Cazoo owner makes first profit since 2019 September 1, 2025 The owner of Cazoo has made its first pre-tax profit since 2019 after recusing the collapsed brand last year, it has been confirmed. Motors.co.uk has posted a pre-tax profit of £621,000 for 2024, up from the loss of £9.3m it made in the prior 12 months. It is the first time the business has posted [...]
Levi Strauss bets on Beyonce as over 200 UK jobs lost September 1, 2025 The UK arm of Levi Strauss cut more than 200 jobs as its turnover jumped to almost £100m during its latest financial year. The Northampton-headquartered division reduced its headcount from 1,857 to 1,630 in the 12 months to 30 November, 2024, new accounts filed with Companies House show. Over the same 12 months, Levi Strauss’ [...]
Hundred sees 600,000 tickets sold with TV audiences up September 1, 2025 Organisers of The Hundred sold nearly 600,000 tickets for this year’s competition, with viewing figures also up for the fifth edition of the controversial cricket format. The Northern Superchargers beat the Southern Brave in the women’s final on Sunday in a match that drew 22,000 fans at Lord’s in north London. The subsequent men’s final [...]
Social Chain: Steven Bartlett’s first company returns to the black September 1, 2025 Social Chain, the media agency which was co-founded by Dragons’ Den star Steven Bartlett, has made its first profit since 2021, it has been revealed. The business, which was also set up by Dominic McGregor, has posted a pre-tax profit of £645,667 for 2024. New accounts filed with Companies House show that Social Chain’s return [...]
Arne: Brothers enjoy huge pay day as profit surges September 1, 2025 The brothers behind clothing brand Arne have raked in the cash after sales and profit at their company surged in 2024 ahead of the brand opening its first store. The Warrington-headquartered business has posted a turnover of £84.1m and pre-tax profit of £11.9m for 2024 The figures compare to the turnover of £37.4m and pre-tax [...]
Rachel Reeves tells creditors to resolve Thames Water crisis September 1, 2025 Rachel Reeves has called for a “market-based solution” to be found at Thames Water before the company is put into special administration. The Chancellor reportedly sent a letter to creditors of Thames Water to state that any solution must result in a “successful turnaround”. Her letter came after environment secretary Steve Reed said the government [...]
Voters oppose higher taxes and want Rachel Reeves sacked September 1, 2025 The majority of UK voters would be opposed to higher taxes despite pressures on public finances, a new poll has found. Analysis by economists has suggested that Rachel Reeves will have to raise taxes by as much as £50bn in the Autumn Budget, with property owners and pension pots reportedly set to be targeted by [...]
Big Brother: Can your employer monitor your whereabouts? September 1, 2025 As businesses grapple with the current economic challenges, the support measures previously offered to employees during the pandemic are being tightened. However, as companies adopt more stringent monitoring practices, the question arises: where is the line drawn between necessary oversight and the invasion of employee privacy? Headlines have been lighting up over the last year [...]
Budget 2025: Lloyds, Natwest and Barclays brace for a tax raid? September 1, 2025 Ahead of the 2024 Autumn Budget, Prime Minister Sir Keir Starmer warned Labour’s first fiscal event was “going to be painful”. He added those with the broadest shoulders “should bear the heavier burden” as Chancellor Rachel Reeves battled against an alleged ‘£22bn black hole’ inherited from the Conservative government. After lobbying efforts, banks were spared [...]