Sell-out Farnborough International Airshow boosted by Airbus and Boeing deals July 29, 2025 Finances at the company behind the Farnborough International Airshow took off after the bi-annual show saw deals worth more £81bn agreed, it has been revealed. The accounts for Farnborough International, which runs the airshow as well as an exhibition and conference centre alongside two film studios, show the business achieved a turnover of £52.3m in [...]
Canon: UK losses almost triple after expectations fall short July 29, 2025 Losses have almost tripled at the UK arm of camera and printer giant Canon as its performance fell below its expectations. The Uxbridge-headquartered division has reported a pre-tax loss of £14.4m for 2024, according to new accounts filed with Companies House. The latest pre-tax loss comes after Canon UK posted a loss of £5.1m for [...]
LNER revenue passes £1bn as cancellations cut July 28, 2025 LNER, which operates most services on the East Coast Main Line, saw its revenue pass the £1bn mark as it cut the number of trains it cancelled during its latest financial year. The business, which is owned by the Department for Transport, has seen its revenue increase from £866.5m in the year to 31 March, [...]
Northern: Cancellations rise as train company’s profit grows July 28, 2025 Government-owned train company Northern cancelled more services as its profit rose during its latest financial year, it has been revealed. The number of trains cancelled by the business increased from 7.2 per cent to eight per cent in the 12 months to 31 March, 2025, new accounts filed with Companies House show. The rise in [...]
Wayfair more than halves UK workforce in two years July 28, 2025 Online retail giant Wayfair has more than halved the number of people it employs in the UK in the space of two years, it has been revealed. The UK division of the US homewares and furniture seller had a headcount of 405 at the end of 2024, compared to 587 in 2023 and 847 in [...]
Wasabi: Sushi restaurant chain sheds jobs as profit slashed July 28, 2025 Profit at popular London sushi restaurant chain Wasabi has been slashed as it shed more than 100 jobs during its latest financial year, it has been revealed. The business has reported a pre-tax profit of £2.2m for 2024, according to new accounts filed with Companies House. The latest total comes after Wasabi posted a pre-tax [...]
Christian Dior: UK sales and profit slashed despite demand for watches and jewellery July 28, 2025 Sales and profit at the UK arm of Christian Dior have been slashed despite the uptick in demand for the luxury fashion brand’s watches and jewellery. The London-based division’s revenue fell from £32.4m to £280m in the year while its pre-tax profit was also cut from £46.6m to £27.6m over the same period. Its latest [...]
Christie’s: Contemporary art helps auction house sales surge July 25, 2025 Sales at the London showroom of auction house Christie’s have started to make a recovery after suffering a slump in 2023, it has been revealed. The group’s UK arm has posted sales of £919.4m for 2024, a rise of almost 12 per cent compared to 2023’s total. Christie’s UK sales were slashed from £1.1bn in [...]
Steven Bartlett: Dragons’ Den star quits PR agency he owns July 23, 2025 Dragons’ Den star Steven Bartlett has stepped down as a director of a PR agency he bought three years ago. The Diary of a CEO podcast host’s company, Flight Story, acquired London-based R Agency in 2022 for an undisclosed sum. The firm was set up by Rebecca Ridge in 2013 and has worked with the [...]
HPE: Hewlett-Packard Enterprise’s UK profit quadruples despite sales slump July 23, 2025 Profit at the UK arm of Hewlett-Packard Enterprise (HPE) almost quadrupled during its latest financial year despite its sales being slashed by nearly £150m. The division of the US tech giant has posted a pre-tax profit of £97.6m for the 12 months to 31 October, 2024, according to new accounts filed with Companies House. The [...]