Theo Paphitis: Losses slashed in half at Ryman despite falling sales April 2, 2025 The group behind Ryman, the stationery retailer owned by former Dragons’ Den star Theo Paphitis, has slashed its loss almost in half despite falling sales. The Cheshire-headquartered group has reported a pre-tax loss of £1.49m for the year to 30 March, 2024, according to new accounts filed with Companies House. The figure comes after Ryman Group posted [...]
Rory Sutherland: Capitalism is ‘unbelievably tedious’ and ‘needs a rebrand’ April 1, 2025 Capitalism is "unbelievably tedious" and should be rebranded for people to fight for it, marketing veteran Rory Sutherland has said.
Pinocchio Oscars win helps stop-motion studio double in value April 1, 2025 The studio behind the puppets for Guillermo del Toro’s reimagining of Pinocchio has more than doubled in value after winning an Oscar for its work. Mackinnon and Saunders, which is based in Altrincham, Greater Manchester, helped clinch the Oscar for best animated feature with its creations at the 2023 ceremony. The stop-motion animation for Netflix [...]
Trespass: Profit plummets as sales remain static at outdoor clothing brand April 1, 2025 Profit at the company behind outdoor clothing giant Trespass plummeted as sales remained static during its latest financial year. Jacobs & Turner has reported a pre-tax profit of £1.2m for the year to 30 June, 2024, down from the £9.6m it achieved in the prior 12 months. New accounts for the business, which have been [...]
The Phantom of the Opera closure slashes profit at Andrew Lloyd Webber’s empire April 1, 2025 The closure of The Phantom of the Opera on Broadway led to sales and profit at the entertainment empire owned by Lord Andrew Lloyd Webber being slashed during its latest financial year, it has been revealed. London-headquartered The Really Useful Group has reported a turnover of £36.5m for the year to 30 June, 2024, down [...]
Compare The Market: Higher premiums help profit pass £200m April 1, 2025 Compare The Market increased its revenue by almost £100m thanks to higher insurance premiums leading to more customers switching providers. The Peterborough-headquartered company has reported a revenue of £563.7m for the year to 30 June, 2024. The figure comes after the comparison site posted sales of £467.5m in its prior financial year. New accounts for [...]
Harvey Nichols: Losses near £100m at luxury department store chain as sales fall April 1, 2025 Harvey Nichols has now lost almost £100m since it last made a pre-tax profit, it has been revealed, after being hit by the cost-of-living crisis and high inflation during its latest financial year. Delayed accounts for the iconic retailer, which was founded in 1831, have revealed its pre-tax loss went from £21.2m to £35.3m in [...]
Rachel Reeves’ tax hikes will cost me £1m – Hooch tycoon March 31, 2025 The founder of the alcoholic drinks empire behind the likes of Hooch and VK has warned the tax hikes announced by Rachel Reeves will cost him an extra £1m. Steve Perez, the boss of Derbyshire-headquartered Global Brands, added that the Chancellor has “stacked the odds” against businesses like his and that he has “no choice” [...]
The Sun slashes losses as The Times treads water March 31, 2025 The Sun slashed its pre-tax loss as an increase in cover price helped to offset falling newspaper sales, it has been revealed. Separate accounts filed for The Times also show its finances have remained broadly the same during its latest financial year while TalkTV continued to make a huge loss. The two newspaper groups and [...]
‘It’s tragic that Britain hasn’t made Greg Jackson a national hero’ March 31, 2025 The billionaire founder of Octopus Energy, Greg Jackson, should be recognised more for his achievements in business and made a national hero, according to marketing veteran Rory Sutherland. The vice chairman of Ogilvy added it’s “tragic” that the UK doesn’t “make more heroes of our really innovative business successes” in the way the USA does. [...]
