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Business

  • Popeyes creates nearly 700 UK jobs as sales double

    September 30, 2025

    The UK arm of fast food restaurant chain Popeyes has created almost 700 jobs as its sales more than doubled, it has been revealed. The division of the US giant increased its headcount in this country from 1,492 to 2,179, new accounts filed with Companies House have confirmed. The results also show that its turnover [...]

  • Lando Norris’ side hustle back in the black

    September 30, 2025

    Quadrant, the entertainment and gaming brand founded by McLaren F1 star Lando Norris, returned to the black before being sold, it has been revealed. The London-based business has reported a total equity of £152,365 for 2024, new accounts filed with Companies House show. It comes after it posted negative equity of £405,221 for 2023. The [...]

  • Trump launches fresh tariffs as government shutdown looms

    September 30, 2025

    In a frenetic 24 hours for the President, Donald Trump has launched fresh tariffs on the US’s trading partners as his government looks to be marching towards shutdown. The White House has said it will charge a 10 per cent tariff on foreign softwood lumber and timber, used in a wide variety of building materials, [...]

  • Asahi cyberattack halts domestic operations amid ongoing investigation

    September 30, 2025

    Japan’s largest brewer, Asahi Group Holdings, remains unable to resume production at its domestic factories following a cyberattack on Monday, with the firm unable to provide a timeline for when normal operations might resume. “Asahi Group Holdings is currently experiencing a system failure caused by a cyberattack, affecting operations in Japan,” it said in a [...]

  • Government urged to prioritise UK tech amid US investment surge

    September 30, 2025

    UK cloud provider Civo has launched its ‘tech sovereignty agenda’, urging the government to place greater emphasis on domestic technology amid an unprecedented wave of investment from US tech giants. The agenda calls for a reassessment of the UK’s approach to innovation, advocating for a balance between benefiting from global technology while ensuring that critical [...]

  • Pandora: UK profit slumps as sales slip after record high

    September 30, 2025

    Profit at the UK arm of luxury jewellery brand Pandora has fallen significantly as its sales slipped back from a record high. The London-headquartered division has posted a pre-tax profit of £14.9m for 2024, new accounts filed with Companies House show. The latest total comes after Pandora achieved a pre-tax profit of £61.1m in 2023. [...]

  • Asos shares sink after sales fall behind expectations

    September 30, 2025

    Shares in e-commerce fashion firm Asos have tumbled after the company reported sales short of expectations and vowed to extend its cost-cutting programme in a bid to secure “even stronger profitability foundations”. The London-based business said it “had planned to shift gears” from rebuilding its commercial model towards “re-engaging with customers.” “Instead, more opportunity to [...]

  • Wembley Park developer slashes losses by over £600m

    September 30, 2025

    Losses at the company behind the transformation of Wembley Park in London were slashed by more than £600m during its latest financial year, it has been revealed. Quintain has posted a pre-tax loss of £109.5m for 2024, new accounts filed with Companies House show. The loss is down significantly from the £721.7m pre-tax loss it [...]

  • UK economy stalls in second quarter

    September 30, 2025

    The UK economy grew at a sluggish pace of 0.3 per cent in the second quarter of the year, official data has shown, another major setback for Chancellor Rachel Reeves’ as she hopes to oversee higher growth. The Office for National Statistics left its growth figure unchanged from a previous estimate as it confirmed its [...]

  • FTSE 100 Live: Asos and Close Brothers lead City stocks’ fall as economic growth slows

    September 30, 2025

    Good morning from the City PM liveblog team. When Rachel Reeves prepared her inaugural budget last year, she had little in the way of good news to impart to the people of Britain. The chancellor said she’d been left a bad inheritance, and had to raise tens of billions of pounds in extra taxes to plug spending [...]

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