Angellica a big price is Stars go elsewhere August 12, 2025 THIS is often a tricky weekend for ante-post betting, with it coming just before four big days at York next week, meaning many horses hold multiple entries. Newbury’s card does look to provide a few opportunities though, and there’s value to be had if we can predict what will turn up as fields are likely [...]
Revolut leads $500m fintech push into Formula 1 August 12, 2025 Revolut, Airwallex and OKX are among global fintech giants turning to Formula 1 in a major advertising push. Fintech firms piled over $500m (£370m) into F1 sponsorship deals for the 2025 season in a bid to ramp up their promotions. It comes as the average value of an F1 sponsorship deal climbed to over $6m [...]
UK workers feel uncomfortable being managed by AI August 12, 2025 Less than a third of UK workers are comfortable being managed by an AI Agent, according to new research shared exclusively with City AM. New research from Workday found that more than three-quarters of UK organisations are moving to implement AI Agents in everyday management functions, with 40 per cent actively rolling out AI agents, 25 [...]
Labour lines up advisers for Thames Water administration August 12, 2025 Labour ministers have reached out to top insolvency practitioners in the scenario Thames Water falls into special administration, it has been reported. The UK’s largest water company is at a crisis point after private equity giant KKR pulled out of a multi-billion pound investment deal that could have offered it a lifeline given Thames Water [...]
ChatGPT-5 launch took the shine off OpenAI August 12, 2025 Overhype has taken the shine off OpenAI, whose much anticipated launch of ChatGPT-5 left superfans disappointed, writes Paul Armstrong.
KFC and Pizza Hut help serve up huge profit for owner August 12, 2025 Huge dividends from KFC and Pizza Hut helped their owner Yum! Brands more than triple its profit last year, it has been revealed. The group’s European division has posted a pre-tax profit of $1.2bn (£892.7m) for 2024, up significantly from the $317.1m (£235.8m) it posted for 2023. The firm, Yum! Restaurant Holdings, is a holding [...]
Advertisers have a new audience to sell to: AI models August 12, 2025 For generations, advertisers have obsessed over how best to win the hearts and minds of consumers. But with people increasingly turning to their large language model of choice for product recommendations, the industry has a new audience to get its head around: artificial intelligence, writes Ali Lyon. David Ogilvy had four golden rules to help [...]
Derwent: Central London office rents firmly in recovery August 12, 2025 Derwent London has said the fundamentals of the London office market continue to strengthen despite a “volatile” economic backdrop. London’s office market has been in recovery since the end of last year, with falling interest rates and a return to the office helping to support occupancy. “Demand [is] well above the long-term average and [there’s] [...]
Third of young Brits favour authoritarian leader over democracy August 12, 2025 A third of young adults said they would back an authoritarian system if leaders could take decisions more quickly, a new poll has said, in signs new voters believe the UK’s social contract is breaking down and belief in the principles of democracy are fading. In fresh research led by Adam Smith Insights, a sister [...]
Why business confidence is all over the place August 12, 2025 Kemi Badenoch looked aghast but Keir Starmer was defiant. Business confidence was at a nine-year high, the prime minister declared in the House of Commons in mid-July. The Conservative Party leader was not having any of it. Neither were many economists and analysts watching from the City. What Starmer claimed was not false, per se. Research [...]