NS&I Compensation Payout for 37,000 Customers Over Missing Savings
National Savings and Investments could pay hundreds of millions in compensation to 37,000 customers, including bereaved families, due to missing savings and service failures.
Category : Business
Burger King Tamworth Opening: 1,000 Free Burgers
Burger King celebrates its new Tamworth restaurant opening by offering 1,000 free Whopper or Chicken Royale burgers on Friday, March 27, with the 100th customer winning a year's supply.
Welsh Government Invests £9m+ in Hirwaun Industrial Estate
The Welsh Government has acquired a 97,300 sq ft industrial unit in Hirwaun for £3.15m and will invest over £6m in upgrades to attract new tenants and support local business expansion.
Amazon Closes UK Warehouse, 500+ Jobs Impacted
Amazon announces closure of its first UK warehouse in Bedfordshire, impacting over 500 positions. A new facility in Northampton will open in May, employing 2,000 people with advanced technology.
Morrisons Easter App Game Offers £1,000 Prize Draw
Morrisons launches a new Mix & Match game in its More app, offering daily rewards and entry into a prize draw for one million points worth £1,000 to 100 winners.
Cornwall Mine Worth $1.5bn After Major Mineral Discovery
A historic Cornish mine's value has skyrocketed to $1.54 billion after new surveys revealed significantly larger deposits of tungsten, tin, copper, and silver, extending its potential lifespan to 29 years.
UK Coffee Brand Ceases Trading After Collapse
Instant Coffee Supplies Ltd has collapsed into liquidation with over £1 million in assets, issuing a winding-up notice and appointing Cullen & Co UK as liquidator, sparking concerns among customers about potential coffee shortages.
Iran Threatens Suez Canal Blockade Over US Strikes
Iran warns it could block the Bab al-Mandab Strait, a key global shipping lane, in retaliation for US military actions. The threat escalates tensions as American forces deploy to the region.
Wetherspoons to Open Two New Airport Pubs in Spain
Wetherspoons announces plans to open two new pubs at Barcelona-El Prat Airport in 2026 and 2027, following the success of its first Spanish location at Alicante Airport.
Iceland Offers Free Same-Day Delivery for New Customers
Iceland Foods announces a promotional free same-day delivery service for new online customers on orders over £40, running from Thursday to Sunday ahead of Easter.
Jaguar Land Rover Halewood Plant Announces Job Cuts
Approximately 30 fixed-term workers at Jaguar Land Rover's Halewood plant in Merseyside will lose their jobs, with Unite union calling it a 'huge blow' amid separate DHL driver strike ballots.
THG Shares Surge on TikTok Shop Growth and Profit Return
Manchester-based THG reports a £54.1m profit for 2025, reversing a £326m loss, fueled by TikTok Shop sales doubling and strong performance from brands like Myprotein.
Travelodge Profits Hit by Rising Costs Despite Growth
Travelodge reports falling earnings due to increased costs from wages, rents, and business rates, even as it expands with 21 new UK hotels. Energy price surges add to economic pressures.
Co-op's £126m Loss After Cyber Attack, CEO Quits
The Co-op has announced a £126m pre-tax loss for the year ending January 2026, attributing £107m directly to a major cyber attack. CEO Shirine Khoury-Haq is departing after seven years, with Kate Allum appointed interim leader as the retailer plans £200m
New HMRC Digital Tax Rules Start April 6 with Urgent Warning
HMRC's Making Tax Digital initiative begins on April 6, requiring landlords and sole traders earning over £50,000 to file quarterly digital tax returns using approved software, with experts warning many are unprepared.
ISA Cuts to Raise £95m from Savers Over Five Years
Chancellor Rachel Reeves' reduction of the Cash ISA allowance from £20,000 to £12,000 is projected to raise £95 million from savers over the next five years, affecting 1.3 million individuals.
Next Profits Jump 15% but Warns Iran War May Push Up Prices
High street retailer Next reports £1.2bn pre-tax profit but faces £15m costs from Middle East conflict, warning prices may rise if disruption continues. The firm announces Yorkshire warehouse expansion.
Flapjackery Opens Permanent Bath Shop on Pulteney Bridge
Devon-based bakery chain Flapjackery is launching a permanent store in Bath on Pulteney Bridge, following a successful pop-up trial. The shop aims to attract local and tourist customers with its wide range of flapjack flavours.
Next Warns of Price Hikes Due to Middle East War Costs
Retail giant Next has issued a warning to UK shoppers about potential price increases as it faces £15 million in extra costs from the US-Iran conflict, impacting fuel and air freight.
HMRC's New Quarterly Tax Rule for High Earners Begins
Sole traders and landlords earning over £50,000 must switch to quarterly digital tax updates from April 2026, replacing the annual Self Assessment with five submissions yearly.
Sefton Coast Summer Season: Permits, Facilities & Safety
The Sefton Coast summer season starts April 1 with Ainsdale beach car park reopening, new parking permits, refurbished toilets, and RNLI lifeguard services. Green Sefton teams transition to protect habitats while welcoming thousands of visitors.
Iceland's £10 Deal Returns to All UK Supermarkets
Iceland has reintroduced its popular 10 for £10 mix and match offer across all UK stores, including Birmingham branches. The promotion covers over 150 big brand products, allowing shoppers to save up to £15.
UK Travel Advice Updated for Greece, Turkey, Cyprus, UAE
The UK Foreign Office has issued updated travel guidance for Greece, Turkey, Cyprus, and the UAE as the Gulf crisis enters its fourth week, impacting holiday destinations with safety warnings and insurance reminders.
15-Month Pension Transfer Delays Force Savers to Give Up
New research reveals one in ten savers abandon pension transfers due to excessive delays of up to 15 months, with industry leaders calling the current system outdated and unfit for purpose.
NS&I to Pay £400m Compensation After Savings Scandal
National Savings and Investments faces a £400 million compensation payout to 37,000 customers following a missing savings scandal, with taxpayers potentially footing the bill.
DWP Launches 80 Youth Hubs for Young Benefit Claimants
The Department for Work and Pensions has unveiled a major initiative with 80 new Youth Hubs across Great Britain, targeting young people aged 16-24 to help them transition from benefits to employment.
M&S Cuts Returns Window to 28 Days Nationwide
Marks & Spencer has reduced its returns period from 35 to 28 days for all purchases, both online and in-store, effective immediately across the UK.
Welsh Financial Services Exports Hit £4.8bn with 14.8% Growth
New research from TheCityUK reveals a significant rise in Welsh financial and professional services exports, reaching £4.8bn in 2023, with Wales showing the fastest growth rate in Britain.
Blackpool Hoteliers Optimistic for 2026 Summer Season
Hoteliers in Blackpool express confidence for the 2026 summer season, citing factors like the Middle East crisis and rising fuel costs driving staycations. The recent StayBlackpool Trade Show highlighted optimism, with new initiatives like the Ultimate Ti
Cornwall Space Centre Aids NASA's Artemis II Moon Mission
Goonhilly Earth Station in Cornwall will provide crucial communications and tracking for NASA's Artemis II, the first crewed moon mission since 1972, showcasing UK space capabilities.
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