Manufacturing sector breakdown worsens amid ‘dearth of export work’ October 1, 2025 A breakdown in activity across the manufacturing sector has deepened as new data has shown export work coming to a halt and investment falling flat. S&P Global’s purchasing managers’ index (PMI) for manufacturing in September showed the sector was still struggling to bounce back despite some quiet optimism in recent months. Activity in the sector [...]
Rolex: Property buys pay off as UK profit nears £100m October 1, 2025 Profit at the UK arm of luxury watch brand Rolex jumped towards the £100m mark during its latest financial year thanks to a trio of investment properties. The London-headquartered division has reported a pre-tax profit of £96.2m for 2024, new accounts filed with Companies House have revealed. The total is up significantly from the £65.8m [...]
IG becomes first UK-listed broker to be granted a crypto licence October 1, 2025 Investment platform IG, has been granted a crypto asset licence by the UK’s financial watchdog enabling it to expand its services and cement its position as a multi-asset trading platform. The decision makes IG the first UK-listed broker to join the Financial Conduct Authority’s (FCA) crypto asset register, marking a significant milestone for the rapidly [...]
Marylebone High Street: Host of lettings take super-prime village to capacity October 1, 2025 Marylebone has welcomed eight new names to its high street, with continued demand for spots taking the village to full capacity. A host of fashion, perfume and food brands have leased shops on the high street, while two longstanding companies are set to unveil enhanced new store layouts. “Demand for stores is at its highest… [...]
David Beckham shares huge pay day amid record year October 1, 2025 David Beckham has shared a huge pay day after profit at his business empire jumped by almost a quarter in 2024, it has been revealed. DRJB Holdings Limited, which includes David Beckham Ventures Limited, Seven Global LLP and Studio 99 Group, has posted a net profit of $44.9m (£35.1m) for the year, up from $36.2m [...]
Omaze house prize draws fuel first UK profit October 1, 2025 Omaze, which runs house prize draws across the UK, has made its first profit since launching in this country. The division of the US-headquartered business has posted a pre-tax profit of £6.2m for 2024, new accounts filed with Companies House show. The profit comes after Omaze reported a pre-tax loss of £17.3m for 2023. The [...]
KFC sheds jobs as UK profit jumps to almost £100m October 1, 2025 KFC has shed jobs in the UK and its profit surged to almost £100m during its latest financial year, it has been revealed. The fast food giant has posted a pre-tax profit of £97.6m for 2024, up from the £59.1m profit it achieved in 2023. However, new accounts filed with Companies House also show that [...]
The Dalmore unveils rare red wine cask edition October 1, 2025 The Dalmore has launched the third instalment in its ultra-premium Cask Curation Series, finished in red wine casks sourced from Château Mont-Redon in France’s Châteauneuf-du-Pape region. The Highland distillery used freshly emptied casks from the Rhône valley estate to finish three aged Single Malt expressions — 24, 34 and 43 years old — to highlight [...]
Selfridges: Losses slashed despite revenue hit October 1, 2025 Losses at luxury department store chain Selfridges have been slashed during its latest financial year despite its revenue taking a hit. The business, which has UK stores in London, Birmingham and two in Manchester, has posted a pre-tax loss of almost £16m for the 48 weeks to 4 January, 2025. The latest figure comes after Selfridges’ [...]
JP Morgan scraps Nutmeg in launch of new personal investing brand October 1, 2025 JP Morgan is to scrap its Nutmeg brand and roll its services into a new consumer wealth management business as it intensifies its battle with market leader Hargreaves Lansdown. The new service, dubbed JP Morgan Personal Investing, will offer managed investments, pensions, and ISAs alongside digital financial planning tools and dedicated relationship managers. The bank [...]