Newcastle-based SkinBioTherapeutics has appointed Rachel Parsonage as interim CEO for six months following the resignation of former CEO Stuart Ashman amid an investigation into financial misrepresentation.
The dramatic fall of Yorks cafe chain leaves investors and staff reeling as debts exceed £750,000. Once hailed among world's best coffee shops, only Stratford branch remains open amid liquidation proceedings.
Car Station Suffolk Ltd, a small independent second-hand car dealership, has entered liquidation with no assets, leaving 17 creditors unlikely to recover over £50,000 owed.
Architectural Panel Solutions Limited, a specialist in façade and cladding systems, has collapsed into administration. This follows the recent administration of another construction firm, EJ Taylor and Sons, amid financial struggles in the sector.
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Toymaker Hornby has sold the iconic Scalextric slot car racing brand to family-run investment firm Purbeck Capital Partners for £20 million, aiming to reduce debt and focus on other brands.
International Airlines Group, parent of British Airways, announces a 17.3% rise in operating profit to £4.4bn for 2025, with strong margins and growth across its airlines.
Car Station Suffolk Ltd, a small independent dealership, has entered liquidation with no assets, leaving 17 creditors unlikely to recover over £50,000 owed.
The family-run Miles Tool & Machinery Centre in Yeovil has appointed joint administrators, citing over £1 million in short-term debt. Customers report abandoned premises and unfulfilled orders.
Global advertising giant WPP reveals a strategic overhaul targeting £500 million in annual savings by 2028, involving job cuts and consolidation into four core units to address 'excessive organisational complexity'.
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MTE Heat Treatment, a West Yorkshire-based industrial metal treatment specialist, has collapsed into administration, affecting 38 employees. Joint administrators have been appointed as the company ceases operations.
Rolls-Royce announces a massive £7bn to £9bn share buyback program through 2028, following a 40% profit jump and upgraded financial targets, marking a strong recovery.
Power giant Drax reveals operating profits fell from £850m to £241m in 2025, with 350 job cuts announced. The firm cites impairments and market challenges but highlights record renewable power generation.
Guinness owner Diageo reduces dividend to 20 cents as new CEO Dave Lewis implements aggressive cost-cutting measures, with sales declining and share price falling sharply.
Luxury car manufacturer Aston Martin Lagonda announces plans to slash up to 20% of its global workforce, impacting nearly 600 positions, as part of a £40 million cost-saving initiative following significant pre-tax losses.
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Euroview Architectural Glass Ltd has been purchased out of administration by competitor ESG Group Ltd in a pre-pack deal, following a significant revenue decline and solvency challenges.
Britain sees a 'transformational' change in gender diversity, with women now holding 43% of board positions across FTSE 350 firms, up from 9.5% in 2011. However, more work is needed at executive levels.
Andrew Rhodes, chief executive of the Gambling Commission, is stepping down after nearly five years. The Welshman from Neath will take a private sector role, with his departure set for late April.
Smiths News shares drop as UK Pensions Regulator considers financial support direction for underfunded Tuffnells pension scheme, potentially requiring up to £3.5m.
Birmingham-based ATS Euromaster confirms plans to cease UK trading, closing 86 service centres and risking 703 jobs, with 49 sites to be sold to rivals.
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ATS Euromaster, a major UK car servicing company, is winding down operations, putting over 700 jobs at risk. The firm has closed 86 garages and is selling parts of its network to preserve some roles.
Telecoms giant Virgin Media O2 reveals it lost nearly 400,000 mobile customers in 2025 and predicts underlying earnings will fall 3-5% in 2026 due to challenging market conditions and price increases.
Gilks, a long-established electrical and mechanical services company based in Nantwich, has collapsed into administration, resulting in over 100 job losses. Administrators cite financial pressures and sector-wide challenges as key factors.
Major UK chocolate maker Marasu's Petit Fours has filed for administration after four decades in business, with climate change impacting cocoa prices and threatening the industry.
Cross-party MPs are demanding explanations from Royal Mail over delivery delays affecting 107 postcodes across the UK, citing concerns about service quality and alleged 'batching' practices.
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Bristol-based cybersecurity firm Stripe OLT has been acquired by IT company Littlefish Group in an undisclosed deal, forming a combined workforce of approximately 900 employees across the UK.
The European Commission has opened a formal investigation into Shein for suspected breaches of EU law, including the sale of childlike sex dolls and weapons, as well as concerns about addictive design and opaque recommender systems.
Major UK craft brewery Overtone Beer has entered liquidation, meaning its popular IPAs and stouts will be pulled from Aldi and Asda supermarket shelves across the country.
Rococo Chocolates, a luxury brand trading for over 40 years, has been acquired by Artisan du Chocolat, a premium chocolate maker famously loved by Gordon Ramsay.
BrewDog has started a formal sale process following five consecutive years of losses, with AlixPartners managing the competitive bidding. The move comes after the closure of its distillery and several bars across the UK.
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Sarah Ferguson has filed to dissolve five of her businesses, including Fergie's Farm and Planet Partners Production, following renewed scrutiny from the Epstein files. The companies were tied to her brand ambassador work and lifestyle ventures.
