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.
Supreme PLC is London-listed but has a HQ in Manchester.The old Tyhpoo factory which closed last year.Typhoo could be pulled back from the brink of administration. (Credit: Supreme via Facebook)/Rept0n1x via Wikimedia Commons)
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.
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.
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.
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.
Major Co-op Live concert cancelled with fans already inside venue
Daisy Jackson
Major Co-op Live gig Jeff Lynne’s ELO has been cancelled this evening – after fans had already entered the venue.
Jeff Lynne’s ELO were set to perform the second of two nights at the huge Manchester venue tonight, as part of their final UK tour.
The Over and Out Tour should have been taking place on both the 9 and 10 July before heading to London’s BST Hyde Park Festival on Sunday.
But the show has been cancelled minutes before the legendary band were due to take to the stage.
Fans had already taken their seats inside the massive Co-op Live Arena when the news broke that the gig would not be able to take place ‘due to illness’.
77-year-old Jeff Lynne himself, who recently broke his hand in an accident, is said to be ‘devastated’ that he is unable to perform.
Jeff Lynne’s ELO has been cancelled at Co-op Live
A statement from the band said: “Unfortunately due to illness tonight’s (Thursday 10th July 2025) scheduled performance of Jeff Lynne’s ELO at the Co-Op Live will not be going ahead.
“Jeff is devastated he cannot perform this evening.
“More information will become available as soon as possible. For refunds please go to your point of purchase.”
According to fans, audiences inside Co-op Live were told the show was cancelled with just 45 minutes to go.
One person wrote: “The concert that never was. Cancelled with 45mins to go. Get well soon Jeff Lynne.”
Literally mins after this picture was taken Jeff Lynn cancelled 😞 @JeffLynnesELO Broke his hand a few days ago and has played the best he can and well done to you ! But then decides to cancel 2nd night n Manchester very last minute ! But it’s ok just ask for a refund !!! 😡 pic.twitter.com/wv1JfWPwk5
Andy Burnham reveals plans to build underground tram and train line in Manchester by 2050
Emily Sergeant
Andy Burnham has announced some ambitious long-term plans to build an underground tram and train line in Manchester.
As Greater Manchester sets its sights on a new era of economic growth, on the way to becoming a ‘second city’ to rival any other on the planet by 2050, Mayor Andy Burnham shared the city region’s blueprint for a ‘greener, fairer future’ this week – with underground transport plans being right the heart of it.
Mr Burnham says his vision for the next decade is to create a ‘thriving’ city region where everyone can ‘live a good life’.
Andy Burnham reveals plans to build an underground tram and train line in Manchester / Credit: TfGM
But it’s public transport where it seems some of the most significant changes are set to be made before 2050 arrives.
The Mayor revealed plans for new bus routes, tramlines, and train stations to connect ‘thriving communities’ across the city region with an integrated lower-cost transport system that’ll help more people get out and access new opportunities.
Construction of a tram stop to service new homes at Victoria North will also start by 2028, it has been confirmed, while work to bring Metrolink to Stockport – which has already been announced to huge support – will begin by 2030.
Two commuter rail lines will join the Bee Network next December as well, with another six joining by 2028.
GM is growing fast.
We will expand @BeeNetwork over the next decade to meet the needs of our bigger economy.
BUT
There’s a limit to what we can do on a congested surface.
It’s why I am asking TfGM to start planning for an underground for GM around a remodelled Piccadilly. pic.twitter.com/k2ozNWw6Wj
The headline-grabbing announcement, though, has to be that Mr Burnham has also announced plans to unlock ‘transformative’ investment in transport infrastructure, so that by 2050, Manchester Piccadilly has an underground tram and train station with a high-speed rail link to Liverpool.
He’s also looking to boost regeneration of the surrounding area, effectively making it ‘the Kings Cross of the North’.
“We’re the UK’s fastest growing economy and stand on the cusp of what I believe could be our best decade since the Victorian era,” commented Mayor Andy Burnham, “and our task for the next decade is to build a platform for success for all our residents.
“Our vision is ambitious, but in my eight years as Mayor, I’ve learned that, when we pull together, there’s nothing we can’t achieve.
“There’s a long and proud tradition of collaboration in Greater Manchester. Devolution has turbocharged that and now we’re ready to deliver a new model of growth where no one is left behind.”