Category : Corporate News


Magnum Ice Cream Profit Drop After Unilever Demerger

The Magnum Ice Cream Company, spun out from Unilever in December, sees operating profit fall to €599m in 2025 due to restructuring costs, despite 4.2% sales growth and plans for a £50m factory upgrade in Gloucester.

Afford Rent A Car Enters Administration in West Midlands

Long-established West Midlands car hire company Afford Rent A Car has collapsed into administration, with drivers instructed to return keys via a drop-off shoot. The firm, founded in 1981, had grown to operate hundreds of vehicles across multiple location

UK Carpentry Firm Collapses After 15 Years

A.L.N. Carpentry & Joinery in Newmarket has appointed administrators, ceasing operations after 15 years. The firm worked on projects across East Anglia and the South East.

UK Law Firm Shuts Down, 600 Jobs at Risk

PM Law, a UK legal firm specialising in personal injury and conveyancing, has closed all five branches, putting 600 jobs at risk across Yorkshire, Cumbria, Berkshire, Kent and Derbyshire.

Beazley Accepts Zurich's £8bn Acquisition Offer

Lloyd's of London underwriter Beazley has agreed in principle to an £8bn acquisition by Zurich, following two rejected offers last month. The deal represents a significant premium and could reshape the specialty insurance sector.

Nelson Peltz Speaks on Beckham Family Feud

Billionaire Nelson Peltz has commented on the Beckham family rift involving his daughter Nicola and son-in-law Brooklyn Beckham, advising them to avoid press attention.

Birmingham PR Firm Celebrates 10-Year Milestone

Make More Noise, a Birmingham-based PR agency, celebrates its 10th anniversary, highlighting a decade of boosting challenger brands and ambitious entrepreneurs through strategic communications.

AG Barr Buys Frobishers and Fentimans for £50m

Scottish drinks giant AG Barr, maker of Irn-Bru, has acquired premium soft drink brands Fentimans and Frobishers in deals worth over £50 million, targeting the growing adult soft drinks market.

Spirax Finance Chief Quits RS Group Board

Louisa Burdett, finance chief of FTSE-100 manufacturer Spirax Group, has resigned from the board of FTSE-250 distributor RS Group, where she served as non-executive director and audit committee chair.

Major Car Dealership to Close UK Locations

Group 1 Automotive, a Fortune 250 company, plans to optimise its UK operations by closing showrooms despite reporting record global revenues of $22.6 billion for 2025.

Construction Firm Collapses into Administration

Family-run construction business EJ Taylor and Sons based in Chelmsford has entered administration after recording a £2.8 million pre-tax loss, with administrators now seeking a sale to protect jobs and client continuity.

UK Brewery Giant Saved, 145 Jobs Rescued

Keystone Brewing Group has been rescued from administration in a £4.5 million deal, saving 145 jobs and merging with Saltaire Brewery to form the Great British Drinks Company.

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