Energy tycoon fires up UK gas storage project September 22, 2025 An Irish energy tycoon has revealed plans to build a new gas storage site in the Irish Sea that would boost the UK’s capacity by over 50 per cent. Tony O’Reilly Jr’s Dcarbonx, which is backed by gas infrastructure behemoth Snam, wants to redevelop a former gas site off the coast of Barrow-in-Furness as part [...]
Banking watchdog launches deregulation push as tax fears grow September 22, 2025 Britain’s banking watchdog has laid out plans to slash regulation across the industry in a bid to sweeten the sector’s operating environment. In fresh proposals hoping to cut the red tape on the sector, the PRA identified 37 “individual reporting templates” which have “overlapping and complex requirements” in a bid to ease the administrative cost [...]
Alien: Earth actor Sandra Yi Sencindiver shares her last meal on Earth September 22, 2025 Alien: Earth actor Sandra Yi Sencindiver tells us the story of her life through food, picking a final meal that includes Danish buns, Korean pancakes and fresh Thai mangosteen I had a bit of a rocky, colourful upbringing. I’ve had different mothers. I’ve lived in different countries. My adopted parents were an American man and [...]
Horner leaves Red Bull with £80m pay-off as F1 return touted September 22, 2025 Former Red Bull Racing team principal Christian Horner officially severed all ties with the Formula 1 team on Monday, insisting his two decades at the team had been “an honour and privilege”. Horner, married to Spice Girl Geri Halliwell, was sacked by the team in July and leaves the Milton Keynes outfit amid rumours he [...]
Motor finance: BMW sets aside over £200m for car mis-selling September 22, 2025 BMW’s UK car finance arm has set aside over £200m to cover a potential hit from the motor finance scandal. The firm joins a batch of British lenders and motor companies, which have been forced to prepare provisions with millions of drivers eligible for compensation. In July, the Supreme Court handed City banks a lukewarm [...]
Bowers & Wilkins cuts dozens of jobs after plunging to $8m loss September 22, 2025 Bowers & Wilkins has cut dozens of jobs after plunging to an $8m (£6m) loss despite seeing an upturn in sales, its latest accounts show. The premium headphone and speaker maker, which counts David Beckham among its brand ambassadors, has reduced its workforce by 14 per cent, with 50 production jobs going amid the introduction [...]
Podcast giant Acast’s UK losses slashed in half September 22, 2025 The UK arm of podcast giant Acast slashed its losses in half during its latest financial year, it has been revealed. The division is behind the likes of That Peter Crouch Podcast, Shagged Married Annoyed with Chris and Rosie Ramsey and Off Menu with Ed Gamble and James Acaster. New accounts filed with Companies House [...]
Lavazza: Profit doubles amid ‘unprecedented’ price rises September 22, 2025 Profit at coffee brand Lavazza doubled in the UK during its latest financial year as it battled “intense pressure” on its supply chain and “unprecedented” price rises. The Uxbridge-headquartered division has posted a pre-tax profit of £3.2m for 2024, up from the £1.5m it achieved in 2023. New accounts filed with Companies House also show [...]
Heinz: UK profit rockets despite ketchup and baked beans battles September 22, 2025 Profit has nearly doubled at the UK arm of Heinz despite “strong competition” from rivals to its sauces and beans categories. The London-headquartered division of the US giant has reported a pre-tax profit of £191.9m for 2024, according to new accounts filed with Companies House. The total is up from the £104.1m it achieved in [...]
Reddit: Revenue more than triples as UK profit jumps September 22, 2025 Revenue at the UK arm of Reddit more than tripled during its latest financial year as profit also surged, it has been revealed. The London-headquartered division has posted a revenue of £96.7m for 2024, new accounts filed with Companies House show. That total is up significantly from the £28.4m it posted for 2023. From 1 [...]