Monzo, Open AI, Revolut and Klarna: The IPOs to watch out for in 2025 January 3, 2025 While economic uncertainty prompted a cautious approach to IPOs in 2025, several high-profile companies are preparing to float in 2025. From leading fintechs such as Monzo, Revolut, and Klarna to global giants such as OpenAI and SpaceX, some of the most exciting growth companies in recent years could IPO this year. Here is a look [...]
Mamma Mia and Hamilton help Cameron Mackintosh’s West End empire towards £200m January 3, 2025 The continued popularity of Les Miserables, Mamma Mia and Hamilton has helped push sales the West End theatre empire run by Sir Cameron Mackintosh to almost £200m. For the year to 31 March, 2024, Sir Cameron’s group has reported a turnover of £199.1m, up from the £185.8m it posted for the prior 12 months. Newly-filed [...]
Peel Ports: Billionaire tycoon handed higher pay day despite profit slump January 3, 2025 The billionaire family behind Peel Ports raked in even more money despite profit at Britain’s second largest operator being slashed during its latest financial year. The Whittaker family shared a dividend pot of £153.9m with fellow shareholders in the Liverpool-headquartered group in the year to 31 March, 2024. The dividend is up from the £138.9m [...]
Formula 1: Drive to Survive maker in the red after huge expansion January 3, 2025 The maker of hit Netflix series Formula 1: Drive to Survive has fallen into the red despite its turnover accelerating by almost 180 per cent. Box to Box Films, which was founded by James Gay-Rees and Paul Martin and is headquartered in London, has reported a pre-ax loss of £4.4m for the year to 31 [...]
Simon Cowell denied huge pay after profit slashed at Britain’s Got Talent owner January 3, 2025 Simon Cowell has not repeated the huge £50m pay day he awarded himself after profit was slashed at his TV empire behind Britain’s Got Talent. Syco Holdings did not issue a dividend to the TV mogul in the year to 31 March, 2024, after its pre-tax profit was cut from £21.1m to £11.9m. Newly-filed accounts [...]
Met Police fail to solve 90 per cent of London car thefts, figures reveal January 3, 2025 The Met Police have failed to solve 90 per cent of car thefts in London, according to new figures branded as “staggeringly high”. Data released by the Home Office showed the capital’s police force categorised 90.2 per cent of car thefts that took place in the four months to June 2024 as “unsolved cases”. The [...]
Not-so-golden quarter: Retail footfall slumps in another disappointing year January 3, 2025 A dull December marked the end of yet another “disappointing” year for UK retail footfall as fresh data has revealed 2024 was the second year in a row to see a decline. According to recent Sensormatic data by the British Retail Consortium, UK footfall fell by 2.5 per cent year-on-year during the three months to December, [...]
Trump could be an opportunity for private equity January 3, 2025 Donald Trump is both a disruptor and a deal-maker, so it’s possible to see an emerging scenario of greater stability and security in the Middle East, which can only be a good thing for investors in the region, says Karim Souaid In a month’s time, Donald Trump will be back in the Oval Office and [...]
Australian Ashes winner heads to Lord’s to coach London Spirit in Hundred January 2, 2025 Former Australia and twice Ashes winning coach Justin Langer has replaced Trevor Bayliss as coach of Hundred team London Spirit. Langer’s appointment comes weeks after Bayliss left the head coach role at the Lord’s team after Spirit won just three matches across the last two seasons in ECB competition. The 54-year-old played over 100 Tests [...]
Someone is throwing a ‘death to Dry January’ party with a coffin and hearse January 2, 2025 Dry January doesn’t exactly have the best reputation – the idea of not drinking for an entire month is a miserable thought for many Brits, especially after the indulgences of Christmas. But one alcohol-free drinks brand is hoping to change all that. Mash Gang is throwing a ‘death to Dry January’ party on Saturday 18 [...]