Getty Images largely loses landmark UK lawsuit over AI image generator

Gopichand Hinduja, the head of the UK's richest family, has passed away at the age of 85. He played a significant role in expanding his father's small textile and trading businesses into a global conglomerate.

In a surprising turn of events, former cost of living tsar, James Buttress, has resigned from his position at Ovo Energy after just 18 months. His departure raises concerns about the ongoing challenges in addressing the rising cost of living in the UK, especially as energy prices continue to soar. Buttress's insights were seen as crucial during a time when many households are struggling to make ends meet, making his exit a significant loss for the company and the broader conversation on energy affordability.

The UK state pension is the least generous among G7 countries, providing British retirees with significantly lower benefits and for fewer years compared to their counterparts in other wealthy nations. This disparity raises concerns about the financial security of older citizens in the UK, especially as it contrasts with the lower tax burden on the working-age population. Understanding these differences is crucial as it highlights the challenges faced by retirees and the ongoing debate about pension reforms.

Centrica has successfully acquired a 15% stake in the Sizewell C nuclear power project in the UK, marking a significant step in the country's energy transition. This investment not only strengthens Centrica's position in the energy sector but also supports the UK's goal of increasing low-carbon energy sources. The Sizewell C project is expected to play a crucial role in providing reliable energy and reducing carbon emissions, making this acquisition a win for both Centrica and the environment.

UK's Shadow Chancellor Rachel Reeves has indicated that tax increases may be on the horizon in her upcoming budget. This move is significant as it reflects the government's approach to addressing economic challenges and funding public services. By signaling potential tax rises, Reeves aims to prepare the public for necessary fiscal adjustments, which could impact households and businesses alike.

Hugo Boss has reported disappointing quarterly sales, falling short of expectations due to weaker demand in key markets like China and the UK. This is significant as it highlights ongoing challenges for luxury brands in navigating shifting consumer preferences and economic conditions, raising concerns about future growth.

Nobia's Q3 2025 report highlights a promising recovery in the Nordic markets, showcasing resilience and growth potential. However, the company faces challenges in the UK due to impairments. This dual narrative is significant as it reflects broader economic trends and the varying performance across regions, indicating where investors might focus their attention.

Primark's owner, ABF, is considering spinning off the fashion retailer as UK sales decline due to shoppers cutting back on clothing purchases. This move highlights the challenges faced by the retail sector, particularly in fashion, where consumer spending is shifting. The potential separation could allow Primark to focus on its core business while ABF concentrates on its food brands, but it also raises concerns about the future of the brand in a competitive market.

IBM is reportedly planning to cut thousands of jobs, raising concerns about the future of employment within the company. This move reflects ongoing challenges in the tech industry and could impact many employees.

Apollo has decided to withdraw its bid to take the pizza chain Papa John's private at $64 a share, according to sources. This move raises questions about the future of the company and its strategic direction.

As Wall Street prepares for the upcoming NYC mayoral vote, analysts are also keeping an eye on the governor races, which could provide insights into the midterm elections. The political landscape is shifting, and the outcomes may influence economic forecasts.

A judge has ruled that the Trump administration may reconsider the approval of the SouthCoast Wind project. This decision opens the door for potential changes in the project's future, reflecting ongoing debates about energy policies and environmental impacts.

A former retail worker from Dundee is sharing her experiences of abuse at work and is supporting a campaign that encourages shoppers to treat staff with respect. Her story highlights the importance of kindness and consideration in retail environments.

Starbucks is adjusting its strategy in China, highlighting the challenges Western brands face in capturing this lucrative market. With the CEO now able to focus more on revitalizing the U.S. business, the company aims to navigate the complexities of international expansion.