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Sales rise at instrument seller Gear4Music as bosses upbeat

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The retailer looks set to beat market expectations when it publishes preliminary results later this year

Gear4Music has been cost cutting in the face of lower demand.

Gear4Music says it has made progress with a growth strategy.(Image: Birmingham Post and Mail)

Online instrument shop Gear4Music has hailed “excellent” trading as reports a 30% surge in sales.

The York-based retailer saw total sales rise 30% in the year to the end of March, with pre-tax profits up £9.7m from £1.6m the year before. The year-end trading update has beaten market expectations for the London Stock Exchange-listed firm.

Bosses there said the strong revenue growth has continued into the 2027 financial year with a new warehouse lease agreed that will expand capacity for the UK’s largest online seller of guitars, keyboards and other musical equipment.

Andrew Wass, Gear4Music executive chair, pointed to strong revenue growth in the final quarter of the 2026 financial year and credited a new growth strategy announced in June 2024 as the driver.

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He added: “We also note that, despite £3.6m of deposits paid in Q4 FY26 in relation to the fit-out of our new UK warehouse, net bank debt has reduced for a fourth consecutive year to £5m. The lease for the new UK warehouse completed as scheduled on April 1, 2026, with fit-out works now underway and progressing on schedule and within budget.

“The new facility will provide the additional capacity and efficiency required to support future UK growth, and as previously reported the total fit-out costs for FY27 are expected to be £10.2m.

“During Q4 FY26, we successfully delivered several significant new technical development projects, including the launch of an AI-based inventory forecasting and purchasing platform, a digital promotions centre enabling more targeted customer incentives, and a website AI chatbot providing product information and advice.

“These developments are already supporting further growth. As previously announced, revenue growth accelerated from mid-March 2025 and notwithstanding more challenging year-on-year comparatives, strong revenue growth has continued into April 2026.

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“Whilst it remains early in the financial year and the board has not yet made any changes to FY27 forecasts, it remains confident that the business will build on the substantial financial progress achieved in FY26. Trading in FY27 to date is in line with consensus market expectations.”

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Business

Derelict site by railway station to become shops and flat

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Developer says plan will ‘enhance the vitality of the local area’

The site was described as "derelict and overgrown"

The Birkenhead site was described as “derelict and overgrown”(Image: Google Street View)

A “derelict and overgrown site” next to a Merseyrail station in Birkenhead could be brought “back to life” as new plans have been put forward. Wirral Council has been told the new plan “supports economic activity” and “enhances the vitality of the local area”.

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Plans have gone into Wirral Council for two commercial units to be built on the ground floor of a new building and one residential flat on the first floor. The development would be built on the corner of Station Road and Stanley Road in the north end of Birkenhead.

The site sits very close to Birkenhead North station, which offers a large park and ride car park as well as Ilchester Park. Diverse Design Collective who have pitched the plans to the local authority said it would be “bringing back to life a derelict and overgrown site in a prominent location”.

The two shops would cover an area of 64 square metres while the first floor flat would be accessed separately. A design and access statement document attached to the application said: “The proposed development site, owned by the applicant, is a large vacant plot that has been derelict and overgrown for some time.”

The document points to a number of buildings in the area including a nearby ASDA and Iceland. According to the planning application, this “provides precedent for more commercial appearing buildings in the context, meaning further commercial units would not appear out of place”.

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The Diverse Design Collective said the plans “seek to open up and utilise a wasted site on a very prominent position within Birkenhead” with a “modest and proportionate” development. They said this “represents an efficient and appropriate use of a vacant urban site”.

Pointing to its computer generated images of how the site would look, the design statement said: “We feel these images adequately show that the proposals not only seamlessly connect with the context in materiality and scale, but subtly provide an engaging street scene that is simultaneously not overly prominent, yet activates the street.”

The document added: “We feel the proposed building would be suitable for the application site and would not feel out of place in scale or appearance to the surrounding dwellings of this area and will not impact the streetscape in any way.

“The proposed high-quality palette of materials would be in keeping with and compliment the character of the area and we feel the overall proposals will be a huge improvement on the appearance of the existing vacant and derelict site in such a prominent position. The predominant use of red brick will respect the surrounding dwellings and character of the adjacent train station, all of which are red brick.”

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To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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Apple faces Indian engineer’s bias lawsuit

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The Economic Times
Apple Inc. lost an early round in a discrimination lawsuit brought in the U.S. by a female engineer from India who says her two managers — one from her country, the other from Pakistan — treated her as they would in their own countries: as a subservient.

The woman’s case in California state court is the latest to allege workplace bias in Silicon Valley that focuses on cultural prejudices of some tech workers from South Asia. Cisco Systems Inc. is fighting a suit brought by California’s civil rights agency alleging bias against a member of India’s so-called lower castes, known as Dalits.

Anita Nariani Schulze is part of the Sindhi minority — she is Hindu, with ancestry in the Sindh region of what is now Pakistan. Her complaint alleges that her senior and direct managers, both male, consistently excluded her from meetings while inviting her male counterparts, criticized her, micromanaged her work, and deprived her of bonuses, despite positive performance evaluations and significant team contributions.

Schulze claims the managers’ animus reflects sexism, racism, religious bias and discrimination on the basis of national origin. The Sindhi Hindu nationality is “known for its technical acumen” and its gender equality, she says, which “exacerbated the managers’ discriminatory treatment.”

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In a tentative ruling on Wednesday, Santa Clara County Superior Court Judge Sunil R. Kulkarni rejected Apple’s request to toss out the suit. While not ruling on the merits of the case, Kulkarni said Schulze had adequately supported her legal claims. Apple had argued her claims weren’t specific enough and were based on stereotypes.

But the judge rejected Schulze’s request to represent a class of female Apple employees who suffered job discrimination over the last four years. He agreed with Apple that she didn’t show a pattern of discrimination that could be applied to a broader group.