NFL buys stake in Disney subsidiary ESPN in media asset swap August 6, 2025 The NFL is set to buy a minority stake in ESPN as the media giant takes control of American football’s NFL Network assets. The non-binding agreement, confirmed in the early hours of Wednesday morning, will see the NFL purchase a 10 per cent stake in the Walt Disney subsidiary and allow Disney to broadcast more [...]
Simmons: Bar chain owed millions to OakNorth, tax collectors before entering administration August 6, 2025 Simmons owed millions of pounds in debts to OakNorth bank and tax collectors before it was put into administration, fresh corporate documents have revealed. The London-based cocktail bar chain has made at least 30 staff redundant alongside closing several sites as founder Nick Campbell battled to secure rescue funding to buy the company in a [...]
Construction sector contracts at the fastest pace since 2020 August 6, 2025 Activity in the UK’s construction industry is contracting at the fastest rate since the coronavirus pandemic in 2020 as high costs and tax hikes bite. The sector is vital for the Labour government’s plans for a house building boom and improvements in infrastructure, with the private sector expected to help boost the UK’s economic growth. [...]
Nandy warns Morecambe and Sheffield change is coming August 6, 2025 Culture secretary Lisa Nandy has insisted “change is coming” for the owners of Morecambe and Sheffield Wednesday amid concerns of the futures of the football clubs. Morecambe’s 105-year history is at risk, with former Worcester Warriors owner Jason Whittingham’s failure to sell the club. Sheffield Wednesday’s players are set to fulfil their opening Championship game [...]
Quilter: Net inflows rise as baby boomer wealth transfer looms August 6, 2025 Wealth management firm Quilter has bounced back as it braces for an increase in generational wealth transfers as inheritance tax rule changes creep closer. The wealth manager recorded a three per cent increase in adjusted profit to £100m as well as a one percentage point improvement in its operating margin to 30 per cent after [...]
TalkTalk: Huge losses revealed amid job cuts and fleeing customers August 6, 2025 The full extent of TalkTalk’s financial woes have been revealed for the first time amid sky-rocketing losses and huge job losses as customers move to other broadband providers. New accounts for the Salford-headquartered group filed with Companies House have revealed its pre-tax losses surged from £153m to £465m in the year to 28 February, 2025. [...]
O’Sullivan backs snooker union to give players more say in deals August 6, 2025 Ronnie O’Sullivan and Ding Junhui have backed a new union for snooker players created to give them more say in commercial and scheduling decisions. The Professional Snooker Players Association is chaired by four-time world champion John Higgins, while its Players Board includes Judd Trump, Kyren Wilson, Mark Selby, Shaun Murphy, Ali Carter and Stuart Bingham. [...]
THG sells flavour lab Claremont for £103m August 6, 2025 THG, the London-listed firm behind fitness supplement brand Myprotein, has announced the sale of flavour manufacturing and development lab Claremont. The company will sell Claremont for £103m to international flavour specialist, Nactarome Group, having purchased the business for £52m in late 2020. City AM is part of THG Ingenuity, which was demerged from THG at the [...]
All3Media: Losses balloon at The Traitors maker amid £100m hit August 6, 2025 Losses have ballooned at the production giant behind the likes of The Traitors, Race Across the World and Gogglebox as its revenue slumped by almost £100m, it has been revealed. All3Media has reported a pre-tax loss of £113.5m for 2024, after also posting a loss of £27.8m in 2023. New accounts filed with Companies House [...]
Wealth exodus ramps up as bosses quit UK August 6, 2025 A wave of company directors have left the UK since the government unveiled a host of punitive tax rises on the wealthy at its maiden Budget last autumn, exacerbating fears that a wealth exodus of Britain’s most affluent residents is afoot. According to an analysis of Companies House data, 3,790 company directors removed Britain as [...]