Latest news with #Nottingham
The Independent
13 hours ago
- Business
- The Independent
Games Workshop cheers record year but faces £12m US tariff hit
Warhammer maker Games Workshop has cheered a record year thanks to the continued popularity of its table-top games but warned that US tariffs could wipe £12 million off its profits. Shares in the company swung higher on Tuesday morning, as investors were buoyed by surging sales. The Nottingham-based company jumped into the FTSE 100 last year after growing global trade helped to drive a rise in the firm's value. Games Workshop saw North American sales rise 14.6% to record levels of £51.7 million for the year to June, as it benefited from more store openings over the year. However, the company cautioned that it could face higher costs because of new tariff plans from US President Donald Trump's administration. 'Our current estimate is that if we did nothing, new tariffs could impact profit before tax by around £12 million in 2025/26,' the company said. It said it plans to deal with the issue in its 'normal pragmatic way' and will not change its operational plans 'too much'. Tariff costs are likely to reduce its gross profit margins by around 2% for the year, but the company said it expects to recoup this through efficiencies. It came as Games Workshop revealed that revenues lifted by 14.2% to £565 million for the year, amid strong demand for core Warhammer 40,000 products and through its licensed IP. Meanwhile, pre-tax profits jumped by almost a third to £262.8 million for the year from £203 million a year earlier. The company opened 30 new stores over the past year and shut eight sites to leave it with a portfolio of 570 stores globally. Kevin Rountree, chief executive of Games Workshop, said: 'After a record year, we remain focused on delivering our operational plans and working tirelessly to overcome any significant obstacles that get in the way. 'We will continue to give ourselves the freedom to make some mistakes, constantly working on improvements in product quality and manufacturing innovation. 'Despite our recent successes we will never take our hobbyists' support for granted.' Shares in the company were 5% higher as a result.
Daily Mail
15 hours ago
- Health
- Daily Mail
I testified at the Harold Shipman Inquiry - these disturbing behaviours foreshadowed Dr Death's killing spree
On the latest episode of the Mail's 'The Psychology of a Serial Kille r', forensic psychiatrist Dr. Andrew Johns and police surgeon Dr. Harry Brunjes interrogate the 'unusual' early life of serial killer Harold Shipman. They also examine how institutions failed to spot Shipman's increasingly erratic and suspicious behaviour, despite the trail of deaths that followed him from practice to practice. The Mail's 'The Psychology of a Serial Killer' is a brand-new true crime podcast that delves into the minds, methods, and motivations of medical murderers. Medical murderers are those who pervert their positions of trust, as doctors or nurses, to prey on the public. The season opens with a study of the infamous cases of doctors Harold Shipman and John Bodkin Adams. Shipman, a GP, is suspected of killing 215-250 patients between the years 1975 and 1998 by injecting them with lethal doses of diamorphine (medical heroin). Dr Andrew Johns, podcast co-host, was called to give expert testimony during the official inquiry into Shipman's murders. Listen to The Psychology of a Serial Killer below or by clicking here. Shipman, a GP, is suspected of killing 215-250 patients between the years 1975 and 1998 by injecting them with lethal doses of diamorphine Adolescence Harold Shipman was born to a working-class family in Nottingham in 1946. He was the son of a lorry driver and the 'apple of his mother's eye', as Dr. Johns told the podcast. At 17, Shipman's mother, Vera, was diagnosed with lung cancer. At the time, there was no treatment for the illness apart from using opiates to manage pain. Dr Johns suspects that exposure to this class of drugs at a young age had a profound effect on the young man. He said: 'The GP would visit Vera at home and give her regular injections of morphine to relieve her pain. 'It's a highly addictive opiate that, in large doses, kills through respiratory depression. It simply stops you from breathing. 'Shipman witnesses the powerful effect of that drug on his mother and how it ultimately eases her passing. What impression did that doctor and needle have on him?' When Vera succumbed to her cancer, it was Shipman who discovered her body coming home from school. To combat his grief, Shipman begins using Sloan's Liniment, a pain killer, recreationally. In high doses, the over-the-counter medication can produce a slight high. On the eve of moving to medical school, Dr John describes Shipman as an 'odd, reclusive chap'. Early Medical Career Shipman studies at Yorkshire's Pontefract General Infirmary and in 1971, is named House Officer of the hospital. Despite being only a Junior Doctor, Shipman certifies 133 deaths during his time at the hospital. As Dr Johns explains: 'As a Junior, Shipman is regarded as overconfident. The official inquiry conjectured that he started misusing the drug Pethidine around this time. 'Pethidine is also an opiate painkiller, but it's synthetic – it's prescribed for moderate to strong pain, unlike morphine, which is used for severe pain. 'At Pontefract, Shipman certifies 133 deaths. There's nothing particularly high about that number until you notice he was present at a third of all deaths. 'Junior Doctors are rarely present at the time of the death. Shipman was present at death 20 times more often than any other Junior Doctor.' After Pontefract, Shipman becomes a qualified GP and moves to Morton, a small town in Leeds, to work in a surgery. At this time, Shipman's judgment and general demeanour become more erratic with his addiction to opiates escalating. 'Shipman is dogmatic about his medical judgement. He's extremely critical of those he deems intellectually inferior', Dr Johns said. 'After several blackouts, including a collapse in front of patients, Shipman is found slumped over the wheel of his car. He claims he's epileptic. 'Following a routine audit, it is discovered that he has forged prescriptions for 30,000 milligrams of Pethidine. That is 600 normal doses.' Shipman admits to using the Pethidine recreationally and is fired and sent to a drug rehabilitation program in York. Despite a Magistrate's Court finding him guilty of forging prescriptions, the General Medical Council let Shipman off with a warning. He would then move to Hyde in Greater Manchester, again working as a GP, where the majority of his murders would take place. For expert analysis of Shipman's murders, search for the Mail's 'The Psychology of a Serial Killer' – available now wherever you get your podcasts. New episodes are released every Wednesday.
