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unemployment

  • Wage growth hotter than expected but unemployment rises in headache for Bank of England

    April 16, 2024

    Wages are closely monitored by the Bank of England for signs of how its campaign of interest rate hikes are impacting the wider economy.

  • Arrival: The full story of how a £9bn electric vehicle firm collapsed into administration

    April 11, 2024

    The full story of how the UK businesses of electric vehicle company Arrival collapsed into administration owing more than £1bn has been revealed for the first time.

  • Loss-making Dim T and Wildwood restaurants to close as owner Tasty bids to avoid collapse

    April 9, 2024

    Tasty plc, the restaurant group behind the Dim T and Wildwood brands, is looking to close 20 of its sites and secure new funding in order to avoid collapsing.

  • Home Bargains sheds over 2,000 jobs as billionaire owners take home £36m

    April 9, 2024

    Home Bargains shed more than 2,000 jobs as the billionaire family behind the budget chain paid themselves £36m in dividends, it has been revealed.

  • Lunaz: Majority of jobs lost at David Beckham-backed electric vehicle company

    March 28, 2024

    The majority of jobs have been lost at Lunaz, the electric vehicle company backed by David Beckham, after it entered administration, it has been confirmed.

  • Papa Johns to close 43 ‘underperforming’ UK restaurants – full list

    March 26, 2024

    More than 40 "underperforming" UK restaurants are to be closed by pizza chain Papa Johns, it has been confirmed.

  • Hundreds of jobs saved as firms owned by group hoping to emulate Warren Buffett sold out of administration

    March 20, 2024

    More than 400 jobs have been saved after 14 companies across a manufacturing group were sold out of administration.

  • N Brown: Simply Be and JD Williams owner puts jobs at risk

    March 15, 2024

    N Brown, the company behind the Simply Be, Jacamo and JD Williams brands, has put jobs at risk of redundancy.

  • Cazoo puts New York listing in doubt as it announces major changes

    March 6, 2024

    Cazoo has announced a major change to its business model, plans to cut jobs and the departure of its chief executive.

  • National Windscreens hails ‘outstanding performance’ as it returns to profit

    March 4, 2024

    National Windscreens has hailed its "outstanding performance" as it returned to the black during its latest financial year.

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