After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Winter fuel payments: there is a better way to help with energy bills June 24, 2025 Instead of subsidising bills according to age, we should make sure no one is spending more than 10 per cent of their household income on keeping warm, says Eon CEO Chris Norbury Despite recent improvements, energy bills remain around 60 per cent higher than before the crisis, with typical households still paying £1,720 annually. At [...]
Mounjaro and Wegovy demand helps Chemist4U sales double June 23, 2025 Increasing demand for weight-loss jabs such as Mounjaro and Wegovy has helped sales at the firm behind online pharmacy Chemist4U almost double. The Skelmersdale-based business has reported a turnover of £59.5m for the year to 30 September, 2024, according to new accounts filed with Companies House. The latest total comes after the firm behind Chemist4U [...]
One twist left in the PHP and KKR bidding war for Assura June 23, 2025 The Assura bidding war between KKR and PHP looked to be sealing its final chapter on Monday – but analysts warn there could be one more twist in the saga. Assura said on Monday it had recommended its board to accept a fresh cash offer from PHP, which valued the firm at £1.79bn. The deal [...]
Palestine Action: Invesco office attacked in latest red paint vandalism June 23, 2025 Global investment firm Invesco has been hit in the latest string of “red paint” attacks on financial services companies. The Atlanta-headquartered firm had its Westminster office vandalised on Monday as red paint and graffiti was left plastered across the side of the walls of the Portman Square building. The vandalism, which was committed by activists [...]
Don’t panic: What’s behind markets’ Iran-Israel indifference? June 23, 2025 Commentators have warned that an escalation in the Iran-Israel conflict could set off a chain of events that leads to the outbreak of World War 3. But markets have reacted as if the exchange of air attacks have barely happened at all. Ali Lyon digs into a puzzling few days of equities and oil trading. [...]
Direct Line bosses out ahead of £3.7bn Aviva deal after bumper bonus revolt June 23, 2025 The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their roles when the deal is finalised next month. In a statement, the company said a leadership team for Direct [...]
Reform will put international wealth to work for British people June 23, 2025 Under a Reform government, wealthy people will pay a £250,000 upfront contribution to the Exchequer and every penny will go to the poorest workers, says Zia Yusuf For centuries, Britain was a global powerhouse and a magnet for the world’s talent and treasure. Now it is chasing away the world’s brightest business minds and most [...]
‘Way too cheap’ – Tax experts question Reform’s £250K non-dom plan June 23, 2025 Reform UK’s new ‘Robin Hood’-style non-dom policy has been given a cool reception by top UK tax experts, who have branded it as “too cheap” and warned it could even cost the UK £34bn in lost tax revenue. Nigel Farage’s party, which currently tops the opinion polls, unveiled plans for a £250,000 flat tax regime [...]
United Utilities: Banned bonus for FTSE 100 CEO revealed June 23, 2025 The amount top bosses at FTSE 100 giant United Utilities are set to lose in bonuses – after the water giant was named as one of six to be banned from handing out the payouts – has been revealed. Earlier this month, new measures in the Water (Special Measures) Act come into force which prohibited utility [...]
Getty Images’ £3bn Shutterstock merger captures watchdog’s eye June 23, 2025 The $3.7bn (£2.9bn) merger between Getty images and Shutterstock has caught the attention of the UK’s competition watchdog. The deal, which was first announced in January, has the potential to monopolise the stock image market for creative, media and advertising industries. At the time of the announcement, Getty Images said the merger was expected to [...]