Shares in STV Group plummeted to a twelve year low after the Scottish media company warned that revenue and adjusted operating profit for the year would be significantly below market
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Almost 50000 British companies are teetering on the edge as higher taxes and global economic instability intensify pressure across the economy Begbies Traynor’s latest Red Flag Alert report shows the
River Island, the high street retailer founded by the Lewis family in 1948 as Chelsea Girl, is set to implement sweeping rent cuts and close a number of stores amid
Brewdog has announced the closure of ten of its bars across the United Kingdom, including its flagship location in Aberdeen. The company, renowned for its craft beers, cited commercial viability
An online jewellery brand championed by television personalities Stacey Solomon and Olivia Attwood is preparing to open its first physical shops in Britain as it puts US expansion on hold
Concerns are mounting within the European Union over the safety and compliance of products sold by online Chinese retail giants Shein and Temu. Michael McGrath, the EU justice commissioner, has
The Chancellor, Rachel Reeves, is facing fresh pressure from industry leaders as forecasts indicate a planned business rates increase for large retailers could drive food prices even higher in the
Funding Circle, the London-listed small business lender, has buoyed investor confidence with its latest results, showcasing a notable turnaround in its financial performance. The company reported a 21 per cent
The City’s fixation on short-term profits is misguided, according to Ocado Group’s chief executive, Tim Steiner. The grocery and technology group’s head has urged investors to adopt a longer-term perspective
Proposed changes to statutory sick pay in the UK could create financial benefits of up to £2 billion for businesses, according to new analysis from the Trades Union Congress (TUC).
CityFibre, Britain’s largest alternative full-fibre broadband network, has announced it has secured £2.3 billion in fresh funding as it seeks to both expand its network and acquire smaller rivals amidst
Ministers are set to examine a major shift in the ownership of the Post Office as part of the first significant review of the organisation in 15 years. This move
The chief executive of Greene King, Nick Mackenzie, has called for an urgent reform of the UK’s business rates system, describing it as an unfair burden on the pub industry.
British town and city centres require up to £5bn in investment to address the growing crisis of empty shops, with several regions experiencing vacancy rates double that of London, according
The transport division of the Prax Group’s £10 billion energy empire has collapsed into administration, marking another significant blow for the British husband-and-wife entrepreneurs’ business venture. Axis Logistics, responsible for
Private equity firms are grappling with a mounting challenge as they collectively hold onto approximately £3.6 trillion worth of unsold companies, according to recent findings from management consultancy Bain &