Bodycare: Creditors to lose millions after retailer’s collapse October 21, 2025 Bodycare owed more than £30m when it collapsed into administration with the loss of around 1,400 jobs, it has been revealed. The high street health and beauty retailer fell over in September with an initial 32 stores closed and around 450 employees being made redundant. That move was followed a few days later when it [...]
Hotel Chocolat tastes sweet success of quitting London October 20, 2025 How Hotel Chocolat has performed since being acquired by Mars for more than £500m in July 2023 has been revealed for the first time. The Hertfordshire-headquartered business quit the London Stock Exchange after being taken over in a £534m deal. The deal, which at the time represented a 169.8 per cent premium on its 139p [...]
eBay: UK profit surges after selling fees removed October 15, 2025 Profit at the UK arm of eBay has surged despite its decision to waive selling fees impacting its revenue during its latest financial year, it has been revealed. The division of the US giant has posted a pre-tax profit of £36.5m for 2024, up from the £2.7m it achieved in 2023. New accounts filed with [...]
Graham Norton’s pay cut revealed October 15, 2025 Graham Norton’s bumper pay packet has been cut after his production company’s revenue and profit fell in 2024, it has been revealed. The TV presenter took home £2.4m last year, down from the £2.7m he received in 2023. Graham Norton’s pay is not included in the BBC’s annual star salaries list because he is paid [...]
Versace: UK sales slashed again as profit almost wiped out October 14, 2025 Sales at the UK arm of fashion house Versace have been slashed by a fifth for a second consecutive year as the downturn in luxury spending continues. The division has reported a turnover of £15.2m for the 12 months to 31 March, 2025, new accounts filed with Companies House have revealed. The latest total is [...]
Specsavers: Sales and profit rise as bumper pay day scrapped October 14, 2025 Specsavers has scrapped the bumper dividend it has been handing to its billionaire owners despite its sales and profit growing during its latest financial year. The chain has paid out £15m in each its last two financial years to founders Dame Mary Perkins and her husband Doug. Over that time, Specsavers’ turnover has increased from [...]
The Savoy Hotel sheds jobs as losses widen October 13, 2025 Losses widened at The Savoy Hotel as it shed jobs during its latest financial year while a major renovation project started. The five-star London hotel has posted a pre-tax loss of £19.6m for 2024, having also lost £17.5m in 2023. The last time The Savoy Hotel made a pre-tax profit was the £5.9m it reported [...]
British icon in the red after Rachel Reeves’ tax hikes costs jobs October 10, 2025 John Smedley, the historic family-owned luxury knitwear brand, has been forced to raise prices and make redundancies as it battles Chancellor Rachel Reeves’ tax hikes as it fell into the red. The Derbyshire-headquartered business can trace its roots back to 1784 and is currently run by the eighth generation of the Smedley family. Executive chairman [...]
NetJets: Losses spike at Warren Buffett’s private jet company October 10, 2025 Losses at the UK arm of NetJets, the private jet company owned by Warren Buffett’s Berkshire Hathaway more than doubled during its latest financial year, it has been revealed. The division has posted a pre-tax loss of $11.2m (£8.4m) for 2024, new accounts filed with Companies House show. The total comes after NetJets UK also [...]
Gingardium Leviosa: Harry Potter star Emma Watson’s gin brand takes off October 9, 2025 The luxury gin brand co-founded by Harry Potter star Emma Watson has surged in value after raising an extra £5m. Renais Gin was launched in May 2023 by the actor and her brother Alex and is now sold in 11 countries. The siblings were inspired to set up the company by childhood trips to their family’s vineyard, [...]