Businessman Banned for Transferring Millions Abroad
A Leicestershire businessman has been disqualified as a director for seven years after transferring €4.8 million to Montenegro while his company owed over £32 million to HMRC.
Category : Corporate News
Sidemen Launch Production Firm After Bullring Shop Closes
YouTube sensations The Sidemen announce Sidemen Productions, a new creator-led company, following the closure of their Bullring store, with Inside UK returning for Series Three.
Hargreaves CEO Steps Down After 20 Years Amid Strong Results
Gordon Banham will step down as CEO of Hargreaves Services in July, following over two decades of leadership. The announcement coincides with robust half-year results, showing significant revenue and profit growth driven by clean energy and environmental
Brabners Law Firm to Launch London Office After Record Year
North West law firm Brabners reveals plans to open a City of London office after reporting record revenues and profits, with key partner hires supporting national growth ambitions.
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UK Bar Chain Collapses: 21 Venues Shut, 2,200 Jobs at Risk
Revel Collective, owner of Revolution, Revolución de Cuba and Peach Pubs, enters administration with 21 immediate closures and 2,200 jobs under threat across the UK.
LSL Property Services Grows Revenue and Profit in 2025
Newcastle-based LSL Property Services announces 6% revenue growth and 15% profit increase for 2025, with strong start to 2026 and new acquisition.
Barbour Sees Revenue and Profit Rise, Boosts Charity Donations
South Shields-based outdoor clothing specialist Barbour announces 9% revenue growth to £350.8m and increased operating profit, alongside multi-million pound charitable donations in the North East.
Revel Collective Files for Administration as Sale Talks Continue
The Revel Collective, operator of Revolution bars, Revolucion de Cuba and Peach Pubs, has filed a notice to appoint administrators while continuing advanced sale discussions to protect creditors.
Dubai Legal Pioneer Aims for Global Leadership
Mohammad Al Najjar, a UK-educated UAE lawyer, is positioning his Dubai firm as an international legal leader through cross-border expertise and academic rigour.
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UK Brewery Giant Keystone Saved from Administration
Major UK brewery Keystone, producer of three top British beers, has been acquired by the Great British Drinks Company for £6.5 million, securing 145 jobs and preserving all brewery sites.
Cundall Marks 50th Year with Revenue and Profit Growth
Newcastle engineering consultancy Cundall reports increased turnover and operating profits in its 50th year, alongside global expansion and a move to new headquarters at Bank House.
Ubisoft Cuts 3,000 Jobs, Cancels Six Games
Major gaming firm Ubisoft announces massive restructuring with 3,000 job losses, six game cancellations including Prince of Persia remake, and studio closures in Sweden and Canada.
Domino's Heat Boots: Pizza Insulation for Winter Feet
Domino's unveils 'Heat Boots' made from pizza delivery bag insulation to keep feet warm in freezing UK weather, blending style with practicality and quirky features.
19 UK Firms Collapse, 5,400+ Jobs at Risk
The UK faces a significant wave of business collapses in early 2026, with 19 companies entering administration, putting over 5,400 jobs at risk across retail, construction, and services.
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Babcock CEO to Retire After Share Price Surge
David Lockwood, CEO of defence contractor Babcock, will retire at year-end after a five-year tenure that saw the company's share price increase sixfold. He will be succeeded by Harry Holt.
Young's Targets FTSE 250 with Main Market Switch
Wandsworth-based pub operator Young's announces plans to leave London's AIM market for the main exchange, targeting FTSE 250 entry with its £450m valuation.
Future Plc Buys SheerLuxe in £40m Deal
Bath-based media giant Future Plc has acquired digital fashion and lifestyle brand SheerLuxe for £40 million, aiming to diversify its audience and enhance content monetisation strategies.
Slingsby Gin Maker Enters Administration in Harrogate
Spirit of Harrogate Limited, the company behind the popular Slingsby Gin brand, has collapsed into administration, citing rising costs and difficult trading conditions affecting the hospitality sector.
Wetherspoon Profits Hit by Soaring Costs
JD Wetherspoon shares tumble after pub chain warns of lower profits due to soaring energy, wage and business rates costs, with annual expenses set to surge by £94m.
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Apprentice Star Reveals Lord Sugar's True Nature
Paul Turner, a 2024 Apprentice runner-up, shares insights into Lord Alan Sugar's off-camera personality and why Baroness Karren Brady was more intimidating.
Family Construction Firm Collapses After 35 Years
Cheshire East Scaffolding Ltd, a family-run construction company operating since 1989, has entered administration, with administrators appointed at the High Court. The firm served the North West and North Wales for over three decades.
Labour's 'Wedding Tax' Warning for UK Households
UK wedding venues face a 78% business rates hike over three years under Labour, with couples already battling 24% cost increases and industry leaders warning of a stealth tax.
Spirit of Harrogate Enters Administration
Spirit of Harrogate Limited, the beloved retailer behind the Slingsby Gin brand, has collapsed into administration due to rising costs and difficult trading conditions.
Major UK Furniture Firm Collapses, 124 Jobs Lost
Moores Furniture Group, a major UK kitchen supplier founded in 1947, has collapsed into administration. Over 100 staff made redundant as challenging market conditions take their toll. Read the full story.
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National Lottery website and app offline for 24 hours
The National Lottery's website and apps will be unavailable for 24 hours from Saturday night for essential upgrades. Find out how this affects ticket sales and what new player safety features are coming.
Stuart Rose steps down as EG Group chair ahead of NY listing
Retail veteran Stuart Rose has been replaced as EG Group chair by US executive Roland Smith, signalling a major shift as the forecourt giant prepares for a $9bn New York flotation. Read the full story.
Lux Family Law expands into London's Mayfair
Cardiff-based Lux Family Law opens a new London office in Mayfair as part of its ambitious growth strategy, aiming for £5m revenues by 2028. Discover their unique client support model.
UK Construction Firm Collapses, 400 Jobs at Risk
Caldwell Construction Ltd has entered administration after 19 years of trading, putting over 400 jobs in jeopardy. The Stoke-based firm worked with major housebuilders like Vistry Group.
WH Smith names former Balfour Beatty boss as new chair
Retailer WH Smith appoints Leo Quinn, former Balfour Beatty CEO, as its new chair. The move follows an accounting error in its US business and a leadership transition. Read the full details.
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North East Appointments: Graduate Intake & Key Hires
Banks Group welcomes six new graduates, while B Local North East, True North, Metropolitan House, and Nova Pangaea Technologies announce key appointments. Discover the latest business moves shaping the region.
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