Hawks vs Doves: Bank of England’s MPC will hold interest rates – but expect dissent September 17, 2025 In the last year, the Bank of England has cut interest rates five times on the expectation that price rises were easing in the UK. When inflation hit a 41-year high of 11.1 per cent in October 2022, policymakers at the Bank warned that its fight to battle inflation was “sacrosanct”. The relentless spiralling of [...]
Growing pension uncertainty sparks a downturn in retirement saving September 17, 2025 Growing uncertainty over the future of the state pension and a rise in unsecured debt has sparked a worrying downturn in saving for retirement, new research has found. According to the latest retirement survey from Interactive Investor, only 44 per cent of UK savers believe the state pension will still be in place when today’s [...]
Manchester United record sixth consecutive loss despite cuts September 17, 2025 Manchester United have reported a loss for the sixth consecutive year although their financial performance did improve in 2024-25 thanks to record revenue of £666.5m. United made a net loss of £33m, taking the club’s total losses to £391m since 2019-20, although that was markedly down on the previous year’s £131m deficit. Revenue grew by [...]
Exclusive: Nvidia boss tells China ‘We won’t operate where we’re not wanted’ September 17, 2025 Nvidia chief executive Jensen Huang said he was “disappointed” with China’s internet regulator banning the country’s largest tech firms from buying Nvidia’s AI chips. The quasi-celebrity, leather jacket-wearing billionaire told City AM: “We could only be in service of a market if the country wants us to”. His response follows the Cyberspace Administration of China [...]
Ben & Jerry’s co-founder quits after being ‘silenced’ by Unilever September 17, 2025 Ben & Jerry’s co-founder Jerry Greenfield has quit the company on social activism grounds as he claims the ice cream brand has been ‘silenced’ by its parent firm. In a statement co-founder Ben Cohen shared on X, Greenfield said he was “profoundly disappointed” to “come to the conclusion that [the brand’s] independence, the very basis [...]
EU chief von der Leyen hit with defamation lawsuit by MEP September 17, 2025 The European Commission President, Ursula von der Leyen, has been hit with legal action by an MEP for alleged defamation in comments she made at the European Parliament. Romanian MEP Gheorghe Piperea, from the right-wing European Conservatives and Reformists (ECR), has filed a claim at the EU Court of Justice. According to his statement, as [...]
Grenade: Profit at protein bars brand wiped out September 17, 2025 Protein bars brand Grenade has slumped into the red after its sales were slashed and it diverted funds into investment projects. The business, which is owned by Mondelēz International, has reported a pre-tax loss of £237,763 for 2024 after having made a profit of £12.1m in the prior 12 months. New accounts filed with Companies [...]
Lord Alan Sugar sells part of empire to media giant Bauer September 17, 2025 Lord Alan Sugar has sold a part of his business empire to one of the largest media giants in the country. Amscreen, which produces digital signage, has been taken over by Bauer Media Group, according to new filings with Companies House. The division formed part of Lord Sugar’s Amshold Group and is headquartered in Bolton, Lancashire. [...]
Stanhope and Cheyne buy ‘landmark’ South Bank office development September 17, 2025 Asset manager Stanhope and fund manager Cheyne have bought a ‘landmark’ office development on London’s South Bank with a gross development value of £450m. Construction on the already-demolished Row One site, which totals 250,000sq ft, is expected to start as soon as next year and be completed in 2028. Joe Binns, head of investment at Stanhope, called the acquisition [...]