By: Jon Robinson

Jon Robinson is City AM's UK Editor and is tasked with leading the expansion of the publication's business coverage beyond London. Based in Manchester, he focuses on regional stories, aiming to give a national platform to companies outside the M25. He is also the host of Boardroom Uncovered, City AM's podcast featuring candid conversations with the UK's top business leaders about their journeys, challenges and successes.

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All 1895 Articles

Abba Voyage doubles profit as sales pass £100m

September 27, 2024

The company behind London’s Abba Voyage experience more than doubled its pre-tax profit as its turnover passed the £100m mark during 2023, it has been revealed. The business has reported a profit of £6m for the 12 months, up from the £3m it achieved in 2022. According to newly-filed accounts with Companies House, Abba Voyage’s [...]
Passengers provide welcome boost to Newcastle and Liverpool John Lennon airports

September 26, 2024

A surge in passenger numbers helped profit at Newcastle International Airport take off during its latest financial year. The transport hub has reported a pre-tax profit of £10.2m for 2023, newly-filed accounts with Companies House have revealed. The total comes after the airport posted a pre-tax profit of £135,000 for 2022. The new accounts also [...]
Leonardo Hotels slashes losses by more than £50m

September 26, 2024

Leonardo Hotels slashed its pre-tax loss by more than £50m during its latest financial year thanks to the market continuing its post-pandemic recovery. The group, which has hotels in the North West, North East, West Midlands, London, South West and Scotland, has reported a pre-tax loss of £3.7m for 2023. The latest figure comes after Leonardo [...]
Mindful Chef: New delivery charge helps slash loss

September 26, 2024

Mindful Chef introducing a delivery charge helped to significantly cut its annual loss despite its sales also falling, it has been revealed. The London-headquartered business has reported a pre-tax loss of £1.7m for 2023, after also losing £7.4m in 2022. Newly-filed accounts with Companies House also show that Mindful Chef’s turnover fell from £58.8m to [...]
Wizz Air: Huge shareholder revolt over plans to hand boss bumper bonus

September 26, 2024

Wizz Air has suffered a huge shareholder revolt against its plans to hand its chief executive a bumper pay deal. The airline is looking to give Jozsef Váradi a restricted share award which would represent 300 per cent of his £710,534 salary. The listed company has argued that Váradi’s compensation doesn’t reflect a unique “parade [...]
Aybl: Record profit for Castore rival backed by Gymshark co-founder

September 26, 2024

Profit at athleisure brand Aybl surged to record levels during its latest financial year after its sales jumped by almost £10m. The Redditch-headquartered company has reported a pre-tax profit of £6.1m for the year to 31 March, 2024, according to newly-filed documents with Companies House. The new total comes after Aybl posted a profit of [...]
Jaguar Land Rover plans £500m ‘factory of the future’ in UK electric vehicle drive

September 26, 2024

Jaguar Land Rover (JLR) has announced plans to invest £500m to transform one its historic factories as part of its drive to build more electric vehicles. The Whitley-headquartered automotive giant has already spent £250m on upgrading the Halewood plant, near Liverpool, which was originally constructed in 1963 to make the Ford Anglia. The work will [...]
Beaverbrooks: Profit slashed despite record sales for diamond, jewellery and watch seller

September 25, 2024

Profit at diamond, jewellery and watch retailer Beaverbrooks has been slashed despite it reporting another year of record sales. The family-owned retailer has posted an operating profit of £10.5m for the year to the end of February 2024, down from the £25.7m it achieved in the prior 12 months. Beaverbrooks said its profit had reduced because [...]
Berghaus: Loss widens after lower sales through JD Sports

September 25, 2024

A fall in sales through JD Sports saw outdoor clothes brand Berghaus make a pre-tax loss for the sixth year in a row, it has been revealed. The Sunderland-headquartered business, which is owned by the Pentland Group, has reported a pre-tax loss of £9.1m for 2023, after also making a loss of £3m in 2022, [...]
Bulgari: ‘Stagnant UK economy and the lack of tourists’ force luxury brand into the red

September 25, 2024

An uptick in the sale of high-end jewellery and watches failed to stop the UK arm of Bulgari falling into the red during its latest financial year. The London-headquartered division, which is part of the LVMH Group, said that while its overall turnover declined in 2023, it still expects the sale of jewellery and watches [...]

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By: Jon Robinson

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