After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Is Claire’s about to disappear from the UK High Street? August 6, 2025 Claire’s accessories has filed for bankruptcy in the US and entered administration in France, stoking fears about its presence on UK high streets. The US-based fashion accessories and jewellery business filed for Chapter 11 bankruptcy in a court in Delaware, according to new documents. Chris Cramer, CEO of Claire’s, said the decision was “difficult” but [...]
Shares in Cola-Cola’s European bottling arms slump despite strong results August 6, 2025 Coca-Cola’s European arm, Coca-Cola Europacific Partners, and its bottling partner, Coca-Cola HBC, both slumped on the stock exchange this morning after the former downgraded its revenue guidance. The European business fell more than 11 per cent in early trades on the London Stock Exchange, while the bottling business dropped more than seven per cent. Coca-Cola [...]
Boardroom Uncovered: Can Bupa and NHS save the UK healthcare sector? August 6, 2025 The CEO of Bupa has rejected calls for the NHS to move to an insurance model and said that while it needs "fine-tuning", its "soul will remain" intact.
Bupa boss: ‘The NHS needs fine-tuning but its soul will remain’ August 6, 2025 The UK boss of Bupa has rejected calls for the NHS to move to an insurance model, and while it needs "fine-tuning," its "soul will remain".
Mortgage recovery hinges on a Bank of England interest rate cut August 6, 2025 Homeowners across the UK are catching a break as mortgage arrears fell for the first time since the cost-of-living crisis began – but a full recovery will hinge on the Bank of England’s decision on Thursday. Missed mortgage payments in the second quarter fell by 4.4 per cent across the UK, whilst direct debit rejections [...]
NFL buys stake in Disney subsidiary ESPN in media asset swap August 6, 2025 The NFL is set to buy a minority stake in ESPN as the media giant takes control of American football’s NFL Network assets. The non-binding agreement, confirmed in the early hours of Wednesday morning, will see the NFL purchase a 10 per cent stake in the Walt Disney subsidiary and allow Disney to broadcast more [...]
Simmons: Bar chain owed millions to OakNorth, tax collectors before entering administration August 6, 2025 Simmons owed millions of pounds in debts to OakNorth bank and tax collectors before it was put into administration, fresh corporate documents have revealed. The London-based cocktail bar chain has made at least 30 staff redundant alongside closing several sites as founder Nick Campbell battled to secure rescue funding to buy the company in a [...]
Construction sector contracts at the fastest pace since 2020 August 6, 2025 Activity in the UK’s construction industry is contracting at the fastest rate since the coronavirus pandemic in 2020 as high costs and tax hikes bite. The sector is vital for the Labour government’s plans for a house building boom and improvements in infrastructure, with the private sector expected to help boost the UK’s economic growth. [...]
Nandy warns Morecambe and Sheffield change is coming August 6, 2025 Culture secretary Lisa Nandy has insisted “change is coming” for the owners of Morecambe and Sheffield Wednesday amid concerns of the futures of the football clubs. Morecambe’s 105-year history is at risk, with former Worcester Warriors owner Jason Whittingham’s failure to sell the club. Sheffield Wednesday’s players are set to fulfil their opening Championship game [...]
Quilter: Net inflows rise as baby boomer wealth transfer looms August 6, 2025 Wealth management firm Quilter has bounced back as it braces for an increase in generational wealth transfers as inheritance tax rule changes creep closer. The wealth manager recorded a three per cent increase in adjusted profit to £100m as well as a one percentage point improvement in its operating margin to 30 per cent after [...]