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Watchfinder continues in the red as sales tick below £100m

January 1, 2025

Watchfinder continued to make a heavy loss during its latest financial year as its sales dipped below the £100m mark. The London-headquartered business, which sells second-hand watches, has reported a pre-tax loss of £12.6m for the 12 months to 31 March 2024. The figure comes after the firm also lost £12m in the prior year. [...]

Wicked London stage show soars to record revenue

January 1, 2025

The West End production of Wicked, prequel to MGM classic The Wizard of Oz, reported its revenue rose 4.5 per cent to a record £27.8m last year. The rise was thanks to hype for the movie based on it, which yesterday became the highest-earning musical adaptation of all time. Mega stars Ariana Grande and Jeff [...]

‘It Ends with Us’ director Justin Baldoni hits New York Times with major lawsuit

January 1, 2025

Justin Baldoni is suing the NYT over its story on his co-star Blake Lively's allegations of sexual harassment on the set of the 'It Ends with Us'

Post Office scandal: Lawyers paid millions as MPs call for transparency on legal costs

January 1, 2025

Lawyers from City firms were making millions whilst the majority of the money set aside for redress scheme has not to be paid out to the Post Office victims

Dairy giant Muller loses over £65m after Milk & More sale

January 1, 2025

The UK and Ireland arm of dairy giant Muller slumped to a huge loss despite its sales rising by more than £100m, it has been revealed. The Shropshire-headquartered division of the German group fell to a pre-tax loss of £65.3m for 2023, delayed accounts show. The loss comes after the business also made a pre-tax [...]

Marcus Rashford’s investment company faces being forcibly shut down

January 1, 2025

The investment company owned by troubled Manchester United star Marcus Rashford is at risk of being forcibly shut down. MUCS Investments Limited, which counts the footballer as its sole director, has been sued with a compulsory strike off notice by Companies House. The action has been taken after the firm failed to file its accounts [...]

British Airways succeeds Jaguar in public spotlight after rewards changes

January 1, 2025

British Airways has become the latest household name to incur the wrath of a high-profile public backlash in the wake of its decision to significantly change its rewards scheme for loyal customers. The airline revealed earlier this week that it was changing its tiering system for rewards to be based on spend and upped how [...]

Teesworks shareholders get huge pay day as turnover and profit plummet

January 1, 2025

Shareholders in the controversial Teesworks development in the North East have received a bumper pay day despite profit and turnover plummeting at the controversial site. The site has been in the headlines since the company behind the scheme became the target of a government investigation in the wake of 90 per cent of its ownership [...]

Abel & Cole owner enters the red as it battles cost-of-living crisis

January 1, 2025

The owner of organic vegetables box business Abel & Cole fell into the red despite sales increasing as it battled the impact of the cost-of-living crisis. William Jackson Food Group, which acquired Abel & Cole in 2012, has reported a pre-tax loss of £1.5m for the year to 27 April, 2024. The loss comes after the [...]

Lenovo UK sales near £1bn amid Huawei retreat

January 1, 2025

Sales at the UK arm of Chinese technology giant Lenovo jumped closer to the £1bn mark during its latest financial year. The division has reported a turnover of £982.8m for the 12 months to 31 March, 2024, up from the £969.3m it generated in the prior year. Newly-filed accounts with Companies House also show that [...]

Gary Neville’s hotel makes huge loss after Tom Kerridge closure

January 1, 2025

A hotel owned by Gary Neville and Ryan Giggs slumped further into the red after the closure of Tom Kerridge’s restaurant, it has been revealed. The Stock Exchange Hotel in Manchester city centre has also posted falling sales despite the publicity it received after Madonna booked the entire hotel out while she was performing in [...]

Record profit for Totally Wicked ahead of single-use vapes ban as sales double in two years

January 1, 2025

Profit at Totally Wicked has surged to a new record level ahead of the sale of single-use disposable vapes being banned in England and Wales later this year. The Lancashire-headquartered has reported a pre-tax profit of £8.1m for the 12 months to 31 March, 2024, up from the £3.3m it posted for the prior year. [...]

Cardano Climbs 10% In Bullish Trade

January 1, 2025

- Cardano was trading at $0.9345 by 14:13 (19:13 GMT) on the Index on Wednesday, up 10.04% on the day. It was the largest one-day percentage gain since...

XRP Climbs 10% As Investors Gain Confidence

January 1, 2025

- XRP was trading at $2.2965 by 13:32 (18:32 GMT) on the Index on Wednesday, up 10.02% on the day. It was the largest one-day percentage gain since...

FLOKI DAO Unanimously Votes to Provide Liquidity for Floki ETP Launch

January 1, 2025

Miami, Florida, December 31st, 2024, Chainwire The Floki DAO has voted decisively in favor of allocating liquidity to facilitate the creation of a Floki Exchange-Traded Product...