The Ritz: Luxury London hotel makes fifth consecutive loss September 29, 2025 The Ritz hotel in London has made a loss for the fifth year in a row despite its turnover jumping in 2024, it has been revealed. The five-star hotel has reported a pre-tax loss of almost £3m for its latest financial year, down from the £10m loss it posted for 2023. The Ritz also made [...]
Profit spikes at Asda billionaire’s property empire September 29, 2025 Profit at the property empire co-founded by a billionaire backer of supermarket giant Asda spiked to a new record in 2024, it has been revealed. Monte Blackburn was set up by brothers Mohsin and Zuber Issa in 2016 and has a number of property interests across the North West of England. The billionaire brothers, who [...]
GBK: Gourmet Burger Kitchen creates 600 jobs amid profit return September 29, 2025 Gourmet Burger Kitchen has created almost 600 jobs as it returned to profit during its latest financial year. The restaurant chain increased its headcount from 1,652 to 2,235 in 2024, according to new accounts filed with Companies House. The results have also revealed that Gourmet Burger Kitchen achieved a pre-tax profit of £4.8m for the [...]
Profit at Jamie Laing’s Candy Kittens slashed after major change September 29, 2025 Profit at Candy Kittens, the cat-shaped confectionary brand owned by Radio One DJ and Made in Chelsea star Jamie Laing, has been slashed after it made a major change in 2024. The business, which specialises in vegetarian and vegan sweets, decided to switch focus to distribute more to grocers in the UK at the end of 2023 and signed [...]
Groove Armada DJ’s side hustle rakes in millions after Clarkson’s Farm boost September 26, 2025 A wild farming brand co-founded by one half of Groove Armada has surged in value after appearing on Clarkson’s Farm. Wildfarmed was set up by Groove Armada’s Andy Cato alongside former TV presenter George Lamb and Edd Lees in 2018. The business aims to aims to transform landscapes and food systems by producing nutritious, sustainable [...]
Losses widen at owner of scandal-hit The Groucho Club September 26, 2025 Losses have widened at the owner of The Groucho Club in London despite its turnover rising during its latest financial year. The Groucho Club is one of London’s most famous private members’ clubs and has been going since 1985. The Soho venue was founded a a more relaxed alternative to traditional gentlemen’s clubs and has [...]
Live Nation: UK concert promoter has lost over £150m since last profit September 26, 2025 Losses have surged at the UK concert promotion division of Live Nation as its turnover was also cut during its latest financial year. The arm of the US giant has reported a pre-tax loss of £10.7m for 2024, according to new accounts filed with Companies House. The latest figure comes after Live Nation (Music) UK [...]
Tesla: UK sales slump by £500m as profit slashed September 26, 2025 Sales at the UK arm of Elon Musk’s Tesla slumped by more than £500m as its profit was also slashed during its latest financial year. The division, which is headquartered in Manchester, has reported a revenue of £1.94bn for 2024, new accounts filed with Companies House show. The new figure comes after Tesla posted a [...]
Huge losses revealed at Purplebricks after takeover September 25, 2025 Online estate agency Purplebricks racked up huge losses in the year it was taken over by Strike, it has been revealed. New accounts filed nine months after the Companies House deadline show the firm’s pre-tax losses went from £19.4m to £37.8m in the year to 31 March 2024. Over the same period, its turnover rose [...]
Eden Project: Losses more than double amid job cuts September 25, 2025 Losses at the Eden Project in Cornwall more than doubled as a “major restructuring” led to a large number of jobs being cut. New accounts filed with Companies House show that its pre-tax loss went from £1.5m to £3.5m. The latest figure comes after the Eden Project also posted a pre-tax loss of £868,000 in [...]