Sweaty Betty remains in the red as sales fall January 7, 2025 Women’s activewear brand Sweaty Betty remains in the red as its pre-tax loss more than doubled amid falling sales, it has been revealed. The London-headquartered business has reported a pre-tax loss of £13.4m for 2023, according to accounts filed with Companies House long after the deadline. The latest loss comes after Sweaty Betty entered the red [...]
Disney+ and Apple TV+ deals help turbocharge Shardlake maker January 7, 2025 The completion of shows for Disney+ and Apple TV+ helped turnover at a London production company jump by more than £55m, it has been revealed. The Forge Entertainment, which delivered Shardlake to Disney+ and The Buccaneers to Apple TV+, has reported a turnover of £71.1m for the nine months to the end of 2023. The [...]
Inside the eight-bedroom mansion in London’s Belgravia sold for £38m January 7, 2025 London’s super-prime residential market is off to a strong start after a turbulent 2024, with a £38m eight-bedroom mansion, Belgravia, the first residential property to be sold in the new year. Complete with a private health spa, swimming pool, and rear and front gardens, the 840sqm property has been sold to a UK buyer – [...]
New Friends musical announces open casting call – it’s your chance to play Rachel or Ross January 7, 2025 A new Friends musical is urging Londoners to attend an open audition in front of casting directors looking to cast their new Monica, Rachel, Phoebe, Joey, Ross and Chandler. Auditions for Friends: The Musical Parody will take place in July before the production tours the UK and Ireland through until May 2026. The show will [...]
Time to address the elephant in the room: AI’s impact on legal fees January 7, 2025 Last year, the legal sector saw record-level salaries and large mergers, all while rolling out every AI policy under the sun. So what does 2025 look like?
Our polling shows hope of ‘change’ has turned to despair for Labour January 7, 2025 The inaugural City AM / Freshwater Strategy poll makes grim reading for Keir Starmer as almost three-quarters believe the UK is heading in the wrong direction The inaugural City AM / Freshwater Strategy poll makes grim reading for Keir Starmer. As the Prime Minister returns from the Madeira sun to snowy London, he is met [...]
Why the state should stay out of the kitchen January 7, 2025 A think tank has seriously floated the idea of government-run restaurants. The idea belongs in an age of wartime rationing, not the thriving, free-market food scene the City enjoys today, says Matthew Kilcoyne One wonders if the festive sherry stocks have been hit rather hard in certain London think tanks this Christmas. How else to [...]
Independent Football Regulator hires head of legal from CMA January 6, 2025 The incoming football regulator has appointed a head of legal as it steps up plans to begin its work in earnest in 2025. David Riley this week left his role as legal director of the Competition and Markets Authority to take up a role with the football body, where he will head up the legal [...]
AIM-pocalypse: Number of £1bn firms on junior market falls to nine-year low January 6, 2025 Only six companies listed on London’s junior market AIM are worth more than £1bn, the lowest level for the exchange in nine years. The number of companies worth over £1bn has dropped by 80 per cent since the start of 2022 and almost halved over the last year, according to data from the London Stock [...]
Typhoo Tea racked up debts of £100m as it collapsed into administration January 6, 2025 Typhoo Tea collapsed into administration owing around £100m to its creditors ahead of being rescued, it has been revealed. The Bristol-based company entered administration in November 2024 before being bought in a £10m deal the following month. Now, a new document filed with Companies House by Kroll has revealed how much Typhoo Tea owed to [...]