• WH Smith profit lands at forecast floor

    WH Smith expects annual profit at its previous guidance floor. Revenue grew during the summer, but promotional activity, inflation and weaker margins have constrained the travel retailer’s earnings.


  • Morrisons sales accelerate in third quarter

    Morrisons has accelerated sales growth during its latest trading quarter. Like-for-like sales rose 3.2% as the supermarket combined market-share gains with further cost savings and digital expansion.


  • AI companies drive London office demand

    AI businesses are taking substantially more office space across London. More than 700,000 sq ft was leased during the first half of 2026, increasing competition for prime central locations.


  • Reach cuts 220 editorial roles

    Reach cuts 220 editorial roles

    Reach is cutting editorial capacity as digital traffic economics change. The publisher proposes 220 job reductions while investing selectively in subscription and longer-form video roles.


  • CMA launches McCormick-Unilever merger inquiry

    UK regulators have opened formal scrutiny of McCormick’s Unilever acquisition. The CMA has set 11 November for its Phase 1 decision on the proposed foods-business transaction.


  • FCA defines new crypto authorisation perimeter

    Crypto companies now have final guidance on UK authorisation requirements. The FCA application gateway opens on 30 September, more than a year before the wider regulatory regime takes effect.


  • Payment friction stalls UK overseas growth

    Cross-border payment friction is constraining UK companies’ international growth plans. Airwallex and Cebr estimate £10.5bn of working capital is affected annually, while 55% of surveyed businesses say they have scaled back overseas expansion.


  • Nissan commits £170m to Sunderland model

    Nissan is committing fresh investment to its Sunderland manufacturing operation. Around £170m will support production of the Kicks e-POWER crossover, strengthening the plant’s role in Nissan’s European manufacturing network.


  • Chemify secures £89.9m Glasgow expansion

    Chemify is expanding its Glasgow operations through major new investment. The £89.9m programme combines £22m of public support with £67.9m from the company and could create up to 300 skilled jobs.


  • Scotland pauses hyperscale data centre decisions

    Scotland has tightened planning controls on large data centre developments. Mandatory environmental assessments above 50MW have been followed by a temporary pause on hyperscale decisions while national guidance is prepared.