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  • This Is the Moment Everything Changed: Ascensia Launches Global Art and Photography Competition for World Diabetes Day

    August 6, 2026

    Global competition invites people to share the defining moment in their diabetes journey through original artwork and photography.

  • ‘Hard work ahead’: Diageo shares soar as Drastic Dave’s cost savings lift investor spirits

    August 6, 2026

    Diageo shares jumped as much as eight per cent on Thursday after the London drinks giant vowed to deliver as much as $850m (£631m) in cost savings, as new boss Dave Lewis vowed to turn around the firm’s fortunes. The FTSE 100 owner of Guinness, Johnnie Walker and Tanqueray reported a three per cent dip [...]

  • Serco chief hits back at New Statesman’s outsourcing jibes

    August 6, 2026

    Serco’s boss has hit back at media criticism in the New Statesman and other outlets as the under-scrutiny firm boosted its sales and eyed more contract wins.  The London-listed firm, which is one of Britain’s largest outsourcing companies running everything from bin collections to asylum accommodation, said it remained committed to bidding for contracts in [...]

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

    August 6, 2026

    Liverpool FC’s former CEO Peter Moore believes the club’s owners may be preparing to sell up but has poured cold water on talk of Jeff Bezos buying into the Reds. Fenway Sports Group is in talks to sell a minority stake to former QPR co-owner Amit Bhatia – a process some reports have suggested could [...]

  • Wizz Air profit wiped out by rising fuel prices

    August 6, 2026

    Soaring jet fuel prices caused by the conflict in the Middle East led to a sharp drop in Wizz Air’s profit. The increased fuel costs and “extreme volatility” from the war in Iran caused the budget airline to swing to a €198.2m net loss, a significant shift from its €38.4m gains the prior year. The [...]

  • Admiral profit slides as boss eyes push into EV insurance

    August 6, 2026

    Admiral suffered a drop in profit as the insurance giant was weighed down by lower earned premiums in its UK car business. The group’s profit before tax fell by 18 per cent to £429.2m in the first half of the year, while turnover remained flat at £3.11bn. Milena Mondini, group chief executive, told City AM [...]

  • Quilter toasts record inflows as financial advice push pays off

    August 6, 2026

    Quilter has posted record net inflows as the wealth management firm toasts the success of capturing customers seeking financial advice. Total assets under administration and management (AUMA) jumped 25 per cent to £157.4bn in the first half of the year. The hike was driven by a 32 per cent increase in core net inflows to [...]

  • Manchester billionaire tables £583m offer for property developer Harworth

    August 6, 2026

    Billionaire-owned Peel Group has tabled a £583m offer for Harworth as the property developer is poised to become the latest firm to exit the London Stock Exchange. The offer of 172.5p per share represents a premium of 20.1 per cent compared to Harworth’s closing share price yesterday and a 36.9 per cent premium above the [...]

  • WPP slashes jobs as revenue continues to fall

    August 6, 2026

    Embattled advertiser WPP slashed jobs in the first half of the year as its revenue continued to fall. The London-listed media group cut another 1,267 employees in the first half, around 1.3 per cent of its total staffing. Across the 12 months to June, WPP has now slashed its total workforce by 6.4 per cent [...]

  • Fifa crisis: Is it possible to defend Infantino’s World Cup sell-off plan?

    August 6, 2026

    Crafting a defence of Infantino isn’t easy, but it is possible to assemble both a behavioural excuse and a commercial justification for the Fifa president’s plan to sell stakes in the World Cup.  One newspaper evocatively likened Gianni Infantino to Icarus at the weekend after his proposal to sell stakes in the World Cup melted [...]

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