Claridge’s: Five-star London hotel falls into the red October 6, 2025 Claridge’s, the iconic five-star London hotel, has slipped into the red despite its revenue rising during its latest financial year, it has been revealed, amid major redevelopment work. For 2024, the hotel has posted a pre-tax loss of £5.4m, down from the £7.2m pre-tax profit it achieved in 2023. However, new accounts filed with Companies [...]
Red Bull sales spike ahead of England ban October 3, 2025 Sales of Red Bull have spiked ahead of a planned new law in England to ban energy drinks being sold to under 16s. The giant has reported a UK revenue of £668.3m for 2024, up from the £594.1m it achieved in 2023. New accounts filed with Companies House also show that its pre-tax profit rose [...]
Jamie Oliver slashes income as profit slips at business empire October 3, 2025 Jamie Oliver and his wife Jools took home £2m less in 2024 as profit slipped at the TV chef’s business empire. The couple paid themselves a dividend of £500,000 for the year, down from the £2.5m they received for 2023. That figure was significantly lower than the £6.8m they took home in 2022. A spokesperson [...]
London Luton Airport: Profit more than doubles ahead of expansion October 3, 2025 Profit at London Luton Airport more than doubled in 2024 ahead of major expansion plans being signed off by the government. The airport has posted a pre-tax profit of £89.8m for its latest financial year, new accounts filed with Companies House show. The total is up significantly from the £39.9m pre-tax profit London Luton Airport [...]
Wren Kitchens: Profit almost wiped out as 500 jobs lost October 3, 2025 Profit at the owner of Wren Kitchens has almost been wiped out as it shed more than 500 jobs during its latest financial year. The West Retail Group, which is headquartered in Yorkshire, has posted a pre-tax profit of £1m for 2024, new accounts filed with Companies House show. The total comes after the business made [...]
Rebranded Channel 5 returns to profit despite advertising hit October 3, 2025 Broadcaster 5 returned to profit despite its turnover falling by almost £80m during its latest financial year, it has been revealed. The business, which is owned by Paramount, has posted a pre-tax profit of £30.6m for 2024, new accounts filed with Companies House show. The total is up from the £159.5m pre-tax loss it reported [...]
JCB billionaire banks record £866m pay day October 3, 2025 The billionaire Bamford family paid themselves £866m despite JCB’s sales and profit being slashed in 2024, it has been revealed. The Staffordshire-headquartered manufacturer issued the huge dividend which was up significantly from the £300m it paid out in 2023. The dividend total from 2023 had previously been JCB’s largest pay out in a decade until [...]
Google UK cuts 400 jobs as turnover nears £3bn October 3, 2025 The UK arm of Google cut almost 400 jobs during its latest financial year as its turnover neared the £3bn mark, it has been revealed. The London-headquartered division reduced its headcount from 7,422 to 7,029 in 2024, new accounts filed with Companies House show. The results also reveal that Google UK’s turnover increased in the [...]
Sky back in profit ahead of cutting 900 UK jobs October 2, 2025 Media and telecoms giant Sky recovered from losing almost £800m to return to the black in 2024 before preparing to cut hundreds of jobs. Sky, which was bought by the US media company Comcast for £30bn in 2018, has posted a pre-tax profit of £253m for its latest financial year. The total comes after Sky fell [...]
New Balance: UK sales pass £1bn for the first time October 2, 2025 Sales at the UK arm of New Balance have surged to more than £1bn for the first time, it has been revealed. The Cheshire-headquartered division has posted a turnover of £1.02bn for 2024, new accounts filed with Companies House show. The total is up from the £882.1m it achieved in 2023, the £679.7m it posted [...]