Women at risk of running out of pension wealth seven years into retirement July 24, 2025 Women are retiring with significantly less pension wealth than men, leaving them at greater risk of running out of wealth just seven years into retirement, new analysis has found. Gen X women, aged 55-59, have just £81,000 in their pension on average, compared to the £156,000 held by men of the same age, leaving them [...]
BBF hits back and counter-sues SLB in British basketball bloodbath July 24, 2025 The British Basketball Federation is counter-suing Super League Basketball in a further escalation of the bitter in-fighting blighting the domestic game. The BBF filed its defence this week against SLB’s High Court claim, which accuses the governing body of abusing its position by preventing clubs from running their league. In its counterclaim, the BBF argues [...]
CVS halts acquisitions in the UK amid competition watchdog probe July 24, 2025 CVS has halted UK acquisitions and focused on Australian expansion due to a probe by the UK’s competition watchdog into the pet sector. The vet group has also delayed its full-year results until October to allow shareholders to “have more visibility” and details of the Provisional Decision of the Competition and Markets Authority (CMA), which [...]
Lloyds reports strong growth as UK economic conditions improve July 24, 2025 Lloyds bank has reported a strong financial performance in the first half of the year, achieving income growth and showing continued momentum across the business. The FTSE 100 giant, which includes Lloyd’s, Halifax and Bank of Scotland recorded a statutory profit after tax increase of £2.5bn, up 4 per cent year on year, with a [...]
ITV beats expectations despite profits dip, as streaming and Studios deliver July 24, 2025 ITV has delivered half year results ahead of expectations, bolstering confidence in its turnaround strategy despite a sharp fall in profits. Growth in digital advertising and continued momentum at ITV Studios offset tough comparisons with last year’s advertising period during the men’s Euros. The FTSE 250 broadcaster reported a 31 per cent drop in group [...]
Lionesses fever sends shirt sales skywards ahead of Women’s Euro final July 24, 2025 The Lionesses’ run to the Women’s Euros final has triggered a scramble for shirts and other merchandise, with sales far higher than even during the team’s 2023 World Cup run. Global retailer Fanatics, which operates England’s official stores, said that sales of Lionesses products were up 41 per cent on the same stage at the [...]
BT profits fall but group insists it remains ‘on track’ July 24, 2025 Telecoms giant BT Group reported a 10 per cent drop in reported profit before tax on top of a three per cent decline in adjusted revenue, while reaffirming it is ‘on track’ to achieve full-year guidance. In a trading update for the three months to 30 June, the FTSE 100 company informed shareholders its reported [...]
Reckitt: Consumer goods giant upgrades outlook July 24, 2025 Reckitt Benckiser has upgraded its expected revenue for its core brands this year, following the implementation of a significant simplification drive last year. The FTSE 100 giant now expects like for like net revenue growth to above be above four per cent in ‘Core Reckitt’ brands – which include Dettol, Nurofen and Lysol – this [...]
Vodafone growth boost as UK merger with Three starts to pay off July 24, 2025 Vodafone reported a solid start to its financial year, with growth in revenue and profits underpinned by the recent completion of its UK merger with Three, now consolidated into its results. The deal has created the UK’s largest mobile operator and delivered a double-digit boost to local revenues in the first quarter. “We are making [...]
UK insurance sector calls for more adverse weather protection July 24, 2025 The UK insurance sector has called for more adverse weather protection as a “challenging new era” places increasing pressure on insurers. In the first quarter of 2025, British insurers paid out a record high of £226m in weather-related claims, surpassing the previously held record of £67m in 2022. Industry paid an eye-watering £585m for weather-related [...]