Category : Search result: business downturn


Half of US States on Brink of Recession, Analysis Reveals

A startling new economic analysis from Bloomberg Economics indicates that nearly half of all US states are either already in recession or teetering on the edge, signalling potential national economic turmoil ahead.

Trump in advanced talks for major Tokyo property deal

Exclusive: Howard Lutnick of Cantor Fitzgerald is reportedly in advanced talks with the former US President to develop a major real estate venture in Japan's capital, signalling Trump's post-election business ambitions.

Spotted Cow Cookies Collapse: Yorkshire Bakery Folds

Yorkshire's beloved Spotted Cow Cookies has ceased trading, leaving 25 employees jobless and customers heartbroken. The family-run bakery, famed for its gourmet biscuits, succumbed to the relentless pressure of the cost-of-living crisis and soaring inflat

Nuneaton businessman's epic clapback at vile customer abuse

A Warwickshire businessman has been hailed a hero after his blistering Facebook response to a group of women who launched a vicious campaign of abuse against his young employees, calling their behaviour 'utterly disgusting'.

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.

Trump Business Empire Hit by Severe PMI Crash

A closely watched survey reveals a dramatic downturn in the business health of companies linked to Donald Trump, with a key performance metric collapsing to its lowest level in months, signalling severe financial distress.

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.

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

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.

2008 Recession-Era Restaurant Deals Make Worrying Comeback

Iconic money-saving deals from the 2008 financial crash, like 'Gourmet Burger Kitchen's' 'Two for Ten' and 'Strada's' £5 pizza, are reappearing on high streets. Economists warn this trend is a classic harbinger of an economic downturn as consumers tighten

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.

New Zealand Enters Recession as GDP Contracts Again

New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.

London House Prices Plummet in First Annual Drop Since 2012

Exclusive analysis of the latest ONS figures reveals a significant shift in the UK property market, with London leading a national downturn. Discover which regions are hardest hit and what it means for homeowners and buyers.

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

KPMG cuts over 100 jobs in Scotland

Big Four accounting firm KPMG announces significant job cuts in Scotland, citing economic pressures and reduced demand for consulting services.

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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