Losses widen at Haven rival Parkdean amid ‘challenging backdrop’ September 29, 2025 Holiday park operator Parkdean lost almost £150m during its latest financial year despite its revenue increasing over the same period, it has been confirmed. The business, which is a direct rival of Haven and is headquartered near Newcastle upon Tyne, has reported a pre-tax loss of £147.7m for 2024. The latest total comes after it [...]
The world believes in Britain, the government must too September 29, 2025 Business leaders remain laser-focused on delivering growth, now the Chancellor must create the conditions for them to do so, says Chris Hayward As the Chancellor prepares to address the Labour Party Conference, her desk in Number 11 Downing Street is doubtless already buckling under the weight of submissions featuring friendly advice about how to shape [...]
Government pledges ‘whatever it takes’ to get Britain building September 27, 2025 The construction of three new towns will begin before the next election, the Housing Secretary will pledge at Labour’s party conference. The Government will “do whatever it takes to get Britain building”, Steve Reed is expected to tell Labour members on the opening day of the party’s annual gathering in Liverpool. Work on 12 new [...]
Women’s sport leagues, not teams, are the new investment frontier September 27, 2025 Much like England’s women’s rugby team, women’s sport is on a winning streak. Record-breaking crowds at this year’s Women’s Rugby World Cup, Hundred attendance milestones, and rising broadcast deals in basketball all point to the same shift: the commercial gap with men’s sport is closing, fast. For years, many investors dismissed women’s leagues as worthy [...]
Surging gold prices send shockwaves through the chocolate market September 26, 2025 Chocolate prices are hitting record highs amid a cocoa shortfall across West Africa. In Ghana – the world’s second-largest cocoa producer after Côte d’Ivoire – output fell by over 20 per cent last year due to adverse weather conditions and pest outbreaks. Illegal gold mining – also known as galamsey – is aggravating the problem [...]
Tesla: UK sales slump by £500m as profit slashed September 26, 2025 Sales at the UK arm of Elon Musk’s Tesla slumped by more than £500m as its profit was also slashed during its latest financial year. The division, which is headquartered in Manchester, has reported a revenue of £1.94bn for 2024, new accounts filed with Companies House show. The new figure comes after Tesla posted a [...]
Trump slaps 100 per cent tariff on imported drugs September 26, 2025 US President Donald Trump announced a new round of tariffs on Thursday evening, with the pharmaceutical industry expected to be the hardest hit. Trump revealed that the US will impose a 100 per cent tariff on imported branded drugs, a 25 per cent tariff on all heavy-duty truck imports, a 50 per cent tariff on [...]
The space economy will not succeed without private ownership September 26, 2025 A space economy based on legal conditions that ban private property – like those of North Korea – will never flourish, says Rainer Zitelmann After the Moon Landing of 1969, manned space travel stagnated for over half a century. The space shuttle was far too expensive and never lived up to expectations. It was only [...]
City Giving Day brings philanthropic flair to the Square Mile September 25, 2025 The City of London swapped suits for spandex, bells, and bingo this week as City Giving Day rolled out across the Square Mile. The annual celebration, now a cornerstone of The Lord Mayor’s Appeal, saw hundreds of firms and thousands of participants engage in activities that blended philanthropy with light-hearted competition. The Lord Mayor launched [...]
Is Britain open for business or not? September 25, 2025 Britain’s tax rate is neutral at best when it comes to attracting investment, and as international competitors up their game, we may need to go further just to stand still, says Tim Sarson How attractive is the UK as a place to invest? It’s confusing, isn’t it? In the last few weeks we’ve had a [...]