubles profit before contract loss September 23, 2025 Profit at the first company to operate the Elizabeth Line in London more than doubled in the year before it lost the contract, it has been revealed. The division of MTR Corporation is part of the wider majority government-owned public transport operator and property developer in Hong Kong and had run the line since it first opened. However, the [...]
Why Guenther Steiner bought a MotoGP team after F1 exit September 23, 2025 Richard Coleman and Guenther Steiner appear to cut very different characters. Both former four-wheel racing bigwigs, Coleman was mainly in touring cars while Steiner’s cameo as Haas F1’s founding team principal saw him become a star of Netflix’s Drive to Survive. Now the pair have teamed up with Ikon Capital to acquire the Tech3 MotoGP [...]
Rachel Reeves told to cut national insurance and raise income tax to gain £6bn September 23, 2025 Chancellor Rachel Reeves has been told to cut national insurance for workers by two per cent and raise income tax by the same amount, with economists at a left-leaning think tank claiming a £6bn gain in revenue could be made. The Resolution Foundation, once the workplace of Treasury ministers Torsten Bell and Dan Tomlinson, has [...]