Barclays Moves European HQ from Dublin to Paris
Barclays Europe has initiated formal legal processes to relocate its headquarters from Dublin to Paris following a strategic review, affecting over 20 million customers across the continent.
Category : Business
UK Borrowing Hits £140.4bn, Exceeding OBR Forecast
Official figures reveal UK public sector borrowing reached £140.4bn this financial year, exceeding OBR forecasts amid ongoing fiscal challenges for Chancellor Rachel Reeves.
Millions Overpaying Tax on Pensions, Experts Warn
Millions of UK households are paying excessive tax to HMRC by failing to claim pension tax relief, with the self-assessment deadline approaching on January 31.
Nationwide's 30-Month 0% Balance Transfer Card Launch
Nationwide Building Society introduces its longest-ever 30-month interest-free balance transfer credit card offer, extending flexibility for customers managing finances amid cost-of-living pressures.
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Slingsby Gin Maker Enters Administration in Harrogate
Spirit of Harrogate Limited, the company behind the popular Slingsby Gin brand, has collapsed into administration, citing rising costs and difficult trading conditions affecting the hospitality sector.
Ovo Energy to Pay £2.7m Over Discount Delays
Energy firm Ovo will compensate thousands of customers after delays to government-backed warm home discount payments left vulnerable households without support during winter months.
OVO to Pay £400 After Missing Discount Deadline
Energy supplier OVO will compensate thousands of customers with £400 payments after failing to deliver Warm Home Discount rebates on time, with regulator Ofgem calling the delays unacceptable.
Malin + Goetz UK Collapses, All Stores Shut
Major US skincare brand Malin + Goetz closes all UK stores immediately after British arm enters administration, resulting in over 70 job losses across London locations.
Joanie Clothing Shuts Down Permanently
Major UK fashion brand Joanie Clothing has permanently closed, halting all online orders due to adverse trading conditions including Brexit, Covid, and economic uncertainty.
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33 Stores at Risk as Next Buys Russell & Bromley
Next's £3.8m rescue of Russell & Bromley puts 33 stores and 440 jobs at risk. The full list of affected locations across the UK and Ireland has been revealed.
HMRC Swaps Fines for Points System in Tax Trial
HMRC introduces a penalty points system replacing fines for late tax returns, starting with 100 taxpayers in the Making Tax Digital trial this month.
Amazon Earbuds Drop 82% - Shoppers Impressed
Wireless earbuds with premium features like noise cancellation and 10-hour battery life have been reduced from £129.99 to just £22.99 on Amazon, earning high praise from early reviewers.
Asda to Outsource George.com Delivery to DHL
Supermarket chain Asda plans to transfer George clothing brand's online delivery operations to DHL from 2027, potentially affecting 1,200 employees across three UK distribution centres.
Bullring Store at Risk as Russell & Bromley Collapses
A major footwear and handbag retailer with a store in Birmingham's Bullring has collapsed into administration, putting 33 UK stores and hundreds of jobs at risk.
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Coffee, Sugar and Butter Drive UK Food Inflation Higher
UK food inflation hit 4.5% in December, with sugar and confectionery prices soaring 10.2%, contributing to an unexpected rise in overall inflation to 3.4%.
Amazon's £25 Dehumidifier Fights Winter Damp
Shoppers praise the compact Aroeve Dehumidifier, now under £25 on Amazon, for effectively tackling condensation and mould in wardrobes, cupboards, and small rooms.
WRU's £55m Debt Deal with HSBC and Goldman Sachs
The Welsh Rugby Union has refinanced its debt with a new £55m facility from HSBC and Goldman Sachs, replacing previous arrangements with NatWest and the Welsh Government.
State Pension Deferral Can Add £694 Yearly
UK pensioners can increase their State Pension by £694 per year for life by deferring claims, with experts advising careful consideration of Pension Credit eligibility.
Currys Shares Rise as Christmas Sales Beat High Street Gloom
Currys shares surged after reporting 3% UK revenue growth and 12% Nordic sales jump over Christmas, with profit guidance upgraded amid high street struggles.
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Pub Spending Cuts Could Add £173k to UK Pensions
New research shows UK adults spending £375 monthly on socialising, with many regretting costs. Redirecting half could boost retirement savings by £173,000.
Hays Travel in Top Three for UK Customer Satisfaction
Sunderland-based Hays Travel has secured third place in the prestigious UK Customer Satisfaction Index, ranking among nearly 300 organisations and leading the tourism category.
Wetherspoon Profits Hit by Soaring Costs
JD Wetherspoon shares tumble after pub chain warns of lower profits due to soaring energy, wage and business rates costs, with annual expenses set to surge by £94m.
M&S £30 Sleep Beauty Box Worth £142
Marks & Spencer's new Unwind Edit beauty box offers nine premium skincare products from Estée Lauder, NEOM and Emma Hardie to promote relaxation and better sleep.
Next Buys Russell & Bromley Brand in £2.5m Deal
High street giant Next has purchased the Russell & Bromley footwear brand for £2.5m via a pre-pack administration, securing three stores but leaving 33 others at risk.
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Apprentice Star Reveals Lord Sugar's True Nature
Paul Turner, a 2024 Apprentice runner-up, shares insights into Lord Alan Sugar's off-camera personality and why Baroness Karren Brady was more intimidating.
Broadband Alert: Act Before April to Save £203
UK broadband and mobile customers face price hikes up to 13.4% from April. Experts urge households to switch contracts to avoid compounding increases and save £203 annually.
OnPath Energy Sells Wind Farms in £113m ERG Deal
Sunderland-based renewables developer OnPath Energy has completed a £112.9m sale of seven onshore wind farms to European energy producer ERG, marking a strategic shift toward new UK clean energy investments.
Halifax Customers Urged to Update Details for Visa Switch
Millions of Halifax customers are being urged to update their contact information as the bank begins migrating credit cards from Mastercard to Visa, with 10 million cards expected to switch by 2026.
New Academy Trains Veterans for Highways Jobs
The Building Heroes Highways Training Academy officially launches in Oxfordshire, providing service leavers with intensive four-week programmes to gain industry certifications and guaranteed job interviews.
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National Lottery Digital Platforms Offline for 24-Hour Upgrade
National Lottery players across the UK are being alerted to a significant 24-hour digital shutdown this weekend as all online platforms undergo major system improvements.
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