Deliveroo to crack down on badly-behaved riders with policy hire April 24, 2025 Deliveroo is ramping up its efforts to crack down on badly-behaved drivers with a new senior hire. The London-based food delivery app has posted a job ad for a “rider policy manager” who will be tasked with creating policies “to address breaches of contract by riders which have a detrimental impact on the customer experience.” [...]
Mark Kleinman: Fintech Growth Fund’s journey ends in Octopus’s tentacles April 24, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Fintech Growth Fund’s journey ends in Octopus’s tentacles It could scarcely have augured more favourably. An investment fund whose creation was recommended by the City grandee Sir Ron Kalifa in his 2021 review of the UK [...]
US trade talks: Rachel Reeves insists UK won’t be ‘relaxing’ food standards April 23, 2025 Rachel Reeves has insisted the UK won’t be “relaxing” its food standards in a bid to secure a trade deal with the US. The Chancellor, who is in Washington DC for the International Monetary Fund (IMF) spring meetings, spoke ahead of her expected talks with US Treasury secretary Scott Bessent. Asked whether the UK government [...]
Christopher Sarofim: NFL minority owner joins Everton board April 23, 2025 US fund manager Christopher Sarofim, a minority owner of the NFL’s Houston Texans, has joined the board of Everton FC after buying into the club’s ownership group. Sarofim, 63, is chairman of Fayez Sarofim & Co, a fund set up by his father which manages $30bn in assets, and a friend of new Everton owner [...]
Puresport: Finn Russell, Ben Earl and Castore backer in £3.6m fund raise April 23, 2025 Rugby stars Finn Russell and Ben Earl have doubled down on their investment to help London-based sports nutrition brand Puresport raise £3.6m in fresh funding. Redrice Ventures, an early backer of British sportswear brand Castore, and serial high growth investor Five Seasons Ventures also took part in the latest funding round. Puresport was founded by [...]
Charles Tyrwhitt: Office return helps sales to new record April 23, 2025 Sales at Charles Tyrwhitt have surged to more than £300m for the first time as the trend of returning to the office has boosted the workwear retailer. The London-headquartered business, which was founded by Nick Wheeler in 1986, has posted a turnover of £305.7m for the 12 months to 3 August, 2024. The total comes after [...]
There is such a thing as good growth April 23, 2025 The unbridled pursuit of more can be irresponsible at best, and exploitative at worst, but the upcoming generation of entrepreneurs understands that growth isn’t just about enriching businesses, but enriching society, says Orlando Martins It’s sensible for a business to seek to grow, if for no other reason than the lousy alternative: those that aren’t [...]
Newnham in Flying form as he seeks another winning Moment April 22, 2025 MARK Newnham’s stable will be looking for a confidence booster at Happy Valley before their stable star My Wish steps onto the turf for his date with destiny in the FWD Group One Champions Mile at Sha Tin on Sunday. Newnham has been a regular visitor to the winners’ circle all season, having struck the [...]
As FTSE 100 pharma firms wait for a tariffs decision, what would drugs levies mean for consumers? April 22, 2025 For FTSE 100 businesses navigating the shifting sands of Trump’s trade war, the uncertainty surrounding the tariffs has been almost as painful as the stock market shocks. The pharmaceutical industry has been left in a particularly agonising limbo: free, for now, from the 10 per cent baseline import tax, but the US President keeps making [...]
Diageo looks to luxury to drive growth April 22, 2025 The past three years have been challenging for the global alcohol giant Diageo. The group booked a windfall during the pandemic years as stuck-at-home consumers splashed out on high-end alcohol to drown their sorrows, but this explosive growth soon evaporated. Diageo, best known for its Guinness and Johnnie Walker scotch whisky brands, struggled against the [...]