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Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand
NEWS
5/7/2026

Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand

Exclusive: Documents show Modella Capital, which bought the chain last year, is so far owed £2.9m in royalty feesThe investment company that owns the former WH Smith high street stores is charging the retailer millions of pounds in licence fees for the right to use its widely derided TG Jones name, the Guardian can reveal.Modella Capital – which bought the chain from WH Smith’s parent company last year – on Wednesday blamed weak consumer spending as it laid out a restructuring plan that could shut 150 of its 450 shops. It also said “the forced name change from WH Smith has also negatively impacted consumer awareness”. Continue reading...

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Guardian Business
BBC Cancels Football Focus After 52 Years Amid Digital Shift
Developing
Media·4/23/2026AI summary

BBC Cancels Football Focus After 52 Years Amid Digital Shift

The BBC is scrapping Football Focus after 52 years, with the Saturday lunchtime programme ending this season. The broadcaster cited changing audience habits, with fans increasingly consuming football content through digital platforms and on-demand viewing. BBC head of sport Alex Kay-Jelski said the decision was made before last week's £500m savings announcement. Regular presenter Alex Scott will remain with the BBC and cover next year's Women's World Cup in Brazil.

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Guardian Sport