Shell: FTSE 100 giant’s shares rise after unveiling buyback and profit hit May 2, 2025 Shell recorded a sharp fall in first-quarter profits on Friday, after crude oil priced weakened amid geopolitical uncertainty. The FTSE 100 oil giant recorded adjusted earnings of $5.58bn (£4.2bn) for the first three months of the year. Whilst this surpassed analyst expectations of $4.96, it marked a stark fall from the $7.73bn reported for the [...]
Meet the best friends behind fast-growing Castore rival Montirex May 2, 2025 Montirex, a sportswear brand founded by two best friends, has predicted another huge jump in its sales and profit this year as it seeks to take on rival Castore. The Liverpool-headquartered business has revealed it is eyeing a turnover of around £130m for 2025, up from the £76.7m it achieved last year and £33.4m in [...]
Investment funds in April: Energy plummets while property soars May 1, 2025 Energy funds suffered deeply during April as an expected slowdown in global growth caused oil prices to tank throughout the month. Five energy funds featured in the bottom 10 performing investment funds, alongside two resource funds, with Guinness Global Energy as the worst performer, falling 13.5 per cent. “With the price of a barrel of [...]
Chelsea move to digital tickets after banning 2,000 fans for touting May 1, 2025 Chelsea have revealed further details of their switch to digital tickets next season, which the football club says it hopes will stamp out touting. The Premier League outfit have cancelled 2,000 memberships linked to touting this season and believe that the new digital system will provide greater security. It comes a year before the top [...]
Mortgage borrowing surges ahead of stamp duty changes May 1, 2025 Net borrowing or mortgages spiked by £9.7bn in March as house buyers looked to clinch deals before higher stamp duty taxes came into effect. Net borrowing levels exceeded £13bn, according to the Bank of England, as the rise compared to February beat market forecasts of £3.2bn. EY ITEM Club’s Matt Swannell said the surge in [...]
Major London venue to host 2026 World Cup final May 1, 2025 Major London venue Lord’s will host the Women’s Cricket T20 World Cup this year as the tournament’s venues were revealed. The Home of Cricket will stage the showpiece final in next year’s World Cup in a win for the capital amid competition from other major UK Test arenas. Manchester’s Old Trafford, Leeds’ Headingley, Birmingham’s Edgbaston, [...]
Lego to relocate 1,500 staff to new landmark headquarters May 1, 2025 Lego is set to move its London headquarters from Farringdon to the iconic 76 Southbank in 2027, it has been confirmed. The Danish company will occupy 192,000sqft across three-and-a-half floors in the riverside building, originally designed by famed brutalist architect Sir Denys Lasdun. The redeveloped site, next to the National Theatre, has been modernised by [...]
Manufacturing edges towards year of decline amid ‘noticeable impact’ of tariffs May 1, 2025 UK manufacturing’s falling production levels show no signs of ending as the spectre of tariffs brings a “noticeable impact” on exporters’ sales, leading analysts have said. Firms have had to navigate through sticky inflation and high energy costs for the best part of three years as the UK’s weakened economy has failed to bounce back [...]
FA issues blanket ban on transgender women playing in female football May 1, 2025 The FA has followed other major sports and banned transgender women from playing in women’s football from next month. Just weeks ago it was still resisting calls to implement a blanket ban but has now updated its policy following last month’s landmark Supreme Court ruling on the Equality Act, which decreed that the lawful exclusion [...]
2025 London Marathon raises world record £75m for charity May 1, 2025 The London Marathon has broken its own record for the world’s biggest one-day fundraising event after the 2025 race generated more than £75m for charity. The final total won’t be revealed until later this year but has already eclipsed the £73.5m raised last year, which set a new global benchmark for contributing to good causes. [...]