Losses neared £70m at group behind kitchen maker Magnet due to cost-of-living crisis February 28, 2024 Almost £70m was lost by the group behind kitchen maker Magnet after being hit by "unprecedented" inflation, "elevated" energy prices and "notably subdued markets" due to the cost-of-living crisis.
Playstation: Sony to cut 900 jobs and close London studio February 27, 2024 Sony has announced plans to cut around 900 jobs in its PlayStation arm and close its London studio.
Gymshark: Profits continue to fall despite surge in sales February 22, 2024 Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed.
The Body Shop to close nearly half of UK stores – with seven to shut immediately February 20, 2024 The joint administrators of The Body Shop have revealed plans to restructure the high street retailer which will see a raft of stores close and hundreds of jobs lost.
UK’s largest nightclub operator Rekom owed over £120m as it collapsed into administration and cut 470 jobs February 19, 2024 The UK's largest nightclub operator owed more than £120m as it collapsed into administration and cut almost 500 jobs before a rescue deal was agreed.
Dead Man’s Fingers maker cuts over 500 jobs and enters the red after cyber attack hits sales February 16, 2024 The maker of Crabbie's Ginger Beer and Dead Man's Fingers spiced rum shed more than 500 jobs and entered the red after its sales were hit by a cyber attack, it has been revealed.
UK inactivity rate rises as record number out of work due to long-term sickness February 13, 2024 Rising inactivity due to ill-health has been a worrying trend with the UK the only G7 nation where employment is still below pre-pandemic levels.
Profits fell at green tech start-up Myenergi ahead of major job losses February 12, 2024 Profits were cut at smart home start-up Myenergi ahead of the HSBC-backed company slashing more than 100 jobs, it has been confirmed.
Kellogg’s puts 360 UK jobs at risk with plans to close factory February 8, 2024 Kellogg's has put hundreds of UK jobs at risk after revealing plans to close one of its major factories.
Bank urged to ‘release brake pedal’ as starting salary inflation drops to 34-month low February 8, 2024 Starting salary inflation slipped to its slowest rate since March 2021 and was comfortably below the series average