DCMS fear rugby future as £30m in taxpayer loans expected to be written off December 18, 2024 The government could be forced to write off nearly £30m of taxpayers’ money loaned to sports bodies, clubs and the arts during the Covid-19 pandemic. The figures, revealed today by the National Audit Office, provide a stark update on the £474m aid package provided by the Department of Culture, Media and Sport. Rugby union was [...]
How Playtomic surfed – and fuelled – tidal wave of interest in padel December 10, 2024 The platform now boasts 1.4m active users in Europe, up 40 per cent on last year.
Schuh has created over 1,000 jobs since lowest pandemic ebb November 4, 2024 Schuh has created almost 400 jobs in its latest financial year to push its headcount past where it was before the Covid-19 pandemic struck. The Scotland-headquartered footwear retailer employed 4,369 people at the end of its latest financial year, up from its total of 3,975 in the prior 12 months. Until the end of its [...]
Swissport makes first UK profit since 2018 as sales finally recover from Covid September 5, 2024 The UK arm of Swissport has returned to the black for the first time since 2018 as its turnover recovered to pre-pandemic levels. The Cheshire-headquartered division of the aviation services giant also created 1,400 jobs during its latest financial year but its total headcount is still significantly lower than it was in 2019. Swissport has [...]
Go Ape continues climb down from Covid-19 pandemic high August 27, 2024 The financial performance of Go Ape continued its post-pandemic climb down following the “exceptional demand” it experienced as the UK came out of the Covid-19 lockdowns. The employee-owned adventure group, which is headquartered in Bury St Edmunds, Suffolk, has reported a fall in its revenue by eight per cent in 2023 to £27.5m. The decrease [...]
Oxford Biomedica issues new shares to secure a £17m investment June 18, 2024 Cell and gene therapy company Oxford Biomedica has announced a near £17m investment which will see it issue new shares to the London Stock Exchange.
London Excel heads back to court over dispute with insurance giants June 17, 2024 London International Exhibition Centre (Excel) is back in court tomorrow as Allianz and other insurance giants look to overturn a High Court ruling in favour of the venue.