Admiral Buys Fleet Insurer Flock in £80m Deal
Cardiff-based Admiral Group has acquired London fintech Flock for £80 million, expanding its commercial fleet insurance capabilities with AI-driven technology.
Category : Business
Nestle's New Easter 2026 Chocolate Range Revealed
Nestle has launched eight new Easter products for 2026, featuring innovative KitKat eggs and sharing bags. The lineup includes crunchy and marbled chocolate eggs, limited-edition sweets, and classic favorites.
40 Jobs at Risk at Yorkshire Verallia Glass Plants
The GMB Union has confirmed 40 positions at Verallia's Knottingley and Leeds sites are under redundancy threat, blaming the Government's Glass Packaging Tax and rising costs for putting the UK glass manufacturing sector at risk.
Houstons Footwear Collapses, Blames Brexit and Covid
Houstons Footwear, a UK brand operating for over five decades, has entered administration due to a challenging trading environment, citing Brexit and Covid impacts. The Strand Road store in Londonderry will close within weeks.
WH Smith HQ Demolished After Selling 500 Stores
WH Smith is demolishing its headquarters in Swindon following the sale of 500 stores to Modella Capital, with plans to build 217 new homes on the site as the company shifts focus to its travel business.
Workers Lose Up to £3,462 Yearly in Holiday Pay
Over 20% of UK employees fail to use all annual leave, with many losing thousands in pay, according to Timetastic's 2026 report on workplace culture.
Nationwide Cuts Mortgage Rates for Birmingham Customers
Nationwide Building Society announces significant mortgage rate reductions of up to 0.16 percentage points for both new and existing customers across Birmingham branches, effective from Friday.
Dr Martens Expands in Bullring as New Shop Boards Appear
Boards have gone up at the Bullring in Birmingham revealing Dr Martens is opening a new store, while other brands like Kate Spade depart and new arrivals like Lululemon are confirmed.
Nissan CEO: Turnaround on Track Despite Continued Losses
Nissan's CEO Ivan Espinosa states the company's major restructuring is showing progress, with reduced forecasted losses and significant cost savings identified through the 'Re:Nissan' program.
Military Sent to Jobcentres in Benefits Shake-Up
Military staff will mentor young job seekers at DWP Jobcentres as part of a Labour government initiative to transition people from benefits to Armed Forces careers.
Anglesey Freeport Project Gets £3.48m Growth Deal Backing
A major employment scheme at Anglesey Freeport has secured £3.48m from the North Wales Growth Deal. The £19.1m Freeport Gateway project will create 72,000 sq ft of new space, supporting 233 jobs and generating £65.4m in economic impact by 2036.
Myprotein and Greencore Launch Protein Food Range in UK
Sports nutrition brand Myprotein has signed a licensing partnership with food manufacturer Greencore to introduce a fresh on-the-go protein food range in Sainsbury's and convenience stores, expanding its offline retail presence.
New Lidl Opens in Kingstanding, Birmingham, Attracts Crowds
Shoppers braved cold weather to attend the opening of a new Lidl supermarket at Kingstanding Circle in Birmingham, which has transformed a fire-damaged site and created jobs.
Pensions Beat ISAs by £7,400 Despite Tax Changes
A new analysis reveals Brits earn £7,400 more from pensions than ISAs on average, even as inheritance tax reforms loom. Over 21 million adults use ISAs for tax efficiency.
State Pension Error: £40 Weekly Loss for Retiree, 800,000 at Risk
A significant HMRC system error has led to overestimated state pension forecasts, impacting one retiree by £40 weekly and potentially affecting 800,000 more individuals.
TCP Circular Revives 100+ Job Recycling Plant in Sunderland
TCP Circular is advancing plans for a major plastics recycling facility at Port of Sunderland, promising over 100 jobs and using pyrolysis technology to process 100,000 tonnes of waste annually by 2028.
UK Bank Closures 2026: Switch Urged as Branches Shut
Major UK banks including Lloyds and Santander are closing hundreds of branches in 2026, prompting experts to advise customers to consider switching accounts for better access and incentives.
Shoe Zone Shuts Salisbury Store, Blames Government Taxes
Shoe Zone, a major UK shoe retailer with over 260 stores, is closing its Salisbury branch, citing Labour government tax hikes and economic pressures. Black and yellow closing signs are now displayed.
ISA Warning: Savers Could Miss Out on Over £40,000
Millions of UK ISA users may be losing substantial long-term savings due to a widespread misconception about investment accounts, with experts highlighting a £42,000 potential gap over 20 years.
Martin Lewis: Married Couples Can Save Tax on £11,500
Finance expert Martin Lewis advises married couples and civil partners to transfer funds legally to maximize tax-free allowances, potentially saving hundreds on savings interest.
Swindon MINI Factory Partners with US Logistics Giant GXO
BMW Group has appointed US-based logistics leader GXO to manage warehouse operations at its Swindon MINI factory, aiming to boost efficiency and resilience in the supply chain for key vehicle components.
Schroders Agrees £9.9bn Takeover by US Rival Nuveen
British asset manager Schroders has agreed to a £9.9bn takeover by American investment firm Nuveen, ending over two centuries of independence for the UK's largest standalone asset manager. The deal creates a global giant with nearly £1.8 trillion in asset
Claim Forgotten £2,200 Child Trust Funds, HMRC Urges
HMRC urges 758,000 young adults to claim matured Child Trust Funds averaging £2,242 during National Apprenticeship Week, using free online tools to locate savings.
Singapore Tech Firm LogChain Moves to Liverpool
Global tech company LogChain is moving its headquarters from Singapore to Liverpool, investing £4 million and creating jobs, as part of a wave of international firms choosing the city.
GAME Retail Chain Faces Administration Again Amid Store Closures
The UK gaming retailer GAME has filed for administration for the second time in weeks, coinciding with plans to close all standalone stores, including the Merry Hill branch, amid ongoing financial struggles.
Morrisons Revives Paper Coupons in Loyalty Scheme Overhaul
Morrisons supermarkets, including those in Birmingham, are reintroducing physical coupons as part of a major loyalty scheme transformation, using AI-powered technology to personalize offers at checkout.
Universal Credit Health Element Cut for New Claimants (12.02.2026)
New Universal Credit claimants on health grounds will receive lower monthly payments from April, as part of welfare reforms aimed at reducing 'perverse incentives' and boosting employment support.
DWP Can Seize Cash from Six Bank Account Types in Crackdown
The Department for Work and Pensions has been granted significant legal authority to inspect and seize funds from six types of bank accounts as part of a benefits fraud crackdown under new legislation.
Spanish Fashion Brand Lefties to Open First UK Stores
Spanish clothing retailer Lefties, known as a budget-friendly alternative to Zara, will launch its first UK stores in Liverpool and Essex in 2026, with potential expansions to Kent and London.
BMW Recalls 575,000 Cars Due to Potential Fire Hazard
BMW has initiated a worldwide safety recall affecting 575,000 vehicles across 11 models due to a starter motor defect that could lead to overheating and fire.
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