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Business

  • Mattioli Woods: Wealth manager’s profit jumps after quitting London

    September 30, 2025

    Profit at wealth and asset management business Mattioli Woods has jumped in the year after quitting the London Stock Exchange. The Leicester-headquartered business has reported a pre-tax profit of £14.2m for the 12 months to 31 May, 2025, new accounts filed with Companies House have revealed. The total is up significantly from the £1m it [...]

  • Peter Kyle: We will get rid of 25 per cent of regulation

    September 30, 2025

    Business secretary Peter Kyle said there were “absurdities” across regulatory bodies for businesses as he vowed to cut burdens by 25 per cent.  In a fringe event at the Labour party conference, Kyle struck a bold tone on the extent of red tape holding the UK economy back, adding that he was asked by Keir [...]

  • Business sentiment sours as firms brace for tax hikes

    September 30, 2025

    Business sentiment slumped in September as firms were braced for a fresh round of tax hikes in the autumn Budget. Private sector confidence slipped from 54 per cent to 42 per cent, according to the Lloyds Business Barometer survey, data which is typically seen as more cheery than rival surveys. Economic optimism edged down for [...]

  • Adolescence maker surges in value thanks to Netflix hit

    September 30, 2025

    The production company behind Adolescence has surged in value thanks to the success of the smash Netflix hit. Sheffield-based Warp Films was set up in 1999 by Rob Mitchell and Steve Beckett. Before Adolescence, the company was bets known for producing This Is England, Four Lions and ’71. Adolescence took home eight Emmy awards earlier [...]

  • New Canada ‘showpiece’ skyscraper approved

    September 30, 2025

    A 34-storey skyscraper set to dominate the City skyline has been approved by Square Mile officials, in a major boost to the area’s high-grade office capacity and local economy. A proposal to redevelop a tower block at 130 Fenchurch Street into a “showpiece office building” was approved unanimously by Canada Corporation’s planning [...]

  • Ruffer co-founder retires after 30 years at investment firm

    September 30, 2025

    Jonathan Ruffer, co-founder of the Ruffer investment firm, will step down as chair at the end of the year, after more than three decades at the London-based business. Henry Maxey, Ruffer’s co-chief investment officer, will become chair from the start of next year, in addition to his other position. The firm, which manages £19bn of [...]

  • Ronnie O’Sullivan and Thomas the Tank Engine director launch snooker TV channel

    September 30, 2025

    Ronnie O’Sullivan has teamed up with a former director of Thomas the Tank Engine to launch the world’s first dedicated snooker TV channel. Pluto Snooker 900, which launches next week, promises to show a combination of live action, classic matches and O’Sullivan’s coaching series, The Rocket Method. It is the brainchild of Jason Francis, a [...]

  • Hawksmoor: Steakhouse in the red despite record sales

    September 30, 2025

    Steak restaurant chain Hawksmoor has fallen into the red despite its sales passing the £100m mark for the first time. The London-headquartered business reported a pre-tax loss of £1.6m for 2024, down from the £1.4m pre-tax profit it achieved in 2023. New accounts filed with Companies House also show its turnover increased over the same [...]

  • Economic uncertainty pushes potential house buyers to hold off

    September 30, 2025

    An unpredictable economic and policy landscape has caused a slowdown in housebuying activity in the UK, according to new data. There were 93,630 UK residential transactions in August, two per cent higher than August 2024 but two per cent lower than July 2025, according to HMRC. There’s been a “noticeable shift” in sentiment amongst Brits [...]

  • Farmfoods: Iceland rival battles rising costs

    September 30, 2025

    Budget supermarket chain Farmfoods has said rising costs weighed on its profit as it battled to keep prices down for its customers. The business, which is headquartered in North Lanarkshire in Scotland, has posted a pre-tax profit of £33.1m for 2024, up from the £25.5m it achieved in 2023. However, Farmfoods said “increased cost pressures” resulted [...]

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