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Business

  • Experts: Sport to play role in Trump Ukraine peace talks with Putin

    August 13, 2025

    Sport could be a key player in the Ukraine peace talks between Donald Trump and Vladimir Putin in Alaska on Friday. While “land swapping” and “combat lines” are set to dominate the discussions at an Anchorage army base this week, geopolitical experts have suggested sport could be used as a soft diplomacy tool, to demonstrate [...]

  • Musk threatens Apple with legal action in escalating feud with Altman’s OpenAI

    August 13, 2025

    Elon Musk has threatened to sue Apple, accusing the iPhone maker of unfairly favouring ChatGPT developer OpenAI in its App Store rankings and listings. In a series of posts on X, formerly Twitter, the Tesla and SpaceX chief claimed Apple was making it “impossible” for any other AI company to reach the number one position [...]

  • The Debate: Is going to university still worth it?

    August 13, 2025

    As A-Level students prepare to open their results, we ask: is university even worth it anymore? We put two experts head to head.

  • Inheritance tax: Reeves could change thresholds and crack down on gift rules

    August 13, 2025

    Rachel Reeves is exploring measures to extract more revenue from inheritance tax (IHT) ahead of the Autumn Budget, as she looks to plug a massive fiscal blackhole without breaking Labour election promises on tax.  According to a report in The Guardian, the Treasury is looking into changes to thresholds as well as tightening the rules [...]

  • Richard Mille: Luxury Swiss watch brand’s sales tick past major milestone

    August 13, 2025

    Sales at the Europe, Middle East and Africa arm of luxury Swiss watch brand Richard Mille have ticked past a major milestone as its growth streak continues. The London-headquartered division has posted a turnover of CHF 404.4m (£371.2m) for 2024, up from the CHF £378.7m it achieved in 2023. New accounts filed with Companies House [...]

  • Notting Hill Carnival: The Met is writing its own rules for live facial recognition

    August 13, 2025

    With the Met primed to use live facial recognition tech at the upcoming Notting Hill Carnival, primary legislation is needed urgently.

  • Sir Rocco Forte enjoys record pay day after hotels empire deal

    August 13, 2025

    The hotels group founded by Sir Rocco Forte has issued a record dividend for the first full year after Saudi Arabia’s Public Investment Fund (PIF) became a major shareholder. Rocco Forte Hotels has paid out dividends totalling £8.9m for the year to 30 April, 2025, to its shareholders. The international hotels group, which is headquartered in [...]

  • Spurs to play for £4.3m ahead of new Premier League season

    August 13, 2025

    Tottenham Hotspur have the chance to bag €5m (£4.3m) in prize money as they face PSG in the Uefa Super Cup on Wednesday. Spurs are set to receive €4m (£3.4m) regardless of the result, but a win against the Ligue 1 champions would add an extra €1m (£0.8m) to the prize pot. The Uefa Super [...]

  • Shoe Zone shares booted as Labour’s budget tax raid weighs

    August 13, 2025

    Footwear retailer Shoe Zone has slashed its profit target in half for the full-year citing an overhang from Rachel Reeves’ 2024 Autumn Budget. The London-listed firm said in a trading update on Wednesday it expects pre-tax profit for the financial year ending September 2025 to be around £2.5m. This marks a stark drop from previous [...]

  • Persimmon: Profit jumps as construction activity rises

    August 13, 2025

    Persimmon has reported a double-digit rise in operating profit on increased construction volumes, despite ongoing affordability pressures. The housebuilder told markets this morning that private completions rose seven per cent to 3,987 homes, while total completions rose four per cent to 4,605. It is on track for completions of 11,000-11,500 homes for the full year. [...]

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