Leon closes 7 UK sites as it enters administration
Major UK fast food chain Leon shuts seven locations and cuts 200 jobs after entering administration. CEO blames high taxes and market challenges. Read the full story.
Category : Search result: company restructuring
Car tax hike confirmed for 2026, EV benefit rates to rise
Drivers will see a 1% Benefit-in-Kind tax increase from April 2026. Electric vehicles retain the lowest rates, but will climb to 9% by 2030. Read the full details.
River Island Closing 33 Stores in January Restructuring
High street fashion chain River Island will close 33 UK stores by end of January 2026 as part of a court-approved restructuring plan. See the full list of affected locations.
MGL Group profits hit £27m on £171m turnover
County Durham's MGL Group reports strong growth with turnover reaching £171.3m and operating profit hitting £27m. The firm is investing in green tech and positioning for future success.
Gloucester timber merchant closes after more than a century
Griggs Timber Company in Gloucester shuts down days before Christmas after years of losses, affecting two dozen workers. Read the full story on this historic closure.
Major UK construction firm Warwick Ward enters administration
Warwick Ward (Machinery) Ltd, a major UK construction equipment supplier, has collapsed into administration after 55 years, making nearly all 89 staff redundant. Read the full story on the economic pressures behind the failure.
Drivers use loophole to avoid £3,840 new car tax charge
Company car drivers are using flexible leases to avoid a major tax increase on plug-in hybrids. Learn how the new Benefit-in-Kind rules work and the temporary relief period.
Autistic man dies in Tenerife after carer dispute
Jamie Cole, 25, died after falling from a hotel balcony. A coroner found his carer's responses 'inappropriate' but ruled no gross failures. Read his mother's heartbreaking statement.
Scion Brand Revived by Toyota After 10-Year Hiatus
Toyota has resurrected its discontinued Scion brand, unveiling a new concept focused on non-traditional mobility. Discover what this means for the future of transport.
Toolstream in administration, 111 jobs axed
Major UK DIY distributor Toolstream has collapsed into administration, blaming post-COVID supply issues. 111 jobs have been cut as administrators seek buyers. Read the full story.
Aldershot's Jack and the Beanstalk Panto Draws Roars of Approval
The Robert Hopkins Company's 31st pantomime, Jack and the Beanstalk, is a festive hit at Aldershot's Prince's Hall Theatre. Discover the magic behind this long-running success, with performances until 4th January 2026.
Gloucester's Historic Griggs Timber Faces Uncertain Future
The future of Griggs Timber Company, a Gloucester merchant operating since 1917, is in doubt as staff enter consultation. Read the latest on potential job losses.
Free Theatre Workshops for Neston Youth from 2026
Little Actors Theatre Company secures a Cheshire West grant to launch free performing arts workshops for 11-18 year olds at Neston Town Hall from spring 2026. Book now!
Poundland confirms 14 new store closures
Discount retailer Poundland is shutting 14 more shops by February, with clearance sales now on. This follows 19 earlier closures as part of a major restructuring. Read the full list of locations.
Poundland Closing 68 Stores, 1,000 Jobs Impacted
Discount retailer Poundland announces 68 store closures across December and early 2026, affecting around 1,000 staff. Full list of locations and reasons behind the restructuring revealed.
Poundland store closures: Full list for Dec & Jan
Poundland is shutting around 30 branches as part of a major restructuring. See the full list of locations closing in December and January, including Melton Mowbray and Bexhill.
Butlin's returns to profit with £28.3m in 2024
Butlin's holiday resorts bounce back from a £74.2m loss to a £28.3m pre-tax profit in 2024. CEO Jon Hendry Pickup outlines investment plans ahead of the brand's 90th anniversary.
21 Nostalgic Photos of Birmingham Neighbourhoods Through Time
Step back in time with 21 captivating archive photos showcasing daily life in Birmingham's neighbourhoods, from the 1930s onwards. Discover the city's rich social history.
Leon warns of closures after £8 million loss
Fast food chain Leon faces potential site closures following an £8 million pre-tax loss. Founder John Vincent outlines a major overhaul to return to its core values and become 'Earth's favourite fast food'.
Birmingham firm's Purple Aki merchandise sparks controversy
A Birmingham company faces backlash for selling Purple Aki dolls and footballs. Discover the story behind Liverpool's urban legend and the controversial new products.
Five Poundland Stores to Close in December
Poundland is closing five more shops across the UK this month, launching 'everything must go' sales. Find out the full list of locations and closing dates here.
Baby Chain My Baby Ltd Enters Insolvency, All Stores Shut
Popular baby goods retailer My Baby Ltd has ceased trading, closing all stores in Cambridgeshire and Norfolk. Find out about refunds and Section 75 claims.
16,000 drivers lose car insurance as firm collapses
An urgent warning for 16,000 UK motorists whose car insurance cover ends on December 1 after Premier Insurance Company Ltd collapsed. Find out what to do next.
Kilfrost profits double as de-icer firm eyes growth
Northumberland's Kilfrost sees pre-tax profits double to £6.2m. The 93-year-old de-icer company expands into rail, food manufacturing and renewables for strong growth.
New HMRC Fuel Rates for Company Cars from Dec 1
HMRC announces new advisory fuel rates for petrol, diesel and electric company cars effective December 1. Find out how the changes affect business travel reimbursements.
Wootzano founder's urgent fight to save company
Atif Syed appeals for funds to save Wootzano from winding up petition. The robotics firm has £570m in contracts and global clients. Support the fight to save British innovation.
Car insurance firm collapses, 16,000 policies affected
Gibraltar-based Premier Insurance Company Limited has entered administration, voiding coverage for 16,000 UK motorists from December 1. The FSCS assures protection for eligible policyholders.
River Island to Close Altrincham Store Amid Restructuring
River Island is shutting its Altrincham store in a major restructuring plan, with 71 more UK locations at risk. Discover the full list of closures and the reasons behind the high street exodus.
Zoo Digital operating losses narrow amid turnaround
Yorkshire's Zoo Digital sees operating losses halve to $1.2m as restructuring and AI integration pay off. The subtitling specialist reports stable revenue and a renewed confidence.
Yodel ranked UK's worst delivery firm for Christmas
Citizens Advice reveals Yodel as Britain's lowest-rated parcel carrier. Over 15 million faced delivery issues. Discover which firm topped the rankings ahead of Christmas.
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