The billionaire majority owner of Virgin Active is looking to list the business in the UK, according to reports. South African Christo Wiese owns the company private equity firm Brait, …
Personal Finance
Tories concerned about overreach in new Labour Football Governance Bill
The Conservatives issued a caution against potential overreach of the Independent Football Regulator on Wednesday as the Football Governance Bill returned to Westminster. Initially introduced into the House of Commons …
Homebase sold in rescue deal to CDS but 2,000 jobs still at risk
Homebase has been sold to retail group CDS in a rescue deal securing up to 1,600 jobs and 70 stores. However, the future of around 2,000 workers and 49 stores …
FCA to reshape ‘name and shame’ policy following City backlash
The Financial Conduct Authority (FCA) is set to “fundamentally reshape” its controversial ‘name and shame’ policy following backlash from the City. FCA chair Ashley Alder admitted today that the watchdog …
F1 owner Liberty Media CEO Maffei to step down after 20 years
The chief executive of Formula 1 owner Liberty Media Greg Maffei will leave the firm after 20 years, it was announced on Wednesday. Maffei, 64, will be replaced by chairman …
Elon Musk and Fox News host chosen for Trump cabinet and advisory roles
Tech billionaire Elon Musk and Fox News host Pete Hegseth have been asked to serve as advisors and in Donald Trump’s cabinet. Musk is set to lead a new US …
Nvidia and Softbank team up to build new AI supercomputer
Chip behemoth Nvidia has revealed a partnership with the Japanese tech giant Softbank to build an AI supercomputer, furthering its position in the AI arms race. The supercomputer will be …
Retailers warn of ‘inevitable’ job losses and price rises after budget tax hikes
Retail bosses warned that they will be forced to hike prices and cut jobs due to the government’s tax hikes, as the sector braces for a substantial increase in employment …
Motor finance: The legal battles are only just beginning
The legal troubles for banks and lenders may widen says a lawyer, following the success of the landmark ruling last month over motor finance. Manchester-based Consumer Right Solicitors (CRS) has …
Wasps step closer to new Kent home and Championship spot
Two-time European champions Wasps moved a step closer to reviving their defunct rugby club after they secured land in Kent for a new stadium. The site in Swanley has been …