Virgin Atlantic uses Heathrow slots as collateral for $745m Apollo loan November 13, 2025 Virgin Atlantic has borrowed $745m (£564m) from alternatives giant Apollo in a groundbreaking private credit deal that will see the airline use the value of its landing slots at Heathrow as collateral. Virgin said it would use the funds to pay down a legacy debt and make upgrades worth hundreds of millions of pounds to [...]
Checking into the real White Lotus season 3 hotel in Thailand November 13, 2025 It had been an ordinary day of filming on The White Lotus season three at the Four Seasons Koh Samui, Thailand, until staff noticed two intruders with bleeding feet approaching the set, climbing over the dangerous rocks dividing the resort from the swathes of jungle. “I saw them coming by chance, with bleeding toes,” remembers [...]
HSBC on hunt for new Europe chief after top boss departs November 13, 2025 HSBC is on the new hunt for a new top boss at its continental Europe arm with its current chief set to depart at the end of the year. Europe’s largest lender said on Thursday that Andrew Wild would exit his role after nearly four years due to family reasons. Wild first joined the bank [...]
Crystal Palace: Steve Parish casts doubt on long-term future and eyes return to Adland November 13, 2025 Crystal Palace chairman Steve Parish has cast doubt on his long-term future in football, revealing that he is tempted by a return to the advertising industry. Parish, 60, made his fortune with marketing production company Tag Worldwide before leading a consortium of wealthy Palace fans who rescued the club from administration in 2010. Subsequent stake [...]
Crispin Odey places gold investment firm into liquidation November 13, 2025 Disgraced financier Crispin Odey has placed a gold investment firm he controlled into liquidation, City AM can reveal. Tri-Star Resources, which owned a stake in an antimony and gold production facility in Oman known as SPMP, is to be wound up amid “serious concerns” over the viability of the project. Odey was the sole director [...]
Will the Budget push the economy off the cliff? November 13, 2025 Downing Street is in chaos and the economy has flatlined. Now, with just a couple of weeks to go until we find out what’s really in Rachel Reeves’ Budget, Britain’s bosses are getting restless. It used to be the case that Chancellor’s went quiet in the run-up to a Budget, keeping their powder dry and [...]
REPLY: The Board of Directors Approves the Quarterly Financial Report as of 30 September 2025 November 13, 2025 All economic indicators have substantially improved: Consolidated turnover of €1,819.8 million (1,669.6 as at 30 September 2024) EBITDA of €335.5 million (275.5 as at 30 September 2024) EBIT of €281.0 million (224.2 as at 30 September 2024) Pre-tax profit of €268.1 million (216.0 as at 30 September 2024) Positive Net Financial Position of €423.1 million.
Cyber roles demand soars as UK firms scramble to plug skills gap November 13, 2025 Demand for cybersecurity training across UK businesses has surged following a wave of cyberattacks on major firms and public bodies, as employers scramble to strengthen defences ahead of new government rules. The rise in attacks, including one that crippled Jaguar Land Rover’s operations earlier this year, has coincided with a sharp rise in firms seeking [...]
Zilch boss shrugs off Klarna’s stock loss after fresh funding round November 13, 2025 The boss of one of London’s most hotly-anticipated fintech listings has shrugged off the recent stock fall of Klarna after securing a fresh funding round. Philip Belamant, the chief executive of consumer payments platform Zilch, told City AM “there’s always a bit of downward pressure” when asked whether Klarna’s recent stock tumble raised any concerns [...]
Reeves to put brakes on Cycle to Work scheme in blow to City November 13, 2025 Chancellor Rachel Reeves could slam the brakes on the Cycle to Work scheme at the upcoming Budget in a blow to City commuters, it has been reported. The Chancellor is expected to cut tax benefits on salary sacrifice schemes, including in the buying of expensive bikes, according to a report in the Financial Times. “Cycle [...]