Timothy Taylor’s: ‘Challenged British economy’ puts dent in brewer’s profit June 13, 2024 Brewery Timothy Taylor said its profit is "significantly down" despite its sales increasing as the business battles with "soaring utility costs" and rising wages.
Clintons: Card giant axes stores and hundreds of staff as it slips back into the red June 13, 2024 Gift card giant Clintons has fallen back into the red after laying off hundreds of staff and closing more than 50 UK stores, as its owners grapple with its customers' changing shopping habits.
Drayton Manor: Wet British summer sees profit dip ahead of iconic ride’s replacement June 13, 2024 Theme park Drayton Manor has suffered a drop in profit following a year plagued by high costs, soggy weather and dwindling visitor numbers - but there's hope a new-look roller coaster could change its fortunes.
Goodyear Tyres: Dunlop manufacturer’s sales hit £3bn following brands revamp June 12, 2024 The UK arm of tyre giants Goodyear and Dunlop has seen its sales soar to almost £3bn following its ongoing efforts to raise the profile of its retail brands.
Mandarin Oriental: Five-star London hotel issues warning ahead of Trump v Biden rematch June 12, 2024 The luxury Mandarin Oriental hotel in London's Hyde Park has warned that the upcoming US election between President Joe Biden and Donald Trump is impacting the number of international guests heading to the capital.
Old Vic Theatre: £20m needed to keep historic London venue running ‘a challenge’ June 12, 2024 The Old Vic Theatre said it faces a challenge to raise the more than £20m needed to keep its historic Waterloo home in working order, as it battles to create a financial model robust enough - despite the success of its record breaking musical Groundhog Day.
Wayve: Loss widens at British AI darling backed by Nvidia, Microsoft and Softbank June 12, 2024 Wayve, the British artificial intelligence (AI) start-up that secured an investment of more than £800m recently, saw its losses pass £40m during its latest financial year.
The Fat Duck: Group behind Heston Blumenthal’s restaurant slips into the red June 11, 2024 The group behind celebrity chef Heston Blumenthal’s restaurant The Fat Duck has slipped back into the red as it continues to battle with rising wages and running costs.
Edinburgh Airport: Profit soars as passenger numbers near pre-pandemic levels June 7, 2024 Edinburgh Airport has seen profit soar for the second year in a row after passenger numbers rose to within touching distance of their pre-pandemic record.
Crafter’s Companion: Losses widen at company founded by Dragons’ Den star Sara Davis June 7, 2024 Crafter's Companion, which is owned by Dragons' Den star Sara Davies, has seen its losses widen as the number of people tuning into TV shopping channels plummets.