Losses balloon at Ryder Cup host Celtic Manor Resort September 9, 2025 Losses have ballooned at the company behind the former Ryder Cup host Celtic Manor Resort despite its revenue rising during its latest financial year, it has been revealed. The five-star golf, spa and hotel destination, which is located near Newport in Wales, has posted pre-tax losses of £11.3m for 2024, according to new accounts filed [...]
Tesco Mobile returns to profit thanks to Samsung Galaxy September 9, 2025 Tesco Mobile returned to profit thanks to Brits’ demand for premiums handsets such as the Samsung Galaxy S24 series, it has been revealed. The provider, which is a joint venture between the supermarket giant and Virgin Media 02, has posted a pre-tax profit of £1.2m for 2024, new accounts filed with Companies House show. The [...]
MasterChef maker’s huge losses continue amid Gregg Wallace scandal September 8, 2025 The production company behind MasterChef continued to make huge losses as the scandal surrounding the show’s presenter Gregg Wallace came to light, it has been revealed. The UK arm of French giant Banijay hit the headlines in November 2024 when Gregg Wallace announced he was stepping away from the hit BBC show after an external [...]
Uber’s UK arm warns on profit amid rising costs September 5, 2025 Uber has warned it may not remain profitable in the UK because of rising costs despite its revenue surging by more than £1bn during its latest financial year. The US giant has said it will need to generate and sustain increased revenue levels while lowering proportionate expenses in the coming years “to achieve profitability in [...]
The View from The Shard makes first profit since 2019 September 3, 2025 The business behind the viewing gallery at The Shard has returned to profit for the first time since 2019, it has been revealed. The London attraction has posted a pre-tax profit of £1.6m for 2024 after having fallen to a pre-tax loss of £678,839 in the prior 12 months. The late total comes after the [...]
Muller recovers from huge loss to make profit return September 2, 2025 The UK and Ireland arm of dairy giant Muller has returned to profit after recovering from a huge loss in 2023, it has been confirmed. The Shropshire-headquartered division of the German group has posted a pre-tax profit of £34.3m for 2024, new accounts filed with Companies House show. That comes after Muller fell to a pre-tax [...]
Nespresso cuts over 200 UK jobs amid store closures September 2, 2025 The UK arm of coffee giant Nespresso shed more than 200 jobs as it shut locations across the country in 2024, it has been confirmed. The business reduced its headcount from 716 to 499 during its latest financial year as it closed 11 of its sites. In new accounts filed with Companies House for 2024, [...]
Aga Rangemaster cuts jobs and raises prices as UK demand falls September 2, 2025 Aga Rangemaster has continued to cut jobs as it battles falling demand in the UK and prepares for the rising costs from US President Donald Trump’s tariffs. The business, which is headquartered near Nottingham, has said it is raising prices in order to attempt to offset the increased costs from US tariffs but that their [...]
The O2: Peter Kay and Olivia Rodrigo help arena to record profit September 2, 2025 The O2 in London raked in a record profit in 2024 thanks to the likes of Peter Kay, Sir Paul McCartney and Olivia Rodrigo, it has been revealed. The arena has posted a pre-tax profit of £64.8m for its latest financial year, according to new accounts filed with Companies House. The latest total is up [...]
Former Reform MP to shut down firm after allegations dismissed September 1, 2025 A former Reform UK MP is shutting down one of the companies he was alleged to have not declared a financial interest in. James McMurdock, who now sits as the independent MP for South Basildon and East Thurrock in Essex, has applied to Companies House to have Gym Live Health & Fitness Limited struck off. The move [...]