Category : Search result: business restructuring


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.

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.

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.

Poundland confirms 14 new store closures

Discount retailer Poundland is shutting 14 more shops by February, with clearance sales now on. This follows 19 earlier closures as part of a major restructuring. Read the full list of locations.

Poundland Closing 68 Stores, 1,000 Jobs Impacted

Discount retailer Poundland announces 68 store closures across December and early 2026, affecting around 1,000 staff. Full list of locations and reasons behind the restructuring revealed.

£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.

Leon warns of closures after £8 million loss

Fast food chain Leon faces potential site closures following an £8 million pre-tax loss. Founder John Vincent outlines a major overhaul to return to its core values and become 'Earth's favourite fast food'.

Five Poundland Stores to Close in December

Poundland is closing five more shops across the UK this month, launching 'everything must go' sales. Find out the full list of locations and closing dates here.

Cornwall's oldest fishing business acquired

Falkland Islands-based Fortuna Ltd acquires Ocean Fish Group, Cornwall's oldest fishing business, aiming for £100m turnover by 2030 through global expansion.

Talentheads Founder Sam Spoors on Business & Recruitment

Sam Spoors, founder of Morpeth-based Talentheads, shares her journey from corporate recruitment to building a 10-strong team. Discover her insights on sector evolution, work-life balance, and why the North East business community is second to none.

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