Business

Business

WH Smith’s successor begins fight to stave off bankruptcy

TG Jones is expected to unveil plans for a raft of closures and demands for rent cuts – or else be forced into administration

The London cityscape with prominent bank buildings including Citi, State Street, HSBC, and Barclays, and a boat on the water in the foreground.
INTERVIEW
Canary Wharf was a wasteland. Now you can swim in ‘version 4.0’

Since becoming boss of the Docklands estate in 2019, Shobi Khan has built a leisure ‘city’ to go alongside the bankers in glass towers

COMMENT
RISHI SUNAK
Prime ministers have to own bad calls like Mandelson

I have more regrets about decisions I didn’t take than ones that I did, but that’s the job. Ever more bureaucracy will only make government worse

Illustration of three delivery drivers on scooters racing to deliver a hot pizza from a box.
How Uber Eats stole Britain’s lunch … and kickstarted a price war

Using the ride-hailing app’s vast user base, the restaurant delivery business is devouring market share in a fight for takeaway supremacy

An OVO Energy worker holding a toolbox walks past an OVO electric van.
‘Challenger’ Ovo poised for sale to German energy giant Eon

Former disruptor, now one of the UK’s biggest energy suppliers, has been forced into a sale after years of financial pressures

Illustration of a red downward trending arrow graph with a Spurs football logo inside a football goal.
Illustration of a red downward trending arrow graph with a Spurs football logo inside a football goal.
Why Tottenham’s relegation fight spells a £1.5bn problem for investors

The implosion of the world’s ninth-biggest football club should spur their rivals to worry — will big-money backers be spooked out of the sport?

An OVO Energy worker holding a toolbox walks past an OVO electric van.
‘Challenger’ Ovo poised for sale to German energy giant Eon

Former disruptor, now one of the UK’s biggest energy suppliers, has been forced into a sale after years of financial pressures

Illustration of a red downward trending arrow graph with a Spurs football logo inside a football goal.
Illustration of a red downward trending arrow graph with a Spurs football logo inside a football goal.
Why Tottenham’s relegation fight spells a £1.5bn problem for investors

The implosion of the world’s ninth-biggest football club should spur their rivals to worry — will big-money backers be spooked out of the sport?

Whitbread investors to bag £1.5bn with hotel sell-off

Hospitality group to sell one in five of the freehold hotel properties it owns outright following a strategic review

Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Earthshot Prize boss: Firms should not succumb to ‘green hushing’
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Heathrow passenger charges ‘to double’ to fund third runway
Premier Inn sign with the company logo.
Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Premier Inn sign with the company logo.
Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Earthshot Prize boss: Firms should not succumb to ‘green hushing’
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Earthshot Prize boss: Firms should not succumb to ‘green hushing’
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Heathrow passenger charges ‘to double’ to fund third runway
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Heathrow passenger charges ‘to double’ to fund third runway
Whitbread investors to bag £1.5bn with hotel sell-off

Hospitality group to sell one in five of the freehold hotel properties it owns outright following a strategic review

Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Premier Inn sign with the company logo.
Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Premier Inn sign with the company logo.
Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Earthshot Prize boss: Firms should not succumb to ‘green hushing’

Prince William’s Earthshot Prize rewards firms that take on green issues. Its new leader, former Ikea boss Jesper Brodin, says their stories must be heard

Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Heathrow passenger charges ‘to double’ to fund third runway

Civil Aviation Authority report concludes that costs may jump to £52 per passenger as it readies plans for the new landing strip and terminal

Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Earthshot Prize boss: Firms should not succumb to ‘green hushing’
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Heathrow passenger charges ‘to double’ to fund third runway
Premier Inn sign with the company logo.
Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Premier Inn sign with the company logo.
Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Earthshot Prize boss: Firms should not succumb to ‘green hushing’
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Earthshot Prize boss: Firms should not succumb to ‘green hushing’
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Heathrow passenger charges ‘to double’ to fund third runway
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Heathrow passenger charges ‘to double’ to fund third runway
Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Premier Inn sign with the company logo.
Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Premier Inn sign with the company logo.
Premier Inn sign with the company logo.
Whitbread investors to bag £1.5bn with hotel sell-off
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Aerial view of London's financial district at sunrise, with modern skyscrapers reflecting the sun's rays.
Investors could lose vote on bosses’ pay or in person AGMs
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
Pascal Jauffret and Hervé Hélias of Forvis Mazars in their Paris office.
The world is running out of auditors, Forvis Mazars CEO warns
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Jesper Brodin, CEO of IKEA, walks along a concrete barrier by the sea in Helsingborg, Sweden.
Earthshot Prize boss: Firms should not succumb to ‘green hushing’
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Illustration of Heathrow Airport's third runway passing over a widened M25 motorway.
Heathrow passenger charges ‘to double’ to fund third runway
Rob Abrahams and Rob Green standing next to a dining table.
INTERVIEW
HOW I MADE IT
My £20m paint business is a wall-to-wall success

Rob Abrahams co-founded Coat six years ago. Now it competes with the likes of Farrow & Ball

Entrepreneurs
Headshot of David Smith.
David SmithA fall in unemployment — but can it possibly last?
Hannah Prevett.
Hannah PrevettYour job feels like a golden cage. How do you escape?
Headshot of Irwin Stelzer.
Irwin StelzerThe path is clear for Kevin Warsh to plot radical change at the Fed
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Entrepreneurs

Audrey Hepburn as Holly Golightly in "Breakfast at Tiffany's," holding a pastry and a drink in front of Tiffany's jewelry store.
ENTREPRENEURS
Oliver Goldsmith celebrates a century of iconic eyewear

Leading the family firm made famous by movie stars into its second century, Claire Goldsmith blends vintage designs with modern sales methods

Audrey Hepburn as Holly Golightly in "Breakfast at Tiffany's," holding a pastry and a drink in front of Tiffany's jewelry store.
ENTREPRENEURS
Oliver Goldsmith celebrates a century of iconic eyewear
VENTURE CAPITAL
Investors grow wary of start-ups but fight over AI

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