August bank holiday weekend: UK set for £3bn boost as 11m Brits plan mini-break August 21, 2024 Brits will be packing up their cars and going for short breaks during the bank holiday weekend, with the UK economy set for a £3.1bn boost. Fresh figures from Visitengland said the August bank holiday weekend will mean 11m Britons planning an overnight trip somewhere in the country, bringing in billions of pounds to the [...]
Jaguar Land Rover and Porsche supplier almost triples sales August 21, 2024 Andersen EV, an electric charging start-up which supplies the likes of Jaguar Land Rover and Porsche, almost tripled its sales during its latest financial year. The Bedfordshire-headquartered company, which was formerly known as Evios, has reported a turnover of £3.7m for the year to 31 March, 2024, up from the £1.3m it reported in the [...]
Profit takes off at Bournemouth, Exeter and Norwich airports owner August 20, 2024 Profit at the group behind a number of regional airports surged during its latest financial year thanks to a sharp rise in the number of passengers and amount of cargo it handles. Regional & City Airports Group has posted a pre-tax profit of £14.2m for the year to 31 March, 2024, up from £1.3m. Newly-filed [...]
Flexjet: Increasing popularity of private jets helps UK sales soar August 20, 2024 The UK arm of private jet company Flexjet is eyeing further growth in Europe after increasing its sales and cutting its pre-tax loss during its latest financial year. The London-based division of Flexjet, which operates in the fractional ownership market, has posted a turnover of £40.9m for 2023, up from £38.4m in 2022. Newly-filed accounts [...]
Volvo: Record-breaking year for car maker as UK sales near £2bn August 7, 2024 Volvo's UK sales jumped closer to the £2bn mark after another record-breaking year, it has been revealed in newly filed accounts.
BMW back in the black after UK sales move up a gear August 7, 2024 The UK arm of BMW surged back into the black during 2023 thanks to a jump in sales across all its brands. The Hampshire-headquartered division has reported a pre-tax profit of £114m for the year after posting a pre-tax loss of £16.8m in the prior period. Newly-filed accounts with Companies House also show that its [...]
Toyota: Interest payment rises help sales accelerate towards £1bn at European arm August 7, 2024 Sales at the European arm of Toyota have accelerated by almost 50 per cent to almost £1bn during its latest financial year, it has been revealed. The car making giant, which also sells Lexus cars, has posted a total revenue of £941.7m for the 12 months to March 31, 2024, according to newly-filed documents with [...]
Orient Express and Royal Scotsman owner Belmond still in the red despite sales rise August 6, 2024 The UK arm of the company that runs the Venice Simplon-Orient Express increased its sales but saw its pre-tax loss widen during 2023, it has been revealed.
Surfing the Thames: How Uber boats came to rule the river August 1, 2024 “Looking out at the river, I was struck by how empty it was,” Sean Collins tells me. This was in 1994, when he had just been made redundant from his previous role as an apprentice waterman on the Thames. All that empty water stretching through the middle of London – it was a “waste”. But [...]
Boeing expects 787 suppliers to catch up by year’s end July 20, 2024 Boeing expects delayed suppliers to catch up on parts that have slowed production of its 787 jets to below a rate of five a month.