Argos loses more than £200m as over 2,000 jobs cut December 1, 2025 Argos lost more than £200m during its latest financial year as over it cut over 2,000 jobs. The retailer, which is owned by FTSE 100 supermarket giant Sainsbury’s, has reported a pre-tax loss of £223.2m for the 12 months to 1 March, 2025. The loss comes after Argos posted a pre-tax profit of £37.3m in [...]
Lord Lee: My own plan for fixing financial literacy December 1, 2025 Virtually everyone agrees that there is and has been a near total failure to teach young people about the world of finance, investment, mortgages, etc. in schools. Politicians of all persuasion have failed lamentably in this area. It is truly appalling that many young people are now more likely to speculate in cryptocurrencies than invest [...]
BCC boss: Enough taxes. The Budget must tell a positive story November 25, 2025 Last autumn, the British Chambers of Commerce and its members were left shell-shocked when a party that promised to be the most ‘pro-business in history’ used its maiden Budget to deliver a succession of hammer blows to the private sector. Having shouldered the burden last year, boss Shevaun Haviland wants this year’s instalment to paint [...]
Asda raises almost £600m from supermarket sell-off November 20, 2025 Asda has raised close to £600m from three deals for its supermarkets ahead of a looming debt repayment to previous owner Walmart. The grocery giant struck sale-and-leaseback deals for its supermarkets totalling £568m, according to the FT. It raised £467m in two deals with New York-based asset manager Blue Owl and London-listed Supermarket Income REIT [...]
Our savings are lazy – the Budget must put them to work November 20, 2025 Rachel Reeves should cut the cash ISA limit and redirect savings into British equities, says Steven Fine The old saying in finance is that “money never sleeps”: but a lot of ours is lazy. Today Britain sits on nearly a trillion pounds of ISA savings, yet too little is being put to work in our [...]
Mark Kleinman: Can Osborne usher in a golden era for HSBC? November 20, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Can Osborne usher in a golden era for HSBC? George Osborne’s words to his Chinese audience were clear: “Through the ups and downs, let’s stick together. Let’s stick together to grow our economies. Let’s stick together to make [...]
Boots, British Airways, and Marriott International Are Among the Honoured Winners of the 2025-2026 World Branding Awards in Osaka November 17, 2025 The 20th World Branding Awards celebrated the success and achievements of leading brands across National, Regional, and Global categories. In the 2025–2026 edition, over 1,092 brands from 66 countries were nominated as “Brand of the Year”. From this distinguished selection, fewer than 100 brands emerged as winners, representing the highest standards of excellence across the [...]
Zilch Raises Over $175 Million to Accelerate Growth November 13, 2025 Raise includes the expansion of its credit facility with Deutsche Bank, as the UK and EMEA’s fastest-growing fintech unicorn plots next phase of its journey
Who is ‘Drastic Dave’, the man sent to save Diageo? November 11, 2025 Diageo shareholders breathed a sigh of relief this morning after the FTSE 100 drinks giant unveiled the appointment of its new chief executive, Sir Dave Lewis. Shares rose 7.5 per cent in morning trading to 1,856 pence following the selection of the retail and consumer goods veteran, rebounding from their sharp drop last Thursday following [...]
Retailers hit by subdued October as Budget threat looms November 11, 2025 UK retailers suffered a “subdued” October as Brits tightened their pockets ahead of what is expected to be a tax-heavy Autumn Budget. Retail sales increased 1.6 per cent year-on-year but remained below the 12-month average of 2.1 per cent, marking the weakest growth since May. The new data from the British Retail Consortium (BRC) and [...]