Cadbury shakes off royal snub as sales surge September 11, 2025 Cadbury has shaken off losing the royal seal of approval after a surge in European sales helped its profit jump during its latest financial year, it has been revealed. The Birmingham-based iconic chocolate maker hit the headlines at the end of 2024 after being dropped from the list of royal warrants for the first time [...]
CVC Capital Partners launch $14bn Global Sport Group September 11, 2025 Six Nations investors CVC Capital Partners have formed a $14bn Global Sport Group entity which will focus on the growing interest in the sporting sector. Reportedly announced in London this week, the private equity juggernaut – with over $225bn assets under management – will house the firm’s sporting investments and offer opportunities to scale valuations. [...]
Whisky Business: Distillery tours saving the Scotch industry September 11, 2025 Whisky Business: City PM’s monthly look at the world of whisky. The 1980s were a particularly dark time in the history of the Scotch whisky industry. Throughout the decade, around a third of all Scottish distilleries closed their doors as demand dried up. Even well-established players were caught in the slump. Distillers such as Carsebridge, also [...]
John Lewis blames higher taxes as it swings into the red September 11, 2025 A rise in national insurance contributions and a packaging levy has ‘significantly’ impacted John Lewis, with the retailer reporting a half-year loss despite an increase in revenue. The company, which also owns Waitrose, reported a loss before tax and exceptional items of £33m for the 26 weeks ended 26 July. It has been “significantly impacted [...]
Landlords reject idea higher taxes benefit first-time buyers September 11, 2025 The National Residential Landlords Association (NRLA) has rejected analysis by the Joseph Rowntree Foundation (JRF) that suggests tax hikes on the private rented sector have benefited first time-buyers. A report from the JRF has found that reforms introduced by governments from 2016 were “effective in addressing tax imbalances that benefitted landlords over and above ordinary [...]
Carlton Club in the red as it counts the cost of Labour’s victory September 11, 2025 The Conservative Party stronghold, the Carlton Club, has fallen into the red as it counted the cost of Labour’s victory in last year’s general election. The private members’ club, which was the original home of the party, said it lost out on revenue after “functions declined due to the cancellation of political events following political [...]
THG: Shares spike as e-commerce giant gains momentum after slow start to the year September 11, 2025 Ecommerce platform THG returned to growth in the second quarter of the year, driven by a sales boost for its supplement brand Myprotein, causing an eight per cent share price boost. THG told markets this morning that revenue rose 0.9 per cent quarter on quarter, although overall revenue in the first half of the year [...]
Lockyer: London Broncos consortium to invest if Super League bid dashed September 11, 2025 The consortium behind the proposed acquisition of the London Broncos rugby league team insist they’ll invest and play in the Championship if their Super League application is unsuccessful. A dozen clubs have expressed an interest in being part of an expanded Super League next season, when the English top flight grows by two teams to [...]
Tokyo has another bite at athletics cherry – will fandom blossom? September 11, 2025 If you’re an athletics fan, time to perfect your “work from home” excuses as the World Championships begin in Tokyo tomorrow. If you live west of Japan, that spells disrupted sleep patterns and unproductive days as medals are won in Tokyo nights. These Championships are part reward for a local populace twice denied the chance [...]
Brits bypass Online Safety Act with VPNs, report finds September 11, 2025 The government’s flagship Online Safety Act is already being bypassed at scale, with a new survey showing nearly one in three Brits are still accessing adult content without age checks in place. Research by verification and anti-fraud platform Sumsub, which polled 2,000 UK consumers, found widespread scepticism about whether Ofcom and ministers can enforce the [...]
