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Business

  • Labour urged to ramp up defence spending 

    January 7, 2026

    The Labour government is being urged to ramp up defence spending at a faster pace as opposition party leaders warned threats to Greenland, Ukraine and Nato required Keir Starmer to take swift action.  Tory leader Kemi Badenoch and Liberal Democrat leader Ed Davey were among those demanding the government to bring forward a 2034 deadline [...]

  • Frasers founder Mike Ashley snaps up stake in UK’s largest listed residential landlord

    January 7, 2026

    Fraser’s founder Mike Ashley has secured a slice of an FTSE 250 property firm in a multi-million-pound bet on the future of UK rental housing. The UK billionaire has acquired a 3.1 per cent interest in the UK’s largest listed residential landlord in the private rented sector, Grainger, through a high-stakes financial move known as a spread bet. The [...]

  • Waterstones books Rothschild as IPO plans ramp up

    January 7, 2026

    The owner of Waterstones is preparing to appoint Rothschild to advise its multibillion-pound flotation later this year, offering the clearest sign yet that London could turn the page on a dire run of form if it edges out New York for the listing. Elliott Management, which owns Waterstones and its US sister Barnes & Noble, [...]

  • Manchester City asked to give up FA Cup revenue to opponents Exeter

    January 7, 2026

    Cash-strapped Exeter City have asked Manchester City to ease their financial struggles by donating some of their share of the proceeds from this weekend’s FA Cup tie. Exeter and City are both due 45 per cent of the gate receipts from Saturday’s third-round match at the Etihad Stadium, which will bank the visitors between £250,000 [...]

  • London ad campaign boosts Abu Dhabi theme parks

    January 7, 2026

    Visitors from the UK to Abu Dhabi’s theme parks surged by 40 per cent last year following the first advertising campaign for them in London which saw banners for Sea World, Warner Bros World and Ferrari World plastered on the walls of underground stations and at Canary Wharf. It was part of a diversification plan [...]

  • Cadillac add tech sponsor as Formula 1 newcomers gear up for debut

    January 7, 2026

    Cadillac Formula 1 Team have added software provider IFS to their portfolio of commercial partners as they continue preparations for joining the grid this year. Sweden-based IFS is the team’s first non-US partner and joins Tommy Hilfiger and Jim Beam in backing Cadillac ahead of their eagerly anticipated F1 debut. “IFS has been instrumental in [...]

  • Coldplay rake in over £250m in profit from world tour

    January 7, 2026

    Coldplay have earned more than £250m in profit from their record-breaking Music of the Spheres World Tour, according to new figures. Frontman Chris Martin, guitarist Jonny Buckland, bassist Guy Berryman and drummer Will Champion performed their shows between March 2022 and September 2025. Over the course of 225 performances, the tour racked up more than [...]

  • Christmas grocery shopping hits fresh high while Brits make budget trimmings

    January 7, 2026

    Brits splashed out on groceries in the run-up to Christmas but watched their budgets more than ever, as own-brand products and cut-price veg caught the eyes of shoppers.  Festive grocery sales increased by 3.8 per cent on the previous year, as Brits spent a record £13.8bn on Christmas supermarket shops amid moderately easing retail inflation [...]

  • Legal firm faces “material uncertainty” after publishing overdue accounts

    January 7, 2026

    After months of delay, the law firm behind the largest action to hit the London High Court published its 2023 financial accounts, which revealed an annual loss of £95m. Pogust Goodhead’s 2023 account, published on Companies House on Monday, four months past the deadline, showed turnover decreased sharply to £3,607,387, down from £53,077,800 in 2022. [...]

  • Premier Sports to broadcast five Six Nations matches across UK

    January 7, 2026

    Premier Sports will broadcast five Six Nations matches across the UK as the streaming platform looks to strengthen its rugby offering. The Irish broadcaster, which holds the UK rights to rugby competitions such as the French Top 14, Investec Champions Cup and multinational United Rugby Championship, will show one match per round, beginning with Scotland’s [...]

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