Category : Search result: UK business losses

Bank of England's QE Losses to Cost UK Taxpayers Up to £200bn, Fueling Windfall Tax Debate

Bank of England Losses to Cost Taxpayers £200bn

A new report reveals the staggering cost of the Bank of England's quantitative easing programme, with taxpayers facing a bill of up to £200 billion, intensifying calls for a windfall tax on banks.

Victoria Beckham's Fashion Empire Secures Major Cash Injection as Losses Widen | Exclusive

Victoria Beckham brand gets £20m loan as losses widen

Victoria Beckham Holdings Ltd receives a £20 million loan from investors, including her husband David, to stabilise the luxury brand after reporting increased losses of £5.9 million. Discover the brand's financial strategy and future plans.

Rachel Reeves's Budget Tax Raid to Decimate UK Hospitality: Over Half of Job Losses Feared

Reeves's Budget Tax Raid to Decimate Hospitality Jobs

Exclusive analysis reveals Labour's planned VAT overhaul for private schools could trigger a devastating chain reaction, costing the hospitality sector more than 50% of its job losses and hitting family budgets hard.

Prax Plunges into Administration: Lindsey Oil Refinery Faces Uncertain Future After Loan Scandal

Prax Collapses: Lindsey Oil Refinery in Crisis

The future of the UK's Lindsey Oil Refinery is in jeopardy as owner Prax is pushed into administration following the discovery of severe financial irregularities, putting hundreds of jobs and national fuel security at risk.

River Island Supplier Plunges into Administration, Putting 70 Welsh Jobs at Risk

River Island Supplier Collapses, 70 Jobs at Risk

Major fashion supplier to River Island, SRS Industries, enters administration, threatening 70 jobs at its Welsh facility. The insolvency experts from Leonard Curtis are now at the helm.

Restaurant Owner Exposes Entitled Customer Whose Habit Costs £1,000 a Week in Losses

Entitled customer costs restaurant £1k weekly

A furious restaurant owner has revealed how one entitled customer's costly habit is draining £1,000 a week from their business. The shocking story has sparked outrage online.

Ukraine's Drone Strike Obliterates Russian Platoon in Dramatic Footage – Putin's Forces Suffer Heavy Losses

Ukraine's Drone Strike Wipes Out Russian Platoon

Shocking drone footage captures the moment Ukrainian forces annihilate a Russian platoon, destroying a personnel carrier and picking off soldiers in a devastating blow to Putin's military advances.

DJK Transport Collapses: Hundreds of Jobs at Risk as Trucking Giant Goes into Liquidation

DJK Transport collapses into liquidation

DJK Transport, a major UK haulage firm, has entered liquidation, putting hundreds of jobs in jeopardy. The company's financial struggles have led to its sudden downfall, leaving employees and clients in shock.

Nicole Scherzinger's West End Musical Flop: Producers Lose £4.5 Million Amid Critical Backlash

Scherzinger musical loses producers £4.5m

Nicole Scherzinger's highly anticipated West End musical 'Sunset Boulevard' has left producers £4.5 million in the red, as audiences and critics deliver a brutal verdict.

Morrisons to Cut 3,600 Jobs Amid Major Store Overhaul – What It Means for Workers

Morrisons cuts 3,600 jobs in restructuring move

Supermarket giant Morrisons announces plans to axe 3,600 roles as part of a restructuring effort, closing warehouses and revamping stores. Find out how this impacts employees and shoppers.

AI Takes Over: US Workers Face Mass Job Cuts as Automation Surges

AI job cuts surge across US industries

New report reveals alarming rise in AI-driven job losses across the US, with tech and customer service roles hit hardest. Experts warn of long-term economic impact.

Thames Water Boss Warns of Decade-Long Turnaround as Losses Soar to £1.6bn

Thames Water warns of decade-long turnaround

Thames Water's CEO reveals a grim financial outlook, with losses hitting £1.6bn and a decade-long recovery plan ahead. What does this mean for customers and investors?

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