Applied Nutrition beats expectations with double-digit growth August 19, 2025 Protein shake maker Applied Nutrition has exceeded the guidance it gave at its IPO, with revenue up a quarter in the last year. The health and wellness brand, which listed on the London Stock Exchange last October, gave a provisional estimate of its full-year earnings on Tuesday morning. Group revenue for the year ended July [...]
Profit at Lucozade maker soars despite cost pressures August 19, 2025 Profit at Suntory Beverage & Food, which owns both Lucozade and Ribena, has been boosted by higher demand for sports refreshments and ready-to-drink alcohol. Turnover at the company, which has over 40,000 employees across its various subsidiaries, rose two per cent to £552m in the year ended 2024, according to its latest reports filed with Companies House. [...]
Reeves mulls ‘punishingly high’ new property taxes August 18, 2025 Chancellor Rachel Reeves is considering replacing stamp duty with a new national property tax on homes above £500,000, according to fresh reports. Senior ministers in the Treasury have been asked to study how a new “proportional” levy could be implemented and to model its impact ahead of potential tax changes in the Autumn Budget, The [...]
Ozempic sales surge as priced-out Mounjaro patients seek cheaper alternative August 18, 2025 Ozempic sales have risen five-fold after a 126 per cent rise in the price of the Mounjaro drug due to pressure from US President Donald Trump. Mounjaro, manufactured by U.S. pharma giant Eli Lilly, has been the UK’s most popular weight loss jab, prescribed to an estimated 90 per cent of the country’s patients. But around [...]
Rental crisis in London worsens: ‘Payments border on the obscene’ August 18, 2025 Rents in London are taking up a larger portion of tenants’ earnings again after three years of improvements. Private renters on a median household income in the capital paid 41.6 per cent of their earnings on rent last year, up from 38 per cent in 2023 and the highest figure since 2021. The cost of [...]
Dr Martens firmly in recovery mode, says City broker August 18, 2025 Dr Martens is ‘making headway’ on its ambitious turnaround plan, with an ever-more positive outlook for the boot company, according to a City broker. “The debate is not whether [Dr Martens] can recover, but rather how long it will take… the process has already started,” Peel Hunt analysts said. The company, which was founded in [...]
Exclusive: UK football clubs owe £1m in tax to HMRC August 18, 2025 Twenty lower league football clubs in the UK have fallen into arrears to the HM Revenue & Customs (HMRC), according to date from chartered accountants and business advisers Lubbock Fine shared with City AM. The value of Pay as You Earn (PAYE) payroll tax owed by football clubs was £1.04m as of 22 May 2025, [...]
Rayner claims Reform will ‘fail women’ as she weighs in on online safety row August 16, 2025 Nigel Farage and Reform UK risk “failing a generation of young women” if they scrap online safety laws aimed at preventing revenge porn, Angela Rayner has said. The Deputy Prime Minister demanded Farage explain how his party would keep young women safe when they use the internet, after Reform vowed to repeal the Online Safety [...]
AI to help slash NHS hospital discharge delays, officials say August 16, 2025 Technology is being piloted to help free up NHS hospital beds which are occupied by people fit to be sent home, officials have announced. The platform uses artificial intelligence (AI) to help complete the documents needed to discharge patients, potentially saving hours of delays. The move will allow doctors to spend less time on paperwork [...]
Starmer speaks with Trump after president’s Ukraine ceasefire talks with Putin August 16, 2025 Sir Keir Starmer has spoken with Donald Trump after the US president’s summit with Vladimir Putin ended without a deal to stop the war in Ukraine. The Prime Minister joined a call with Trump and Ukraine’s Volodymyr Zelensky, as well as other European leaders, after the US-Russia ceasefire talks, Downing Street said. Trump did not [...]