Jedward laugh all the way to the bank

Pop twins Jedward are singing and dancing all the way to the bank with accounts showing that their entertainment firm recorded profits of over €400,000 last year.

John and Edward Grimes established their firm, Planet Jedward Ltd, in 2010 and accounts for the first full year show the company had profits of €418,440 in the 12 months to the end of December last.

The firm was set up on Dec 10, 2010 and as Planet Jedward is a small firm, it is not required to reveal the revenues it generates or the salaries or dividends it would have paid out during the year.