Welsh Business Confidence Tops UK Average for 2026
Nearly 90% of Welsh business owners express optimism about growth this year, driven by demand, tech investment, and diversification plans, outpacing UK confidence levels.
Category : Business
Quiz Fashion Chain Collapses Into Administration, Birmingham Stores Hit
Quiz, a major UK fashion retailer with Birmingham branches, has entered administration, resulting in over 100 job losses and clearance sales across its 40 stores. The company is unable to honor gift cards and credit notes.
Glynn Purnell's The Mount Pub to Close in March
The Mount by Glynn Purnell in Henley in Arden will shut on March 15 due to rising costs. Voucher holders can redeem them, and staff and suppliers will be taken care of.
Pension Savers Warned Over Major NIC Change Impact
Millions of pension savers face potential wage squeezes and reduced benefits as a major National Insurance change looms, affecting salary sacrifice arrangements from 2029.
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ISA Mistake Stops Brits Maximising Allowances, Experts Warn
Financial experts caution that a widespread misunderstanding about ISA rules is causing many Brits to miss out on maximizing their annual savings allowances, with Lifetime ISAs highlighted as a key option for first-time home buyers.
Ecology Building Society Opens First Branch in Porth
Ecology Building Society launches its inaugural high street branch in Porth, Wales, creating jobs and offering banking services to a community abandoned by major banks.
West Midlands Zoo Embraces Muddy Fun Amid Rain
Hoo Zoo and Dinosaur World in Telford launches 'The Great Hoo Zoo Mudventure' during half-term, celebrating muddy habitats with animal talks and family activities.
Sainsbury's Rule Change Results in £50 Fines for Pensioners
An 80-year-old woman from the south coast has spoken out after receiving a £50 fine due to a Sainsbury's car park validation system change, highlighting concerns over inadequate signage and communication.
Leon Fast Food Chain Collapses, 11 Restaurants Shut
Leon, the UK natural fast food chain, has entered administration, closing 11 restaurants and cutting 244 jobs. Co-founder cites unsustainable taxes and straying from core values as key factors in the collapse.
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UK First-Time Buyers Hit with £5,000+ Stamp Duty Bills
New data reveals nearly 37,000 first-time buyers paid stamp duty in 2024/25, with over 13,500 facing bills of £5,000 or more. Experts warn rising house prices will increase tax burdens further.
Lloyds Announces 95 More UK Branch Closures
Lloyds Banking Group plans to shut 95 additional branches, with over 230 closures scheduled for 2026-2027. The shift towards banking hubs continues as communities adapt to digital banking trends.
11 UK Towns With Most Bank Branch Closures in 2026
Over 240 bank branch closures are scheduled across the UK for 2026-2027, with 11 towns identified as the worst hotspots. Lloyds, Santander, and NatWest lead the shutdowns.
Victoria's Secret Bullring Return Date Announced with Gifts
Victoria's Secret confirms March 6 opening at Birmingham's Bullring in former Next unit, featuring launch celebrations with free gifts, DJ sets, and surprise performances for shoppers.
Glynn Purnell's Pub The Mount Closes Due to Financial Strain
Glynn Purnell's pub, The Mount in Henley-in-Arden, will shut on March 15, 2026, citing unsustainable running costs. Customers must redeem vouchers by then, with staff supported through the closure.
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UK House Prices Dip £12 in February After January Surge
Average asking prices fell slightly to £368,019 in February, following a near £10,000 jump in January, as sellers adopt a cautious approach in a competitive market.
HMRC's Digital Tax Change for Self-Employed and Landlords
From April 6, self-employed individuals and landlords earning over £50,000 must use authorised software for digital record-keeping and quarterly updates to HMRC, sparking concerns about awareness and disruption.
Amazon Cuts Electric Standing Desk to £50 with 54% Off
A Devoko electric standing desk with memory presets and white finish has dropped to just £50.57 on Amazon, offering an affordable home office upgrade with health benefits.
Bullring Claire's Store Closing After 23 Years
Claire's Accessories in Birmingham's Bullring is shutting down after 23 years, part of wider closures affecting over 2,500 jobs across the UK and Ireland.
Greene King Job Cuts and Expansion Plans in Birmingham
Greene King is considering cutting around 100 jobs in a second restructure in two years, while simultaneously planning to open 30 new franchise pubs across the UK, including expansion into Wales.
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Nationwide Pays £175 Switch Bonus to 41,000 Customers
Nationwide Building Society has paid £175 switching bonuses to 41,000 customers in the last quarter of 2025, with Birmingham branches seeing significant gains. The Current Account Switch Service reports record activity as consumers seek better banking opt
Pensioners Warned of Tax Bills from Bad Advice
HMRC warns pension savers that schemes promising tax relief or extra income may be tax avoidance, leading to unauthorised payment charges of up to 55% plus penalties.
Bullring's Claire's Accessories to Close After 23 Years
Claire's Accessories, an original Bullring shop from 2003, announces closure with a 'closing down' sale, following AllSaints' shutdown, as retail changes sweep Birmingham.
Devon Tungsten Mine on Track for 2026 Production
Tungsten West has signed two major supply agreements for its Hemerdon mine near Plymouth, putting it on schedule to start production in 2026 and potentially supply 20% of global tungsten outside China.
Homebuyers Warned: Paperwork Mistake Could Cost £10,000
Mortgage expert reveals how oversharing financial details with estate agents can lead to higher purchase prices. Strategic paperwork management could save thousands.
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Savings Rates Fall as Product Choices Hit Record High
UK savers face falling interest rates across easy access and fixed accounts, even as the number of savings products reaches a record high, according to the latest Moneyfacts report.
Pensioners Urged to Review Banks Amid Branch Closures
With over 2,200 bank branches closed since 2022, pensioners are advised to consider switching banks for better access and financial incentives.
Leon Restaurant Chain Collapses, 22 Branches Closed
The UK high street food chain Leon has entered administration, resulting in the closure of 22 branches and the loss of hundreds of jobs across the country, including in Birmingham.
PlayStation Compensation: Up to £162 for Digital Purchases
UK PlayStation customers who bought digital games or add-ons between 2016 and 2026 could be owed compensation up to £162 due to alleged excessive pricing, with a trial set for March.
Smart Meter Compensation Rules Start Next Monday
Households in England will be eligible for £40 automatic compensation under three new smart meter rules from next Monday, including delays and unresolved issues.
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Santander Slashes Mortgage Rates for First-Time Buyers
Santander has announced significant reductions in fixed mortgage rates for first-time buyers, with cuts of up to 0.32%, while adjusting other products as swap rates fall.
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