Are nicotine pouches the future of Big Tobacco? August 14, 2025 Nicotine pouches are all the rage at the moment. Sometimes erroneously described as ‘snus’ – this only refers to tobacco-based products – the pouches are mainstay of Square Mile pubs, start-up offices and even Premier League football pitches. But are they a passing fad, or the new cornerstone of ‘Big Tobacco’? And, for an industry [...]
David Beckham-backed Guild Esports put up for sale on insolvency marketplace August 14, 2025 An esports company backed by David Beckham has been put up for sale on an insolvency marketplace, City AM can reveal. Guild Esports, which owns a multi-story gaming venue in Shoreditch, is seeking offers from prospective buyers with a bid deadline of Friday. Founded in 2018, the company employed esports teams which competed in popular [...]
Mark Kleinman: Thames Water’s fate now sounds like a dripping timebomb August 14, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Thames Water’s fate now sounds like a dripping timebomb There are few more irritating sounds than that of a dripping tap you cannot fix. That, writ large, is the headache facing the Labour government as it [...]
Chanel chief Leena Nair joins Tech Titans investor group at London Spirit August 13, 2025 Chanel chief executive Leena Nair has joined the Tech Titans group of investors who now own 49 per cent of London Spirit. The British-Indian executive was at Lord’s last week for the first game of this year’s Hundred competition between Spirit and Oval Invincibles after reaching out to Nikesh Arora, the chief executive of Palo [...]
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 [...]
S&U shares jump as bank predicts profit ‘resurgence’ August 12, 2025 Shares in specialist lender S&U rallied as markets opened on Tuesday after the bank said its “resurgence in profitability” had begun to materialise. The London-listed firm’s stock was up over three per cent in early trading to 1,940. The jump came after the lender provided an upbeat trading update, anticipating building momentum for the second [...]
Tasmania holiday ideas: Beaches, mountains, wildlife and food August 11, 2025 A poster catches my eye while I’m waiting to catch my connecting flight from Sydney Airport. It shows four hikers – a family, perhaps, or maybe just a close group of friends – standing on the summit of a small mountain draped in moss. Warmed by the orange glow of an early sunrise, the hikers [...]
Martin Sorrell’s S4 Capital confirms merger talks August 11, 2025 S4 Capital has confirmed it has received a proposal from MSQ Partners for a possible combination, following weekend media reports linking the London-listed digital advertising group to the US private equity-backed agency network. In a statement published on Monday, the company said the talks were “at a very preliminary stage” and stressed there was “no [...]
New Princes: Food giant gears up for £700m City listing August 10, 2025 International food operations giant New Princes is gearing up for a blockbuster listing on the London Stock Exchange – a move City officials hope will spark a wave of new flotations. The Italian-owned business – which makes Princes Tuna and produces Flora and Branston products – is approaching investors regarding the backing of an IPO [...]
Exclusive: WSL facing row with clubs over in-game manager interviews August 8, 2025 Women’s Super League chiefs are facing a row over demands that clubs make their managers available for broadcast interviews during matches next season. At least three clubs are understood to have objected to the radical proposal, which would apply to each team at least once per season. There has also been disquiet at what some [...]