Cinch sales drop below £1bn after ‘rapidly falling’ used car prices Retail Sales are car retailer Cinch dipped below £1bn after the company was hit by “rapidly falling” used vehicle prices. For the 12 months to 31 March, 2024, the Hampshire-based firm posted a revenue of £932.5m, down from the £1.01bn it achieved in the prior year. Newly-filed accounts with Companies House also show that its pre-tax [...]
Cinch and Webuyanycar owner slashes loss despite used and electric cars woes Business The owner of Cinch and Webuyanycar slashed its loss almost in half despite suffering a sharp drop in the value of used cars in 2023. Constellation Automotive, whose brands also include Marshall Motor Group and BCA, has reported a pre-tax loss of £74.4m for the year to 31 March, 2024, down from the loss of [...]
‘British tennis is in the best shape ever’: LTA bullish despite Andy Murray’s impending exit Interview The LTA is looking to the future with confidence as the grass season cranks up at Queen's Club this week.