Tanger CEO says World Cup drove up traffic, sales this summer
Tanger CEO reports increased traffic and sales in June and July driven by World Cup tourism, with the company positioned in eight of eleven host cities.
Car washes and vape shops can still sponsor skilled foreign workers despite visa changes
Over 1,900 small businesses including vape shops and car washes retain licenses to sponsor foreign workers despite visa rule tightening in July 2025, BBC Verify investigation reveals.
Owner of Nottingham bicycle maker Raleigh files for insolvency
Accell, the Dutch parent company of historic bicycle manufacturer Raleigh, has initiated insolvency proceedings after reporting inability to meet financial obligations.
Diageo to nearly double Guinness production and cut jobs in turnaround plan
Diageo’s CEO plans to nearly double Guinness production and cut a significant portion of its 30,000-person workforce as part of a turnaround strategy targeting $1bn in annual savings.
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
Sweetgreen slashed its full-year sales guidance due to consumer hesitancy surrounding a cyclospora outbreak affecting fresh produce, despite the chain not being directly implicated in the contamination.
Meta told to pay another $567m in New Mexico child safety lawsuit
A New Mexico judge ordered Meta to pay $567 million for failing to warn of child safety dangers on its platforms, marking the largest child safety fine against the company.