McLaren F1 is set for a £3bn valuation after two shareholders buy out the minority stakes they don’t already own. The sovereign wealth fund of Bahrain, Mumtalakat, and UAE-based investment …
Outlook for UK economy ‘remains subdued’ as bosses battle cost hikes
Private sector bosses are predicting activity to shrink again over the next three months when a fresh bout of inflation is expected to compound cost pressures hoisted upon them at …
The worrying bond market trend no one is talking about
Spiking interest rates on the UK government’s borrowing costs have set off a fresh wave of commentary on the health of Britain’s economy. Ali Lyon explores why it is only …
The best restomods to buy in 2025
Restomods divide opinion like a famous jar of yeast extract, but clearly they are here to stay. And rightly so in our opinion – these modified classic cars are more …
Sweaty Betty cuts jobs as brand returns to profit
Fashion brand Sweaty Betty cut almost 100 jobs as it returned to profit for the first time since 2021. The London-headquartered business cut its workforce from 990 to 903 employees …
Spotify sheds UK jobs as profit climbs
The UK arm of Spotify shed almost 200 jobs in 2024 as its profit continued to rise despite a fall in revenue, it has been revealed. The division of the …
Steven Bartlett-backed matcha drink Perfect Ted rockets in value
PerfectTed, the matcha energy drink brand backed by Dragons’ Den star Steven Bartlett, has rocketed in value, it has been revealed. The company, which was founded in 2021 by Marisa …
Wise mulls UK banking licence after ditching London listing
Money transfer firm Wise is looking into a UK banking license following the fintech ditching its primary listing on the London stock market earlier this year. The company has reached …
A Treasury reshuffle on the eve of a Budget is a bad sign for Reeves
Handing responsibility for the economy to a man who was director of policy for Ed Miliband is a sign of desperation from Rachel Reeves, says Eliot Wilson Every time I …
Greene King landlords plea for Rachel Reeves to cut bills
More than 600 Greene King landlords have called on Chancellor Rachel Reeves to lower taxes for pubs ahead of the Autumn Budget as the sector grapples with ever-rising costs. The …