Rachel Reeves concedes manifesto pledges may be dropped November 10, 2025 Chancellor Rachel Reeves has suggested that Labour manifesto commitments will be ditched amid a “significantly worse” economic inheritance than expected last year. In an interview with the BBC, Reeves said she would prefer to increase government spending on infrastructure rather than cut taxes for Britons. When asked whether the government would stick to manifesto commitments, [...]
Atletico Madrid valued at £2.2bn after Apollo Global Management acquisition November 10, 2025 LaLiga club Atletico Madrid has been valued at around £2.2bn after Apollo Global Management purchased a majority stake in the Spanish team. Chief executive Miguel Angel Gil Marin and president Enrique Cerezo will continue in post but the acquisition represents the latest private equity push into European football. It is understood that the US fund [...]
Nigel Farage: VAT threshold should be raised November 10, 2025 Reform UK’s Nigel Farage has hit out at suggestions that the VAT threshold for businesses should be lowered from its £90,000 threshold. Reports have suggested that Chancellor Rachel Reeves could lower the threshold at which businesses must be registered for VAT to £30,000 in a phased approach, a policy backed by several think tank wonks [...]
745 Game for MND raises £110,000 as rugby union and league come together November 10, 2025 Legends of rugby union and league clashed on Sunday as the 745 Game raised £110,000 to help fight motor neurone disease. The match, played at Prem Rugby club Gloucester’s Kingsholm Stadium, saw the likes of Mike Tindall run out while figures including Jonny Wilkinson watched from the sidelines. It was won 43-45 by Team Burrow. [...]
The City’s first Lady Mayor is a symbol of progress November 10, 2025 The historic appointment of Dame Susan Langley as the City of London’s first “Lady Mayor” is a powerful symbol of progress, but women still face deep, persistent systemic barriers to equality in business, says Natasha Frangos On Saturday, Dame Susan Langley made history not as the first woman to lead the City of London but [...]
Budget tax rumours holding back UK economic growth November 10, 2025 The UK economy is expected to have grown by just 0.2 per cent in the third quarter of the year, economists have predicted, with the upcoming Budget cooling activity and leaving investors on edge. A Bloomberg poll of economists estimated the UK economy grew by just 0.2 per cent in the third quarter of the [...]
Exclusive: Padel pioneers to set up pro pickleball circuit in Europe and Middle East November 10, 2025 A professional pickleball circuit is coming to Europe and the Middle East in 2026 in a move its founders hope can replicate the racquet sport’s explosive growth in the US. Pickleball – played on small courts and popular with both celebrities including Dua Lipa and Emma Watson and former tennis stars such as Maria Sharapova [...]
Trip: CBD drinks brand valued at £200m after Joe Jonas backing November 10, 2025 Trip, a CBD drinks brand, has been valued at more than £200m after a fundraising round backed by the likes of singer and actor Joe Jonas. The London-headquartered firm has raised a further £30.3m in a move which it said makes it the most valuable UK-founded drinks brand since Innocent and Fever-Tree. The business has [...]
Guinness owner Diageo shares rocket after appointment of ‘Drastic Dave’ November 10, 2025 Shares in FTSE 100 drinks giant Diageo have rocketed after the appointment of a new chief executive with an impressive turnaround record. News of the appointment of retail and consumer goods veteran Sir Dave Lewis saw shares in the struggling giant rise 6.8 per cent in early morning trading to 1,845p, rebounding from their sharp [...]
Almirall’s 2025 9M Results November 10, 2025 Almirall continues its sustained growth trajectory in 9M 2025 - delivering 12.8% net sales growth, strong dermatology performance, solid commercial execution in Europe, and further pipeline progress Sustained strong growth momentum with 12.8% Net Sales YoY increase to a total of €820.7 MM, with biologics continuing to deliver double-digit growth YoY and dermatology sales in Europe increasing 24.5% YoY further advancing Almirall´s leadership in medical dermatology. EBITDA increase of 27.1% YoY in line with expectations, reaching a total of €180.7 MM. On track to meet 2025 guidance driven by biologics growth and operational strength. Performance continues to be primarily driven by the biologics portfolio, with Ilumetri® net sales increasing 12.1% YoY (total of €170.9 MM), and Ebglyss® net sales of €75.5 MM – reflecting a more than 3x increase YoY as European markets are ramping up after launch. Solid performance of the broad dermatology product portfolio with Wynzora® growing 32.4% YoY to a total of €25.4 MM, and Klisyri® growing 22.6% YoY to a total of €20.1 MM, further enhancing Almirall’s position as trusted partner for patients and dermatologists. Continued R&D pipeline progress includes the start of the phase II study of the anti-IL-1RAP mAb, and plan to initiate three additional proof-of-concept studies over the coming 9 to 12 months.