Meet the woman trying to fix hospitality’s toxic kitchen culture November 3, 2026 Can a company backed by some of hospitality’s biggest names push the industry to clean up its act, asks Carys Sharkey This autumn some of the most influential figures in London’s hospitality scene gathered to discuss the issues hitting the industry. But for once, cost pressures weren’t top of the agenda. Instead, chefs and restaurateurs [...]
UK ‘risks losing quantum champions’ without government backing November 3, 2026 Britain risks losing its remaining homegrown quantum computing companies to overseas rivals within two years unless ministers step up investment and prioritise British tech, the boss of Universal Quantum has warned. Sebastian Weidt, chief executive and co-founder of the Sussex-based quantum startup, told City AM that the government’s decisions over the coming months would determine [...]
Alkermes plc Reports Third Quarter 2026 Financial Results November 3, 2026 Alkermes plc (Nasdaq: ALKS) today reported financial results for the quarter ended September 30, 2026. To view the detailed third quarter 2026 earnings press release and presentation, please visit the company’s investor relations website at https://investor.alkermes.com. Alkermes will host a conference call and webcast presentation at 8:00 a.m. ET (1:00 p.m. GMT) today, to discuss [...]
Private workers to get guaranteed pension income for life in bid to close savings gap November 3, 2026 Private sector workers are set to be given access to guaranteed pension income for life, as the government aims to close the retirement savings gap between the public and private sector. Under new plans set out by pensions minister Torsten Bell on Tuesday, providers will be required to offer workers an annual income as standard [...]
Mortgage squeeze looms for millions as more families ‘financially strained’ November 3, 2026 More people are feeling a financial strain than at any other time in the last two years, polling has shown, with a rise in mortgage bills set to put household budgets under greater pressure. New City AM/Freshwater Strategy polling has suggested that half of mortgage holders will come off fixed-rate deals by the end of [...]
Virgin Media O2 confirms thousands of UK job cuts in £800m cost-cutting drive November 3, 2026 Virgin Media O2 has confirmed plans to slash thousands of jobs in the UK under a push to cut its cost base by around £800m, as it grapples with firmer competition and “paradoxical” regulation in the fibre market. The telecoms giant said around £300m of the total savings would come from cutting its 16,000-strong workforce [...]
Barclays begins early motor finance payouts as FCA sets ground rules November 3, 2026 Barclays will begin offering payouts to motor finance consumers ahead of the forthcoming legal battle after the City watchdog introduced its “minimum expectations” for lenders wishing to settle early. The bank said it would make payments using the Financial Conduct Authority’s (FCA) redress scheme methodology and acceptance would be optional. Once a consumer accepts the [...]
Prem Rugby champions Northampton Saints cut losses amid investment talks November 3, 2026 Losses at Prem Rugby champions Northampton Saints halved last season as the Midlands club enjoyed a surge in turnover. The team, who won their second Prem Rugby title in three years in May, cut losses for last season to £932,000, down from £1.83m the year prior. Results released by Northampton Saints this morning cited a [...]
Asda hands reins to former Morrisons boss in turnaround push November 3, 2026 Asda has named a former Morrisons boss as its new chief executive as the embattled grocer looks to accelerate its turnaround efforts. David Potts, who also spent four decades with Tesco, will take over the reins with immediate effect, prompting veteran boss Allan Leighton to step back into a non-executive chairman role two years after [...]
Hugo Boss outlook worsens after Mike Ashley’s Frasers takes control November 3, 2026 Hugo Boss has cut its outlook for sales and profit in the face of weakening consumer demand, just days after Mike Ashley’s Frasers Group took control of the German fashion house. The luxury retailer had been expecting its performance to take a hit from its turnaround plan but told shareholders this has been worsened by [...]