Beloved British tea brand Typhoo has unfortunately fallen into administration after 121 years but a Manchester company could be set to save it from the jaws of insolvency.
Undoubtedly one of the biggest and best-known brands in the UK, not to mention the teabag of choice for millions up and down the country, Typhoo is a household name to most and has been a mainstay in supermarkets and newsagents for longer than we’ve been alive.
Despite its long-standing reputation and catering to a market of obsessive tea drinkers who aren’t going anywhere, the brew business has proved difficult for them, with a steady decline in sales and increasing losses year on year, as well as levels of debt creeping up to a now unsustainable point.
Financial advisory firm Kroll has now been appointed to handle the administration and find a buyer for the tea business, with a Manchester-headquartered company currently believed to be the frontrunner.
Typhoo has been struggling to keep a foothold in the tea markets in recent years – suffering a significant setback when its Merseyside factory on the Wirral was broken into back in August 2023 – however, they have now been given a lifeline by a company just down the road in Stretford.
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According to industry news outlet, Proactive Investors, vape and battery distributors Supreme Imports (based over in Trafford Park) are now said to be in ‘advanced talks’ to buy the tea brand and save it from going belly up after well over a century on our shelves.
The Bristol-based veterans were acquired by Zetland Capital back in 2021 which looked to have stabilised finances for a little while, but despite steadying the ship in the immediate, the last three years have seen a return to turbulent times.
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While administration should keep them afloat while a sale is secured, there is still the matter of sizeable debt to be contested with; as of September last year, Typhoo owed more than £73 million to creditors – a whole £20m more than the previous year. In contrast, Supreme recently posted pe-tax profits of £14.7m.
Meanwhile, serious dips in revenue haven’t helped, with losses of around 25% recorded in the previous financial year and the closure of the Moreton plant (which contributed to approximately £24.1m worth of “exceptional costs”) leaving them at risk of going total collapse. It isn’t the heavyweight it once was.
Not for sale in Asda or Tesco for a long time. That doesn’t help!
Conversely, with a diverse portfolio including not only vapes and batteries but lightbulbs, protein powder and bars; other e-cigarette items, the Clearly Drinks brand and even Sealions sleep gummies, Supreme are in the position to potentially rescue Typhoo, although a buyout deal is not yet finalised.
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It’s unclear what the PLC will ultimately do with the brand should the acquisition be completed but it could prove to be a big coup if they can help it recover.
More importantly, with more than 100 jobs at risk throughout the company, not to mention Tyhpoo’s heritage as a historically significant domestic brand, we would love nothing more than to see the much-loved brew-makers back on their feet and livelihoods kept intact thanks to a local brand of our own.
BBC Radio 6 Music Festival is returning to Greater Manchester next month
Thomas Melia
The BBC Radio 6 Music Festival is coming back to Manchester once again, and they’re bringing yet another phenomenal lineup with them.
National radio station and overall upcoming music connoisseurs, BBC Radio 6, are back with their music festival, and just like years previous, it’s taking place across Manchester.
Over the years, the festival has brought some of music’s biggest names to lots of local venues, putting on an array of brilliant live performances.
Last spring saw the arrival of rock band Gossip and Irish singer CMAT, both taking up residency in O2 Victoria Warehouse, Lily Fontaine of English Teacher at Band On The Wall, while DJ Seinfeld went B2B with Salute in Depot Mayfield.
Leading this glowing roster of performers is Ezra Collective, a Mercury award -winning band known for their brilliant jazz productions, and then from one Mercury-winning band to another, Lily Fontaine won’t be riding solo this year, instead she’s bringing all the crew with her, as English Teacher are set to perform at this huge festival.
Fat Dog, whose debut album is titled ‘Woof’, are joining in on the fun with Scottish band Mogwai also making a feature too.
There’s even a chance for an exclusive first listen too, as Kae Tempest will be debuting new material right here in Manchester.
Ezra Collective are performing at BBC Radio 6 Music Festival.English Teacher make a return to Manchester for this special event.Fat Dog are also playing the BBC Radio 6 Music Festival.
All performances will be taking place at a multitude of venues, like the previously mentioned O2 Victoria Warehouse, Depot Mayfield, and Band On The Wall, as well as loads of other events at entertainment bar, Yes.
Every highlight, alongside live and recorded live performances, will be taking place at MediaCityUK in Salford, in order to keep everything Manchester central.
BBC Radio 6 Music Festival is happening from 26 – 29 March 2025, with tickets going on sale from 6 February at 10am here.
MediaCity’s new £2.5m indoor activity park confirms opening date just in time for half term
Emily Sergeant
A brand new indoor activity park is set to open its doors in Greater Manchester, and the launch date has now been revealed.
In case you missed it, it was announced towards the end of last year that Salford had been chosen by Oxygen Activeplay as the location for its next venture, and will be descending on Quayside MediaCity this month with state-of-the-art equipment and activities to help local families stay active whilst having fun at the same time.
Oxygen will sit above bustling food hall Kargo MKT, taking over the former site of I’m a Celebrity Jungle Challenge.
Following a £2.5 million investment, the new park will feature more than 30 trampolines, a mega-air bag, a high ropes course, a ‘Rollglider’ aerial ride which flies over the facility, and Oxygen’s signature illuminated sensory experience ‘Excite Tunnel’, along with even more “epic” activities.
A series of optional games and dance parties will also be on offer during each play session, and the new Manchester park will also host ‘Peaceful Play’ sessions designed for neurodivergent guests, who prefer a calmer and quieter playing environment, as well as there being a ‘Toddler Venture Zone’.
A cafe serving drinks, snacks, and meals is also set to overlook the park.
But, up until recently, the date when the exciting new venture would be welcoming in the public for the first time remained under lock and key.
A new £2.5m ‘state-of-the-art’ indoor activity park will be opening at MediaCity / Credit: Jamie McPhilimey
It’s been a long time coming, but after 6,000 hours of hard work from the construction team, it has now been confirmed that Oxygen at MediaCity will open on Monday 17 February , just in time for half term.
Doors will open at 9am, and pre-booking is advised.
“With Oxygen at MediaCity being our tenth park, we knew we had to do something really special, so we have some really big and exciting plans,” teased Oxygen Activeplay CEO, Stephen Wilson, ahead of the new park opening in a couple of weeks time.