Steven Bartlett-backed matcha drink Perfect Ted rockets in value September 1, 2025 PerfectTed, the matcha energy drink brand backed by Dragons’ Den star Steven Bartlett, has rocketed in value, it has been revealed. The company, which was founded in 2021 by Marisa Poster and brothers Teddie and Levi Levenfiche, appeared on BBC One show Dragons’ Den in 2023 and won the backing of Steven Bartlett as well as [...]
Spotify creating new UK jobs after redundancies September 1, 2025 The UK arm of Spotify is creating new UK jobs this year after shedding more than 200 jobs in 2024 as its profit continued to rise despite a fall in revenue, it has been revealed. The division of the Swedish audio streaming giant cut its workforce from 1,039 employees during its latest financial year, according [...]
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 [...]