Fashion giant Zara holds a mirror up to retail disruption January 5, 2026 Zara is on a mission to be more digital. From AI generated models, to reduced production timelines, to a new AI-powered virtual try-on feature, the moves point to a wider shift within the sector. The Spanish retail giant has spent the last few weeks modernising its strategy, fully embracing AI adoption to cut costs and [...]
Triumph: Profit almost wiped out at iconic motorcycles maker January 5, 2026 Profit at iconic motorcycles maker Triumph has almost been wiped out thanks to US President Donald Trump’s trade tariffs and the cost-of-living crisis. The Derbyshire-headquartered business, which is owned by billionaire John Bloor, has posted a pre-tax profit of £2.2m for the year to 30 June, 2025. That figure is down significantly from the pre-tax [...]
The UK’s first ever reality TV show stranded people on a remote island for an entire year January 5, 2026 25 years ago the UK’s first ever fish-out-of-water reality TV show launched. Castaway 2000 stranded dozens of people on a remote Scottish island – its astonishing scope inspired shows like Big Brother, finds Adam Bloodworth. Photos by Simon Roberts It was a sunny autumn day in 1998 when TV producer Chris Kelly arrived at the [...]
Nissan loses £888m as major recovery plan accelerates January 5, 2026 The UK arm of car giant Nissan lost £888m during its latest financial year ahead of a major recovery plan taking effect, it has been revealed. The Sunderland-headquartered business has posted the pre-tax loss which is up significantly from the £67m it lost in the prior 12 months. Nissan said its latest accounts, filed with [...]
Ruben Amorim sacked: £20m cost of Manchester United’s failed experiment January 5, 2026 Manchester United have sacked manager Ruben Amorim, concluding a failed experiment which has cost the cash-strapped club around £20m in compensation. Amorim was relieved of his duties on Monday morning, less than 24 hours after publicly issuing a demand for more control of affairs at United in the wake of a 1-1 draw with Leeds [...]
Auction Tech fends off 11 takeover bids from largest shareholder January 5, 2026 Digital marketplace Auction Technology Group has fended off 11 hostile takeover bids from its largest shareholder. The London-listed tech firm said on Monday it had dismissed the latest offer from investment giant FitzWalter Capital, which valued ATG at 360p per share. ATG said the bid – which was received on 23 December – “fundamentally undervalued” [...]
Andy Murray’s luxury hotel returns to profit after losing over £1m January 5, 2026 The five-star hotel owned by Sir Andy Murray returned to profit during its latest financial year, it has been revealed. The firm behind Cromlix Hotel, which is located near the two-time Wimbledon champion’s hometown of Dunblane in Scotland, has posted a profit of £193,379 for the year to 31 March, 2025. The profit has been confirmed [...]
LBC owner loses £140m despite revenue marching towards £1bn January 5, 2026 Global, the media giant behind the likes of radio stations LBC, Capital and Heart, lost £140m during its latest financial year despite its revenue continuing its march towards £1bn. The London-headquartered business, which also includes Smooth, Radio X and Classic FM, has reported its latest pre-tax loss after also losing £120.3m in the prior 12 [...]
Used car marketplace Motorway takes out £25m loan after losses widen January 5, 2026 Motorway has agreed a fresh £25m loan after the online car marketplace reported widening losses. The London-based tech firm, which hit a valuation of over $1bn in a 2021 funding round, said it secured the loan one day before Christmas Eve, with £15m having already been drawn down by the end of the year. The [...]
Betfred rakes in £1.5bn as founders enjoy jackpot payday January 5, 2026 The billionaire brothers who founded Betfred have shared a bumper payday after the betting giant raked in almost £1.5bn. The Warrington-headquartered business has posted a turnover of £1.45bn for the 78 weeks to 30 March, 2025. New accounts filed with Companies House also show Betfred made a pre-tax profit of £188.6m over the same period. [...]