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Business

  • Hellofresh sinks further into the red as 900 UK jobs lost

    October 7, 2025

    The UK arm of Hellofresh has sunk deeper into the red as its sales were cut during its latest financial year, it has been revealed. The division has reported a pre-tax loss of £19.5m for 2024, new accounts filed with Companies House show. The latest figure comes after Hellofresh posted a loss of £755,000 in [...]

  • Private asset funds predicted to surge over the next five years

    October 7, 2025

    Private asset funds are expected to become a central force in driving the global economy over the next five years, after soaring to record highs in 2025. The value of private asset funds has surged 9.6 per cent this year to date, to a record $14.05 trillion (£10.46 trillion), a striking 77 per cent rise [...]

  • Tech and talent at risk as Reeves eyes tax hikes in November budget

    October 7, 2025

    Britain’s tech sector is bracing for impact as fears grow that Labour’s upcoming Budget could drive investors, and their capital, out of the country. Brent Hoberman, co-founder of Lastminute.com and a prominent supporter of UK start-ups through Founders Forum and Firstminute Capital, warned that venture capital (VC) funds are actively considering relocation to Europe if [...]

  • Jaguar Land Rover production to restart

    October 7, 2025

    Manufacturing at Jaguar Land Rover will partially restart as soon as Wednesday, the firm has said, a month and a half after a crippling cyberattack forced the UK’s largest carmaker to halt its production line. In a statement released on Tuesday, the Tata Motors-owned car brand confirmed that a phased restart at two of its [...]

  • My mistakes as a female breadwinner – and why we need to rethink this rising phenomenon

    October 7, 2025

    Female breadwinners are one of the fastest growing demographics in the UK, but it's not all it's cracked up to be, found Eliza Filby.

  • Former FCA and EY bigwig named football regulator chief executive

    October 7, 2025

    Former FCA and EY bigwig Richard Monks has been named chief executive of the Independent Football Regulator. The appointment of the former Big Four partner comes after confirmation of media rights advisor David Kogan being named chairman. Monks is the first executive appointment made by the Independent Football Regulator after the Football Governance Bill passed [...]

  • How OpenAI’s deal with AMD could change the AI chip market

    October 7, 2025

    Techbehemoth and OpenAI yesterday struck a multi-billion-dollar partnership with chipmaker AMD, committing to purchase up to six gigawatts of the company’s next-generation processors to power new AI data centres. The deal, which will start with AMD’s new ‘MI450’ chip in the second half of 2026, marks a key step in OpenI’s strategy to diversify its [...]

  • Regulator fines KPMG for N Brown Group audit errors

    October 7, 2025

    Big Four firm KPMG and a former partner have received heavy fines and formal reprimands from the accountancy regulator for serious failures in their audit of N Brown Group plc’s 2022 accounts. The Financial Reporting Council (FRC) found that KPMG and Anthony Sykes failed to meet international auditing standards, with the firm admitting to serious [...]

  • Lloyds: FTSE 100 giant’s slow wealth progress sparks takeover talk 

    October 7, 2025

    Lloyds’ “slow” progress in wealth management has sparked talks of a potential takeover as the banking titan looks to beef up its offering for high net worth individuals. The FTSE 100 giant exited the area in 2013 as part of a simplification drive after the financial crisis, with the reduction of its stake in St [...]

  • Stokes and Archer in $4.5m raise for Indian medical treatment firm

    October 7, 2025

    England cricketers Ben Stokes and Jofra Archer have taken part of a $4.5m raise for a company that will offer UK patients medical treatments in India. The duo will join India’s KL Rahul through their 4Cast vehicle, as well as lead investor Nexus Venture Partners, in investing in The Medical Travel Company, which claims to [...]

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