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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Group owned by Dragons’ Den star Touker Suleyman makes just £3,000 profit

June 12, 2025

A fashion brand owned by Dragons’ Den star Touker Suleyman made a profit of just £3,000 as it returned to the black in 2024, it has been revealed. The company behind Low Profile posted the pre-tax profit after reporting a loss of £2.6m in 2023. New accounts filed with Companies House also show that Suleyman’s [...]
Dignity: Funerals giant returns to profit after ditching London and shedding hundreds of jobs

June 12, 2025

Funerals giant Dignity retuned to profit in its first full year since ditching the London Stock Exchange as it shed hundreds of jobs. The Sutton Coldfield-headquartered group delisted in May 2023 after it accepted a £281m cash offer to sell itself to a group of investors in January. Dignity was established in 1994 and listed on the [...]
Wincanton: Losses double as GXO takeover decision drags on

June 12, 2025

Losses at Wincanton have doubled after leaving the London Stock Exchange as a decision over its acquisition by GXO has still yet to be made. The Wiltshire-headquartered business slipped into the red for the first time in more than 20 years in the year to 31 March, 2024 – posting a pre-tax loss of £44.9m. [...]
Pinewood gets Netflix, Disney and Amazon boost amid Trump’s tariffs threat

June 12, 2025

Deals with Netflix, Disney and Amazon have given iconic film studio group Pinewood a significant financial boost ahead of US President Donald Trump’s threatened tariffs. For the 12 months to 31 March, 2025, Pinewood Group has reported a turnover of £213.1m, up from the £146.4m it achieved in the prior year. Pinewood pointed to long [...]
Poundland sold for just £1 and handed war chest to lead recovery

June 12, 2025

Poundland has been sold for just £1 to investment giant Gordon Brothers in a deal which will provide the discount retailer with a £80m war chest to turn around its fortunes. Pepco Group has entered into a definitive agreement with Gordon Brothers to sell Poundland which will continue to be led by chief executive Barry [...]
Volvo issues warning despite record UK sales

June 11, 2025

Volvo has issued a warning despite its UK sales surging to more than £2bn and its profit almost quadrupling in 2024. The division of the Swedish car-making giant, which is headquartered in Berkshire, has reported a revenue of £2.3bn for its latest financial year, up from the £1.7bn it achieved in 2023. New accounts filed [...]
Glastonbury Festival: Huge debts of collapsed glamping firm revealed

June 11, 2025

The huge debts racked up by a luxury Glastonbury Festival glamping company before it collapsed last month have been revealed. Yurtel, which is based in Corsham, Wiltshire, went into liquidation in May, leaving a number of Glastonbury glampers ticketless and out of pocket. The business had charged between £10,000 and £16,500 for its hospitality tickets [...]
Profit almost wiped out at Asda billionaire’s empire ahead of mega IPO

June 11, 2025

Profit at EG Group, the empire co-founded by a major investor in supermarket giant Asda, has almost been wiped out ahead of a planned $13bn float in New York. The Blackburn-headquartered group was formed by brothers Mohsin and Zuber Issa and is now co-owned by private equity giant TDR Capital. Now, new accounts filed with [...]
How WFH is influencing where Pret A Manger will open new stores

June 10, 2025

The move to working from home post-pandemic is having an impact on where Pret A Manger will open new stores, its UK boss has said.
Rolls-Royce: Shares in FTSE 100 firm jump on SMR news

June 10, 2025

A division of Rolls-Royce has been selected to be the UK’s provider of small modular reactor (SMR) technology. Rolls-Royce SMR, which is co-owned by the FTSE 100 giant and Czech power company CEZ, has been successful in the Great British Nuclear (GBN) competition following a two-year process. Following the news, shares in Rolls-Royce rose on [...]

Burnham would ‘probably’ have won by-election, says Powell

UK Sport: We invest £32m in winter sports because Britain cares deeply

Ministry of Sound: ‘industry is on the up’ as it reveals brand new take on The Box

By: Jon Robinson

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