Category : Search result: company restructuring


Autistic man dies in Tenerife after carer dispute

Jamie Cole, 25, died after falling from a hotel balcony. A coroner found his carer's responses 'inappropriate' but ruled no gross failures. Read his mother's heartbreaking statement.

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.

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.

Butlin's returns to profit with £28.3m in 2024

Butlin's holiday resorts bounce back from a £74.2m loss to a £28.3m pre-tax profit in 2024. CEO Jon Hendry Pickup outlines investment plans ahead of the brand's 90th anniversary.

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.

Wootzano founder's urgent fight to save company

Atif Syed appeals for funds to save Wootzano from winding up petition. The robotics firm has £570m in contracts and global clients. Support the fight to save British innovation.

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