Insolvency specialist Begbies Traynor makes hay as economy slows December 11, 2023 The number of firms in difficulty continues to increase which has given specialist accountant Begbies Traynor a boost
Hitachi UK rail plant takes multimillion hit as train manufacturers struggle December 10, 2023 Hitachi's factory in the North East of England has taken a multimillion pound writedown amid growing concerns over the health of UK train manufacturing.
Alstom UK boss: Give clarity over Derby plant future or ‘it all goes’ December 6, 2023 Suppliers of Alstom's Derby plant are already facing liquidation, its UK chief has warned as a deadline for clarity over its future approaches.
Bank of England: Economy resilient but full force of interest rates yet to come December 6, 2023 UK firms have shrugged off the worst of a rapid interest rate tightening cycle this year but the full force of hikes is yet to filter through to businesses, the Bank of England warned today.
Honest Burger locks horns with HMRC over tax bill December 3, 2023 Posh fast food chain Honest Burger was locked in a legal dispute with HMRC after a plea to get an extension on paying a tax bill was ignored, it has been revealed.
Record level of British haulage businesses going bust ‘at a rate unheard of’ November 29, 2023 British haulage businesses going insolvent has jumped over the last two years as the fallout of the UK economy has pushed business to go bust.
Signa: Selfridges owner files for insolvency in fresh blow for billionaire Benko November 29, 2023 Fears over the future of Signa have left many analysts speculating that it could lead to the sale of London's most iconic department stores.
Business closures surpass openings for the first time since 2010 as higher borrowing costs bite November 29, 2023 Business closures have overtaken openings for the first time since 2010, a report in the Financial Times analysis has suggested
Wilko ‘ran out of cash’. Former boss apologies to staff over collapse of chain November 28, 2023 The former boss of Wilko, Lisa Wilkinson, was pushed to offer an apology to the staff of the now-collapsed high street chain and admitted that she let her employees down.
Nipper’s back: HMV swings open the doors of historic Oxford Street store November 24, 2023 HMV is to swing open the doors of its historic Oxford Street store after a four-year absence, with the retailer’s boss saying it is a “great moment” in the chain’s recovery.