After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Netflix rakes in record UK profits as cost conscious Brits choose adverts August 8, 2025 A rise in Brits choosing Netflix’s advertising tier helped the streaming giant rake in record profits as its UK revenue jumped towards the £2bn mark, it has been revealed. The UK arm of the US giant has reported a pre-tax profit of £63m for 2024, up from the £60.6m it achieved in 2023 – the [...]
Companies cracking down on investment bank leaks August 8, 2025 Big companies are putting investment banks under pressure to cut back on the number of advisers working on UK takeover deals, as concerns about leaks grows. Several clients have asked banks to review the number of employees that have to be informed about live transactions in recent weeks. This stemmed from rising concerns among regulators [...]
Royal London profit rises after new business sales August 8, 2025 Royal London reported strong profit growth in the first half of the year after an increase in new business sales. The insurance company recorded a 15 per cent rise in pre-tax profit to £166m, compared to £144m in 2024, crediting its higher business sales and bulk purchase annuity buy ins. The group completed eight BPA [...]
Australia put on British and Irish Lions tour of a lifetime August 8, 2025 Before leaving a rainy Sydney to return to (a sunny!) Blighty, I sat down with fellow rugby fans in a Darling Harbour bistro to dissect a British and Irish Lions tour which, by all accounts, blew everyone away. It is fair to say that I was within the group of those who had questions as [...]
FOS complaints tumbled ahead of motor finance ruling August 7, 2025 Complaints to the Financial Ombudsman Service (FOS) fell to their lowest in more than a year ahead of the motor finance ruling. The FOS received 68,000 new cases in April to June, down from 74,600 complaints in the same period of 2024. Motor finance complaints remained the highest grievance but dropped to 21,500 cases from [...]
AIM directors ruffle shareholder feathers with exec pay shenanigans August 7, 2025 It’s not just Tesla awarding eye-watering pay to execs. Even the bosses of the smallest of small caps are finding novel ways to boost their remuneration. That appears to be the case for the directors of AIM-listed property company DCI Advisors. In October 2023, DCI proposed an incentive plan which, by the calculations of the [...]
Tom Hayes on life as a free man: ‘I was in a very dark place’ August 7, 2025 Tom Hayes became one of the most infamous names in the Square Mile after he was convicted to 14 years in prison for rigging the Libor interest rate in 2015. It took a decade for him to clear his name. Ali Lyon meets the former banker to hear about life in prison, and what comes [...]
Goodnight, Oscar review: Will & Grace star Sean Hayes is magnetic August 7, 2025 Goodnight, Oscar review and star rating: ★★★★ It’s fairly obvious why writers turn to televisual ratings to source their intrigue: every scribe knows the pain of having their stories or subjects exploited to reach bigger audiences. File Goodnight, Oscar next to a litany of West End hits on the subject, including Network at the National [...]
WNBA sex toy incidents fuel crypto prediction boom for Polymarket August 7, 2025 Users of cryptocurrency-based predicting site Polymarket are cashing in on sex toys being thrown at WNBA matches in the US. There have been a number of incidents in the past week whereby sex toys have been thrown onto the court, momentarily stopping games. The vulgar short-term trend has impacted matches involving Indiana Fever, Los Angeles [...]
Revolut drafts in EY amid banking licence push August 7, 2025 Revolut has tapped accountancy giant EY to replace BDO as its auditor as the firm pushes to secure its UK banking licence. The UK fintech juggernaut said EY will act as the firm’s auditor for the financial year ending December 2026 after a formal bidding process. This comes as Revolut expects to launch as a [...]