Losses widen at UK fintech Monese in eight month delayed accounts Fintech UK fintech Monese suffered a major widening of losses as its bottom line was hit by restructuring costs amidst its takeover by pseudo-bank peer Pockit. The London-based firm – which provides mobile-only current accounts, multi-currency wallets, and money transfer services – booked a pre-tax loss of £15.9m in the 2024 financial year. Fresh accounts – [...]
Nothing risks removal from UK register over late accounts Tech Smartphone maker Nothing has been warned it could be removed from the UK’s official company register after missing a key financial filing deadline, CityAM understands. According to Companies House filings, Nothing Technology Ltd, the corporate vehicle behind the London-based consumer tech brand founded by Carl Pei, was issued with a First Gazette notice on [...]
Levy slams Spurs critics: We cannot spend what we do not have Sport Business Tottenham Hotspur chairman Daniel Levy has hit out at the club’s transfer spending critics after the north London club made a loss after tax of £26.2m last year. The figure is a reduction on the £86.8m loss suffered in 2022-23 and the accounts for the year to 30 June 2024 showed a huge decrease in [...]
Brighton and Hove Albion: Seagulls post £73.3m profit February 28, 2025 Brighton and Hove Albion posted a profit of £73.3m for their 2023/24 season after their Europa League appearance kept them in the black. The pre-tax profit follows positive accounts a year prior, where the club made a profit of £130.7m. A significant chunk of the earnings Brighton, whose chairman is Tony Bloom, made came from [...]
RFU boss Bill Sweeney paid £1.1m despite heavy losses November 25, 2024 England Rugby chief executive Bill Sweeney was paid £1.1m in the last financial year despite the game struggling to stay on its feet. It comes as the governing body for rugby in England announced record losses nearing £40m and confirmed there would be redundancies within the organisation. The Rugby Football Union insists that their year, [...]