Bidvest directors suffer shareholder revolt over $59,000 Olympics expenses claim December 2, 2025 Three directors of Bidvest Group Ltd, South Africa’s largest conglomerate, have suffered a shareholder revolt over $59,000 of expenses they claimed for attending the Paris 2024 Olympics. The international services, trading and distribution company noted in a stock exchange statement this week that shareholders had rejected calls to reimburse the chairman and two non-executive directors [...]
Alarming rise of social media use among toddlers December 2, 2025 Almost 800,000 children under the age of five are now likely to be using social media platforms in the UK, intensifying concerns around the country’s ability to protect the younger generation online. The figures, based of Ofcom’s recent research, reveal an alarming rise in very young children using platforms intended for teenagers or adults. It [...]
Barclays boss: Revolut ‘laid gauntlet down’ with $75bn price tag December 2, 2025 The boss of Barclays has said traditional lenders could “learn” from the growing success of their challenger rivals after Revolut surpassed its valuation. CS Venkatkrishnan – known as Venkat – said fintech banks have “laid the gauntlet down,” when asked about Revolut’s new $75bn (£57bn) price tag. The latest milestone from the fintech juggernaut, which [...]
OBR chief hits out at ‘misconceptions’ in Treasury briefings December 2, 2025 A top economist at the Office for Budget Responsibility (OBR) has defended a decision to release a letter that contradicted anonymous Treasury briefings in media reports, adding that details in reports were “damaging” to the fiscal watchdog. David Miles, a member of the Budget Responsibility Committee (BRC), told MPs on the Treasury Select Committee that [...]
Lineker 1, BBC 0: Goalhanger set for bumper World Cup deal with Netflix December 2, 2025 Netflix has reportedly signed Gary Lineker’s The Rest Is Football podcast in a deal which will see the former BBC presenter go up against his old employer at next year’s World Cup. Lineker is expected set to earn millions of pounds from selling the rights to the show, in which he discusses topical football matters [...]
Starmer calls for ‘sober realism’ in relations with China amid embassy row December 2, 2025 Keir Starmer said the UK’s approach to relations with China should be guided by “sober realism” in a wide-ranging foreign policy speech at Guildhall in London. At the Lady Mayor’s Banquet, Starmer said the UK had to reject a “binary choice” in being too hawkish or dovish in relations with China. After weeks of diplomatic [...]
On the Beach shares rocket as firm gears up for record summer December 2, 2025 On the Beach is getting itself ready for a record summer season as consumers hold on to their overseas holidays despite feeling the squeeze. The travel retailer said its Winter bookings were 15 per cent ahead of last year while bookings for next summer were “encouraging” and likely to be the highest yet. Chief executive [...]
Global Fan Network founder plugs phones for football fans December 2, 2025 A new telecoms network called Rocket Mobile has been set up exclusively for football fans. The network launched across the UK on Tuesday with the mobile provider looking to cash in on football fans feeling like they’re being priced out. The venture is backed by the Global Fan Network with coverage secured through Three. Figures [...]
OECD: Labour is pushing UK inflation to second highest in G7 December 2, 2025 The UK is set to suffer the second highest level of inflation in the G7 over the next year as a result of the Labour government’s decisions to pile extra costs on businesses, the Organisation for Economic Co-operation and Development (OECD) has said as it also warned recent tax hikes will hit growth. In its [...]
World is scariest it’s been since Cold War, BAE Systems boss warns December 2, 2025 The world is “probably the scariest it’s been” since the Cold War, the chief financial officer of FTSE 100 defence giant BAE Systems has warned. Brad Greve said the governments BAE Systems supplies “see a risk environment that’s unprecedented” and that the company’s “mission of protecting those who protect us is more important than it [...]
