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Business

  • Jamie Oliver to bring back Jamie’s Italian in the UK next year

    December 5, 2025

    Celebrity chef Jamie Oliver is to relaunch his restaurant chain in the UK in 2026, seven years after its dramatic collapse. Jamie’s Italian is to be relaunched after a deal was reached between Oliver and Cain International-backed Brava Hospitality Group, which owns Prezzo. The chain operated around 40 sites across the UK at its height [...]

  • Visa shifts European HQ to Canary Wharf

    December 5, 2025

    Payments juggernaut Visa is set to switch its European headquarters to Canary Wharf – hot on the heels of banking behemoth JP Morgan. The move from its current spot in Paddington comes amid a major resurgence in the London financial hub after a number of big firms snapped up offices in the district. Visa will [...]

  • LA Olympic Games passes $2bn in sponsorship deals

    December 5, 2025

    The Los Angeles Olympic Games has seen sponsorship value pass $2bn, over two years out from the 2028 showpiece event. The LA28 company tasked with finding sponsors came into 2025 with two partners but is set to end the year with 15, with a value surpassing $2bn. The target figure of $2.5bn is well within [...]

  • Bank of England: Businesses cut staff at fastest pace since pandemic

    December 5, 2025

    British businesses cut jobs at the fastest rate since the pandemic in the run-up to Rachel Reeves’ Autumn Budget. A closely-watched survey from the Bank of England, which quizzes finance directors on their staffing levels, showed employment in the private sector fell by 1.8 per cent in November – the steepest monthly decline since July [...]

  • Trustpilot shares rebound after short seller attacks ‘mafia-style’ practices

    December 5, 2025

    Consumer review website Trustpilot has seen its share price rebound after being forced to deny allegations from a US short-selling firm that likened its business model to a ‘mafia-style extortion racket’. Shares rose 9.7 per cent in early morning trading to 141.8p, bouncing back after £200m was wiped off the company’s market value yesterday following [...]

  • Watchdogs rip up rulebook for building societies in growth boost

    December 5, 2025

    British building societies are in line for a deregulation boost after UK watchdogs announced a joint raft of initiatives aiming to power up the sector. Mutuals – which, contrary to banks, are owned by their members – are set to land a significant growth tailwind following a fresh report from the Financial Conduct Authority (FCA) [...]

  • Jamie George leaves Team England Rugby, Itoje and Genge stay on

    December 5, 2025

    International rugby union player Jamie George has left his role as director of the company he formed with teammates to handle contract and commercial negotiations with the RFU. A Companies House update reveals that the former British and Irish Lion has left Team England Rugby Limited, effective last month. The company was credited with helping [...]

  • House prices hit record high but overall growth slows

    December 5, 2025

    UK house prices reached a record high in November, however overall growth slowed to the weakest rate since 2024 according to the latest data from Halifax’s house price index. Prices were broadly unchanged last month, edging up £138, bringing the average house price to £299,892, a new record high. This follows a 0.5 per cent [...]

  • Employment Rights Bill: Labour moves to scrap compensation cap for unfair dismissal

    December 5, 2025

    Businesses could face unlimited compensation for unfair dismissal claims as Labour seeks to appease unions after it abandoned ‘day one’ rights last week. After weeks of Employment Rights Bill ping-ponging over the controversial ‘day one’ rights, the government agreed last week to drop its pledge of ‘day one’ rights in exchange for rights over six [...]

  • Benedict Cumberbatch sells major stake in his production company

    December 5, 2025

    Actor Benedict Cumberbatch has sold a major stake in the production company he co-founded, it has been revealed. The Sherlock and Doctor Strange star set up SunnyMarch in 2013 alongside producer Adam Ackland. Since then the business has made the likes of The Mauritanian, The Courier, The Roses, The Electrical Life of Louis Wain, and We Live in Time. [...]

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