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Business

  • Highest profit in over a decade for London St Pancras Highspeed

    August 4, 2025

    London St Pancras Highspeed, the company which runs the rail line between the capital and the Channel Tunnel, has reported its biggest profit for more than a decade. The business has achieved a pre-tax profit of £136.6m for the 12 months to 31 March, 2025, new accounts filed with Companies House show. The total is [...]

  • On this day: Gibraltar is captured by the British

    August 4, 2025

    On this day in 1704, Gibraltar was surrendered to the Anglo-Dutch fleet. 321 years later, Eliot Wilson looks at what that means today.

  • Rolls-Royce shares hit yet another record high

    August 4, 2025

    Shares in FTSE 100 giant Rolls-Royce have hit yet another all-time high, giving the company a £90bn valuation for the first time in its history. Shares in the Derby-headquartered group are changing hands for a new record of around 1,090p this morning after rising by over two per cent in early trades. The increase means [...]

  • Dishoom served huge valuation after founders sell stake

    August 4, 2025

    Dishoom has been valued in the region of £300m after striking an investment deal with a firm backed by LVMH. The restaurant chain has agreed a deal for an undisclosed sum with US-based L Catterton in a move which will see founders Shamil Thakrar and Kavi Thakrar dilute their stakes. Both co-founders are expected to [...]

  • Daniel Levy: Man City verdict taken far too long and multi-club needs controls

    August 4, 2025

    Tottenham Hotspur chairman Daniel Levy has called for a swift conclusion to Manchester City’s legal battle with the Premier League, saying the process “has gone on for far too long”. Less than two weeks before the start of a new top-flight season, more than 100 charges that City breached financial rules remain unresolved, despite an [...]

  • Jimmy Carr handed whopping tax bill after tour brings in £3m

    August 4, 2025

    Jimmy Carr has been handed a huge tax bill after his wealth surged by more than £3m thanks to launching his International stand-up tour and the success of his Netflix special. The comedian took his Laughs Funny show across the UK, Ireland, Europe, Australia, New Zealand and North America and also released his fourth Netflix [...]

  • Hawes & Curtis: Profit continues to fall at Dragons’ Den star’s brand

    August 4, 2025

    Profit at Hawes & Curtis, the retailer owned by Dragons’ Den star Touker Suleyman, has shrunk for a second consecutive year despite rising sales. The London-headquartered fashion brand has posted a pre-tax profit of £3.7m for 2024, new accounts filed with Companies House show. That figure compares to the £4.7m it reported for 2023 and [...]

  • Labour’s Lord Kinnock: Slap VAT on private healthcare

    August 4, 2025

    Labour's Lord Kinnock has called on the government to start charging VAT on private medical insurance in order to raise funds for the NHS

  • Morrisons cuts over 3,600 jobs as profit passes £2bn

    August 4, 2025

    Morrisons cut more than 3,600 jobs as it returned to profit for the first time since a private equity-backed takeover in 2021. The Bradford-headquartered supermarket giant has posted a pre-tax profit of £2.1bn for the 12 months to 27 October, 2024, new accounts filed with Companies House have revealed. The profit comes after Morrisons made [...]

  • Auction Technology Group shares tumble after debt-fuelled acquisition of Chairish

    August 4, 2025

    Shares in Auction Technology Group tumbled on Monday after the firm added to its debt pile with the acquisition of furniture marketplace Chairish in a $85m (£64m) deal. The London-listed company said it had extended its revolving credit borrowing capacity to $275m alongside the deal, which was funded by a combination of cash and debt. [...]

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