Tottenham Hotspur take £90m loan following big-spending summer September 10, 2025 Tottenham Hotspur have taken out a £90m loan from Australian bank Macquarie in a move that improves the heavily indebted Premier League club’s cash flow. Spurs have borrowed the sum against future media rights revenue that they are due to receive from the Premier League during the current season. Such loans are not uncommon even [...]
‘Embarrassed’ Mandelson: More Epstein letters ‘going to come out’ September 10, 2025 Lord Mandelson has apologised for the “embarrassing” letter he wrote to Jeffrey Epstein in which he referred to the convicted sex trafficker as his “best pal”, saying he “regrets very deeply” continuing his relationship with him after he was convicted. The former Labour spin doctor, often referred to as ‘the Prince of Darkness’, said that [...]
Salford Red Devils owners accused of using fraudulent bank documents September 10, 2025 Super League team Salford Red Devils’ owners have been accused of trying to buy their £14m stadium using fraudulent bank documents. The club, who share the Salford Community Stadium with Prem Rugby club Sale Sharks, have been embroiled in financial chaos for much of the season. Isiosaia Kailahi and Curtiz Brown took charge of the [...]
Jaguar Land Rover issues cyber attack update amid data breach September 10, 2025 Jaguar Land Rover (JLR) has admitted that data may have been compromised in a cyber attack that has paralysed its global operations since 2 September, forcing shutdowns at factories and dealerships across the UK and abroad. The UK’s biggest carmaker said in a statement: “We now believe that some data has been affected and we [...]
Mervyn King: UK debt is ‘not in a comfortable position’ September 10, 2025 The UK’s national debt load is “not in a comfortable position” and the government faces a “real challenge” in managing fiscal policy, the former Governor of the Bank of England has said. Speaking to Lords at a committee hearing on Wednesday, Mervyn King said the UK was in a “much stronger position” before the financial [...]
ABF: Primark owner’s shares sink as sales slow at FTSE 100 giant September 10, 2025 Shares in Primark owner Associated British Foods (ABF) have plunged after posting what analysts branded a “mixed bag” of results. The FTSE 100 warned that challenging conditions were weighing on the company’s trading, listing consumer caution, geopolitical uncertainty and inflation as top factors. Shares plunged 13 per cent on the news to their lowest value [...]
Profit slashed at Mike Ashley-backed Hugo Boss September 10, 2025 Profit at the UK arm of Hugo Boss, which counts Mike Ashley’s Frasers Group as a major shareholder, has been slashed for a second consecutive year. The London-headquartered division of the German group has posted a pre-tax profit of £9m for 2024, down from the £16.8m it achieved in 2023 and £30.4m in 2022. New [...]
FCA plans to allow contactless payment limits above £100 September 10, 2025 Card providers are set to be given the powers to set their own limits on contactless payments, which are currently set at £100, under proposals set out by the City regulator. The Financial Conduct Authority (FCA) has revealed that it will consult industry on whether the rules should be relaxed as part of its task [...]
Klarna’s IPO success could lure fintechs away from London September 10, 2025 By Oscar McDonald Swedish buy-now-pay-later giant Klarna has teed up its second attempt at an IPO, with the eyes of the fintech world set on its New York debut. The company’s valuation has been on a rollercoaster ride over the past three years, peaking at £33.6bn in July 2021 before plummeting to £4.95bn a year [...]
Joe Root piles pressure on cricket chiefs over Hundred format September 10, 2025 Joe Root has piled pressure on the England and Wales Cricket Board and the new Hundred owners to keep the competition’s format. While ECB bigwig Richard Thompson said the competition would remain 100 balls per innings, fewer than the 120 seen in Twenty20 competitions, the new franchise investors have been mulling a change to the [...]