Richard Mille: Luxury Swiss watch brand’s sales tick past major milestone August 13, 2025 Sales at the Europe, Middle East and Africa arm of luxury Swiss watch brand Richard Mille have ticked past a major milestone as its growth streak continues. The London-headquartered division has posted a turnover of CHF 404.4m (£371.2m) for 2024, up from the CHF £378.7m it achieved in 2023. New accounts filed with Companies House [...]
Notting Hill Carnival: The Met is writing its own rules for live facial recognition August 13, 2025 With the Met primed to use live facial recognition tech at the upcoming Notting Hill Carnival, primary legislation is needed urgently.
Sir Rocco Forte enjoys record pay day after hotels empire deal August 13, 2025 The hotels group founded by Sir Rocco Forte has issued a record dividend for the first full year after Saudi Arabia’s Public Investment Fund (PIF) became a major shareholder. Rocco Forte Hotels has paid out dividends totalling £8.9m for the year to 30 April, 2025, to its shareholders. The international hotels group, which is headquartered in [...]
Spurs to play for £4.3m ahead of new Premier League season August 13, 2025 Tottenham Hotspur have the chance to bag €5m (£4.3m) in prize money as they face PSG in the Uefa Super Cup on Wednesday. Spurs are set to receive €4m (£3.4m) regardless of the result, but a win against the Ligue 1 champions would add an extra €1m (£0.8m) to the prize pot. The Uefa Super [...]
Shoe Zone shares booted as Labour’s budget tax raid weighs August 13, 2025 Footwear retailer Shoe Zone has slashed its profit target in half for the full-year citing an overhang from Rachel Reeves’ 2024 Autumn Budget. The London-listed firm said in a trading update on Wednesday it expects pre-tax profit for the financial year ending September 2025 to be around £2.5m. This marks a stark drop from previous [...]
Balfour Beatty receives profit boost from government contracts August 13, 2025 Infrastructure group Balfour Beatty recorded a jump in profit for the first half of the year after a bumper performance in its UK construction. The London-listed firm posted a £20m rise in pre-tax profit for the first six months of the year to £132m, up from £112m last year. It came as the business’ UK [...]
Kensington Roof Gardens plunges to £26m loss August 13, 2025 The company behind the revamped Kensington Roof Gardens suffered a £26m loss after the venue reopened as a private members’ club, its latest accounts reveal. The grade-II listed former nightclub, situated on London’s swanky Kensington High Street, unveiled plans to launch as a members’ club in February last year, offering annual memberships of up to [...]
Chanel chief Leena Nair joins Tech Titans investor group at London Spirit August 13, 2025 Chanel chief executive Leena Nair has joined the Tech Titans group of investors who now own 49 per cent of London Spirit. The British-Indian executive was at Lord’s last week for the first game of this year’s Hundred competition between Spirit and Oval Invincibles after reaching out to Nikesh Arora, the chief executive of Palo [...]
Crypto is all that’s propping up London’s miserly capital raising statistics August 13, 2025 After London’s capital markets suffered one of their quietest starts to the year in decades, brokers all had the same words on their lips: second-half. Everything will pick up in the second half, they said. You just wait and see. If the start of the second half is anything to go by, those brokers may [...]
Soho isn’t just for residents, so why do they get all the say? August 13, 2025 Soho could be a pedestrianised wonderland, but Nimbyism plus a council structure that disincentivises business is punishing all Londoners.