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The Metropolitan Police have arrested 46 people after disrupting a criminal network suspected of smuggling up to 40,000 stolen phones from the UK to China.

A months-long investigation began last December when a box on its way to Hong Kong was found at a warehouse near Heathrow Airport containing around 1,000 iPhones.

Officers discovered almost all the phones had been stolen, the force said.

It then launched Operation Echosteep, bringing in specialist detectives to track down the suspects for what’s been described as the UK’s biggest ever crackdown on phone theft.

They intercepted further shipments and used forensics to identify two men in their 30s, who were arrested on suspicion of handling stolen goods on 23 September. They have since been charged and remanded in custody.

The discovery of the phones at a warehouse near Heathrow Airport. Pic: Metropolitan Police
Image:
The discovery of the phones at a warehouse near Heathrow Airport. Pic: Metropolitan Police

A number of phones were found in the men’s car and around 2,000 more devices were found at properties linked to them, the Met Police said.

Detective Inspector Mark Gavin, the senior investigating officer for Operation Echosteep, said: “This group specifically targeted Apple products because of their profitability overseas.

“We discovered street thieves were being paid up to £300 per handset and uncovered evidence of devices being sold for up to $5,000 (£3,700) in China.”

Phones piled on the backseat of the suspects' car. Pic: Metropolitan Police
Image:
Phones piled on the backseat of the suspects’ car. Pic: Metropolitan Police

Police call on phone manufacturers to do more

Commander Andrew Featherstone, the Met’s lead for tackling phone theft, has described the operation as “the largest crackdown on mobile phone theft and robbery in the UK”.

He continued: “We’ve shown how serious we are about tackling this issue, but we need more help from the industry.

“We’re calling on phone manufacturers such as Apple and Samsung to do more to support us and protect their customers – especially around phone security and re-use.”

A total of 46 people have been arrested during two weeks of what the force has described as “targeted and precise activity”.

These include the arrests of 11 people during an operation targeting gangs robbing courier vans delivering the new iPhone 17 and the arrest of two men in their 30s – on suspicion of money laundering and handling stolen goods – after officers recovered almost £40,000 in cash at a phone shop in north London.

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The moment a duo on a moped tried to snatch a phone from a woman's hand. Pic: Met Police
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The moment a duo on a moped tried to snatch a phone from a woman’s hand. Pic: Met Police

Another man was charged with handling stolen goods after being stopped with 10 suspected stolen phones at Heathrow Airport on 20 September.

Further enquiries revealed the man – who also had two iPads, two laptops and two Rolex watches – had travelled between London and Algeria more than 200 times in two years, the force said.

London mayor Sadiq Khan said it is “simply too easy and profitable” for criminals “making millions by repurposing stolen phones and selling them abroad”.

“I will continue to call on the mobile phone industry to go harder and faster in designing out this crime by making stolen devices unusable,” he said. “We need coordinated global action to shut down this trade and build a safer London for everyone.”

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Burger King UK lands new backing from buyout firm Bridgepoint

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Burger King UK lands new backing from buyout firm Bridgepoint

The private equity backer of Burger King UK has injected millions of pounds of new funding as part of a deal which paves the way for their partnership to be extended into the 2040s.

Sky News understands that Bridgepoint has invested a further £15m into the fast food giant in recent days, with a further sum – thought to be up to £20m – to be deployed over the next 18 months.

The new funding has been committed as Burger King UK’s Master Franchise Agreement with a subsidiary of Restaurant Brands International has been extended to 2044 in a deal which is said to align the interests of its various financial stakeholders more closely.

Burger King’s British operations comprise roughly 575 outlets, and employ approximately 12,000 people.

In results released this week, Burger King UK said it had delivered a “solid performance…amid sector headwinds” in 2024.

Revenue increased by 7% to £408.3m, with underlying earnings before interest, tax, depreciation and amortisation up 12% to £26m.

The company also said it had completed a refinancing process, with the maturity of its bank facilities pushed out to March 2028.

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Under the leadership of Alasdair Murdoch, its long-serving chief executive, Burger King plans to open roughly 30 new sites next year.

It comes at a challenging time for the UK hospitality sector, with casual dining chains TGI Fridays and Leon both filing to appoint administrators in the last few days.

Industry bosses say that last month’s Budget has piled fresh cost pressures on them.

Bridgepoint declined to comment on the injection of new capital into Burger King UK.

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Hundreds of jobs at risk as LEON moves to cut unprofitable restaurants

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Hundreds of jobs at risk as LEON moves to cut unprofitable restaurants

The fast food chain LEON has taken a swipe at “unsustainable taxes” while moving to secure its future through the appointment of an administrator, leaving hundreds of jobs at risk.

The loss-making company, bought back from Asda by its co-founder John Vincent in October, said it had begun a process that aimed to bring forward the closure of unprofitable sites. It was to form part of a turnaround plan to restore the brand to its roots around natural foods.

It was unclear at this stage how many of its 71 restaurants – 44 of them directly owned – and approximately 1,100 staff would be affected by the plans for the so-called Company Voluntary Arrangement (CVA).

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“The restructuring will involve the closure of several of LEON’s restaurants and a number of job losses”, a statement said.

“The company has created a programme to support anyone made redundant.”

It added: “LEON and Quantuma intend to spend the next few weeks discussing the plans with its landlords and laying out options for the future of the Company.

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“LEON then plans to emerge from administration as a leaner business that can return to its founding values and principles more easily.

“In the meantime, all the group’s restaurants remain open, serving customers as usual. The LEON grocery business will not be affected in any way by the CVA.”

Mr Vincent said. “If you look at the performance of LEON’s peers, you will see that everyone is facing challenges – companies are reporting significant losses due to working patterns and increasingly unsustainable taxes.”

Mr Vincent sold the chain to Asda in 2021 for £100m but it struggled, like rivals, to make headway after the pandemic and cost of living crisis that followed the public health emergency.

The hospitality sector has taken aim at the chancellor’s business rates adjustments alongside heightened employer national insurance contributions and minimum wage levels, accusing the government of placing jobs and businesses in further peril.

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Revenues of water company to be cut by regulator Ofwat

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Revenues of water company to be cut by regulator Ofwat

The UK’s biggest water supplier has been dealt another blow as the regulator decided to reduce its income.

Thames Water, which supplies 16 million people in England, has been told by the watchdog Ofwat its revenues will be cut by more than £187m.

It comes as the utility struggles under a £17.6bn debt pile and the government has lined up insolvency practitioners for its potential collapse.

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Overall, water firms face a sector-wide revenue reduction of nearly £309m as a result of Ofwat’s determination. Thames Water’s £187.1m cut is the largest revenue reduction.

This will take effect from next year and up to 2030 as part of water companies’ regulator-approved five-year spending and investment plans.

The downward revenue revision has been made as Ofwat believes the companies will perform better than first thought and therefore require less money.

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Better financial performance is ultimately good news for customers.

The change published on Wednesday is a technical update; the initial revenue projections published in December 2024 were based on projected financial performance but after financial results were published in the summer and Ofwat was able to apply these figures.

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Is Thames Water a step closer to nationalisation?

Thames Water and industry body Water UK have been contacted for comment.

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