Mark Kleinman: This is not just any retail cyber attack… May 8, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column This is not just any retail cyber attack… It’s hardly an exclusive club these days: a big listed company is the victim of a major cyber attack, compromising its systems and ability to continue serving customers. [...]
Why shrimp deserve compassion too May 6, 2025 They may be ugly and unappealing, but shrimp – farmed in vast quantities in squalid conditions – deserve ethical consideration, says Phoebe Arslanagic-Little I can buy a box of supermarket eggs for 15p an egg. Instead, I have a crate of eggs couriered to me, once a month, from a farm in Lancashire called Oakstream [...]
Here’s what to look for when buying Provence Rosé April 28, 2025 We all know what those first glimpses of warm sunshine mean for us Brits. Suddenly the green spaces of London are filled with pasty, sun-craving bodies jostling elbow-to-elbow for a hit of vitamin D. Pubs and cafes fortunate enough to reside on the sunny side of the street overflow come lunchtime. Rosé season is upon [...]
Libby’s Naked Wines Diary: How to celebrate Steak Day right April 24, 2025 Steak. Our nation loves it. So much so that Tesco reported searches for ‘Wagyu” have gone up 87 per cent since last year on tesco.com. With its prestige and price, when it comes to cuts of meat, this is essentially the Grand Cru of beef. Taking this as a call to action, Tesco has launched [...]
Branson-backed bike sharing firm Beryl more than doubles losses April 24, 2025 Losses at Beryl, a bike sharing company backed by two of Sir Richard Branson’s children, have more than doubled despite an uptick in its turnover. In accounts filed almost four months late with Companies House, the business has posted a pre-tax loss of £7.5m for the 12 months to 31 March, 2024. That total compares [...]
Pound on best run since 1971 as FTSE 100 claws back gains April 22, 2025 The pound and the FTSE 100 continued their strong runs on Tuesday on the back of US instability. Sterling was on track for its 11th day of gains, which would be its longest streak since January 1971 – when the currency switched to the decimal system. It was up 0.6 per cent to $1.34 against [...]
Sainsbury’s warns on growth as trolley wars heat up April 17, 2025 Sainsbury’s has said it expects no profit growth in the next year as competition in the grocery market intensifies. The supermarket giant reported retail underlying operating profit of £1.036bn in the 52 weeks ended March 1, up 7.2 per cent from £966m last year. It said double-digit growth at its Sainsbury’s retail arm was partially [...]
City Hall skills bootcamps to receive £27m funding boost April 17, 2025 City Hall is set to receive a funding boost of £27m for a skills bootcamp programme for Londoners, Sir Sadiq Khan has announced. The mayor of London has welcomed the funding from the Department for Education (DfE) which represents a 25 per cent annual uplift for the programme of flexible courses, across some 7,700 trainees, [...]
Tesco, M&S and Sainsbury’s shares drop amid wider FTSE 100 rally April 10, 2025 The UK’s major listed supermarkets missed out on a post-crisis FTSE 100 bump this morning after Tesco’s full-year results stoked fears of ‘trolley wars’ in the sector. The FTSE 100 index rose by more than six per cent as investors breathed a sigh of relief after Trump’s ‘reciprocal’ tariffs were paused last night. However, Tesco, [...]
Tesco: Supermarket giant’s profit beats City expectations but ‘trolley wars’ hit outlook April 10, 2025 Supermarket giant Tesco has beaten profit expectations as it continues to speed ahead in the competitive UK grocery market, but it warned that high competition will affect profit next year. Tesco shares slumped more than seven per cent in early deals. The UK’s biggest supermarket told markets this morning that group adjusted operating profit rose [...]