Anglian Water gets £500m boost after criminal investigations Business Anglian Water has received a £500m boost from its shareholders just days after it was revealed it is facing a raft of criminal investigations. The company, which operates in the East of England, is owned by the Osprey Consortium which is made up of Canada Pension Plan Investment Board, Colonial First State, Industry Funds Management and 3i. [...]
Cyber attacks: Co-op and Harrods ‘lacked insurance coverage’ insurance Luxury retailer Harrods and the Co-op did not have cyber insurance policies in place when the retailers were hit by hackers last month
Trump condemns UK net zero push Energy Donald Trump has publicly criticised the UK’s net zero policy, saying it is disincentivising oil drilling and needlessly inflating energy prices. In an unusual intervention, the US President said that the UK’s North Sea reserves still had “a century of drilling left”, which if tapped would help bring costs down, “and fast”. “I strongly recommend [...]
Trump threatens Apple with 25 per cent tariff on iPhones May 23, 2025 President Donald Trump issued a warning to Apple on Friday, threatening a 25 per cent tariff on iPhone sales made outside the US. In a Truth Social post, Trump wrote: “I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the US… be manufactured and built [...]
Lyles to defend 100m title at London Athletics Meet May 23, 2025 Paris 2024 gold medallist Noah Lyles will compete in the 100m at the London Athletics Meet in July. The American is the latest big name to confirm his place at the event, which will take place at West Ham United’s London Stadium. Lyles beat Kishane Thompson and Fred Kerley last year at the Stade de [...]
Bordeaux to edge Northampton in Cardiff Champions Cup thriller May 23, 2025 It’s that time of year again when rival fans pack into one of Europe’s great stadiums to watch the Investec Champions Cup final. This year it is Northampton Saints and Bordeaux Begles in the superb Principality Stadium in Cardiff. And what a final we’re in for. It’s an Anglo-French battle, a classic match-up from days [...]
Former PM David Cameron in job talks with law firm DLA Piper May 23, 2025 Former Prime Minister Lord David Cameron is discussing a job role with law firm DLA Piper
Telegraph bought by US private equity giant May 23, 2025 The Daily Telegraph is poised to be sold to an investment consortium led by a US private equity firm, bringing a likely end to two years of uncertainty over its ownership. Redbird Capital Partners, one half of the vehicle which first bought the broadsheet newspaper from Lloyds bank in 2023, is the lead investor in [...]
AJ Bell shares surge as investors give £3.3bn boost May 23, 2025 Shares in AJ Bell have leapt ten per cent after the London-listed firm posted a strong half year performance. The Salford-headquartered group’s assets under administration (AUA) have hit a new peak of £90.4bn, buoyed by investors injecting £3.3bn and the firm benefiting from £600m of favourable market movements. Revenue was up 17 per cent to [...]
Sexy Fish: Billionaire Richard Caring’s restaurant empire reveals losses May 23, 2025 Losses have been revealed for part of billionaire Richard Caring’s high-end restaurant empire, which includes the likes of Sexy Fish, as talks over a potential £1bn sale continue. The 2023 results for Caprice Holding, which also owns Scott’s and Bacchanalia, have only just been published, eight months after the Companies House deadline. The documents show [...]