Fabergé lost millions before takeover deal September 23, 2025 Fabergé, the jeweller famous for its imperial Russian Easter eggs, fell into the red in the year before being sold to a technology investor for $50m (£37m) last month. The company is set to be taken over by SMG Capital, a US investment company controlled by the tech backer Sergei Mosunov. Fabergé is currently owned [...]
Elizabeth Line operator doubles profit before contract loss September 23, 2025 Profit at the first company to operate the Elizabeth Line in London more than doubled in the year before it lost the contract, it has been revealed. The division of MTR Corporation is part of the wider majority government-owned public transport operator and property developer in Hong Kong and had run the line since it first opened. However, the [...]
Jack Whitehall: Comedian’s fortune swells after Netflix special September 22, 2025 The fortune amassed by comedian Jack Whitehall jumped by more than £1m in 2024, new documents have revealed. Through his company Jackpot Productions, the comic’s wealth grew from £11.4m to £12.7m during the firm’s latest financial year. The latest figure has been published in new accounts filed with Companies House. Jackpot Productions was set up [...]
Podcast giant Acast’s UK losses slashed in half September 22, 2025 The UK arm of podcast giant Acast slashed its losses in half during its latest financial year, it has been revealed. The division is behind the likes of That Peter Crouch Podcast, Shagged Married Annoyed with Chris and Rosie Ramsey and Off Menu with Ed Gamble and James Acaster. New accounts filed with Companies House [...]
Lavazza: Profit doubles amid ‘unprecedented’ price rises September 22, 2025 Profit at coffee brand Lavazza doubled in the UK during its latest financial year as it battled “intense pressure” on its supply chain and “unprecedented” price rises. The Uxbridge-headquartered division has posted a pre-tax profit of £3.2m for 2024, up from the £1.5m it achieved in 2023. New accounts filed with Companies House also show [...]
Heinz: UK profit rockets despite ketchup and baked beans battles September 22, 2025 Profit has nearly doubled at the UK arm of Heinz despite “strong competition” from rivals to its sauces and beans categories. The London-headquartered division of the US giant has reported a pre-tax profit of £191.9m for 2024, according to new accounts filed with Companies House. The total is up from the £104.1m it achieved in [...]
Reddit: Revenue more than triples as UK profit jumps September 22, 2025 Revenue at the UK arm of Reddit more than tripled during its latest financial year as profit also surged, it has been revealed. The London-headquartered division has posted a revenue of £96.7m for 2024, new accounts filed with Companies House show. That total is up significantly from the £28.4m it posted for 2023. From 1 [...]
Manchester United stadium designer rakes in the millions September 22, 2025 The architecture empire founded by Sir Norman Foster has issued a £83m pay out after revenue and profit rocketed following a surge in activity in the Middle East. Foster + Partners has declared the huge dividend for the year to 30 April, 2025, which will be mainly paid to Canadian private investor, Hennick & Company. The [...]
Sir Ridley Scott suffers £10m hit as firm remains in the red September 19, 2025 Sir Ridley Scott’s production company remains in the red amid suffering a £10m hit to its turnover during its latest financial year, it has been revealed. Ridley Scott Associates has posted a turnover of £19.9m for the 12 months to 30 September, 2024, new accounts filed with Companies House show. The latest figure is down [...]
Reeves’ tax hikes ‘won’t bring inflation down anytime soon’, Smeg warns September 18, 2025 The tax hikes introduced by Chancellor Rachel Reeves in last year’s Autumn Budget will mean it is “sometime” before inflation gets down to the government’s two per cent target, the UK arm of kitchenware brand Smeg has warned. The Abingdon-based division said the increase to employers’ National Insurance contributions, which came into effect in April, [...]