BBC News
15 hours ago
- Sport
- BBC News
Forest 'not here to be picked off by other clubs'
At one point, it felt almost inevitable that Morgan Gibbs-White was going to become a Tottenham Hotspur confidential £60m release clause had been met and surely any protests were just going to delay the Forest, however, are a different beast these the club might have sanctioned the £55m sale of Anthony Elanga to Newcastle United, Evangelos Marinakis was clearly in no mood to weaken the squad any his credit, the player made no noise. He attended training and the pre-season camp in Portugal, despite some personal issues, and now signing a new contract suddenly clears the way for the rest of Forest's transfer window Elanga is one thing. Replacing the heartbeat of Nuno Espirito Santo's side is another thing with the likes of James McAtee and Harvey Elliott showed that there could be a future - it is just that the upheaval in one summer could be far too disruptive to the club's first European campaign in 30 it is, a three-year contract for Gibbs-White still potentially paves the way for a departure next summer, after the World Cup, but at a price more fitting to his stature - and with a succession plan in now, it is very much a statement of intent. Forest are not here to be picked off by other clubs - especially ones that finished 10 places below us in the league - and we continue to look up, not uncertainty over the past few weeks has undoubtedly stalled the signing of new players, but with moves for Dan Ndoye, Adama Traore and possibly Jacob Ramsey, strengthening rather than weakening is definitely the name of the new contracts for several existing players agreed, those not likely to feature being moved on and money still to spend, Marinakis, Nuno and the fans are now hopefully on the same page for next more from Pat Riddell at The Famous Club, external
Yahoo
15 hours ago
- Business
- Yahoo
Games Workshop's annual profit soars on flagship Warhammer game sales
By Yamini Kalia (Reuters) -British miniature wargames maker Games Workshop on Tuesday posted a nearly 30% jump in annual pre-tax profit, thanks to robust sales of its flagship Warhammer 40,000 game. The company, known for its premium, in-house produced fantasy miniatures, has built a cult-like following for Warhammer, which has expanded into video games, books and a film and TV deal with Amazon that was finalised last December. The flagship science-fantasy universe will be brought to screens via a live-action series from Amazon Studios. Henry Cavill, the British actor who played Superman and is a fan of Warhammer, has said he will be involved in the project. Games Workshop's Space Marine 2 video game, released last September, has also been a commercial success with more than 7 million copies sold. Games Workshop reported pre-tax profit of 262.8 million pounds ($350.79 million) for the year ended June 1, up from 203 million pounds the year before. Shares of the company were up 4.1% at 15,880 pence by 0816 GMT. "We have been pretty solid during the year managing our cash costs and investments," the company said in a statement. "The exception was the news about tariffs and the cute looking pipistrelle bat that is delaying our work on our new temporary car park," it added. The Nottingham-based games designer forecast a tariff impact of about 12 million pounds on its pre-tax profit in the current fiscal year and a 2% impact on gross margin in the following year. However, Games Workshop said it was "business as usual" for the firm, which already has a U.S. corporate entity and is investing in its Memphis base. Peel Hunt analysts expect the company's strong performance to continue, despite its vulnerability to tariffs, a stronger pound and a tough comparative period due to the exceptional success of Space Marine 2 last year. ($1 = 0.7492 pounds) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
15 hours ago
- Business
- Reuters
Games Workshop's annual profit soars on flagship Warhammer game sales
July 29 (Reuters) - British miniature wargames maker Games Workshop on Tuesday (GAW.L), opens new tab posted a nearly 30% jump in annual pre-tax profit, thanks to robust sales of its flagship Warhammer 40,000 game. The company, known for its premium, in-house produced fantasy miniatures, has built a cult-like following for Warhammer, which has expanded into video games, books and a film and TV deal with Amazon (AMZN.O), opens new tab that was finalised last December. The flagship science-fantasy universe will be brought to screens via a live-action series from Amazon Studios. Henry Cavill, the British actor who played Superman and is a fan of Warhammer, has said he will be involved in the project. Games Workshop's Space Marine 2 video game, released last September, has also been a commercial success with more than 7 million copies sold. Games Workshop reported pre-tax profit of 262.8 million pounds ($350.79 million) for the year ended June 1, up from 203 million pounds the year before. Shares of the company were up 4.1% at 15,880 pence by 0816 GMT. "We have been pretty solid during the year managing our cash costs and investments," the company said in a statement. "The exception was the news about tariffs and the cute looking pipistrelle bat that is delaying our work on our new temporary car park," it added. The Nottingham-based games designer forecast a tariff impact of about 12 million pounds on its pre-tax profit in the current fiscal year and a 2% impact on gross margin in the following year. However, Games Workshop said it was "business as usual" for the firm, which already has a U.S. corporate entity and is investing in its Memphis base. Peel Hunt analysts expect the company's strong performance to continue, despite its vulnerability to tariffs, a stronger pound and a tough comparative period due to the exceptional success of Space Marine 2 last year. ($1 = 0.7492 pounds)
