THG sells flavour lab Claremont for £103m August 6, 2025 THG, the London-listed firm behind fitness supplement brand Myprotein, has announced the sale of flavour manufacturing and development lab Claremont. The company will sell Claremont for £103m to international flavour specialist, Nactarome Group, having purchased the business for £52m in late 2020. City AM is part of THG Ingenuity, which was demerged from THG at the [...]
All3Media: Losses balloon at The Traitors maker amid £100m hit August 6, 2025 Losses have ballooned at the production giant behind the likes of The Traitors, Race Across the World and Gogglebox as its revenue slumped by almost £100m, it has been revealed. All3Media has reported a pre-tax loss of £113.5m for 2024, after also posting a loss of £27.8m in 2023. New accounts filed with Companies House [...]
Wealth exodus ramps up as bosses quit UK August 6, 2025 A wave of company directors have left the UK since the government unveiled a host of punitive tax rises on the wealthy at its maiden Budget last autumn, exacerbating fears that a wealth exodus of Britain’s most affluent residents is afoot. According to an analysis of Companies House data, 3,790 company directors removed Britain as [...]
UK Heatwave 2.0: 8 best London restaurants with outdoor dining terraces for summer August 6, 2025 These London restaurants have new outdoor dining terraces ready for summer Right then, it’s blistering. The sun is showing up – probably temporarily – so it’s imperative to get outside and celebrate while this UV onslaught lasts. A range of new terraces have launched in time for social season, so no matter your vibe, here [...]
Hiscox shares jump after firm lifts buyback despite wildfire losses August 6, 2025 Shares in Lloyd’s of London insurer Hiscox jumped more than 10 per cent in early deals this morning after the company hiked its share buyback. Overall, the group posted a slight fall in interim profit as wildfire claims hit its reinsurance division, but the group increased capital returns on the back of substantial investment income. [...]
Glencore shelves plans to move primary listing from London August 6, 2025 Glencore has scrapped plans to move its primary listing from London as part of a major overhaul to reverse its declining share price and stuttering production. Boss Gary Nagle confirmed on Wednesday the Anglo-Swiss commodities juggernaut was no longer assessing whether to move its main listing to New York, telling reporters it decided the move [...]
Birmingham Phoenix tee up Castore as Hundred teams ditch New Balance August 6, 2025 Birmingham Phoenix have agreed a kit deal with Castore for next season, with The Hundred’s long-term apparel supplier, New Balance, increasingly being phased out by the franchises that are under new ownership. City AM revealed last week that London Spirit are also dropping New Balance after the current campaign, with their new co-owners, Cricket Investor [...]
Zempler Bank grows profit on the back of high interest rates August 6, 2025 Zempler Bank has recorded its third consecutive year of profitability after a cheering jump in customer deposits and a strong performance in interest income. The UK fintech – formerly known as Cashplus – recorded a 58 per cent leap in pre-tax profit to £5.2m for the year ending March 31 2025. It comes as deposits [...]
Osteria Angelina: Whisper it – could fusion food be back? August 5, 2025 Osteria Angelina | Nicholls Clarke Yard, E1 6SH | ★★★★★ In the 15 years I’ve been writing about restaurants, few people have dared to drop the f-bomb. I’m not talking about sweary chefs mouthing off about a bad review (that’s happened a few times). No, I’m referring to a concept that is – should you [...]
Labour urged to come clean on exit tax August 5, 2025 Labour ministers have been urged to clarify whether the government will introduce an exit tax as Tax Policy Associates chief Dan Neidle warned rumours could be “damaging” for the UK economy. Chancellor Rachel Reeves looks poised to raise more than £20bn in taxes later this year amid a shortfall in the fiscal headroom left by [...]