Category : Search result: company closure


Thames Water creditors agree £1.6bn rescue deal

Thames Water's creditors have agreed to a crucial £1.6bn financial restructuring plan as Britain's largest water company battles to avoid collapse, while Tesco reports strong profits and markets react to economic uncertainty.

Hiran Abeysekera's revolutionary Hamlet stuns London

Sri Lankan-born actor Hiran Abeysekera delivers a revolutionary portrayal of Shakespeare's tortured prince in the National Theatre's visually stunning new Hamlet, reimagining the classic for contemporary audiences.

Queensland Coal Plant Could Close Six Years Early

Australia's energy landscape faces dramatic transformation as Queensland's largest coal-fired power station could shut down six years ahead of schedule, accelerating the nation's transition to renewables.

Liverpool legend John Barnes declared bankrupt

Former England and Liverpool football star John Barnes has been declared bankrupt after his media company accumulated staggering debts of over £1.5 million, court documents reveal.

Big Sur Cut Off as Landslide Closes Highway 1

A massive landslide has severed Highway 1 at San Simeon, isolating Big Sur and triggering indefinite road closures. Emergency repairs are underway amid ongoing storm threats.

STC's Whitefella Yella Tree: A Landmark Love Story

Sydney Theatre Company's acclaimed new production, 'Whitefella Yella Tree', is a powerful and poetic exploration of a forbidden romance between two Aboriginal boys in the 19th century, hailed as a landmark work for First Nations storytelling.

Jail to £1.9bn: Roxy Jacenko's Husband's Epic Comeback

Oliver Curtis, once imprisoned for insider trading, orchestrates a miraculous financial turnaround, transforming a £250k investment into a colossal £1.9 billion tech enterprise. Discover the inside story of his redemption and staggering success.

Royal Shakespeare Company urges staff to take redundancy

The prestigious Royal Shakespeare Company is grappling with a severe financial crisis, urging staff to consider voluntary redundancy. The iconic theatre, a cornerstone of British culture, faces a perfect storm of rising costs and reduced income, putting i

Texas BBQ Restaurant in London Closes After 18 Months

Authentic Texas BBQ restaurant in London's Fitzrovia closes permanently after struggling with post-pandemic challenges, rising costs, and changing consumer habits. The closure highlights the ongoing crisis in the UK hospitality sector.

Best Cosy Autumn Candles 2024: Top Picks Revealed

Discover the top-rated scented candles for autumn 2024. Our expert reviews reveal the best buys for a warm, inviting atmosphere, from budget-friendly finds to luxury soy wax creations.

ESPN & NBA Finalise Historic $76bn Media Rights Deal

ESPN, the Walt Disney Company, and the NBA are finalising a groundbreaking media rights agreement worth a staggering $76 billion, marking a seismic shift in sports broadcasting. Get the full story on this historic deal.

Water Bills to Rise by £19 a Year from April 2025

Households across England and Wales face an average £19 increase in their annual water bills starting April 2025, as regulator Ofwat approves the rise to fund critical infrastructure and environmental improvements.

Perth Property Giant Collapses Owing Millions

Perth-based construction firm Tingey Development Group has entered administration, collapsing with massive debts. The shock failure leaves a trail of creditors and unfinished projects across the city.

Joey Essex's Firm Collapses with £1.2M Debt

TOWIE star Joey Essex's management company plunges into administration with staggering £1.2 million debt, leaving creditors unpaid as his entertainment career continues to flourish.

M6 Closed Both Ways After Lorry Fire Causes 10-Mile Queues

A major lorry fire has caused catastrophic disruption on the M6 in Cheshire, leading to a full closure between junctions 16 and 17. Motorists face severe delays as emergency services and National Highways work to clear the wreckage. Live updates on divers

Matt Damon & Ben Affleck Sign Major Disney Production Deal

Matt Damon and Ben Affleck's production company, Artists Equity, has secured a significant first-look deal with Disney, marking a major power move in Hollywood. The deal comes as their latest project, a Beatles documentary directed by Peter Jackson, gains

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