No Public Inquiry into Birmingham Council Collapse
Labour leaders block a public inquiry into Birmingham City Council's financial collapse. Critics warn of a lack of accountability and say the party will pay at the ballot box. Read the full story.
Category : Search result: retail collapse
Oliver Bonas announces new UK store openings and relocations
Oliver Bonas reveals a wave of new store openings and relocations across England and Scotland before year-end, with 20 more planned for 2025. Discover the full list of locations.
Boxing Day 2025: Shopper Numbers Up 4.4%
Boxing Day proved a 'bumper day' for UK retail as footfall jumped 4.4%, the strongest increase in over ten years. Discover how high streets, retail parks, and coastal towns performed.
Boxing Day footfall jumps 4.4% in biggest surge for 10 years
Boxing Day 2024 delivered a bumper boost for UK retailers, with footfall up 4.4% in the strongest rise for over a decade. Discover where and when shoppers flocked for bargains.
Telford retail park bids to increase unit size for superstores
British Land applies to boost maximum store size at Telford Forge Retail Park to attract larger retailers, aiming to secure long-term tenancies and support the local economy. Read the full details.
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.
Major UK Shoe Chain Axes 100 Jobs After Sales Plunge
VF Corporation, owner of Vans and The North Face, axes nearly 100 UK jobs after a 10% sales drop. Turnover falls to £321.5m as consumers cut spending. Read the full financial analysis.
Mothercare Plans Rebuild After £1.4m Loss and Sales Fall
Mothercare announces plans to rebuild its UK and global operations despite posting a £1.4m loss and a 25% sales drop. The retailer says it has 'stabilised' and is seeking a new CEO.
Next and Currys warn new worker rules will cut jobs
Retail leaders warn Labour's new workers' rights legislation will lead to fewer jobs and hurt high streets. Read the full industry reaction and analysis.
TGI Fridays UK files for administration, 49 restaurants at risk
The future of TGI Fridays in the UK is in doubt as its parent company files a notice to appoint administrators for the second time in weeks. See the full list of 49 restaurants affected and what it means for 2,500 staff.
Earthmoving equipment supplier Warwick Ward enters administration
Warwick Ward, a major UK earthmoving equipment supplier, has collapsed into administration, making 89 staff redundant. The firm cited economic pressures and a failed employee buyout. Read the full story.
Shropshire canal breach traps boats in sinkhole
A major incident in Whitchurch after a canal bank collapse creates a 50m sinkhole, trapping three boats. Emergency services respond. No injuries reported.
Major UK machinery firm collapses into administration
Warwick Ward Machinery Ltd, a major UK supplier, has entered administration after 55 years, citing economic pressures on construction. 89 jobs are at risk. Read the full story.
Construction firm Warwick Ward enters administration, 89 jobs lost
Barnsley-based Warwick Ward (Machinery) Ltd has collapsed into administration, making nearly all 89 staff redundant. Economic headwinds and EOT transition debt cited as key factors.
Scope to close 77 charity shops by March 2026
Disability charity Scope announces plans to close 77 of its 138 UK shops, including in Birmingham, to save £4m. The high street faces rising costs and a shift to online.
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.
Sixes bar chain collapses, 16 UK venues at risk
Sixes, the cricket-themed bar chain backed by Ben Stokes, has entered administration. Its 16 UK venues, including Birmingham's Mailbox, are at risk as administrators seek a rescue deal.
Matches Fashion set for UK return in 2026
Matches Fashion is set for a comeback in Britain next year under new owners Joe Wilkinson and Mario Maher. Discover their vision for the revived luxury brand.
River Island to close 33 stores in UK rescue plan
River Island will close 33 UK stores by January's end as part of a restructuring plan to save its retail business. See the full list of affected locations.
Dramatic moment abandoned Bradford building collapses
Watch the moment a derelict building on Dale Street, Bradford, collapsed, sending rubble across the road. Emergency services and structural engineers attended the scene. Read the full eyewitness account.
High Street Decline: Retail Footfall Falls in November
New data reveals a 0.8% year-on-year drop in UK retail footfall last month, driven by Autumn Budget tax fears and poor weather. Industry leaders call for a new high street revival plan.
Welsh shopper numbers fall in November, data shows
New figures reveal a 0.4% year-on-year drop in Welsh retail footfall for November, with Cardiff among the hardest-hit UK cities. Retailers now pin hopes on a December surge.
90 Jobs Lost as Major Equipment Supplier Warwick Ward Collapses
Long-established earthmoving firm Warwick Ward enters administration, ceasing operations and making 89 staff redundant. Read the full story on the business collapse.
Laura Woods collapses on live TV during England match
ITV presenter Laura Woods is 'OK' after collapsing live on air. Paramedics cite a virus and dehydration. Read her update and the full story here.
Laura Woods collapses on live TV during England match
ITV presenter Laura Woods reassures fans she is 'OK' after fainting live on air during England vs Ghana coverage. Paramedics suspect a virus. Read the full story.
Black Friday slows UK shop price inflation
Black Friday sales led to a slowdown in shop price rises across the UK high street in November, new data reveals. Discover how consumer deals impacted inflation.
McArthurGlen West Midlands to Add 25 New Stores
McArthurGlen Designer Outlet West Midlands is expanding from 75 to 100 stores, creating up to 500 new jobs by 2027. Discover the latest retail growth in Cannock.
Pets at Home profits slump 33.5% in worrying report
Pets at Home reports 33.5% profit drop as retail business struggles. Bosses announce urgent action plan including £20 million cost-cutting programme to revive the 34-year-old chain.
Versarien considers administration after sale fails
Troubled graphene maker Versarien is considering administration after a crucial £200,000 asset sale collapsed. The Gloucestershire firm has been battling financial crises throughout 2025.
Pound Collapse Warning Ahead of Autumn Budget
Currency traders are betting against Sterling ahead of Chancellor Rachel Reeves' Autumn Budget, raising fears of a potential currency collapse similar to the 2022 crisis.
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