Virgin Active, the gym chain founded by Sir Richard Branson, has significantly slashed its losses as its battle with the work-from-home trend continues. The business, which runs 224 international locations, …
October 2025
Stokes and Archer in $4.5m raise for Indian medical treatment firm
England cricketers Ben Stokes and Jofra Archer have taken part of a $4.5m raise for a company that will offer UK patients medical treatments in India. The duo will join …
Lloyds: FTSE 100 giant’s slow wealth progress sparks takeover talk
Lloyds’ “slow” progress in wealth management has sparked talks of a potential takeover as the banking titan looks to beef up its offering for high net worth individuals. The FTSE …
Regulator fines KPMG for N Brown Group audit errors
Big Four firm KPMG and a former partner have received heavy fines and formal reprimands from the accountancy regulator for serious failures in their audit of N Brown Group plc’s …
How OpenAI’s deal with AMD could change the AI chip market
Techbehemoth and OpenAI yesterday struck a multi-billion-dollar partnership with chipmaker AMD, committing to purchase up to six gigawatts of the company’s next-generation processors to power new AI data centres. The …
Former FCA and EY bigwig named football regulator chief executive
Former FCA and EY bigwig Richard Monks has been named chief executive of the Independent Football Regulator. The appointment of the former Big Four partner comes after confirmation of media …
House prices fall amid pre-Budget jitters
House prices fell last month, a leading price index has suggested, a warning that house buyers and sellers are nervy ahead of a potential tax raid on property. Halifax’s house …
VistaJet: Billionaire’s private jet firm makes UK loss
The UK arm of private jet charter company VistaJet has fallen into the red despite its revenue climbing closer to the £100m mark. For 2024, the division has reported a …
B&M shares tumble as boss vows to ‘correct operational weakness’
Shares in B&M have tumbled after the discount retailer reported sliding profits. The groups chief executive vowed to “correct the operational weaknesses” as the firm warned it expects to report …
LEVC: London electric taxi company loses £180m
LEVC, the London electric taxi company, lost almost £180m during its latest financial year as its sales were slashed. The Coventry-headquartered electric taxi maker, which is also known as London …