‘Why I’ve spent £50m to take my company global’ December 3, 2025 The chief executive of a travel company has revealed why he has decided to spend £50m on acquiring a Canadian counterpart. Steve Byrne, who leads Manchester-based Travel Counsellors, told City AM how his firm’s first international deal to buy The Travel Agent Next Door (TTAND) will help boost its growth on top of its planned [...]
Sheffield Wednesday: Joint bid could win £30m fight for crisis-hit club December 3, 2025 A number of the six bidders for Sheffield Wednesday are considering joining forces as competition to buy the Championship club hots up. Administrator Begbies Traynor has set an initial deadline of this Friday to begin exclusive negotiations with a preferred bidder, but with a number of credible offers on the table that timeline is likely [...]
Bank of England sounds alarm on leveraged hedge fund bond bets December 3, 2025 The Bank of England has sounded the alarm on international hedge funds snapping up record levels of UK government debt, warning that their highly leveraged bets leave Britain increasingly exposed to a bond market meltdown. In its biannual Financial Stability Report, the central bank said the large share of UK government debt held by risk-seeking asset [...]
Majority of young voters consider leaving London due to cost of living December 3, 2025 A majority of young Londoners have considered leaving the capital due to the high cost of living, with one in four actively looking into moving, according to a new survey. Just under half – 47 per cent – of all Londoners have thought about moving out of the capital, with that figure rising to 54 [...]
Londoners don’t want Sadiq Khan to run for Mayor again December 3, 2025 The majority of Londoners do not want Sadiq Khan to run for Mayor again in 2028, new polling has shown, with 56 per cent saying London is going in the wrong direction. A City AM/Freshwater Strategy poll of London voters has shown that three in five of the capital’s residents believe that Khan should not [...]
NIKE, Inc. Announces Senior Leadership Changes to Accelerate “Win Now” Actions December 2, 2025 NIKE, Inc. (NYSE:NKE) today shared the following note with employees regarding changes to its Senior Leadership Team. // Team, I’d like to share some important changes to our Senior Leadership Team (SLT) that further remove layers and continue to bring us closer to athletes* and the marketplace. We’re establishing the role of EVP, Chief Operating [...]
Imperial College and Thomson Reuters bring AI lab to London December 2, 2025 London is staking its claim as a world-leading hub for AI research with the announcement of a new Frontier AI Lab, a partnership between Imperial College London and Thomson Reuters. The lab promises to bring cutting-edge AI development, until now largely the preserve of a handful of tech giants, to the heart of Britain’s capital. [...]
Fortune to turn A New Page with Purton up December 2, 2025 RACING in Hong Kong returns to Happy Valley for its regular midweek slot on Wednesday, with an eight-race programme starting at 11.10am on the infamous C+3 track. It is always worth mentioning that the C+3 track is extremely tight for a dozen galloping horses, measuring less than the length of a cricket wicket (22 yards) [...]
ITV launches £80m bid for rugby’s Nations Championship December 2, 2025 Rugby union’s inaugural Nations Championship looks set to be shown on free-to-air television after ITV bid more than £80m. If successful, every Six Nations match and Nations Championship fixture will be terrestrial TV in the UK until at least 2029. The broadcaster has been in competition with TNT Sports, the early favourites to land the [...]
Boxing day bounce set to kick-start housing market December 2, 2025 A traditional jump in Brits looking for properties at Christmas is set to boost the UK’s housing market after a slow Autumn. With families gathered, people considering their new year’s housing ambitions, and extra downtime leading to browsing on phones and laptops, estate and letting agents are consistently reporting an uplift in enquiries, according to [...]