Arnold Clark counts the cost of Rachel Reeves’ tax hikes July 1, 2025 Car dealership giant Arnold Clark has revealed the tax hikes announced by Rachel Reeves in her first Budget as Chancellor will cost it an extra £30m a year. The Glasgow-headquartered group said the increase in employer’s National Insurance contributions and the rise in the National Minimum Wage will mainly be responsible for the rise. Arnold [...]
Sweet success for Haribo as sales hit new record July 1, 2025 The UK arm of sweets brand Haribo has achieved record sales for a third year running as its profit also jumped. The West Yorkshire-based division has reported a turnover of £291.5m for 2024, up from the £270.7m it achieved in 2023. The company’s UK sales increased in the year from £258.6m to £278.2m while its [...]
New Companies House filing rules risk ‘own goal’ for UK start-ups and SMEs June 30, 2025 Thousands of UK small and medium sized enterprises (SMEs) are bracing for sweeping changes to Companies House rules that will force them to disclose detailed profit and loss (P&L) statements from April 2027 – a shift that founders and investors say could hurt competitiveness, innovation and growth. “This is just making it harder than it [...]
Bodycare: Reeves creating ‘too much risk and uncertainty’ for us to expand June 30, 2025 Bodycare has slowed down the pace of opening new stores across the UK as it blamed the government for creating “too much risk and uncertainty”. The Lancashire-headquartered retailer added that “the current climate of increased costs and legislation” is impacting its growth plans. Bodycare has also said that government policy on the winter fuel allowance [...]
England rugby co-captain Jamie George’s side hustle doubles in value June 30, 2025 A side hustle co-founded by England rugby co-captain Jamie George doubled in value during its latest financial year, it has been revealed. The Carter & George Practice was set up by the Saracens and British and Irish Lions player in 2018 alongside friend Rhys Carter. The business runs physiotherapy, wellbeing and rehabilitation clinics in Amersham, [...]
Bonuses force Jonathan Ross’ talent agency into the red June 30, 2025 Staff bonuses have forced the talent agency, which looks after the likes of Jonathan Ross, Michael McIntyre and Jo Brand, into the red. Off The Kerb Productions has reported a pre-tax loss of £1.8m for the year to 30 April 2024, having posted a profit of £5.1m in the prior 12 months. The figures have [...]
Tyson Fury’s wealth almost doubles after Usyk bout June 30, 2025 The wealth of former world heavyweight boxing champion Tyson Fury almost doubled thanks to his unification title fight with Oleksandr Usyk, it has been revealed. The self-styled Gypsy King saw his wealth surge from £82.2m to £161.9m in the 12 months to the end of September 2024, according to new accounts filed with Companies House. [...]
Village Hotels in the red after takeover by Blackstone June 30, 2025 Village Hotels fell into the red in the year it was taken over by US private equity giant Blackstone, it has been revealed. The Warrington-headquartered chain slumped to a pre-tax loss of £23.5m for 2024, according to new accounts filed with Companies House. The firm has said the loss was mainly due to exceptional costs. [...]
Warburtons family in the dough after record sales and profit June 30, 2025 The family behind Warburtons almost doubled their dividend after sales and profit at the bakery giant hit new records. The Bolton-headquartered business, which is run by the fifth generation of the Warburton family, issued an interim dividend of £27.2m in the year to 28 September, 2024, it has been revealed. The pay out is up [...]
Randox: Losses widen at Covid-19 testing giant June 30, 2025 Losses have widened at Randox, which was one of the major Covid-19 testing providers in the UK, just a few years after raking in a profit of more than £200m. The Northern Ireland-headquartered business has reported a pre-tax loss of £51.8m for the year to 30 June, 2024. The loss comes after Randox posted a [...]