HSBC taps KPMG veteran Brendan Nelson to chair banking giant December 3, 2025 Europe’s biggest lender, HSBC, has named a new chair following its tumultuous recruitment programme after the departure of Sir Mark Tucker. HSBC tapped KPMG veteran Brendan Nelson, who has also served on the boards of BP and Royal Bank of Scotland, as its new chair. Nelson joined the banking giant’s board in 2023 and has served [...]
City watchdog to lift motor finance complaints pause earlier than expected December 3, 2025 The City watchdog has lifted the cap on motor finance complaints following the landmark ruling from the Supreme Court over the summer. The Financial Conduct Authority said it would ditch the pause on complaints from 31 May 2026 – two months ahead of plan. In a letter sent to banking bosses, the FCA has also [...]
‘Why I’ve spent £50m to take my company global’ December 3, 2025 The chief executive of a travel company has revealed why he has decided to spend £50m on acquiring a Canadian counterpart. Steve Byrne, who leads Manchester-based Travel Counsellors, told City AM how his firm’s first international deal to buy The Travel Agent Next Door (TTAND) will help boost its growth on top of its planned [...]
Sheffield Wednesday: Joint bid could win £30m fight for crisis-hit club December 3, 2025 A number of the six bidders for Sheffield Wednesday are considering joining forces as competition to buy the Championship club hots up. Administrator Begbies Traynor has set an initial deadline of this Friday to begin exclusive negotiations with a preferred bidder, but with a number of credible offers on the table that timeline is likely [...]
NIKE, Inc. Announces Senior Leadership Changes to Accelerate “Win Now” Actions December 2, 2025 NIKE, Inc. (NYSE:NKE) today shared the following note with employees regarding changes to its Senior Leadership Team. // Team, I’d like to share some important changes to our Senior Leadership Team (SLT) that further remove layers and continue to bring us closer to athletes* and the marketplace. We’re establishing the role of EVP, Chief Operating [...]
ITV launches £80m bid for rugby’s Nations Championship December 2, 2025 Rugby union’s inaugural Nations Championship looks set to be shown on free-to-air television after ITV bid more than £80m. If successful, every Six Nations match and Nations Championship fixture will be terrestrial TV in the UK until at least 2029. The broadcaster has been in competition with TNT Sports, the early favourites to land the [...]
Unifyr Appoints Michael Kugler as CEO to Accelerate Global Scale, Enterprise Expansion, and AI-Driven Innovation December 2, 2025 Unifyr, the global leader in enterprise Partner Relationship Management (PRM), today announced the appointment of Michael Kugler as Chief Executive Officer (CEO). David Winkens assumes the role of Chief Operating Officer (COO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251202784758/en/ Kugler joins Unifyr following a number of successful management positions with a [...]
Hire process for Kogan to Independent Football Regulator like ‘mafia appointment’ December 2, 2025 The selection of David Kogan as chair of the Independent Football Regulator has been likened to a “mafia appointment in Sicily sometime in the 1950s” at a committee hearing in Parliament. Conservative MP Simon Hoare, chair of the Public Administration and Constitutional Affairs Committee, made the claim during a hearing discussing William Shawcross’s report into [...]
UK profit dips at BDO as partner numbers hit record December 2, 2025 Mid-market accountancy giant BDO has seen its profit slip, with the firm blaming challenging market conditions and a significant increase in partner headcount for the decline. BDO UK delivered stable revenues of just £1bn over 2025, a slight dip after becoming a £1bn-turnover firm last year. Profit per equity partner (PEP) fell over 13 per [...]
Government slashes rights to trial by jury in court shake-up December 2, 2025 Justice secretary David Lammy has confirmed his controversial plans to scrap some jury trials to tackle the nearly 80,000 criminal cases backlog. Speaking in the House of Commons, after a week of outrage following a leak of the plan, Lammy told MPs that he will “follow Sir Brian [Leveson]’s bold blueprint for change”, by creating [...]