Next share price slumps on gloomy prediction for UK economy September 18, 2025 Next shares sunk on Thursday morning after the retailer issued a stark warning that the UK faces ‘anaemic’ growth due to a combination of technological and regulatory changes. Despite reporting a 10 per cent rise in half-year sales, the FTSE100 company flagged “strong evidence” of a material squeeze on wider UK employment levels due to [...]
Greg Jackson spins off Kraken from Octopus Energy September 18, 2025 Greg Jackson’s Octopus Energy has announced the spin-off of its technology arm Kraken to become a standalone business. The group said the move is aimed at “speeding up the platform’s expansion across the globe” and allowing Kraken to “fast-track investments into its technology, expand into new energy markets and regions, and drive innovation”. Kraken has [...]
Health-conscious Brits lead Dash Water to record-breaking summer September 18, 2025 Health-conscious Brits are expected to have helped sales surge by almost half at soft drink brand Dash Water thanks to a record summer. The business, which is based in London, has revealed its revenue is forecast to jump by 45 per cent in 2025 to £42m. The business, which is based in London and was [...]
Whittard of Chelsea brews up bumper funding deal with OakNorth September 16, 2025 Whittard of Chelsea has secured a bumper funding deal worth £12m with digital bank OakNorth “to support its continued growth and expansion”. The Oxfordshire-headquartered company said it is now “well-positioned” to build on its UK base and expand further into international markets such as China and the US. The funding news comes after Whittard of [...]
The Apprentice star gets £20m pay day after Lord Alan Sugar deal September 16, 2025 A star of hit BBC One show The Apprentice has enjoyed a bumper pay day to the tune of £20m for the year after buying out Lord Alan Sugar. Entrepreneur Susie Ma, who was a finalist on the 2011 series, took back full control of the company she founded in 2004 at the age of [...]
Sainsbury’s FTSE 100 shares highest since 2014 after Argos talks September 15, 2025 Shares in FTSE 100 supermarket giant Sainsbury’s have surged to their highest value in more than a decade after it held brief talks to sell Argos to Chinese e-commerce giant JD.com. Sainsbury’s share price has jumped by almost five per cent in early trades this morning to 322p. The value is the company’s highest its [...]
Sainsbury’s terminates discussions with Chinese retail giant over Argos sale September 14, 2025 Sainsbury’s has terminated discussions with Chinese retail giant JD.com over the sale of Argos only a day after rumors of the deal came to light. The UK grocer said that the proposed deal with JD.com was “not in the best interests of Sainsbury’s” and has subsequently ended discussions, it said on September 14. “JD.com has [...]
Chinese retail giant in talks to buy Argos September 13, 2025 UK supermarket group Sainsbury’s has confirmed that it is in discussions for a potential sale of struggling retail chain Argos to a leading Chinese e-commerce giant. Retailer JD.com is looking to buy Argos, as it seeks to position itself in the UK market. The bid comes following JD.com’s failure to purchase electrical retailer Currys last [...]
Coco di Mama bets on meal deals as it launches in Tesco September 12, 2025 Coco di Mama has announced the launch of a range of freshly made Italian sourdough sandwiches in Tesco’s premium meal deal as it bets on the grocery market. The launch follows a “hugely successful” debut year in retail with its range in Sainsbury’s’ £5.50 meal deal. “Capital-light, fast-growing channels,” are the focus of the brand at [...]
Toyota’s UK profit almost wiped out amid ZEV mandate battle September 12, 2025 Toyota’s UK profit has almost been wiped out as the carmaker battled a decline in market share and compliance with the ZEV [Zero Emission Vehicle] mandate. The Surrey-headquartered division has posted a pre-tax profit of £462,000 for the 12 months to 31 March, 2025, down from the £11.5m it achieved in the prior year. New [...]