Boohoo eyes £100m profit as online seller revives fortunes October 23, 2026 Fast fashion firm Boohoo has set its sights on a £100m profit after emerging from years of consecutive losses. The London-listed firm, which owns Debenhams, Karen Millen and Pretty Little Thing, said its turnaround plans are “significantly ahead” of schedule after producing its first pre-tax profit since 2021. Boohoo has endured a rocky few years, [...]
As it happened: FTSE 100 slides as oil surges to five-month high October 23, 2026 Welcome back to the City AM FTSE 100 liveblog. It’s Friday morning and London’s blue-chip index is set for a flat open as pressures on markets persist. The price of a barrel of oil has surged to $114 per barrel, trading at its highest level in over five months. It follows escalating Houthi attacks on [...]
Sport’s hypocrisy: Claiming to be inclusive while charging prohibitive ticket prices October 23, 2026 Sport’s hiking of ticket prices for live sport is completely at odds with many of its marketing efforts and risks alienating future generations of would-be fans, writes Matt Readman. Last week, a BBC Sport investigation revealed just how sharply the cost of watching live sport has risen in the UK. Across the Ashes, the Open, [...]
Business needs to speak up in Britain’s battle of ideas October 23, 2026 Politics is about to get more stark and much more consequential. Business leaders need to be pragmatic, dealing with the government of the day. But it strikes me that in this battle of ideas, they need to stand up for what works – especially when the country we all love is going in the wrong direction, [...]
Letting Britain’s arts buildings crumble will cost us all October 23, 2026 Culture is essential civic infrastructure, but Britain is letting its arts buildings fall into disrepair, writes Elaine Bedell.
Boom Supersonic Completes First Turbine Core, Unveils 2GW Superpower Superfactory, Launches World’s Most Advanced Digital Foundry October 22, 2026 First turbine core based on Boom’s supersonic technology completed, will be operational by Thanksgiving New Superfactory will produce 2GW of Superpower natural gas turbines annually, creating 500 high-paying jobs Boom is developing an all-digital foundry capable of casting the world’s most advanced monocrystalline turbine blades on a toolless all-digital process If needed, Superfactory and foundry can pivot to defense production rapidly with software changes
Braddick sets out her vision for banking watchdog with £2bn overhaul October 22, 2026 Katharine Braddick has kicked off her revamp of the UK banking’s watchdog with a regulatory overhaul aiming to generate £2bn in savings for City firms. The Prudential Regulation Authority chief, who took the reins in July, told a City audience on Thursday evening the watchdog would focus on four key priorities of resilience, growth, innovation [...]
Why professional services are backing Britain’s future workforce October 22, 2026 Tamzen Isacsson, Chief Executive of the Management Consultancies Association, explains why consulting is investing in the skills the UK needs. There is no doubt that AI is changing entry-level jobs across our economy. That creates a challenge for businesses: if more tasks become automated and there are fewer junior roles to fill, how do they [...]
Tipalti Advances Agentic AI with New AP Agent to Bring Greater Autonomy to Finance Operations October 22, 2026 Next-generation AI agent combines end-to-end execution with human oversight and control, while new MCP capabilities extend access to financial data across enterprise AI tools
PHP cyber threat rocks internet as government and companies scramble to fend off attacks October 22, 2026 A cyber threat identified by tech researchers has left government bodies and multinationals as large as Amazon scrambling to build defences and stop hundreds of hacking attacks. The UK government announced that dozens of services had gone offline as a precautionary measure to fend off cyber threats exposed by vulnerabilities in programming languages. The Office [...]