The Phantom of the Opera closure slashes profit at Andrew Lloyd Webber’s empire Business The closure of The Phantom of the Opera on Broadway led to sales and profit at the entertainment empire owned by Lord Andrew Lloyd Webber being slashed during its latest financial year, it has been revealed. London-headquartered The Really Useful Group has reported a turnover of £36.5m for the year to 30 June, 2024, down [...]
Lord Andrew Lloyd Webber’s theatre empire braced for Reeves’ tax hike Business Lord Andrew Lloyd Webber’s theatre empire has warned it is bracing for the “notable impact” the hike in employer’s National Insurance contributions (NICs) when it comes into force next month. Chancellor Rachel Reeves announced in her Budget in October 2024 that NICs would rise by 1.2 per cent from April to 15 per cent in [...]
Frozen, Back to the Future and Matilda boost West End theatres owned by Andrew Lloyd Webber West End The popularity of productions such as Frozen, Back to the Future and Matilda with audiences helped sales near £200m at the theatres owned by Lord Andrew Lloyd Webber, newly-filed documents have revealed.