Jedward post €230k losses

The entertainment firm Planet Jedward owned by Ireland’s most famous twins has crashed back to Earth after chalking up combined losses of €234,000 in two years.

New accounts show that John and Edward Grimes’ firm last year recorded a loss of €104,447 and this followed a loss of €130,182 in 2014.

The hefty losses sustained by the firm last year has resulted in Planet Jedward being in the red at the end of 2015 with an accumulated loss of €40,033.