Entrepreneurship

HSBC staff share $3.9bn bonus pot as profits top forecasts

HSBC has unveiled its largest bonus pool in 14 years after annual profits came in ahead of City expectations, handing bankers a $3.9bn windfall as the group accelerates its strategic overhaul. The FTSE 100 lender increased total variable pay by 10 per cent year-on-year, taking the 2025 bonus pot to its highest level since $4.2bn […]

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Dwelly secures £69m to accelerate AI-led rental marketplace expansion

UK property technology platform Dwelly has raised £69m ($94m) in combined equity and debt funding to expand its AI-driven roll-up of independent letting agencies across Britain. The capital raise includes a £32m equity round led by General Catalyst, with participation from Begin Capital and S16VC, alongside a £37m debt facility provided by Trinity Capital. The

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Aston Martin to cut 20% of workforce as annual losses widen

Aston Martin has confirmed it will cut 20% of its workforce after annual losses widened sharply, as the luxury carmaker battles weak global demand and the impact of US trade tariffs. The Gaydon-based manufacturer said net losses jumped 52% last year to £493.2m, while operating losses reached £259.2m. The company employs about 3,000 people globally,

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Heston Blumenthal’s restaurant empire under threat after HMRC winding-up petition

The future of The Fat Duck and other restaurants founded by Heston Blumenthal is in doubt after HM Revenue & Customs issued a winding-up petition against the chef’s parent company. HMRC has moved against SL6 Ltd, which owns The Fat Duck in Bray, Berkshire, alongside the one-Michelin-starred The Hinds Head and several affiliated ventures. Around

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John Lewis pulls plug on build-to-rent venture amid retail reset

John Lewis Partnership has abandoned its build-to-rent housing ambitions, retreating from a high-profile property diversification strategy as the group pivots back towards its core retail business. The employee-owned retailer confirmed it would withdraw from the rental housing scheme first championed by its former chair, Sharon White, who had sought to reduce reliance on retail by

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nib lifts first-half profit 22% as expense ratio falls

In an ASX release, the private health insurer and health services company with opertaions in Australia and New Zeaaland, said group revenue increased 7.7% to $1.9 billion in 1H26, up from $1.8 billion in 1H25, while net profit after tax was $82.9 million. Statutory earnings per share were 17.0 cents per share. The group’s operating expense ratio

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Chronic Disease Prevention Remained Abstract for Too Long — Barbara Mkhitarian Made It Measurable

Public Health and Nutrition Coach combines digital platforms with behavioural psychology to deliver prevention programs linked to an average 7 kg weight loss and sustained reductions in diabetes risk Chronic diseases have long ceased to be just a public health issue — today, they represent one of the most costly systemic failures of modern economies.

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