Thousands descend on the capital for The Big Half running festival September 1, 2024 More than 16,000 participants united in celebration of London’s diverse communities, as The Big Half festival of running returned to the capital.
Hewlett Packard set to pursue Mike Lynch’s widow for up to £3bn September 1, 2024 Hewlett Packard Enterprise (HPE) is set to pursue the widow of Mike Lynch for up to $4bn (£3bn) in a continuation of its long-running claim against the UK tech mogul following his death in the Bayesian yacht sinking.
Travelodge owner leads secret group behind Cineworld restructuring September 1, 2024 Goldentree, the Wall Street hedge fund behind Travelodge, is leading a contentious overhaul of Cineworld that could leave UK ratepayers facing large losses. Cineworld, which collapsed into administration last year with £4bn in debt, has since fallen under the control of a covert group of hedge funds. This consortium is led by Goldentree and includes [...]
Booking.com boss bemoans ‘lack of common sense’ in Brussels September 1, 2024 Booking.com has been designated a "gatekeeper" by the European Commission, a label for companies that have potentially damagingly high market share.
Allwyn: We want to get more young people playing the National Lottery September 1, 2024 The National Lottery, once a staple of Saturday night television, is hoping to rejuvenate its ageing demographic with plans to draw in a younger crowd. Andria Vidler, the chief executive of Allwyn, the company now responsible for running the Lottery, has said there is a need for change. The Lottery has “aged,” she said, adding [...]
Tinder, Hinge, Bumble and Grindr look to AI to rekindle the romance with users September 1, 2024 Tinder, Hinge, Bumble and Grindr are all embracing artificial intelligence (AI) in a bid to woo back their users who have fallen out of love with dating apps. New AI features are aiming to help eligible singles find a match made in algorithmic heaven by offering users suggestions to improve their profiles and instant feedback [...]
UK approves Chinese-backed megabattery project after national security review September 1, 2024 The British government has approved a major battery storage facility in the UK, which is backed by a joint venture involving US investment giant Blackrock and KX Power, a UK-registered asset manager with ties to Chinese investors. The UK launched a national security review of the proposed 80-megawatt project, led by former Chinese diplomat Zhe Zhang, [...]
US jobs data takes centre stage as markets bet on Fed rate cut September 1, 2024 US jobs data will take the spotlight for global financial markets this week as investors look for clues on how far the Federal Reserve might go in cutting interest rates.
Completions to fall at Barratt amid flurry of updates from housebuilders September 1, 2024 Barratt Developments is expected to report a fall in home completions, but profits just ahead of previous expectations, amid a week of financial updates from UK housebuilders. The company, which is Britain’s biggest housebuilder, reports its annual results on Wednesday September 4, with updates from Vistry and Berkeley Group in the following days. Barratt said in July [...]
Ryanair boss Michael O’Leary considers entering package holiday market September 1, 2024 Michael O'Leary said he wouldn't rule out setting up a package holiday division amid concern over the resilience of near-term flight demand.
