After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Does anyone come out clean from Heathrow Airport power outage? July 2, 2025 Who comes out clean from the chaos that engulfed Heathrow Airport in March? Today’s revelations from the NESO report were damning for National Grid, the operator of the North Hyde substation that burst into flames, leading to a 16-hour power outage at the UK’s biggest airport. There had been back and forth for weeks between [...]
TfL claims City exec who lost limbs after being hit by Tube was ‘negligent’ July 2, 2025 TfL has accused the woman who was hit by two Tubes resulting in life-changing injuries of placing "herself in a position of danger" in a £25m legal battle
British Basketball Federation could face second lawsuit in row with clubs July 2, 2025 The embattled British Basketball Federation (BBF) could face a second round of legal action after the owners of Manchester Basketball warned they are still considering joining Super League Basketball (SLB) in suing the governing body. Manchester Basketball chiefs have been left dismayed by the BBF’s decision last month to effectively block their participation in next [...]
Bank of England policymaker urges faster interest rate cuts July 2, 2025 Bank of England dove Alan Taylor has urged his colleagues on the Monetary Policy Committee to vote for faster interest rate cuts to allow a “soft landing” on the inflation path. Bank officials voted to hold interest rates at 4.25 per cent in June, with inflation bouncing back up to 3.4 per cent in April [...]
Profit at The Macallan whisky owner slashed as sales slide July 2, 2025 Profit at Edrington, the owner of whisky label The Macallan, slumped by more than a quarter during its latest financial year as its sales slid, new figures have revealed. The Glasgow-headquartered group, whose brands also include Highland Park and Glenrothes, has posted a pre-tax profit of £274.4m for the year to 31 March, 2025. The latest [...]
Trump’s Scottish golf tournament gets crypto sponsor in Nexo July 2, 2025 The DP World Tour has signed a major three-year partnership with crypto firm Nexo that will see it sponsor the revived Scottish Championship held at Donald Trump’s Aberdeenshire golf course. Nexo will also become a partner to six of the European circuit’s biggest events, including the season-ending DP World Tour Championship, and become the tour’s [...]
Former UBS banker wins top court battle in £80m divorce row July 2, 2025 The high-profile divorce clash between Clive Standish and his wife over £80m of assets linked to a tax planning scheme hits the end of the legal road
Superdrug shrugs off Rachel Reeves’ tax hikes to create over 600 jobs July 2, 2025 Superdrug has created more than 600 jobs despite tax hikes introduced by Chancellor Rachel Reeves putting “pressure” on its margins. The high street chain upped its headcount from 13,845 to 14,479 in 2024, new accounts filed with Companies House have revealed. The increase comes after Superdrug also created more than 400 jobs in 2023. The [...]
Secure Trust Bank: Jobs at risk as lender exits motor finance July 2, 2025 Specialist lender Secure Trust Bank has announced a “strategic pivot” away from its motor finance division in a bid to boost returns. The group said it will pause new lending within its vehicle finance division and “run off” its existing book, meaning it will manage its current portfolio until it naturally winds down. The bank [...]
Aston Villa sign UK licensed Xapo Bank as club partner July 2, 2025 UK licensed crypto firm Xapo Bank has partnered with Premier League club Aston Villa in a deal that will see them become the official partner of the club’s pre-season tour to the United States. The self proclaimed “pioneering private bank” was established in 2013 and last year passported its banking licence to the UK. And [...]