Peloton: Eye-watering UK losses continue as more jobs cut March 31, 2025 The UK arm of Peloton has reported another eye-watering loss as it continued to significantly cut jobs, it has been revealed. The London-headquartered division has posted a pre-tax loss of £94.3m for the 12 months to 30 June, 2024, after having also lost £115.2m in the prior year. The latest loss comes after Peloton UK [...]
Great Britain to host Tour de France Grand Depart in 2027 March 19, 2025 The Tour de France will return to Britain for the first time since 2014 after England, Scotland and Wales won the bid to host the 2027 Grand Depart. The Tour will begin in Edinburgh, with culture secretary Lisa Nandy saying the move “will stimulate growth, attract new visitors and leave a lasting legacy for athletes [...]
Peloton loses almost £100m as UK arm sheds hundreds of jobs August 12, 2024 The UK arm of Peloton lost almost £100m and shed hundreds of jobs, it has been revealed. The London-headquartered division has posted a pre-tax loss of £98.1m for the 12 months to June 30, 2023, according to newly-filed accounts with Companies House. Peloton previously posted a pre-tax loss of £173.7m for its prior financial year. [...]
Ned Boulting: Tour de France rivals are ordinary humans doing extraordinary things July 15, 2024 The present can look banal in comparison with the sepia-tinted past but that is not the case when it comes to Pogacar and Vingegaard.
Ned Boulting: Girmay is a Tour de France star – just don’t expect floodgates to open July 8, 2024 The simplistic notion that Girmay’s achievements will open the floodgates to a surge of African success falls at the first hurdle.
Ned Boulting: Tour de France is richer for great warrior Bardet moment of triumph July 1, 2024 To see a Bardet, at the fag end of a career which promised more than it delivered, find such unexpected and sudden fulfilment was a deep delight.
Watch news: The latest goings on from from Breitling, Audemars Piguet and more June 10, 2024 All the latest watch news from Breitling, Audemars Piguet, Van Cleef & Arpels and more as we celebrate the utilitarian beauty of watches
Cazoo, Getir and Peloton: The Covid high-flyers that came crashing down to earth May 25, 2024 In early 2021, Cazoo, Getir and Peloton were on their way to the moon. All three are now collapsing - where did it all go wrong?
Giro d’Italia can give Sir Jim Ratcliffe and Ineos rare sporting victory May 3, 2024 When the peloton departs Venaria Reale in Turin for the first stage of the Giro d’Italia, there’s more than just the pink jersey riding on it for Geraint Thomas and Ineos. Because the chemical company’s founder Sir Jim Ratcliffe has a sporting portfolio which is struggling to produce results. Across sailing, Formula 1, cycling and [...]
FTSE 100 today: London shares set to open higher, following global tech-driven rally May 3, 2024 Asian stocks surged today, buoyed by Wall Street's tech-driven rally. Apple's record buyback plan lifted its shares, while the yen strengthened and oil prices rose. Labour also made gains in local elections. Attention now turns to the US non-farm payrolls report for economic cues.