Starbucks: UK’s largest franchise more than doubles profit ahead of takeover April 28, 2025 Sales jumped towards £100m and profit more than doubled at the UK’s largest Starbucks franchise in the year before the US coffee chain took it over, it has been revealed. 23.5 Degrees has reported a turnover of £93m for the 12 months to 31 August, 2024, up from the £83.5m it achieved in the prior [...]
Steven Bartlett tightens grip on Diary of a CEO maker April 25, 2025 Steven Bartlett has increased his stake in the group behind his Diary of a CEO podcast. The Dragons’ Den star has bought 150,000 extra shares in Flight Story Group from fellow co-founder Oliver Yonchev who left in August. The deal for Steven Bartlett to buy his business partner out was completed last year but has [...]
TNT Sports loses almost £190m since BT Sport rebrand April 25, 2025 TNT Sports, the broadcasting giant co-owned by BT and Warner Bros Discovery, lost almost £190m during its latest financial year, it has been revealed. The business, which rebranded from BT Sport in 2023, has posted a pre-tax loss of £187.5m for the 12 months to 31 July, 2024, new accounts filed with Companies House show. [...]
Turnberry: Golf course owned by Donald Trump lands in hot water April 24, 2025 One of US President Donald Trump’s golf courses in Scotland has landed in hot water after failing to file a crucial document on time. The 800-acre Trump Turnberry was bought for £39.5m in June 2014 while the president stepped down as a director after first being elected in 2016 and gave control to a trust [...]
Branson-backed bike sharing firm Beryl more than doubles losses April 24, 2025 Losses at Beryl, a bike sharing company backed by two of Sir Richard Branson’s children, have more than doubled despite an uptick in its turnover. In accounts filed almost four months late with Companies House, the business has posted a pre-tax loss of £7.5m for the 12 months to 31 March, 2024. That total compares [...]
More jobs lost at Dead Man’s Fingers maker as sales fall April 23, 2025 More jobs have been lost at the company behind Crabbie’s Ginger Beer and Dead Man’s Fingers spiced rum as sales fell and it remained in the red. Halewood Artisanal Spirts, whose brands also include Whitley Neill Gin, Liverpool Gin and Samuel Gelton’s Irish whiskey, cut its headcount from 472 to 390 in the 12 months [...]
Enterprise Rent-A-Car creates over 700 UK jobs as sales pass £2bn April 23, 2025 More than 700 jobs were created by the UK arm of Enterprise Rent-A-Car as rising demand helped sales pass the £2bn mark during its latest financial year. The Surrey-based division of the US giant increased its headcount to 6,778 in the 12 months to 31 July, 2024, according to new accounts filed with Companies House. [...]
Charles Tyrwhitt: Office return helps sales to new record April 23, 2025 Sales at Charles Tyrwhitt have surged to more than £300m for the first time as the trend of returning to the office has boosted the workwear retailer. The London-headquartered business, which was founded by Nick Wheeler in 1986, has posted a turnover of £305.7m for the 12 months to 3 August, 2024. The total comes after [...]
Billionaire Gymshark boss Ben Francis quits firm he co-owns April 22, 2025 Ben Francis, the billionaire founder of Gymshark, has quit the sports talent agency he helped to establish. The Members Agency was set up in 2018, is based in Wolverhampton and also works on sports sponsorship deals. According to a new filing with Companies House, Francis has stepped down as a director and is no longer [...]
Wilkinson Sword makes first profit since pandemic April 22, 2025 Wilkinson Sword surged back into the black for the first time since the Covid-19 pandemic during its latest financial year, it has been revealed. The High Wycombe-headquartered business reported a pre-tax profit of £7.2m for the 12 months to 30 September, 2024. The profit is the first since Wilkinson Sword reported a £337,000 surplus in [...]