What’s next for River Island as it enters ‘last chance saloon’? August 6, 2025 River Island will face its last chance to restructure its flagging finances this Thursday at the High Court, with the retailer set to fall into administration as early as September if the plan is not allowed. This follows months of uncertainty over the company’s future as customers increasingly turn away from middle-market, bricks-and-mortar stores. “River [...]
Rich parents fear children will squander inheritance August 6, 2025 An increasing number of high-net-worth parents are worried that leaving too much money to their children will be a “curse on their lives” and are turning to charity donations to avoid handing large sums down the generations. According to a fresh poll, three quarters of parents with a net worth of £3m or more believe [...]
Rachel Reeves needs £50bn tax raid to stick to fiscal rules, economists warn August 6, 2025 The Treasury will need to raise more than £50bn in fresh taxes to stay within its fiscal rules, one of the UK’s most prestigious economic groups has warned, laying bare the scale of the pain that could be wrought on businesses by Rachel Reeves in the autumn. The government is set to miss its “stability [...]
Brewdog ad banned for promoting beer as ‘solution for loneliness’ August 6, 2025 A Brewdog advert has been banned by the advertising watchdog for suggesting that one of its beers could be a remedy for boredom, loneliness and frustration. The Advertising Standards Authority (ASA) ruled that a poster to promote the Scottish brewer’s Wingman IPA beer implied it could be a solution to overcoming several daily problems – [...]
Kick It Out calls out Big Tech as football discrimination hits new high August 5, 2025 Big Tech and the Government must do more, says Kick It Out, after reports of discrimination in football rose to new record levels according to figures it published today. The anti-discrimination charity has revealed it received 1,398 reports of discrimination during the 2024-25 season, representing a 4.9 per cent year-on-year increase. Sexism and misogyny reports [...]
Man Utd fans compare Ratcliffe to Savile amid £74m Sesko pursuit August 5, 2025 Manchester United fans are planning a protest against Sir Jim Ratcliffe’s co-ownership that invokes Jimmy Savile, despite the club launching a £74m bid for RB Leipzig striker Benjamin Sesko. Supporters’ group The 1958 intends to march to Old Trafford with banners declaring ‘Jim Can’t Fix This’, a reference to the disgraced TV presenter, ahead of [...]
Pandora confirms customer data stolen in data breach August 5, 2025 Pandora has become the latest retailer to fall victim to a cyber attack after a spate of companies were targeted earlier this year. The premium jeweller confirmed the attack on August 5, telling customers that “some customer information was accessed through a third-party platform that we use”. “Only very common types of data were copied [...]
Labour urged to come clean on exit tax August 5, 2025 Labour ministers have been urged to clarify whether the government will introduce an exit tax as Tax Policy Associates chief Dan Neidle warned rumours could be “damaging” for the UK economy. Chancellor Rachel Reeves looks poised to raise more than £20bn in taxes later this year amid a shortfall in the fiscal headroom left by [...]
Disney+ set to stream LaLiga matches in the UK and Ireland August 5, 2025 Disney is close to a deal to show LaLiga football matches to users in the UK and Ireland during the coming season, according to reports. La Liga is in advanced talks for Disney+ to stream one Spanish top-flight match a week, according to people familiar with the matter cited by the Financial Times. Five English [...]
Generational wealth gap fuels spike in family feuds over wills August 5, 2025 Feuds over family inheritance are on the rise as the number of applications lodged to challenge probates has reached an all-time high in the final quarter of 2024
