Spaghetti House collapses after 70 years
Spaghetti House, a UK Italian restaurant chain since 1955, has entered administration, closing all six London locations due to rising costs.
Category : Business
BT Wins Five-Year Digital Deal with BAE Systems
BT has signed a five-year deal with BAE Systems to provide secure connectivity across 40 countries, supporting digital tools for staff amid rising defence spending.
Lego Digital Play Posts First-Year Profit
Lego's digital arm, Lego Digital Play, made £1.4m pre-tax profit in its first year, signaling a shift from physical bricks to digital experiences.
Knight Rider Car Replica Gets NYC Speeding Ticket
A replica of the Knight Rider car Kitt received a $50 speeding ticket in Brooklyn, but the Volo Museum in Illinois says their display car hasn't moved in years.
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Best Camping Mattresses 2026: Expert Tested for Comfort
Expert tests 27 camping mattresses to find the best for comfort, durability, and portability. Top picks for budget, luxury, double, and expeditions.
US Stock Markets Soar Amid Turmoil: What's Driving the Rally?
Despite war, inflation, and Trump's tariffs, US stock markets continue to surge. Explore the factors behind the rally, from AI investments to a K-shaped economy.
Pokémon-Style Game Lets Players Catch UK MPs
Politidex, a free mobile game inspired by Pokémon, lets players catch and train UK MPs and councillors through debates. Launched May 6, it features 18,000+ characters and aims to humanize politics.
Privately Educated CEOs Seen as Safer Bet by Investors
A study finds privately educated CEOs are perceived as safer by investors, despite no performance difference, with the effect weakening over time.
Hedge Fund Proposes £1bn Buyout of Spire Healthcare
Spire Healthcare shares surge nearly 50% after Toscafund, led by Martin Hughes, proposes a £1bn buyout at 250p per share, with board backing.
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UK Economy Grows 0.3% in March, Reeves Cites Stability
UK GDP grew 0.3% in March, surprising economists. Chancellor Rachel Reeves says now is not the time to risk stability, as Labour leadership contest intensifies.
Farage Bought £1.4m Property Cash After £5m Crypto Gift
Nigel Farage purchased a £1.4m property in cash shortly after receiving a £5m gift from crypto billionaire Christopher Harborne, amid a parliamentary investigation.
UK Accounting Revenue Hits Record £4.3bn in March
UK accounting sector revenue hit a record £4.3bn in March, up nearly 10% from February. Experts warn Iran conflict may lead to short-lived gains and a summer of slow growth.
London Road Closures During Tommy Robinson Protests
Central London faces major road closures as 80,000 protesters, including Tommy Robinson, and 30,000 counter-protesters march on Saturday, coinciding with the FA Cup Final.
Twickenham Stadium Concert Plan Revived with New Limits
RFU renews bid for 15 concerts at Allianz Stadium, adding crowd caps, extra trains, and priority tickets for residents to address concerns.
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Tate & Lyle Shares Surge on £2.7bn Takeover Bid
Tate & Lyle shares jumped 45% after receiving a £2.7bn takeover bid from US company Ingredion. The FTSE 250 firm's board is considering the 615p per share proposal.
Klarna Returns to Profit with Second $1bn Quarter
Klarna posts $17m profit in Q1 2026, swinging from $90m loss, as revenue hits $1bn for second straight quarter. Cost-cutting and AI adoption boost revenue per employee to $1.4m.
Schroders' Plan to Dominate Europe's ETF Market
Schroders outlines its strategy to expand in Europe's competitive ETF market, focusing on active ETFs and leveraging its global investment expertise.
Aston Martin DB12 S Review: Hedonistic Grand Tourer
The Aston Martin DB12 S gains 700hp, sharper chassis, and sportier styling. We drive the new grand tourer in the south of France. Coupe from £205k.
Euronext CEO Candidate Departs for ASX Role
Euronext CEO candidate Attia leaves to become CEO of the Australian Securities Exchange, marking a significant leadership change.
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Banana Tree Uber Eats Partnership Expands Delivery
Banana Tree partners with Uber Eats nationwide, offering Southeast Asian dishes like Thai Green Curry and Pad Thai for delivery across all UK locations.
John Lewis Unveils Platter Concept to Replace Cafés
John Lewis is replacing its The Place To Eat cafés with a new concept called Platter, in partnership with Benugo. The first refurbished spaces open this month, with a refreshed menu featuring deli, bakery, and pizza dishes.
Virgin Media TV Outage: Thousands Report Pixelated Channels
Virgin Media is experiencing a major TV outage, affecting over 4,000 users across the UK. Pixelated channels and service errors are reported. Broadband remains unaffected.
Mr Kipling's biggest year boosts Premier Foods profit
Premier Foods reports profit before tax of £181.9m, beating expectations, driven by Mr Kipling's best-ever year fueled by new bitesize cake tubs.
Wealth Management in 2050: AI, Blockchain, and Sustainability
Explore how wealth management will evolve by 2050 with AI, blockchain, and ESG investing reshaping the industry for a digital and sustainable future.
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Eurovision Economics: Rising Costs Drive Withdrawals
Eurovision 2026 sees high-profile withdrawals driven not just by politics but also by rising costs and uncertain returns for broadcasters, as analyzed by economist Matthew Allen.
Landsec Shifts to Retail, Sees No Spending Slowdown
Landsec, UK's largest commercial property developer, pivots from offices to retail, citing strong consumer spending and higher returns despite market gloom.
Victoria Coren Mitchell's Fear of Flying Story Resurfaces
A distressing tale about Victoria Coren Mitchell's aviophobia has resurfaced: her therapist died in a plane crash. The Only Connect star now travels only by rail or boat.
Dunelm Egg Chair £100 Off: Shoppers Love It
Dunelm's Santorini Egg Chair is now £149, down from £249. Shoppers praise its comfort and style, despite some assembly issues. Available in jade mist and multicoloured.
GTA 6 Pre-Order Dates Leaked by Best Buy Amid Trailer 3 Buzz
Best Buy accidentally emails affiliates about GTA 6 pre-orders from May 18-21, fueling speculation of a new trailer and official announcement soon.
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UK Firms Spend Billions on AI But Gain Extra Admin Work
UK companies invest heavily in AI, yet employees lose nearly a day weekly on admin tasks AI was meant to eliminate, causing burnout and distrust.
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