Levi Strauss bets on Beyonce as over 200 UK jobs lost September 1, 2025 The UK arm of Levi Strauss cut more than 200 jobs as its turnover jumped to almost £100m during its latest financial year. The Northampton-headquartered division reduced its headcount from 1,857 to 1,630 in the 12 months to 30 November, 2024, new accounts filed with Companies House show. Over the same 12 months, Levi Strauss’ [...]
Arne: Brothers enjoy huge pay day as profit surges September 1, 2025 The brothers behind clothing brand Arne have raked in the cash after sales and profit at their company surged in 2024 ahead of the brand opening its first store. The Warrington-headquartered business has posted a turnover of £84.1m and pre-tax profit of £11.9m for 2024 The figures compare to the turnover of £37.4m and pre-tax [...]
Change windfall tax to make £137bn by 2050, Chancellor told September 1, 2025 Chancellor Rachel Reeves has been urged to reform the windfall tax in a move that could boost the economy by £137bn by 2050. Ahead of the start of its conference in Aberdeen this week, trade body Offshore Energy UK (OEUK) released a report claiming replacing the energy profits levy next year with a profits-based mechanism [...]
Britain secures £10bn warship deal with Norway August 31, 2025 The UK has agreed a £10bn deal to supply Norway with at least five new warships, in what both governments are hailing as a landmark for defence cooperation, but which analysts say also underscores rising geopolitical tensions and the pressure on NATO allies to increase spending. Under the agreement, Britain will deliver ‘type 26’ frigates [...]
McLaren, a $100m-per-year deal and Formula 1’s sponsor boom August 31, 2025 Formula 1 is becoming a hotbed for advanced sponsorship, and McLaren’s announcement has completed a special title set. BWT, Aramco, HP, MoneyGram, Petronas, Visa Cash App, Oracle, Stake and Atlassian; these aren’t simply some of the world’s most recognisable and developing brands but title sponsors for teams in Formula 1. And as of next year, [...]
Why Chelsea have hardest and Arsenal easiest Champions League trips August 30, 2025 The exotic away trips offered by the Champions League are part of its appeal for supporters but they can come at a price for players, and in that respect Arsenal and Chelsea have been dealt wildly differing hands by this year’s competition. Thursday’s draw for the league phase gave Arsenal trips to Inter Milan (for [...]
Olympic swimmers to take on length of Thames in sewage protest August 29, 2025 Olympic-level swimmers are set to navigate the length of the Thames next week in a bid to highlight calls for better protection from pollution of the UK’s waterways, lakes and seas. Eight elite swimmers are taking part in the non-stop relay, which will begin at the source of the Thames in Gloucestershire on Monday and [...]
Investec raises growth forecast and backs November interest rate cut August 29, 2025 Global banking firm Investec has lifted its growth projections for the UK economy with another interest rate cut pencilled in for 2025. The financial services company expects the UK economy to grow 1.5 per cent this year and 1.6 per cent in 2026. This trumps the Office for Budget Responsibility (OBR) forecast, which expects the [...]
Government under fire as data breach review finally goes public August 29, 2025 The government has released a long-delayed review of its own data handling practices, following pressure from MPs, which raises questions about the ability of Whitehall to safeguard sensitive information. This review comes at a time when digital transformation is intended to reshape public services. The Information Security Review, carried out in 2023 but withheld from [...]
The climate activist case for continued drilling for fossil fuels August 29, 2025 A pragmatic energy transition requires maintaining domestic oil and gas production as a strategic bridge to a renewable future, in order to prevent higher emissions from foreign imports while securing national energy sovereignty, says Callum Adamson “Drill, baby, drill” is not something you’d expect a ‘climate activist’ to say. You probably wouldn’t hear it from [...]