Category : Search result: business insolvency


Reeves' 'Disastrous' Budget Silence Angers Business Leaders

Chancellor Rachel Reeves faces a furious backlash from business leaders for her 'deafening silence' on the upcoming Autumn Budget, creating crippling uncertainty for UK firms and sparking fears of a major economic misstep.

Queensland trucking company collapses after 23 years

A major Queensland transport company with a 23-year history has entered liquidation, collapsing with massive debts and leaving dozens of employees without jobs in a severe blow to the region's freight industry.

Market Basket Mediation: Arthur T Demoulas Fights for Control

Exclusive: Arthur T. Demoulas, the ousted CEO beloved by workers, enters mediation in a dramatic final attempt to buy back the 50.5% stake of the Market Basket grocery chain and end the family feud that has paralysed the business.

Kraft Heinz Merger Faces Potential Split by Investors

Exclusive: The multi-billion pound Kraft Heinz merger is under intense scrutiny as major investors push for a potential breakup of the food and condiment titan. Analysts suggest a split could unlock significant value.

Shop Owner Shames Shoplifters with Viral CCTV Footage

A UK business owner fights back against shoplifters by publicly shaming them with hilarious CCTV footage of them stealing rubber ducks, bath bombs, and chocolate. His viral campaign highlights the growing crisis facing small retailers.

Nestlé UK CEO sacked over undisclosed relationship

Nestlé's UK & Ireland boss, Stefano Agostini, has been abruptly dismissed after nearly four decades with the company for failing to disclose a personal relationship with a colleague, breaching strict corporate governance rules.

Vashi Dominguez's Jewellery Retailer Collapses into Administration

Exclusive: Vashi Dominguez's high-end jewellery venture, once a glittering success, collapses into administration. Discover the full story behind the downfall of the luxury brand that promised to revolutionise bespoke gems, leaving creditors owed millions

Family Feud Forces Eviction of VW Garage After 60 Years

The Freccia brothers' Volkswagen garage in Connecticut faces a shocking eviction after six decades. A bitter family trust battle forces the closure, leaving the community and 15 employees devastated. Read the full story of this local institution's downfal

John Barnes settles tax debt, exits bankruptcy

England and Liverpool icon John Barnes has finalised a significant payment to HM Revenue & Customs, officially concluding his bankruptcy proceedings after a three-year financial ordeal.

Bosnian refugees build £15m food empire in UK

Two brothers who fled the Bosnian War with just £300 have built a £15 million food manufacturing business in the UK, employing 150 people and supplying major supermarkets.

Royal Mail's Parent Firm Secures Major US Postal Contract

Exclusive: Royal Mail's parent company, IDS, secures a pivotal 7-year contract with the US Postal Service to handle stateside parcel deliveries, aiming to reverse fortunes after a bruising year of losses and industrial disputes.

Time Out Magazine Exits London for Manhattan HQ

In a seismic shift for media, Time Out Magazine abandons its London birthplace after 55 years, relocating its global headquarters to Manhattan. Discover the reasons behind this historic move.

Coca-Cola in Talks to Sell Costa Coffee Chain

The Coca-Cola Company is reportedly in advanced discussions to divest its Costa Coffee chain, just six years after its landmark £3.9bn acquisition. The potential sale signals a significant strategic shift for the beverage giant.

Karren Brady's Brutal Apprentice Put-Downs Exposed

An inside look at Baroness Karren Brady's most scathing boardroom critiques and how she reshaped failing businesses on The Apprentice. Discover her legendary one-liners and no-nonsense approach.

Fourth Italian Restaurant Chain Collapses in 2025 Crisis

Another major Italian restaurant chain has fallen into administration, marking the fourth such collapse in 2025. The crisis threatens jobs and highlights severe pressures facing UK's hospitality sector from rising costs and changing consumer habits.

UK's 5-Point Economic Reform Plan Unveiled by Chancellor

Exclusive insights from Day Two of the UK's Economic Reform Roundtable reveal a landmark consensus on deregulation, skills investment, and a new 'Brexit Dividend' for British industry. Discover the five key takeaways shaping Britain's economic future.

UK Shop Closures Soar: Budget Blamed for Retail Crisis

The UK's retail sector is facing an existential crisis, with new data revealing a record number of shop closures. Industry experts are pointing the finger at the Chancellor's recent budget, citing a perfect storm of rising business rates and a lack of sup

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.

1West launches innovative SME loan platform

Discover how 1West is transforming the lending landscape for small businesses with its cutting-edge financial platform, offering faster approvals and competitive rates.

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