Lego bricks hit a wall: Iconic toymaker goes digital as spin-off builds profit May 14, 2026 Toy titan Lego’s move away from the small plastic bricks that made it famous is gaining pace, as its digital spin-off made a profit in its first year of operation. Lego Digital Play, which aims to reach a new generation of children who play on their iPads rather than with their hands, turned a £1.4m [...]
Record £4bn revenue for accountancy firms ‘may reinforce’ hawkish rate outlook May 14, 2026 The UK’s accounting sector hit a record high for monthly revenue according to data from the Office for National Statistics out on Thursday, though gains may be short-lived due to the impact of the uncertainty sparked by the Iran conflict. In March, the industry’s revenue spiked by nearly ten per cent to £4.3bn compared to [...]
Plans for 25,000-capacity NBA basketball arena called London Colosseum May 14, 2026 The capital is set to get a 25,000-capacity NBA basketball arena in the Olympic Park called the London Colosseum. Jericho Estates, Peacock Gym, Torch Sports and architects Chybik and Kristof have partnered to produce plans for the stadium, which will be near the London 2012 Olympic Stadium – currently used by Premier League club West [...]
Tate & Lyle shares soar on £2.7bn takeover bid May 14, 2026 Ingredients giant Tate & Lyle soared almost 50 per cent after it received a £2.7bn takeover bid from an American food firm. The FTSE 250 firm saw its shares jump by 45 per cent on Thursday, to 543p, after its board said it is discussing the proposal from US company Ingredion. The bid stands at [...]
Klarna swings back to profit after delivering second $1bn quarter May 14, 2026 Klarna has sealed its first quarterly profit since its blockbuster IPO last year as the firm’s cost-cutting pays off. The Swedish fintech unicorn booked a $17m profit in the first quarter of the year, marking a swing from a $90m loss in the prior year. The return to the black was driven by a 44 [...]
Andy Burnham confirms Westminster run as Wes Streeting resigns from government May 14, 2026 Andy Burnham has declared his intention to stand in a by-election after a sitting Labour MP quit to make way for him. The current Mayor of Manchester will seek permission from Labour’s ruling body to stand in the Makerfield constituency after Josh Simons announced he would vacate the seat. In a statement, Burnham said: “Millions [...]
Our honest review of the brand new Aston Martin DB12 S May 14, 2026 Forget EasyJet – this is pan-European travel at its best. We drive the new Aston Martin DB12 S, a hedonistic grand tourer that makes light work of the longest journeys. It was one of those drives that has lingered long in my memory. I collected the car at a hotel overlooking Monaco’s Port Hercules, then [...]
Mr Kipling’s ‘biggest ever year’ bakes in sweet-looking profit at Premier Foods May 14, 2026 The owner of some of the UK’s best loved and most famous food brands hailed standout performer Mr Kipling, on Thursday which helped Premier Foods eat City profit forecasts for lunch. Mr Kipling – the brand behind the “exceedingly good cakes” tagline, in use continually since 1967, when the range made its debut – had its [...]
The economics of Eurovision: Politics isn’t the only thing driving dropouts May 14, 2026 It’s not just politics but economics driving this year’s high profile Eurovision withdrawals, says Matthew Allen.
Industry chief calls on government to water down steel tariff plans May 14, 2026 Government plans to double tariffs on steel imports pose an enormous threat to Britain’s already ailing manufacturing industry, pushing up costs at a time when many are already in the jaws of an inflationary energy shock, Britain’s largest industry body has warned. In a letter seen by City PM, British Chambers of Commerce (BCC) boss [...]
