Newcastle’s Red Bull takeover litmus test for Prem Rugby governance September 26, 2025 Red Bull’s ownership of Newcastle will be a “litmus test” of the quality of Prem Rugby’s current governance structures, according to a top business management consultant. The energy drink giant entered English domestic rugby this summer with the purchase of lowly Newcastle, who take on Saracens this evening in their first sell-out since 2018. But [...]
Surging gold prices send shockwaves through the chocolate market September 26, 2025 Chocolate prices are hitting record highs amid a cocoa shortfall across West Africa. In Ghana – the world’s second-largest cocoa producer after Côte d’Ivoire – output fell by over 20 per cent last year due to adverse weather conditions and pest outbreaks. Illegal gold mining – also known as galamsey – is aggravating the problem [...]
Losses widen at owner of scandal-hit The Groucho Club September 26, 2025 Losses have widened at the owner of The Groucho Club in London despite its turnover rising during its latest financial year. The Groucho Club is one of London’s most famous private members’ clubs and has been going since 1985. The Soho venue was founded a a more relaxed alternative to traditional gentlemen’s clubs and has [...]
2026 World Cup: San Francisco and Seattle could lose games, says Trump September 26, 2025 US President Donald Trump has floated the possibility of moving 2026 World Cup games away from San Francisco and Seattle if the host cities are deemed to be unsafe. The first 48-team World Cup is being co-hosted with Canada and Mexico but will be held mostly in the US, with San Francisco and Seattle currently [...]
Checkout.com valuation slides to $12bn as it unveils employee share buyback September 26, 2025 Checkout.com said its valuation has hit $12bn (£9bn) as the London fintech reported a surge in growth and unveiled an employee share buyback. The valuation is a boost on the reported $9.4bn it had been valued at in 2023 but remains well down on the $40bn figure it attracted in a funding round in 2022. [...]
Live Nation: UK concert promoter has lost over £150m since last profit September 26, 2025 Losses have surged at the UK concert promotion division of Live Nation as its turnover was also cut during its latest financial year. The arm of the US giant has reported a pre-tax loss of £10.7m for 2024, according to new accounts filed with Companies House. The latest figure comes after Live Nation (Music) UK [...]
Tesla: UK sales slump by £500m as profit slashed September 26, 2025 Sales at the UK arm of Elon Musk’s Tesla slumped by more than £500m as its profit was also slashed during its latest financial year. The division, which is headquartered in Manchester, has reported a revenue of £1.94bn for 2024, new accounts filed with Companies House show. The new figure comes after Tesla posted a [...]
Trump slaps 100 per cent tariff on imported drugs September 26, 2025 US President Donald Trump announced a new round of tariffs on Thursday evening, with the pharmaceutical industry expected to be the hardest hit. Trump revealed that the US will impose a 100 per cent tariff on imported branded drugs, a 25 per cent tariff on all heavy-duty truck imports, a 50 per cent tariff on [...]
Women’s Rugby World Cup has shown ROI potential of women’s sport September 26, 2025 On Saturday afternoon 82,000 fans will pack into Twickenham’s Allianz Stadium for the Women’s Rugby World Cup final. A fully professional England Red Roses team will win their first title in a decade if they’re able to overcome a Canada side who were forced to crowdfund more than £500,000 just to get to the World [...]
Oasis fans’ supersonic spending tops Swifties in economic boom September 26, 2025 Oasis fans have topped the economic boost of Taylor Swift, with spending reaching over £5m at their first Wembley concert this year. The ‘Gallaghernomics’, as dubbed by Lloyds in their Market Intelligence analysis, have surpassed ‘Swiftonomics’ by 38 percent. The Oasis concert on 25 July 2025 generated £5.1m revenue in Wembley and within a one-mile [...]