Sales near £2bn at Glenfiddich and Hendricks Gin distiller October 3, 2024 Sales at the maker of the likes of Glenfiddich and Hendricks Gin surged to almost £2bn as its profit passed the £500m mark during 2023. William Grant & Sons, which is headquartered in Scotland, has reported a turnover of £1.96bn for its latest financial year, up from the £1.72bn it achieved in 2022. Newly-filed accounts [...]
Audible: UK’s love for original content helps double profit October 3, 2024 Profit at the UK arm of audiobook and podcast giant Audible, which is owned by Amazon, doubled during its latest financial year, it has been revealed. The London-headquartered division has posted a pre-tax profit of £29m for 2023, up from the £14.7m it achieved in 2022. Newly-filed accounts with Companies House also show that Audible’s UK turnover [...]
Date for petrol car ban ‘immovable,’ says Michael Gove July 25, 2023 The 2030 ban on new petrol and diesel car sales is an immovable deadline, Cabinet minister Michael Gove has insisted after Rishi Sunak cast doubt on the policy. The Housing Secretary warned costly plans to tackle the climate crisis could create a “backlash” as ministers come under pressure from the Tory right to relax existing pledges. Amid [...]
Zoopla: Property portal returns to the black after cutting almost 100 jobs September 20, 2024 Online property portal Zoopla returned to profit during its latest financial year as its sales passed the £90m mark. Newly-filed accounts with Companies House have revealed that the business swung to a pre-tax profit of £18.7m in 2023, having reported a pre-tax loss of £6.2m in the prior 12 months. The results also show that [...]
Savills’ share price tumbles as estate agent warns over health of housing market August 10, 2023 Savills’ share price has plummeted after the estate agent blamed “obvious challenges” in the housing market for slumping revenues in the first half of the year. As rising mortgage rates knocked buyer confidence, the real estate advisor said group profit before tax fell to a weak £6.0m in the first six months of the year [...]
The Lanesborough: Value of five-star London hotel falls as loss widens September 13, 2024 The value of five-star hotel The Lanesborough has been cut as its pre-tax loss widened during its latest financial year.
Home REIT to begin boardroom clearout as survival plans press on September 4, 2023 Beleaguered social housing investor Home REIT said it will soon begin a full clearout of its board as it scrambles to stabilise its rental income and sprawling property portfolio.
Europcar: Airport passengers help UK sales pass milestone August 28, 2024 An increase in people hiring cars at airports helped revenue at the UK arm of Europcar surpass £400m during its latest financial year. The Leicester-headquartered division has reported a revenue of £403.8m for 2023, up from the £363.5m it posted for 2022. Newly-filed accounts with Companies House also show that its pre-tax profit jumped from [...]
Jamie Oliver serves up sales success after flagship London restaurant opens August 22, 2024 Jamie Oliver’s new flagship London restaurant and the continuing popularity of his recipe books helped boost the turnover of the celebrity chef’s group during its latest financial year. The group has reported a turnover of £27m for 2023 after posting a total of £23.6m for 2022, according to newly-filed accounts with Companies House. Its sales [...]
House prices: August sees biggest fall since 2018 as signs of crash mount August 21, 2023 The average price of a home fell by 1.9 per cent in August, the biggest dip for the month since 2018, following a season of surging mortgage rates which led sellers to slash the prices of their homes in order to secure a sale. During the tail end of the summer the cost of a [...]