No Public Inquiry into Birmingham Council Collapse
Labour leaders block a public inquiry into Birmingham City Council's financial collapse. Critics warn of a lack of accountability and say the party will pay at the ballot box. Read the full story.
Category : Search result: financial collapse
Major UK construction firm Warwick Ward enters administration
Warwick Ward (Machinery) Ltd, a major UK construction equipment supplier, has collapsed into administration after 55 years, making nearly all 89 staff redundant. Read the full story on the economic pressures behind the failure.
TGI Fridays UK files for administration, 49 restaurants at risk
The future of TGI Fridays in the UK is in doubt as its parent company files a notice to appoint administrators for the second time in weeks. See the full list of 49 restaurants affected and what it means for 2,500 staff.
Earthmoving equipment supplier Warwick Ward enters administration
Warwick Ward, a major UK earthmoving equipment supplier, has collapsed into administration, making 89 staff redundant. The firm cited economic pressures and a failed employee buyout. Read the full story.
Shropshire canal breach traps boats in sinkhole
A major incident in Whitchurch after a canal bank collapse creates a 50m sinkhole, trapping three boats. Emergency services respond. No injuries reported.
Major UK machinery firm collapses into administration
Warwick Ward Machinery Ltd, a major UK supplier, has entered administration after 55 years, citing economic pressures on construction. 89 jobs are at risk. Read the full story.
Construction firm Warwick Ward enters administration, 89 jobs lost
Barnsley-based Warwick Ward (Machinery) Ltd has collapsed into administration, making nearly all 89 staff redundant. Economic headwinds and EOT transition debt cited as key factors.
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.
Wealth manager Perspective acquires Prosser Knowles
Chorley-based Perspective Financial Group expands with its 17th acquisition of 2025, adding £400m in assets and 27 staff from Gloucestershire's Prosser Knowles. Discover the strategic growth.
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.
90 Jobs Lost as Major Equipment Supplier Warwick Ward Collapses
Long-established earthmoving firm Warwick Ward enters administration, ceasing operations and making 89 staff redundant. Read the full story on the business collapse.
Laura Woods collapses on live TV during England match
ITV presenter Laura Woods is 'OK' after collapsing live on air. Paramedics cite a virus and dehydration. Read her update and the full story here.
Laura Woods collapses on live TV during England match
ITV presenter Laura Woods reassures fans she is 'OK' after fainting live on air during England vs Ghana coverage. Paramedics suspect a virus. Read the full story.
Versarien considers administration after sale fails
Troubled graphene maker Versarien is considering administration after a crucial £200,000 asset sale collapsed. The Gloucestershire firm has been battling financial crises throughout 2025.
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.
Car insurance firm collapses, 16,000 policies affected
Gibraltar-based Premier Insurance Company Limited has entered administration, voiding coverage for 16,000 UK motorists from December 1. The FSCS assures protection for eligible policyholders.
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.
Blue Islands Airline Collapses, East Midlands Route Axed
Blue Islands airline enters liquidation, cancelling all flights including a new direct route from East Midlands Airport to Guernsey. Passengers advised on next steps.
Blue Islands ceases operations, stranding passengers
Channel Islands carrier Blue Islands suspends all flights, leaving thousands stranded. Second UK regional airline to collapse in three weeks. Find out about refunds and alternative travel options.
UK airline collapses, cutting off Scottish town
Eastern Airways cancels all flights, severing vital air links to the Scottish town of Wick. The fastest route to London is now a 15-hour train journey. Find out more.
Yolk fast food chain collapses, shuts UK restaurants
The 'fine fast food' chain Yolk has entered administration, closing three London sites and accumulating debts of nearly £1.7 million. Discover the full story behind the collapse.
Tomato Energy collapses, customers moved to British Gas
Thousands of Tomato Energy customers are being transferred to British Gas after the supplier's collapse. Credit balances are protected under Ofgem's safety net. Learn what happens next.
Scottish Seafood Companies in Administration
Two major Scottish seafood processors, Kenmore Sea Foods and Falfish Scotland, have collapsed into administration, threatening jobs and shaking the fishing industry despite ongoing buyer interest.
Zog Energy collapses: 24,000 customers affected
Zog Energy becomes latest casualty of energy crisis as 24,000 households face transfer to new supplier amid soaring wholesale prices and cost of living pressures.
Tomato Energy collapses: What customers must do
Another UK energy supplier enters administration, leaving customers protected under Ofgem's safety net. Here's what affected consumers need to know.
Zog Energy collapses affecting 15,300 customers
Zog Energy becomes latest casualty of UK energy crisis as regulator Ofgem scrambles to find new supplier for thousands of households left in limbo.
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