Tesco boss warns Reeves that ‘enough’s enough’ ahead of Budget October 2, 2025 Tesco boss Ken Murphy has warned Rachel Reeves that business will struggle to absorb more costs as fears rise of another tax raid in this Budget. UK retailers were hit by higher labour costs after an increase in the minimum wage and employer’s national insurance costs this April, after changes made at last October’s budget [...]
Rubber ducks are everywhere – it’s the UK’s strangest new trend October 2, 2025 Have you been handed a rubber duck by a stranger? Adam Bloodworth explores the latest way people are forging new IRL connections in this piece from City AM The Magazine‘s Autumn edition “We were at a festival when two girls I’d never met tapped me on the shoulder and handed me something,” says Aggie Morris, [...]
Premier League spending not suffocating Europe, insists chief October 2, 2025 Premier League chief executive Richard Masters has denied English clubs’ unprecedented spending in the summer transfer window is “suffocating” rival football leagues. The 20 Premier League clubs spent £3bn over the summer, smashing all records for a transfer window. Their net spend was £1.2bn. This splurge was led by Liverpool, who spent over £400m, while [...]
Michael Vaughan: This is how England can win back the Ashes October 2, 2025 Michael Vaughan has revealed how England can win back the Ashes this winter as he declared their Australian opposition “not a great team”. The former England captain, who led his side to victory in the iconic 2005 Ashes test series, outlined his blueprint of how to win Down Under. Ben Stokes’s side will take on [...]
Thames Water creditors offer £4bn debt write-off October 2, 2025 Creditors of Thames Water have made a rescue offer for the failing company by allowing a £4bn write-off of their debt in return for changed targets on pollution incidents. The deal would see 25 per cent of Thames Water’s debt written off but the group, under the consortium London & Valley Water, would see regulators [...]
Shawbrook gearing up for £2bn IPO in boost to London market October 2, 2025 Specialist lender Shawbrook is preparing to announce intention of its London Stock Exchange debut – a move which could take place as soon as Thursday next week. Shawbrook’s private equity owner – Pollen Street Capital – is eying a £2bn valuation for the firm from the transaction. It comes amid a dire outlook for the [...]
Sky back in profit ahead of cutting 900 UK jobs October 2, 2025 Media and telecoms giant Sky recovered from losing almost £800m to return to the black in 2024 before preparing to cut hundreds of jobs. Sky, which was bought by the US media company Comcast for £30bn in 2018, has posted a pre-tax profit of £253m for its latest financial year. The total comes after Sky fell [...]
“I’m Not Starting Over. I’m Levelling Up”: Why A CEO Chose To Do The Bayes Executive MBA October 2, 2025 For many senior professionals, the decision to return to the classroom is not about starting over, but about staying ahead. That’s exactly how Domenica Di Lieto, CEO and Executive MBA student at Bayes Business School, describes her experience. Now entering her second year of the programme, she reflects on the international opportunities, real-world applications, and [...]
New Balance: UK sales pass £1bn for the first time October 2, 2025 Sales at the UK arm of New Balance have surged to more than £1bn for the first time, it has been revealed. The Cheshire-headquartered division has posted a turnover of £1.02bn for 2024, new accounts filed with Companies House show. The total is up from the £882.1m it achieved in 2023, the £679.7m it posted [...]
Wagamama owner sheds 2,000 jobs as losses widen October 2, 2025 The owner of Wagamama shed more than 2,000 jobs as its losses widened during its latest financial year, it has been revealed. The Restaurant Group, whose other major brand is Brunning & Price, has posted a pre-tax loss of £32.2m for 2024, new accounts filed with Companies House show. The total comes after the business [...]