Labour’s EV and heat pump push is paving a path to bankruptcy April 26, 2025 Labour's push for EVs and heat pumps fail to account for a crucial detail - reality, says the IEA's Matthew Bowles.
Argentex agrees to IFX takeover as boss steps down April 25, 2025 Currency management firm Argentex confirmed on Friday it had agreed to a takeover by IFX Payments just hours after its chief executive exited the company. IFX will pay 2.49 pence per share in the takeover deal, which values Argentex at near £3m. The company will also provide the AIM-listed firm with secured bridge funding of [...]
Mobico: National Express owner’s school bus deal leaves much to be desired April 25, 2025 National Express owner Mobico has at long last agreed a deal to flog off its struggling North American school bus division. The London-listed bus and coach firm on Friday unveiled plans for a £457m sale to the US infrastructure investor, I Squared Capital. Its school bus segment had weighed on shares since the pandemic amid [...]
M&S: FTSE 100 shares slump as online orders stopped April 25, 2025 Shares in FTSE 100 giant Marks and Spencer (M&S) slumped this afternoon as the retailer stopped taking online orders because of an ongoing cyber attack. The London-listed company confirmed earlier this afternoon that it had made the decision not to take any more orders through its website and app because of the cyber attack – [...]
M&S stops taking online orders as cyber attack rages on April 25, 2025 Marks and Spencer (M&S) has stopped taking orders through its website and app as its battle against a cyber attack rages on. The company added that some of its international websites have also paused taking orders. The FTSE 100 retailer had previously said the incident, which was disclosed to the public on Tuesday, had impacted contactless [...]
London faces connectivity crunch as 3G retires and 5G stalls April 25, 2025 As Virgin Media O2 prepares to begin its nationwide 3G shutdown this summer, serious questions are emerging about the state of the UK’s mobile infrastructure. While the move is part of a broader strategy to transition users to faster 4G and 5G networks, industry experts warn that the country’s digital resilience is far from guaranteed. [...]
Bukayo Saka: Arsenal star’s image rights company doubles earnings April 25, 2025 A company set up to manage Arsenal and England forward Bukayo Saka’s image rights more than doubled in value last year. Income at BS7 Rights Limited, which is run by his parents Adenike Saka and Hamed Saka, increased from £2.30m to £4.64m in 2024. The sharp rise came after Saka signed a new contract at [...]
Rolls-Royce’s FTSE 100 shares near complete recovery after tariffs shock April 25, 2025 Shares in FTSE 100 giant Rolls-Royce have surged to their highest value since US President Donald Trump shocked global markets with his trade tariffs. The Derby-headquartered group has seen a spike in its share price of almost two per cent in early trading on Friday morning, continuing a recovery which started on 7 April. The [...]
I quit the City of London and created £1bn Castore empire April 25, 2025 Cast your eye over the numerous growth lists that get churned out multiple times a year and there is one name that keeps cropping up towards the sharp end – Castore. The Manchester-headquartered brand has been on a skyrocketing journey since being founded by two Merseyside brothers in 2016. But Tom Beahon, who shares CEO [...]
TNT Sports loses almost £190m since BT Sport rebrand April 25, 2025 TNT Sports, the broadcasting giant co-owned by BT and Warner Bros Discovery, lost almost £190m during its latest financial year, it has been revealed. The business, which rebranded from BT Sport in 2023, has posted a pre-tax loss of £187.5m for the 12 months to 31 July, 2024, new accounts filed with Companies House show. [...]