Category : Search result: company collapse


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.

Sixes bar chain collapses, 16 UK venues at risk

Sixes, the cricket-themed bar chain backed by Ben Stokes, has entered administration. Its 16 UK venues, including Birmingham's Mailbox, are at risk as administrators seek a rescue deal.

Dramatic moment abandoned Bradford building collapses

Watch the moment a derelict building on Dale Street, Bradford, collapsed, sending rubble across the road. Emergency services and structural engineers attended the scene. Read the full eyewitness account.

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.

Pound Collapse Warning Ahead of Autumn Budget

Currency traders are betting against Sterling ahead of Chancellor Rachel Reeves' Autumn Budget, raising fears of a potential currency collapse similar to the 2022 crisis.

Cornwall to London flights resume with Skybus

Flights between Cornwall Airport Newquay and London Gatwick have resumed under Skybus. The carrier has taken over the route after Eastern Airways entered administration. Book your flights now.

Hull Manufacturer Folds Following £585k Dispute

Kingston Modular Systems in Hull enters administration, resulting in 62 redundancies after a client withheld £585,000, causing critical cash flow issues. Discover the full story behind the collapse.

Birmingham law firm collapses with job losses

Bell Lax Solicitors in Sutton Coldfield enters administration, resulting in redundancies. Discover the impact on the West Midlands legal sector and the reasons behind the collapse.

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.

Holiday park operator collapses, 11 resorts hit

Cove UK's parent company enters administration, impacting 11 British holiday parks. Administrators are seeking buyers. Guests with bookings advised to contact site managers.

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