Losses have widened at the owner of The Groucho Club in London despite its turnover rising during its latest financial year. The Groucho Club is one of London’s most famous …
Surging gold prices send shockwaves through the chocolate market
Chocolate prices are hitting record highs amid a cocoa shortfall across West Africa. In Ghana – the world’s second-largest cocoa producer after Côte d’Ivoire – output fell by over 20 …
Newcastle’s Red Bull takeover litmus test for Prem Rugby governance
Red Bull’s ownership of Newcastle will be a “litmus test” of the quality of Prem Rugby’s current governance structures, according to a top business management consultant. The energy drink giant …
UK launches national commission to fast-track AI in the NHS
The UK government has established a national commission to accelerate the safe introduction of AI across the NHS. The panel, which brings together experts from big techs, researchers, and clinicians, …
Trump slaps 100 per cent tariff on imported drugs
US President Donald Trump announced a new round of tariffs on Thursday evening, with the pharmaceutical industry expected to be the hardest hit. Trump revealed that the US will impose …
Tesla: UK sales slump by £500m as profit slashed
Sales at the UK arm of Elon Musk’s Tesla slumped by more than £500m as its profit was also slashed during its latest financial year. The division, which is headquartered …
Live Nation: UK concert promoter has lost over £150m since last profit
Losses have surged at the UK concert promotion division of Live Nation as its turnover was also cut during its latest financial year. The arm of the US giant has …
Checkout.com valuation slides to $12bn as it unveils employee share buyback
Checkout.com said its valuation has hit $12bn (£9bn) as the London fintech reported a surge in growth and unveiled an employee share buyback. The valuation is a boost on the …
Women’s Rugby World Cup has shown ROI potential of women’s sport
On Saturday afternoon 82,000 fans will pack into Twickenham’s Allianz Stadium for the Women’s Rugby World Cup final. A fully professional England Red Roses team will win their first title …
Oasis fans’ supersonic spending tops Swifties in economic boom
Oasis fans have topped the economic boost of Taylor Swift, with spending reaching over £5m at their first Wembley concert this year. The ‘Gallaghernomics’, as dubbed by Lloyds in their …