Nutella owners plan $100m World Cup and Super Bowl marketing spree October 10, 2025 Nutella owner Ferrero will spend over $100m on marketing campaigns related to the Fifa World Cup and 2026 Super Bowl. The confectioner, founded in Italy but based in Luxembourg, has been in the United States for decades but is looking to surge into the North American sports sector. The United States will co-host the 2026 [...]
What an AI bubble could mean for Reeves October 10, 2025 The traditional ministerial photo-op of walking around a construction site clad in a high-vis jacket and a hard hat usually takes place at a factory or housing site. But last month, chancellor Rachel Reeves donned fluorescent yellow for a different facility – a huge data centre built to power the UK’s digital economy through AI. [...]
NBA matches to be staged in China for first time since 2019 October 10, 2025 China will host NBA matches for the first time since 2019 this weekend after six years of being frozen out due to a dispute over Hong Kong. One of the basketball league’s managers stated their support for pro-democracy protestors in Hong Hong back in 2019 and China has since held a hard line on matches [...]
Farewell to Nutmeg and the first chapter of fintech’s story October 10, 2025 When I read that J.P.Morgan will retire the Nutmeg brand later this year, it felt like the end of a chapter, not just for them, but for all of us who began this journey together. For more than a decade, Nutmeg and Moneyfarm were often spoken of in the same breath. Two young companies trying [...]
Tattersalls sale rakes in £134m as Qatar, Saudi and US fight for horses October 10, 2025 Sales for the Tattersalls Yearling Book 1 sale topped £134m this week at Newmarket as international buyers snapped up horse racing’s future. The three-day event in Suffolk attracted buyers from across the world, with ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum and super agent Kia Joorabchian among the top bidders. Mega operations Gadolphin and [...]
NetJets: Losses spike at Warren Buffett’s private jet company October 10, 2025 Losses at the UK arm of NetJets, the private jet company owned by Warren Buffett’s Berkshire Hathaway more than doubled during its latest financial year, it has been revealed. The division has posted a pre-tax loss of $11.2m (£8.4m) for 2024, new accounts filed with Companies House show. The total comes after NetJets UK also [...]
Hiking VAT would have ‘serious negative impact’, economists warn Reeves October 10, 2025 A hike to VAT would “have a serious negative impact” on the UK, leading economists have warned, as the chancellor weighs which taxes to put up at next month’s Budget to plug a £30bn shortfall. An increase in the sales levy would have the biggest negative impact of any major tax rise, leading to a [...]
Channel 4 named fastest growing streamer amid Netflix’s UK surge October 10, 2025 Channel 4 has emerged as the UK’s fastest-growing major streaming platform, City AM can reveal, beating multiple audience records in September and strengthening its digital hand with a new deal designed to rival the reach of Netflix and Disney+. The broadcaster’s streaming minutes jumped 36 per cent year-on-year, according to new BARB data, the biggest [...]
Tinned tuna giant Princes confirms intention to float October 10, 2025 Tinned tuna heavyweight, Princes, has confirmed its intention to proceed with its IPO to list on London’s main index. The decision comes just one week after the Italian-owned business announced it was considering a listing. The offer will be comprised of new ordinary shares to be listed by the company, in order to raise net [...]
Rugby unions vs R360 spat is the sport’s failures in a nutshell October 10, 2025 When I look from the outside at the recent statement spat between many of the leading rugby unions and the rebel R360 start-up, I cannot help but hark back to the 2020 election for chairman of World Rugby. In the blue corner was the incumbent Sir Bill Beaumont, backing the status quo but wanting to [...]