‘Exceptional’ M&S chair Archie Norman cleared for three more years in role October 14, 2025 Marks and Spencer’s board has unanimously extended Archie Norman’s tenure as chair in light of his “exceptional” performance over the last nine years. While it is uncommon for chairs to stay longer than nine years, the board of M&S agreed that Norman’s “deep knowledge of the business, drive and unique experience” were invaluable to the [...]
Detached, ignorant, and selfish: City broker blasts the Treasury October 14, 2025 City broker Shore Capital has blasted the Treasury as incapable of creating economic growth, as Britain gears up for a tax-raising budget. Rumours of various taxes that Rachel Reeves might introduce in this Autumn’s budget in an attempt to plug a £40bn gap in the nation’s finances have been swirling, despite strong pushback from companies and consumers. [...]
Bellway says fears of Autumn tax raid has hit housing demand October 14, 2025 Housebuider Bellway has said that uncertainty over possible tax changes in the upcoming UK budget has dampened demand for housing. Rumors of various property taxes that Rachel Reeves might introduce in this Autumn’s budget in an attempt to plug a £40bn gap in the nation’s finances while overhauling a complex system of levies and charges have been [...]
Meat and coffee prices drive grocery price inflation October 14, 2025 Grocery price inflation in the UK passed five per cent in September to its highest level since July after the cost of fresh meat and coffee jumped. Like-for-like grocery price inflation rose to 5.2 per cent over the four weeks to 5 October versus the same period last year, according to the latest figures from Worldpanel [...]
THG reports strongest quarter of growth since 2021 October 14, 2025 THG, the London-listed firm behind fitness supplement brand Myprotein, has reported a better-than-expected uptick in sales following operating model changes. Third-quarter revenue rose 6.3 per cent, the retailer told markets this morning, driven by 10 per cent in nutrition, alongside “continued momentum” in beauty. This represents the highest organic quarterly growth since the fourth quarter of [...]
Sales of central London properties suffer as buyers head to outer boroughs October 6, 2025 Overall demand for prime property steadied in the third quarter of the year on sales of mansions in south west boroughs, while central London sales fell. Prices have slumped by around a fifth in the past decade due to low demand, while an exodus of high net worth individuals and uncertainty around property taxes has [...]
Labour warned not to repeat past mistakes with homebuying reforms October 6, 2025 Property experts have welcomed government efforts to simplify the homebuying process, but warned that any change must be done in alignment with industry to avoid a repeat of previous attempts to cut red tape. The proposed changes include digitisation, the introduction of binding contracts at an earlier stage, and requiring property sellers and estate agents [...]
Tariffs and economic pressure drive slowdown at Aston Martin October 6, 2025 Aston Martin has blamed a combination of economic challenges and the ongoing impact of tariffs as it warned sales will fall year on year. The luxury carmaker delivered fewer cars than expected in the third quarter of 2025, at 1,430 wholesale units versus 1,641 in the third quarter of 2024. It attributed the fall to [...]
Over 150 high-rise schemes stuck in limbo as red tape clogs up UK construction October 4, 2025 Over 150 high-rise construction projects in the UK have been stalled due to problems with the Building Safety Regulator, with over half of those located in London, according to new data. A new survey from the Construction Plant-Hire Association (CPA), the UK’s leading trade association for renting building equipment, has found that crane fleets and [...]
JD Wetherspoon: Profit rockets as Tim Martin takes jab at tax rises October 3, 2025 JD Wetherspoon has reported another successful quarter after outperforming the wider hospitality market again, although boss Tim Martin has warned on the effects of taxing the sector too hard. The pub giant told markets this morning that like-for-like sales rose 5.1 per cent year on year, while revenue rose 4.5 per cent to £2.12bn. Profit [...]
