CMA targets Apple and Google’s market dominance to strengthen UK app market July 23, 2025 The UK’s competition watchdog has proposed a sweeping shake-up of the mobile app economy, with plans to designate Apple and Google as having “strategic market status” (SMS) – a move that could open the door to new rivals, lower development costs, and broadly loosen the tech giants’ tight grip on the mobile ecosystem. In a [...]
Boardroom Uncovered: Is playing The National Lottery still gambling? July 23, 2025 The boss of Allwyn UK has insisted the National Lottery is not gambling, despite the company being regulated by the Gambling Commission.
Clifford Chance revenue surges to £2.4bn as US drives growth July 23, 2025 British elite law firm Clifford Chance's profit surged by double digits over the last financial year, after the firm generated £944m, as the firm saw a three-year consecutive increase in profit
Natwest boosts AI strategy with AWS and Accenture July 23, 2025 Natwest Group has announced a five-year collaboration with Amazon Web Services (AWS) and consultancy Accenture to accelerate its bank-wide data and AI transformation, ahead of its half-year earnings release scheduled for July 25. The agreement forms part of the group’s broader strategy to simplify its operations and offer a more personalised customer experience. By consolidating data currently housed [...]
Dragons’ Den athlete sentenced for using Covid loans to buy £1m house July 23, 2025 A British world champion sprinter who appeared on Dragons’ Den has been given a suspended prison sentenced after using Covid loans to help fund a £1.3m house purchase. Rick Beardsell, who competed on the senior Masters circuit, obtained two maximum-value £50,000 Bounce Back Loans for his sportswear manufacturing business Sports Creative Limited in 2020 and [...]
Allwyn UK boss: The National Lottery is not gambling July 23, 2025 The boss of Allwyn UK has insisted the National Lottery is not gambling, despite the company being regulated by the Gambling Commission. Andria Vidler, in the latest episode of City AM‘s Boardroom Uncovered show, sought to set the National Lottery apart from betting giants such as Bet365, Betfred and PaddyPower. Also as part of the [...]
Evri: Boom in bedroom CEOs drives best-ever parcel deliveries July 23, 2025 Evri has delivered record results thanks to a boom in second-hand sellers sending parcels with the logistics giant. The parcel delivery company, which was acquired by private equity firm Apollo from Advent International in 2024 for £2.7bn, has revealed that its volumes increased by 11 per cent in the year to 1 March, 2025, to more [...]
Brentford FC sponsor rapped by watchdog for pushing gambling to kids July 23, 2025 Premier League club Brentford FC’s main sponsor, Hollywoodbets, has been rapped by the advertising watchdog for targeting children. The Advertising Standards Authority today upheld a complaint from a minor prompted by an ad for the bookmaker on the esports website Virtual Football League. The complainant was presented with the ad, which urged users to sign [...]
Steven Bartlett: Dragons’ Den star quits PR agency he owns July 23, 2025 Dragons’ Den star Steven Bartlett has stepped down as a director of a PR agency he bought three years ago. The Diary of a CEO podcast host’s company, Flight Story, acquired London-based R Agency in 2022 for an undisclosed sum. The firm was set up by Rebecca Ridge in 2013 and has worked with the [...]
Goldman Sachs boss: London finance lead ‘fragile’ July 23, 2025 London’s position as a global financial centre is at risk from years of anti-business policies that are pushing talent and capital abroad, the boss of Goldman Sachs has warned. David Solomon highlighted a damaging combination of Brexit, the UK’s tax burden, constrictive regulation, and the recent decision to abolish the non-dom regime have all harmed [...]