Britain needs to ‘encourage enterprising entrepreneurs’ to kick-start economy October 22, 2025 Britain “needs to be a nation of shopkeepers once again” and “encourage enterprising entrepreneurs” to boost its economic prosperity, the chief executive of recruitment giant Reed has said. Speaking on an up-coming episode of City PM‘s Boardroom Uncovered podcast, James Reed said if he was Prime Minister for the day, he’d “make Britain a destination [...]
Chelsea sign sleeve sponsor deal with Vietnamese IT firm FPT October 22, 2025 Chelsea have announced Vietnamese IT company FPT Corporation as their new sleeve sponsor across their men’s, women’s and academy teams. The move sees FPT elevated to principal partner status at the Club World Cup winners, having begun their commercial relationship earlier this year. Chelsea are still in the market for a front-of-shirt sponsor, however, having [...]
Reeves’ tax grab could ‘wipe £4bn out of the stock market’ October 22, 2025 One of the UK’s leading trading platforms has warned Chancellor Rachel Reeves that raising retail investor taxes could wipe billions off the stock market, undermining government attempts to boost domestic investing and strengthen the London market. According to research from trading platform IG, a two percentage point increase in both dividend and capital gains tax [...]
Aardman: Wallace & Gromit maker cuts jobs as losses continue October 22, 2025 Aardman, the studio behind the likes of Wallace & Gromit and Shaun the Sheep, slipped further into the red as it cut jobs during its latest financial year. The Bristol-headquartered animation company has posted a pre-tax loss of £5m for 2024, having also lost £550,135 in 2023. Over the same period, Aardman’s turnover declined from [...]
Big 12 chief: College football in London can boost sport amid private equity interest October 22, 2025 The commissioner of the league bringing American college football to Wembley Stadium believes the inaugural 2026 match can boost its profile amid interest from private equity. The Big 12 American football league, a collegiate US conference part of the NCAA, earlier this year reviewed bids from private equity firms for stakes in the competition. RedBird [...]
Virgin Wines blames government for inflationary cost pressures October 22, 2025 Virgin Wines has said most of its cost pressures this year have been driven by government policy, including an alcohol duty revamp and a bottle tax. The online wine seller told markets that profit before tax dipped by five per cent to £1.6m in the 2025 financial year, despite flat revenue. CEO Jay Wright pointed [...]
Barclays near-quadruples provisions for motor finance scandal October 22, 2025 Barclays has followed suit with its banking peers with a major hike to its motor finance provisions after the financial watchdog launched its industry redress scheme. The FTSE 100 titan set aside an extra £235m for the car mis-selling scandal, taking total provisions to £325m. Barclays operated in the motor finance market under Clydesdale Financial [...]
Barclays shares rise after new buyback launch and jump in income October 22, 2025 Barclays has set out plans to shift to a quarterly share buyback after the firm recorded a surge in total income for the third quarter. The FTSE 100 titan netted £7.2bn in total income, breezing past as internal analyst consensus of £7bn. The figure was also up nine per cent year-on-year. The bank said it [...]
Inflation stays hot as UK’s economic woes deepen October 22, 2025 Inflation in the year to September remained sticky, new figures have shown, in further evidence that the UK’s economic woes have deepened and hit Brits harder than those in other countries. September was the third consecutive month that inflation hit 3.8 per cent, nearly double the Bank of England’s two per cent target. It came [...]
West Ham on hook for £5m despite Potter’s Swede pick-me-up October 22, 2025 West Ham will not receive any financial benefit from Sweden’s surprise appointment of Graham Potter, who is still set to bank around £5m in compensation after being sacked by the struggling Hammers last month. Most Premier League clubs only pay compensation – in the form of monthly salary payments – to sacked managers until they [...]
