Manchester United record sixth consecutive loss despite cuts September 17, 2025 Manchester United have reported a loss for the sixth consecutive year although their financial performance did improve in 2024-25 thanks to record revenue of £666.5m. United made a net loss of £33m, taking the club’s total losses to £391m since 2019-20, although that was markedly down on the previous year’s £131m deficit. Revenue grew by [...]
Exclusive: Nvidia boss tells China ‘We won’t operate where we’re not wanted’ September 17, 2025 Nvidia chief executive Jensen Huang said he was “disappointed” with China’s internet regulator banning the country’s largest tech firms from buying Nvidia’s AI chips. The quasi-celebrity, leather jacket-wearing billionaire told City AM: “We could only be in service of a market if the country wants us to”. His response follows the Cyberspace Administration of China [...]
Ben & Jerry’s co-founder quits after being ‘silenced’ by Unilever September 17, 2025 Ben & Jerry’s co-founder Jerry Greenfield has quit the company on social activism grounds as he claims the ice cream brand has been ‘silenced’ by its parent firm. In a statement co-founder Ben Cohen shared on X, Greenfield said he was “profoundly disappointed” to “come to the conclusion that [the brand’s] independence, the very basis [...]
EU chief von der Leyen hit with defamation lawsuit by MEP September 17, 2025 The European Commission President, Ursula von der Leyen, has been hit with legal action by an MEP for alleged defamation in comments she made at the European Parliament. Romanian MEP Gheorghe Piperea, from the right-wing European Conservatives and Reformists (ECR), has filed a claim at the EU Court of Justice. According to his statement, as [...]
Grenade: Profit at protein bars brand wiped out September 17, 2025 Protein bars brand Grenade has slumped into the red after its sales were slashed and it diverted funds into investment projects. The business, which is owned by Mondelēz International, has reported a pre-tax loss of £237,763 for 2024 after having made a profit of £12.1m in the prior 12 months. New accounts filed with Companies [...]
Lord Alan Sugar sells part of empire to media giant Bauer September 17, 2025 Lord Alan Sugar has sold a part of his business empire to one of the largest media giants in the country. Amscreen, which produces digital signage, has been taken over by Bauer Media Group, according to new filings with Companies House. The division formed part of Lord Sugar’s Amshold Group and is headquartered in Bolton, Lancashire. [...]
Stanhope and Cheyne buy ‘landmark’ South Bank office development September 17, 2025 Asset manager Stanhope and fund manager Cheyne have bought a ‘landmark’ office development on London’s South Bank with a gross development value of £450m. Construction on the already-demolished Row One site, which totals 250,000sq ft, is expected to start as soon as next year and be completed in 2028. Joe Binns, head of investment at Stanhope, called the acquisition [...]
Asda-owned Leon cuts hundreds of jobs as work from home trend bites September 17, 2025 Leon has axed hundreds of jobs as it bemoaned a “challenging” year in which it wrestled with high cost inflation and depressed customer spending. The Asda-owned fast-food chain cut its headcount by 17 per cent, or 224, to 1,120 over the course of 2024, its latest accounts show, as it sought to bear down on [...]
Housing market ‘demonstrating remarkable resilience’ ahead of Autumn Budget September 17, 2025 House prices ticked up in July as Brits still showed a ‘good appetite’ for home ownership despite affordability challenges and uncertainty ahead of the Autumn Budget. Average house prices increased 2.7 per cent to £292,000 in England, two per cent to £209,000 in Wales, and 3.3 per cent to £192,000 in Scotland in the 12 [...]
PwC UK profits edge up as headcount reductions take effect September 17, 2025 Big Four giant PwC UK has shown steady financial recovery, with revenue, profits, and profit per partner all increasing slightly compared to the previous year, largely due to the implementation of headcount cuts. For the year ended 30 June 2025, PwC UK generated £6.35bn in revenue, up 0.4 per cent on the previous year. Its [...]