Category : Search result: business losses


Starmer's future at risk in 2026 election losses

Polling expert Lord Hayward warns Labour faces heavy losses across England, Scotland, and Wales on May 7, 2026, potentially jeopardising Keir Starmer's leadership. Read the analysis.

North East's Best Companies 2025 Announced

Discover the standout North East businesses of 2025, from tech triumphs to green energy leaders, driving regional economic growth. Read the full list now.

TGI Fridays UK closures put 500 jobs at risk

TGI Fridays enters administration, closing 49 UK restaurants. 500 staff face redundancy due to 'insurmountable' economic pressures. Read the full story and list of closures.

Small Business Owners' Cautious 2026 Outlook

UK small business owners express cautious optimism for 2026 but warn of a 'serious reality check' for the wider economy. Experts cite inflation, rates, and AI risks.

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.

Swansea University confirms further job losses

Swansea University opens new voluntary exit schemes for staff as it seeks £25m in savings, with compulsory redundancies not ruled out. The UCU warns of potential industrial action.

Birmingham IT firm EBS grows with nine new hires

Birmingham's Electronic Business Systems (EBS) celebrates growth with nine new appointments and is recruiting for three more roles, supporting West Midlands SMEs. Discover their expansion plans.

Birmingham EV firm Petalite cuts jobs, seeks buyer

Birmingham-based electric vehicle charging manufacturer Petalite enters administration, leading to job losses. Administrators seek a buyer for its proprietary technology. Read the latest.

£31m MBO for North East's Noted Aromas

Investment groups NVM and eComplete back a £31m management buyout of Durham-based scent company Noted Aromas, marking a major step for the direct-to-consumer brand's international expansion plans.

Aspire Tech secures investment, valued at £200m

North East IT firm Aspire Technology Solutions secures fresh investment, valuing the business at around £200m. Funding from LDC and Federated Hermes to fuel expansion and a £100m revenue target by 2030.

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