Mark Zuckerberg-backed Yoto almost doubles sales as loss cut September 23, 2024 Turnover at kids audio platform Yoto, which is backed by Mark Zuckerberg and his wife, almost doubled during its latest financial year as its pre-tax loss was cut, it has been revealed. The business, which is the creator of the Yoto Player and Yoto Mini for children, has posted a turnover of £50.9m for 2023, up from [...]
Viking River Cruises: Record UK profit as sales recover to pre-Covid level September 20, 2024 The UK arm of Viking River Cruises has achieved its highest revenue figure since the Covid-19 pandemic while its profit hit a new record. The London-headquartered division has reported a revenue of £119.9m for 2023, up from the £94m it achieved in 2022, according to newly-filed accounts with Companies House. The last time Viking River [...]
‘We have a vision’: American Golf hails improvement despite challenging year April 17, 2024 American Golf has hailed its improved financial performance despite facing "global and national factors" which negatively impacted how much customers wanted to spend and their confidence.
Controversial Help to Buy policy to boost home ownership to end tomorrow March 30, 2023 A flagship policy to boost home ownership among young people will come to an end tomorrow. The Help to Buy Scheme, launched in 2013, will be wound up, after more than 350,000 people used it to buy their first home, with more than £2.2bn of support last year. But some property experts have warned the [...]
Inmotion Ventures: Jaguar Land Rover’s investment arm slips to loss after busy year August 12, 2024 Inmotion Ventures, the investment arm of Jaguar Land Rover (JLR), made a loss during its latest financial year after backing six new companies. The Coventry-headquartered business has posted a pre-tax loss of £2.6m for the year to March 31, 2024, newly-filed accounts with Companies House have revealed. The loss comes after Inmotion Ventures made a [...]
Banking shares: Regulators ‘increasingly attentive’ to role of short-sellers in possible 2008 repeat May 5, 2023 U.S. federal and state officials are assessing whether “market manipulation” caused the recent volatility in banking shares, a source familiar with the matter said on Thursday, as the White House vowed to monitor “short-selling pressures on healthy banks.” Shares of regional banks resumed their slide this week after the collapse of First Republic Bank, the third [...]
Average house price rises to £366,000 as tenants look to escape rental crisis April 24, 2023 UK house prices jumped again in March, driven higher by soaring rents pushing tenants to seek out their first home, but further interest rate hikes by the Bank of England could send a chill through the market, new research out today shows. The average price of a property coming to market in Britain hit £366k [...]
Rolls-Royce Motor Cars: Sales accelerate to almost £1bn as global demand grows July 23, 2024 Rolls-Royce Motor Cars saw its revenue accelerate to almost £1bn in 2023 as demand for personalised luxury vehicles continued across the world, it has been revealed.
Cotton Traders defies high street downturn with new stores as owner nears $1.6bn float July 18, 2024 Cotton Traders has opened a slew of new stores as the former catalogue business continues to weather the challenging environment faced by high street retailers, according to newly-filed documents.
FTSE 100 today: London markets brace for caution as traders scale back rate cut bets February 6, 2024 Asian markets mimic Wall Street's dip, oil prices hold steady. UK retail sales slow in January, RBA maintains interest rate at 4.35%; focus shifts to UK Construction PMI.