LBC owner loses £140m despite revenue marching towards £1bn January 5, 2026 Global, the media giant behind the likes of radio stations LBC, Capital and Heart, lost £140m during its latest financial year despite its revenue continuing its march towards £1bn. The London-headquartered business, which also includes Smooth, Radio X and Classic FM, has reported its latest pre-tax loss after also losing £120.3m in the prior 12 [...]
Used car marketplace Motorway takes out £25m loan after losses widen January 5, 2026 Motorway has agreed a fresh £25m loan after the online car marketplace reported widening losses. The London-based tech firm, which hit a valuation of over $1bn in a 2021 funding round, said it secured the loan one day before Christmas Eve, with £15m having already been drawn down by the end of the year. The [...]
Betfred rakes in £1.5bn as founders enjoy jackpot payday January 5, 2026 The billionaire brothers who founded Betfred have shared a bumper payday after the betting giant raked in almost £1.5bn. The Warrington-headquartered business has posted a turnover of £1.45bn for the 78 weeks to 30 March, 2025. New accounts filed with Companies House also show Betfred made a pre-tax profit of £188.6m over the same period. [...]
KPMG spin-out Interpath Advisory makes third loss in four years as sale revealed January 5, 2026 KPMG’s former UK restructuring division, Interpath Advisory, has fallen to its third loss since breaking away from the Big Four firm in 2021, it has been revealed. The business has reported a pre-tax loss of £11m for the 12 months to 28 March, 2025, new accounts filed with Companies House show. That comes after Interpath [...]
New Companies House ID rule triggers 30 per cent slump in registrations December 29, 2025 Companies House’s new rules to prevent fraud have sparked a dramatic fall in new company registrations. As of 18 November, a new law came into effect requiring company directors to verify their identity, with failure to do so carrying enforcement risks. The new rules were part of Companies House’s new ID powers, which aim to [...]
Bet365 boss banks £260m payout despite profit slide December 23, 2025 Billionaire founder and chief executive of Bet365, Denise Coates, saw her pay surge last year, despite the firm’s profit going south. Coates was paid a salary of £104m in the year to March, according to newly filed accounts, while cash dividends to family shareholders tripled to £313.6m. As the firm’s majority owner, Coates was entitled [...]
Quant firm G-Research owner pays out £106m in wages to 49 staff December 23, 2025 A parent company to secretive quant trading firm G-Research has posted a £106m wage bill to pay its 49 staff over eight months, the firm’s latest accounts show. Braunford LLP, which was incorporated last year for “the provision of staff and agent services” and shares an address with G-Research, has posted its inaugural set of [...]
Harry Potter and the Cursed Child suffers £10m hit December 19, 2025 Sales for theatre show Harry Potter and the Cursed Child slumped by more than £10m during its latest financial year, new accounts have revealed. Turnover at HPCC Group, which manages the rights for the show, fell from £41.3m to £30.3m in the 12 months to 31 March, 2025. The accounts, filed with Companies House, also [...]
James Bond producer David Heyman pays himself £26m December 19, 2025 The new co-producer of the James Bond franchise has paid himself more than £26m after the success of his film company. David Heyman is best known for producing all eight instalments of the Harry Potter film series as well as the spin-off prequels, Fantastic Beasts. Heyman, through his company Heyday Films, has also produced the likes of [...]
Lord Alan Sugar-backed recruiter enters the red December 19, 2025 A recruitment company founded by a finalist on The Apprentice and backed by Lord Alan Sugar fell into the red during its latest financial year, it has been revealed. Harper Fox Partners was set up by Scarlett Allen-Horton who was the runner up in series 15 of hit BBC One show The Apprentice. Despite being [...]