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By Jon Robinson The UK arm of Peloton lost almost £100m and shed hundreds of jobs, it has been revealed. The London-headquartered division has posted a pre-tax loss of £98.1m for the 12 months to June 30, 2023, according to newly-filed accounts with Companies House. Peloton previously posted a pre-tax loss of £173.7m for its prior financial year. The results, which are almost five months late, also show its revenue was cut from £127.7m to £93.8m over the same period. During the year the average number of people employed by Peloton’s UK arm was cut from 682 to 441. Peloton’s UK results for its …

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