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.
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.
CBS News is facing staggering financial losses as its flagship morning show, 'CBS Mornings' co-anchored by Gayle King, fails to attract viewers and advertising revenue, losing nearly $30 million in a single quarter.
Sheffield-based Speciality Steel UK enters administration, putting over 100 skilled jobs at risk and dealing a severe blow to Britain's historic steel heartland.
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.
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.
The UK's biggest bioethanol plant is set to shut down after a controversial trade agreement between Keir Starmer and Donald Trump, leaving hundreds of jobs at risk.
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.
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, 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 highly anticipated West End musical 'Sunset Boulevard' has left producers £4.5 million in the red, as audiences and critics deliver a brutal verdict.
North Korea has ridiculed Russia for its staggering military losses in Ukraine, branding the situation 'humiliating' in a rare public critique of its ally.
Experts warn of a looming US recession that could trigger massive job cuts across industries. How will this impact the UK economy and global markets?
Popular UK toy retailer The Entertainer is set to reduce its workforce as part of cost-cutting measures, leaving employees uncertain about their futures.
Rising layoffs linked to AI adoption spark fears over job security. Experts weigh in on the future of employment in an automated world.
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.
The UK beauty industry faces potential job losses as Labour's proposed tax increases threaten businesses already struggling with rising costs.
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.
Former US President Donald Trump's golf resorts in Scotland report significant financial losses as legal battles and political controversies take their toll.
A leading AI expert predicts massive job losses due to automation, urging workers to adapt now or risk being left behind in the rapidly changing economy.
Mining giant Glencore announces closure of its Queensland nickel refinery, putting 800 jobs at risk and sparking fears for Townsville's economy.
Manchester United's summer clear-out sees high-profile exits, including Ruben Amorim's controversial US switch, as the club faces mounting financial losses.
Ukrainian forces are inflicting significant damage on Russian troops using advanced drone warfare, with reports indicating a sharp rise in enemy casualties and equipment losses.
Reform UK warns that Labour’s ambitious Net Zero plans may lead to massive job losses, but experts question the validity of these claims. Here’s what you need to know.
The historic Durex factory in Derby is set to close, leaving hundreds unemployed as parent company Reckitt shifts production to Asia.
Air India, now under Tata Group's ownership, grapples with mounting losses due to insurance disputes and widespread flight cancellations, raising concerns about its financial stability.
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?