Hallmark: Greeting cards giant halves headcount in two years June 26, 2025 The UK arm of greeting cards giant Hallmark has cut more than 150 jobs as part of its bid to return to profit. The Bradford-headquartered division of the US group reduced its headcount from 561 to 405 in 2024, new accounts filed with Companies House show. The latest figure is more than half the 867 [...]
BGF: Profit almost doubles at major UK investor June 25, 2025 Profit at the Business Growth Fund (BGF) has almost doubled thanks to a series of successful exits in 2024, it has been revealed. The organisation, which is one of the UK’s most prominent equity investors, has reported a pre-tax profit of £131.1m for its latest financial year, up from the £67.9m it achieved in 2023. [...]
Bella Italia owner slashes losses after shedding 700 jobs June 25, 2025 Losses at the owner of Café Rouge, Bella Italia and Frankie & Benny’s have been slashed after shedding 700 jobs during its latest financial year, it has been revealed. The Big Table cut its headcount from 4,236 to 3,531 in the 12 months to 27 October, 2024, new accounts filed with Companies House show. Over [...]
Profit surges at Richard Desmond’s empire ahead of UK lottery court battle June 25, 2025 Profit at Richard Desmond’s Northern & Shell has surged ahead of a battle starting in the High Court over the UK’s National Lottery. The media tycoon is taking the Gambling Commission to court in October after missing out on winning the licence to run the National Lottery in 2022. Richard Desmond’s empire is seeking for [...]
Lego: Profit spikes as sales pass major milestone June 25, 2025 Profit at the UK arm of Lego spiked in 2024 as its sales passed the £500m mark for the first time, it has been revealed. The Berkshire-headquartered division of the Danish giant has reported a pre-tax profit of £42.9m for its latest financial year. The total comes after Lego posted a pre-tax profit of £24.2m [...]
Asda loses £600m amid major turnaround plan June 25, 2025 Asda slumped back into the red after losing almost £600m in 2024 despite its total sales rising by more than £1bn, it has been revealed. The Leeds-headquartered supermarket giant has posted a pre-tax loss of £599m for its latest financial year, having reported a pre-tax profit of £180.3m for 2023. The profit in 2023 came [...]
Glengoyne whisky maker suffers worst decline in decades as demand falls June 24, 2025 Profit at the group behind spirts such as Glengoyne whisky and Edinburgh Gin has been slashed in half as it suffered the largest decline “in decades”. Edinburgh-headquartered Ian McLeod Distillers has posted a pre-tax profit of £15.6m for the year to 30 September, 2024. The total comes after the business achieved a pre-tax profit of £33.8m [...]
Harry Potter and the theatre owner’s record profit June 24, 2025 The group which owns the theatre behind Harry Potter and the Cursed Child has achieved a record profit for its latest financial year. Nimax Theatres has posted a pre-tax profit of £10m for the 12 months to 29 September, 2024, new accounts filed with Companies House have revealed. The total comes after the business reported [...]
Profit almost doubles at Elon Musk’s Starlink as sales surge June 24, 2025 Turnover at Starlink, Elon Musk’s satellite internet constellation, spiked in the UK as its profit almost doubled in 2024, it has been revealed. New accounts filed with Companies House show that Starlink’s turnover increased from £2.5m to £4.2m during its latest financial year. Starlink’s pre-tax profit also rose from £121,166 to £203,456. A statement signed [...]
Mounjaro and Wegovy demand helps Chemist4U sales double June 23, 2025 Increasing demand for weight-loss jabs such as Mounjaro and Wegovy has helped sales at the firm behind online pharmacy Chemist4U almost double. The Skelmersdale-based business has reported a turnover of £59.5m for the year to 30 September, 2024, according to new accounts filed with Companies House. The latest total comes after the firm behind Chemist4U [...]