Ironman inks record-breaking partnership with Experience Oman September 12, 2025 Triathlon brand Ironman has agreed what it believes to be the biggest commercial in the sport’s history with the tourist board of Oman. The five-year deal is understood to be worth more than $40m (£30m) and will see Experience Oman embark on a multi-faceted partnership with the race organiser. It will see Muscat host the [...]
Toyota’s UK profit almost wiped out amid ZEV mandate battle September 12, 2025 Toyota’s UK profit has almost been wiped out as the carmaker battled a decline in market share and compliance with the ZEV [Zero Emission Vehicle] mandate. The Surrey-headquartered division has posted a pre-tax profit of £462,000 for the 12 months to 31 March, 2025, down from the £11.5m it achieved in the prior year. New [...]
HMRC loses over £800m to small business ‘phoenixing’ September 12, 2025 HM Revenue & Customs (HMRC) has lost more than £800m – more than previously estimated – through a tax loophole open to abuse by small businesses in the UK. The practice, known as ‘phoenixing‘, is where companies are repeatedly liquidate then set up as a new, identical, debt-free business. The tax authority lost £836m to this [...]
Spotlight turns to FTSE 100 clients of Peter Mandelson’s advisory firm after government sacking September 12, 2025 After Peter Mandelson’s dramatic ousting from government over his close relationship with paedophile Jeffrey Epstein, the firms that chose to partner with his consultancy Global Counsel have come under the spotlight. More than two dozen major corporations hired Global Counsel to conduct lobbying services over the past two years, disclosures from the Office of the [...]
Universities are failing to train young people for the jobs of tomorrow September 12, 2025 Nearly 12 per cent of people on universal credit are graduates. It’s time our universities stepped up by training students for the jobs they, and the British economy, need, writes Jamila Robertson In response to a written question by shadow minister Neil’ O Brien, the UK Statistics Authority revealed that 11.9 per cent of those [...]
RML GT Hypercar 2025 review: pushing the Porsche 911 to its limit September 11, 2025 Does the world need another Porsche 911-based restomod? After all, that territory is already fought over by Singer Vehicle Design, Theon Design, Tuthill, Kalmar Automotive, Gunther Werks, Paul Stephens AutoArt, Ruf, Thornley Kelham and many more. The RML GT Hypercar, however, is far removed from a typical ‘backdated’ 964. With a current Porsche platform and [...]
Week in Business: Businesses flee high-tax Britain September 11, 2025 On the same day that Reeves said "there's no growth without investment", a pharma giant pulled its £1bn London investment plans.
Wicked: Record London show sales after film’s success September 11, 2025 The global box office success of the big screen adaptation of musical Wicked helped the London stage show rake in record ticket sales last year. The film, staring Cynthia Erivo and Ariana Grande, was released in November 2024 and generated more than $756m (£559.2m) worldwide off the back of a successful promotional tour. It was [...]
Chelsea face fine and transfer ban after FA issues 74 charges September 11, 2025 Chelsea face a large fine and a possible transfer ban after being charged with 74 breaches of agent regulations by the Football Association. The charges relate to a period spanning from 2009 to 2022, during Roman Abramovich’s ownership, and come after the club’s current regime raised the alarm about possible “incomplete financial reporting” following their [...]
Klarna could trigger a fintech IPO boom but can London benefit? September 11, 2025 Klarna’s hot debut on the New York Stock Exchange has opened the doors for a flood of fintech listings but analysts are raising concerns whether the London market can enjoy this new stream. The Swedish fintech unicorn’s stock popped 15 per cent from its IPO price of $40. Shares closed at $45.82 after raising $222m. [...]