Mark Kleinman: Poundland buyer bargains on a revival June 19, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Poundland buyer bargains on a revival Anyone for a bargain? Buying a chain of pound shops for a price lower than that of the goods it sells must feel like a pretty appealing deal for Gordon [...]
Firms stumped up extra £29bn for ‘astronomical’ energy costs June 19, 2025 British industry has had to fork out an additional £29bn to fund rising energy costs over the past four years, a fresh analysis has shown, adding further weight to calls for government bring down energy prices for British firms when it publishes its industrial strategy. According to the Energy and Climate Intelligence Unit (ECIU), firms’ [...]
London food scene says farewell to Richard Vines at Quaglino’s June 18, 2025 On Tuesday evening the great and good of the London restaurant world gathered at Quaglino’s to celebrate the life of food writer Richard Vines, who died earlier this year. Vines was the restaurant critic for Bloomberg for 26 years until his retirement in 2021. Known for his natty sense of style – paisley shirts and [...]
Juan Mata joins Mercury 13 women’s football investment group June 18, 2025 World Cup-winning former Spain, Manchester United and Chelsea star Juan Mata has become a key investor in women’s football investment group Mercury 13. The female-led group, which owns FC Como Women, has previously pledged to spend $100m on buying stakes in teams in each of the major leagues in Europe. Mata, now with Western Sydney [...]
Sheffield Wednesday: EFL hits cash-strapped club with fresh sanction June 18, 2025 Financially stricken second-tier club Sheffield Wednesday have been hit with further sanctions on player recruitment over late payments, the English Football League (EFL) has said. Sheffield Wednesday were already under a transfer embargo after they and owner Dejphon Chansiri were charged by the EFL over non-payment of player wages in March and May. But the [...]
House prices slump in April: ‘Supply is beginning to outweigh demand’ June 18, 2025 UK house prices fell in April as affordability issues constrain demand following the end of the stamp duty holiday in March. House prices fell 2.7 per cent month on month in April, according to the Office for National Statistics (ONS). Prices increased by 3.5 per cent to £265,000 in the 12 months to April 2025, [...]
Growth 500: Celebrating Britain’s fastest-growing businesses June 18, 2025 A green agriculture company, a luxury tour guide, and a music promoter have been named as three of the 10 fastest-growing businesses in the UK, in a new list charting Britain’s hottest companies. According to the newly launched Growth 500 – an index of fast-growing British businesses which claims to be the most comprehensive ever [...]
Inflation overshoots expectations ahead of Bank of England meeting June 18, 2025 Inflation hit 3.4 per cent in the year to May, official data has revealed, which is set to be the final set of data Bank of England officials receive before coming to an interest rates decision on Thursday. Data published by the Office for National Statistics showed services price growth, which is closely monitored by [...]
AO World: Record earnings after Music Magpie acquisition June 18, 2025 AO World has reported better-than-expected revenue growth after its acquisition of Music Magpie and an expansion in its membership scheme helped boost the figures. The electrical retailers told markets this morning that life-for-like adjusted profit before tax grew 32 per cent to £45m in the year ended March 31, above the top end of its [...]
Six Nations look to lure Sky by bundling TV rights with Lions June 18, 2025 The Six Nations unions are in talks with the British and Irish Lions about bundling their TV rights for the next four-year cycle. European unions have already sold TV rights for the Six Nations between 2026 and 2029 in a joint deal with ITV and BBC, but have yet to go to market with their [...]