Beyoncé buys out LVMH’s stake in SirDavis whisky brand
Beyoncé has taken full control of SirDavis, the whisky brand she launched with LVMH's Moët Hennessy in 2024, after the French group sold its stake.
Harrods returns to £84.9m profit after Al Fayed compensation payouts
Harrods profit rebounded to £84.9m in the year to January, its latest accounts show, after Al Fayed compensation payouts drove last year's £34m loss.
Cambridge Aerospace valued at $3.4bn after raising $300m
Cambridge Aerospace has raised $300 million at a $3.4 billion valuation to expand its Skyhammer and Starhammer interceptors, two years after launch.
87% of parents want entrepreneurial skills taught in schools
Virgin StartUp research reports that 35 per cent of parents would rather their child start a business than go to university, with 85 per cent in support.
33 automotive projects set to share £47m in DRIVE35 funding round
DRIVE35 funding of more than £47m has been awarded to 33 UK automotive projects, a round expected to leverage over £90m of total project investment.
Permanent hiring stops falling for first time in nearly four years
UK permanent hiring stabilised in July as the REC-KPMG jobs report's placements index hit 50 for the first time in nearly four years, led by London.
Lloyds fights High Court claims over alleged £1.2bn Arena TV fraud
Lloyds Banking Group is defending High Court claims of up to £1.1bn and £280m over the alleged £1.2bn Arena Television lending fraud. Trial set for 2028.
Analysts expect gilt yields to fall before 28 October budget
Gilt yields are forecast to fall before the 28 October budget, analysts say, as investors weigh UK bonds against volatile US and Japanese debt markets.
Please remain seated: Westminster’s war on vertical drinking
Richard Alvin argues Westminster's vertical drinking clampdown is the scotch egg rule reborn, and the West End pub cannot survive being made to sit down.
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