Home Office contractor proposes investor visa for ‘business angels’ September 2, 2025 A Home Office contractor has put forward plans for an investor visa to be re-introduced as advisers claimed a targeted entry route for wealthy foreign nationals would be “dramatically beneficial” for the UK economy. Envestors, an investment service that assesses entrepreneurs applying to enter the UK via the innovator founder visa, has argued that a [...]
From fake AI journalism to very real lives: An anatomy of a scoop September 2, 2025 Last week I wrote a wild story that began with an AI-generated pitch about warring London chicken shops and ended with a video call to Nairobi with the man who had willed it into existence. Wilson Kaharua – working under the alias Joseph Wales – was not a criminal mastermind but a small-time SEO writer [...]
Jaguar Land Rover hit by cyber attack forcing production shutdown at UK plant September 2, 2025 Jaguar Land Rover (JLR) has been forced to halt production and retail operations after a cyber attack disrupted its global IT systems, with staff at its plant on Merseyside told not to report to work. The incident prompted the UK’s biggest carmaker to take its systems offline as a precaution. In a statement, JLR said [...]
Apollo Global Management to launch £3.75bn sport investment vehicle September 2, 2025 New York-based Apollo Global Management is reportedly planning to launch a £3.75bn investment vehicle focused on sport. The firm, which has around £600bn in assets under management, is set to invest permanent capital into sport for the first time with the new fund. Having previously held talks with LaLiga club Atletico Madrid about acquiring a [...]
Zoe Hamburger leaves McDonald’s UK&I as successor named September 2, 2025 After 18 months of maybe the UK’s best case of nominative determinism, Zoe Hamburger has stepped down from her senior role at the UK arm of McDonald’s. Hamburger joined the McDonald’s UK senior leadership team as chief restaurant officer in March 2024. In that role she was responsible for the operational restaurant business, including delivery, [...]
Klarna confirms second hit at New York listing in snub to London September 2, 2025 Swedish fintech unicorn Klarna has launched its second hit at a listing on the New York Stock Exchange after its initial attempt was derailed by President Donald Trump’s tariff onslaught. The buy now, pay later giant said its IPO price is expected to be between $35 and $37 per ordinary share and hopes to raise [...]
Employment Bill sparks SME fear over costs and red tape September 2, 2025 Small and medium-sized enterprises (SMEs) have voiced growing concerns over the government’s sweeping Employment Rights Bill, warning that the reforms could place a disproportionate strain on firms already grappling with rising costs and a challenging economic climate. The legislation, billed as the most significant upgrade to workplace protections in a generation, is due for its third reading [...]
Premier League clubs spend more than European rivals combined September 2, 2025 Premier League clubs highlighted the growing financial gap between English football and its rivals during the summer transfer window, spending more than the other members of the so-called Big Five combined. Teams collectively spent £3bn gross, a record sum for the division and 51 per cent of the aggregate total invested by the Big Five, [...]
British and Irish Lions tour clears £30m Rugby Australia debt September 2, 2025 Revenue generated by the British and Irish Lions rugby tour to Australia has helped the hosts to be debt-free for the first time since 2021. The nine-match, three-Test tour Down Under allowed Rugby Australia to pay off the £30m it owed Pacific Equity Partners having taken out a £39m loan in 2023. It is the [...]
Muller recovers from huge loss to make profit return September 2, 2025 The UK and Ireland arm of dairy giant Muller has returned to profit after recovering from a huge loss in 2023, it has been confirmed. The Shropshire-headquartered division of the German group has posted a pre-tax profit of £34.3m for 2024, new accounts filed with Companies House show. That comes after Muller fell to a pre-tax [...]