‘It’s risky to be in the UK’ – Cleo founder on unicorn status and City regulation September 30, 2025 Nine years ago entrepreneur Matt Clifford took a data scientist to a “terrible pub” to convince him to drop his PhD and create his own start-up. “You may as well just take the risk, the biggest risk is not taking the risk,” Clifford told a young Barney Hussey-Yeo. Almost a decade later in 2025, Hussey-Yeo [...]
Deloitte: Profit up despite revenue slip amid ‘tougher market’ September 30, 2025 Profit at the UK arm of Big Four giant Deloitte rose during its latest financial year despite its revenue falling as it made “changes” to its structure. For the year to 31 May, 2025, Deloitte posted a revenue of £5.68bn, down from the £5.75bn it raked in during the prior 12 months. However, despite the [...]
Europe’s Ryder Cup drama draws 5m UK viewers on Sky Sports September 29, 2025 Europe’s nail-biting Ryder Cup triumph at Bethpage Black pulled in 5m UK viewers across three days of coverage on Sky Sports, the broadcaster said. Average viewing was up 45 per cent on the last Ryder Cup in Rome two years ago, while the audience for Sunday’s final session peaked at 24 per cent higher than [...]
Will we mourn the loss of WH Smith from the high street? September 29, 2025 So long then, WH Smith, a firm which has graced our high streets for more than a century – even though it never intended to. Founded as a small newspaper kiosk in Mayfair in 1792, the business grew massively in the mid-19th century, spurred by the rapid expansion of the railways, which allowed consumers up [...]
Roblox: Hugely popular gaming platform surges in value September 29, 2025 Gaming platform Roblox surged in value in the UK in 2024 as it extended its popularity among Gen Alpha. The business, which is the most popular in the UK among young gamers aged eight to 12, is part of the wider US group founded by CEO David Baszucki and Erik Cassel. Roblox has more monthly [...]
Usain Bolt: Family, positivity, and my surprising career change September 29, 2025 What does the fastest man in the world do when he slows down? For the cover of City AM Magazine, Autumn edition, Usain Bolt talks to Sam Kessler about his unrecognisable new life On 16 August 2009, the world record for the 100m sprint was set at 9.58 seconds at the World Championships in Berlin. [...]
Wingstop creates 1,000 UK jobs as sales and profit jump September 29, 2025 Wingstop has created 1,000 jobs in the UK as its sales and profit surged before being taken over, it has been revealed. The UK franchise of the US restaurant chain increased its headcount from 1,230 to 2,216 during the nine months to the end of 2024, new accounts filed with Companies House show. Its turnover [...]
UK veterans drive defence tech boom September 29, 2025 Defence tech startups are booming across Europe, powered by an influx of UK military veterans and record levels of VC investment. Yet, a new report found critical gaps in space tech and AI chips could leave the country exposed. The State of Defence Tech 2025 report has revealed that defence startups have secured $1.5bn (£1.12bn) [...]
Astrazeneca to ‘upgrade’ US listing in latest blow to London Stock Exchange September 29, 2025 Astrazeneca has laid out plans aimed at “upgrading” its US listing in the latest blow to the London Stock Exchange. The Cambridge-based pharma giant said it would replace its existing Nasdaq listing of American Depositary Receipts (ADRs), a type of listing for trading overseas shares, with a direct listing of ordinary shares on the New [...]
LadBible founder rakes in over £40m as shares rise September 29, 2025 The chief executive and co-founder of LadBible has raked in more than £40m through his investment vehicle which is a major shareholder in the online publisher. Alexander “Solly” Solomou set up the Manchester-based company in 2012 alongside Arian Kalantari. The group floated on the London Stock Exchange’s AIM at the end of 2021 while its [...]