Tesco: Supermarket giant’s profit beats City expectations but ‘trolley wars’ hit outlook April 10, 2025 Supermarket giant Tesco has beaten profit expectations as it continues to speed ahead in the competitive UK grocery market, but it warned that high competition will affect profit next year. Tesco shares slumped more than seven per cent in early deals. The UK’s biggest supermarket told markets this morning that group adjusted operating profit rose [...]
Next: Boss of FTSE 100 giant rewarded after £1bn profit April 10, 2025 The chief executive of FTSE 100 giant Next took home almost £5m as the high street icon’s profit surged to more than £1bn for the first time. Lord Simon Wolfson took home a total pay packet of £4.72m for the Leicester-headquartered retailer’s latest financial year, up from £4.63m. The CEO’s remuneration package included a salary [...]
Northampton Saints chief: Champions Cup run is financial tonic April 10, 2025 Northampton Saints may be the sole English representative remaining in the Investec Champions Cup but they’re out only to look out for themselves. A run in the world’s premier club rugby competition is a money spinner, up until a certain point, and can open doors to countless commercial and fan activation opportunities. For Julia Chapman, [...]
Another recession could push Millennial resentment to tipping point April 10, 2025 Any goodwill left in avocado-munching Millennials towards their wealthier elders will likely be gone with another recession, writes John Oxley.
Mark Kleinman: Trump tariffs spell doomsday for dealmakers April 10, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Trump tariffs spell doomsday for dealmakers Shock and awful. The primary consequences of President Donald Trump’s global tariffs blitz are becoming clearer by the day: inflation, a looming recession and a sweeping international protectionism which could [...]
Premier League could scrap PSR replacement plan, says barrister De Marco April 9, 2025 Premier League clubs could scrap plans to replace controversial PSR rules with a squad cost ratio and so-called “anchoring”, according to leading sports law barrister Nick De Marco KC. Top-flight clubs were on course to introduce the new spending rules next season but shelved those plans in February amid uncertainty caused by Manchester City’s partially [...]
What does Raoul Moat play Manhunt say about men in 2025? April 9, 2025 Angry, isolated and dangerous men are very much in the cultural zeitgeist and, in Raoul Moat, visionary writer-director Robert Icke has chosen one of the angriest, most isolated and demonstrably dangerous men in recent memory as the subject of his new play. Manhunt – very loosely based on the 2016 true crime book You Could [...]
NRL could buy stake in English Super League April 9, 2025 The Australian National Rugby League (NRL) could buy a minority stake in England’s Super League in a move that would unify the sport’s two biggest club competitions. According to the Sydney Morning Herald, a secret meeting was held between NRL bosses and owners of Super League clubs Wigan Warriors and Warrington Wolves while both leagues [...]
Bionow Awards honour our greatest Innovators April 9, 2025 The Bionow Awards are given to honour those most deserving for their ingenuity and dedication, distinguishing them from their competitors and proving them worthy of recognition. With a prestigious history of more than 20 years, the awards have become the leading life sciences accolades in the UK; highlighting the achievements of the sector, shining a [...]
Deutsche Bank: The market has ‘lost faith’ in US assets April 9, 2025 A “remarkable” sell-off in the dollar and US Treasuries suggests global markets have lost faith in American assets, and risks sparking an “outright financial war” that could force the Federal Reserve into another round of quantitative easing, Deutsche Bank’s top FX analyst has warned. In a wide-ranging note on Wednesday, George Saravelos said that the [...]