Shein shapes up for cut-price IPO as dominance slows August 31, 2026 Shein will list in Hong Kong this week in a cut-price initial public offering following two previous failed attempts in London and New York. The Chinese retailer will begin trading in Hong Kong on Tuesday in a debut set to value the firm at around $27bn (£19.8bn), about a quarter of its highest private-market valuation. [...]
Jaguar reveals the Type 01’s screen-free interior August 31, 2026 Jaguar has revealed the interior of its new Type 01 electric GT ahead of its October debut, with a four-seat cabin, panoramic glass roof and technology designed to disappear into the car. Jaguar has revealed the interior of its new Type 01 electric GT, giving the clearest look yet at the car that will lead [...]
Prince Harry’s courtroom defeat could drive up legal insurance premiums August 30, 2026 Prince Harry’s High Court defeat to the owner of the Daily Mail could send legal insurance premiums soaring, experts have warned, after the Duke and six other high-profile figures were left on the hook for an uninsured bill of £19m. The Duke of Sussex, Sir Elton John and his husband, David Furnish, actresses Liz Hurley [...]
Xenom: Hyrox and CrossFit mash-up backed by tech moguls set for London bow August 28, 2026 Fresh from providing the backdrop to elite padel’s London debut, Kensington Olympia is playing host this weekend to another sport with a rising participation base: Xenom. Xenom has been dubbed “Hyrox for CrossFitters” – like Hyrox, it has a set format designed to test many of the attributes honed in CrossFit and other functional fitness [...]
Venture heavyweights denounce government’s £1bn scale-up fund plans August 28, 2026 The government’s flagship £1bn scale-up fund will miss out on top deals and chalk up poor performance for its pensioner investors should ministers select a traditional firm to manage it over a specialist venture capital shop, a group of the UK’s top early-stage investors has warned. The industry heavyweights, who between them are early backers [...]
Asda in ‘foothills of recovery’ as grocer returns to growth August 28, 2026 Asda has posted sales growth for the first time in more than two years, marking a “major milestone” in the turnaround led by Allan Leighton on his comeback at the grocer. The discount supermarket saw like-for-like sales excluding fuel grow by 0.2 per cent in the seven weeks to mid-August. Like-for-like food sales jumped by [...]
October Budget could be a ‘tipping point,’ Asda boss warns Burnham August 28, 2026 Andy Burnham’s first Budget in October could be a “tipping point” for British businesses and the economy, the chair of supermarket giant Asda has warned. Allan Leighton, who is attempting to push through a turnaround of the grocer, said it is “too early to tell” whether the government is committed to halting the rise of [...]
Big-spending Chelsea sign up crypto firm Circle as shirt sponsor August 28, 2026 Chelsea have tapped the crypto industry in their search for a new main sponsor by agreeing a one-year front-of-shirt deal with Circle Internet Group. The New York-listed company is best known as the issuer of stablecoin USDC, which is pegged 1:1 to the US dollar and will also appear on the shirts of Chelsea’s men’s, [...]
Google to pay £260m to settle ‘unfair’ pricing class action lawsuit August 28, 2026 Google’s parent company, Alphabet, has agreed to pay £260m to settle a class action lawsuit that alleged the US company imposed “unfair and excessive” charges on app developers selling apps on the Google Play Store. The case, brought to the Competition Appeal Tribunal (CAT) by competition law professor Barry Rodger on behalf of UK app [...]
Inside Cristiano Ronaldo’s £20m car collection August 28, 2026 Cristiano Ronaldo has given fans another look at his extraordinary car collection, featuring rare Ferrari and Bugatti models, a Mercedes-AMG One and a McLaren Speedtail. Cristiano Ronaldo has offered fans another glimpse of his car collection, and the Al-Nassr star’s garage contains some of the most expensive and exclusive cars money can buy. The 41-year-old [...]