OpenAI: The Big Tech that took your job wants to get you a new one September 15, 2025 London’s job market is feeling the squeeze. Permanent hires fell for the fifth month in a row, while temporary placements have tumbled for the twentieth consecutive month, according to KPMG and the Recruitment & Employment Confederation (REC). Rising costs, tax raids, and the ongoing impact of AI on entry-level roles have left employers cautious and [...]
Sainsbury’s FTSE 100 shares highest since 2014 after Argos talks September 15, 2025 Shares in FTSE 100 supermarket giant Sainsbury’s have surged to their highest value in more than a decade after it held brief talks to sell Argos to Chinese e-commerce giant JD.com. Sainsbury’s share price has jumped by almost five per cent in early trades this morning to 322p. The value is the company’s highest its [...]
London fintech eyes IPO as Klarna’s listing puts pressure on the City September 15, 2025 UK card reader firm SumUp is weighing a stock market listing that could value it at up to $15bn (£11.04bn) – a move that could deliver a rare win for the London Stock Exchange, though the firm is also considering New York amid doubts over the City’s appeal. The London-based fintech, which makes card readers [...]
Keir Starmer ‘has until May’ as polling sends warning shot September 15, 2025 Keir Starmer has been told he has until next May’s local elections to turn fortunes around as polling has sent the prime minister an ominous warning about his future. The Prime Minister is facing intense pressure from Labour MPs after new questions were raised about his appointment and judgment of Peter Mandelson as ambassador to [...]
Pret A Manger ‘being punished for focusing on UK’ September 15, 2025 Pret A Manger is being punished for focusing on the UK and this is a “disaster for domestic growth”, according to the chief executive of drinking chocolate chain Knoops. Writing on LinkedIn, William Gordon-Harris said “the sad fact is for UK domestic growth is that so many UK founded businesses focus their growth after launch [...]
Aldi issues Budget warning as profit slashed September 15, 2025 Profit at discount supermarket giant Aldi was slashed by more than £100m during its latest financial year despite sales passing the £18bn mark. New figures released by the chain show its operating profit declined from £552.9m to £435.5m in 2024. Aldi said the fall was as a result of it continuing to “lower prices for [...]
High living costs threaten Gen Z and Millennials’ pensions September 15, 2025 Younger generations are struggling to afford adding money to their pension pot, forcing many to be at risk of retirement poverty, new research has found. According to a survey from fintech start-up Chest, two in five 18-34 year olds are failing to top up their pension pot as they face the challenge of spending more [...]
Blenheim Palace Triathlon bought by Brownlee-backed Supertri September 15, 2025 Supertri, the triathlon brand that’s home to Team GB stars Jonny Brownlee and Alex Yee, has acquired the Blenheim Palace Triathlon. The Blenheim Palace Triathlon is the UK’s biggest swim-bike-run race, featuring around 7,000 competitors, and takes place on a Unesco World Heritage Site. It means that Supertri now owns two of the world’s five [...]
Primark owner says larger stores to come under pressure from rates changes September 15, 2025 The boss of Primark’s parent firm has warned the Government that proposed business rates changes are “mistaken” and heap pressure on big stores on UK high streets. George Weston, the billionaire boss of Associated British Foods (ABF), told the PA new agency that the Labour Government “should not increase taxes on businesses any more” in [...]
Food inflation to spike as suppliers can ‘no longer absorb’ costs, FDF warns September 15, 2025 Food and drink inflation could climb to 5.7% by the end of the year thanks to cost pressures on manufacturers “trickling down” to supermarket shelves, a leading industry body has warned. The Food and Drink Federation (FDF) said current prices were “steeper than anything in recent decades”. The group – whose members make a quarter [...]