Meet the team ‘churning out’ authentic Vietnamese food in the Square Mile September 17, 2025 We speak to the finalists for our first ever Toast the City Awards, celebrating the very best of the Square Mile’s culture. Banh Mi Keu Deli City’s Vietnamese food is nominated twice – so it must be great! Why do you deserve to win a coveted Slice of Toast?For almost 30 years, we have been [...]
Manchester United record sixth consecutive loss despite cuts September 17, 2025 Manchester United have reported a loss for the sixth consecutive year although their financial performance did improve in 2024-25 thanks to record revenue of £666.5m. United made a net loss of £33m, taking the club’s total losses to £391m since 2019-20, although that was markedly down on the previous year’s £131m deficit. Revenue grew by [...]
The Dominican Republic hotel where half the rooms have private pools September 17, 2025 The Eden Roc on the Dominican Republic’s luxurious Cap Cana is nirvana for those who love golf and cigars, which is about as overlapping as Venn diagrams get. I spent the whole time trying not to get ash on my shorts as I practiced my swing. Personally, I enjoy a cigar but it has to [...]
Grenade: Profit at protein bars brand wiped out September 17, 2025 Protein bars brand Grenade has slumped into the red after its sales were slashed and it diverted funds into investment projects. The business, which is owned by Mondelēz International, has reported a pre-tax loss of £237,763 for 2024 after having made a profit of £12.1m in the prior 12 months. New accounts filed with Companies [...]
Lord Alan Sugar sells part of empire to media giant Bauer September 17, 2025 Lord Alan Sugar has sold a part of his business empire to one of the largest media giants in the country. Amscreen, which produces digital signage, has been taken over by Bauer Media Group, according to new filings with Companies House. The division formed part of Lord Sugar’s Amshold Group and is headquartered in Bolton, Lancashire. [...]
Stanhope and Cheyne buy ‘landmark’ South Bank office development September 17, 2025 Asset manager Stanhope and fund manager Cheyne have bought a ‘landmark’ office development on London’s South Bank with a gross development value of £450m. Construction on the already-demolished Row One site, which totals 250,000sq ft, is expected to start as soon as next year and be completed in 2028. Joe Binns, head of investment at Stanhope, called the acquisition [...]
Asda-owned Leon cuts hundreds of jobs as work from home trend bites September 17, 2025 Leon has axed hundreds of jobs as it bemoaned a “challenging” year in which it wrestled with high cost inflation and depressed customer spending. The Asda-owned fast-food chain cut its headcount by 17 per cent, or 224, to 1,120 over the course of 2024, its latest accounts show, as it sought to bear down on [...]
Like Covid, we ignore AI exponentials at our peril September 17, 2025 The Notebook: Where the City’s movers and shakers have their say. Today, it’s Marc Warner, chief executive of AI firm Faculty It’s February 2020. A little known disease called coronavirus is spreading exponentially. It seemed early to act – but before long, the NHS risked being overwhelmed and lockdown was unavoidable. It’s almost a cliche [...]
Titanic Quarter sinks further into the red as losses mount September 17, 2025 Losses at a string of companies related to the landmark Titanic Quarter development in Belfast have widened during their latest financial years, new documents show. The companies, which are controlled by businessmen Dermot Desmond and Pat Doherty, are all involved in the development of the 161.5-acre site. Belfast’s Titanic Quarter is home to more than 100 companies with [...]
Temu: UK sales and profit double as Shein court battle looms September 17, 2025 Sales and profit at the UK arm of Chinese online marketplace Temu almost doubled during its latest financial year, it has been revealed. For 2024, the division achieved a revenue of $63.2m (£46.3m), up from the $32.1m it achieved in 2023. New accounts filed with Companies House also show its pre-tax profit jumped from $2m [...]