Butlin’s: Price changes fail to stop holiday resort chain entering the red
Holiday resort chain Butlin’s entered the red in the year after it was sold for £300m despite changing its pricing strategy, it has been revealed. The company has posted a pre-tax loss of £24.4m f
Meet the fund managers: Quality companies at a value price
In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Chris Rossbach, manager of the J Stern & Co World Star Globa
Sipsmith: Sales at gin maker fall for fifth year in a row
Sales at gin maker Sipsmith have fallen for a fifth year in a row as it continues in the red. The London-based brand has reported a turnover of £14.2m for 2023 and a pre-tax loss of £17.2m, accordin
Aga Rangemaster cuts almost 200 jobs as sales cool
Aga Rangemaster has blamed “a difficult year” and “challenging market conditions” as it cut almost 200 jobs in 2023. The company, which is headquartered near Nottingham, reduced its headcount
Wren Kitchens owner sheds 1,000 jobs as profit slumps after Ebuyer sale
Profit at the group behind Wren Kitchens slumped to its lowest level since 2017 as its sales fell back from a record high and it shed 1,000 jobs. The West Retail Group, which is headquartered in Yorks