Diageo mull $2bn sale of IPL side Royal Challengers Bengaluru June 10, 2025 Beverage giant Diageo is mulling a potential sale of its Indian Premier League (IPL) side Royal Challengers Bengaluru. The reigning IPL champions – whose roster this year featured the likes of England’s Phil Salt, Liam Livingstone and Jacob Bethell, as well as Australians Tim David and Josh Hazlewood – are owned by United Spirits, a [...]
Isuzu D-Max V-Cross review: The tough truck with a soft side June 10, 2025 Isuzu had its best year to date for new vehicle sales in 2024, with more than 6,500 examples of the D-Max pickup finding homes in the UK. However, the Japanese marque could face a tougher challenge in future, thanks to changes to how double cab pickup trucks are treated by HMRC. The changes make double [...]
House prices dip in May after stamp duty change June 6, 2025 House prices in the UK fell slightly in May after market activity dropped following the end of the stamp duty holiday earlier this year according to the latest data from lender Halifax. Prices fell by 0.4 per cent in May after rising 0.3 per cent in April, putting the value of an average UK home [...]
Rhode Beauty: How Hailey Bieber earned her $1bn payday June 6, 2025 Hailey Bieber bet on the power of community, not marketing, to build Rhode. Its $1bn exit last week is proof it worked, writes Viviane Paxinos
Morgan Supersport 2025 review: Judging a book by its cover June 5, 2025 Question: what do Donald Trump, the Morgan Supersport and Britain’s best-selling brand of yeast extract have in common? Answer: they all polarise people, like taking a pick-axe to the pie chart of public opinion. So, you will either love how the Supersport looks or you absolutely won’t. Sitting on the fence is seemingly not an [...]
Neil Woodford: ‘I could not have been more transparent’ June 5, 2025 Neil Woodford has denied misleading investors over the contents of his collapsed investment fund, insisting that he “could not have been more transparent” to his thousands of retail shareholders. Speaking exclusively to City AM, Woodford said he regularly published information on his fund’s portfolio and his investment strategy prior to its implosion, arguing that the [...]
Foreign companies drive £19bn M&A surge as UK firms ‘attractively valued’ June 3, 2025 Takeovers of British firms reached the highest level in nearly three years as several multi-billion pound transactions made by foreign companies pushed up the value of mergers and acquisitions (M&A), official data has shown. Inward M&A deals in the first three months of the year exceeded £19bn, nearly four times that seen in the last [...]
Google is getting AI wrong June 3, 2025 Google’s AI strategy, though technically impressive, lacks the cohesive vision, enterprise-grade stability, and governance needed to earn long-term trust from businesses navigating the AI era, says Paul Armstrong Google’s I/O 2025 event was a spectacle of AI announcements, unveiling more than 100 updates across its product ecosystem. From the introduction of Veo 3, a generative [...]
Mortgage lending plummets in April as estate agents cross fingers for rate cut June 2, 2025 Mortgage lending dropped in April after the market ‘reset’ following the end of the stamp duty holiday, according to new figures. Net borrowing of mortgage debt decreased sharply by £13.7bn to -£0.8bn in April, according to the Bank of England’s latest data. Net mortgage approvals for house purchases also fell for the third consecutive month, [...]
Valterra Platinum: Shares rise on London debut after Anglo American demerger June 2, 2025 Shares in Valterra Platinum rose on Monday in a positive start to the mining company’s London debut following its $11bn demerger from Anglo American. The secondary London listing, in which shares nudged up 1.8 per cent at the end of the first day’s trading, follows an earlier primary listing in Johannesburg. Valterra’s London-listed shares have [...]