Ocado Shares Dive 10% on Canadian Warehouse Closure
Ocado shares fell sharply after Sobeys announced closure of a robotic warehouse in Calgary, citing slower-than-expected e-commerce growth in Alberta.
Category : Business
Lloyds Announces £1.8bn Buyback as Profits Soar
Lloyds Banking Group reveals a £1.8bn share buyback programme after pre-tax profits jumped 12% to £6.7bn in 2025, exceeding forecasts and boosting shareholder returns.
Rat Damage Forces UK Broadband Provider Into Administration
A major UK broadband provider has been forced into administration after hungry rats chewed through fibre cables, with repair costs scuppering a potential rescue deal.
Cape Verde: 24C Winter Sun with Direct Birmingham Flights
Discover Cape Verde, the emerging archipelago offering 24C temperatures in February, warmer than Tenerife, with direct flights from Birmingham via TUI and easyJet.
Gold Crest Holidays Collapses After 30 Years
Gold Crest Holidays Ltd, trading as Advent and Overseas Dream Weddings, has entered voluntary liquidation, cancelling all future trips. The family-run firm cited pandemic fallout and rising costs.
EasyJet Winter Losses Widen to £93m in Q1
Budget airline easyJet reports £93m quarterly loss, a 52% increase, driven by investments in new Italian bases at Milan Linate and Rome Fiumicino airports.
ITM Power Sees Revenue Growth and Narrowed Losses
Sheffield-based hydrogen technology firm ITM Power announces its strongest six-month revenue performance to date, with losses narrowing significantly as order backlog builds.
Lifetime ISA Shake-Up Risks Leaving Savers 'Out in the Cold'
The Labour government's planned Lifetime ISA changes from April 2028 could disadvantage freelancers, carers, and gig economy workers who rely on it for retirement savings.
Russell Hobbs Radiator Half Price on Amazon
A compact Russell Hobbs oil-filled radiator is currently half price on Amazon, offering an affordable and efficient way to heat small rooms up to 15 square metres.
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UK Bank: Earn £10,000 Interest for Businesses
Allica Bank, a fast-growing UK challenger bank, reveals its Business Rewards Account could yield up to £10,000 in annual interest for firms holding larger balances, plus cashback on spending.
Russell & Bromley Administration: Stores Open Until May
Iconic UK shoe retailer Russell & Bromley collapses into administration but will keep 33 stores trading until May 2026, with Next acquiring the brand in a £2.5m deal.
Santander TSB Takeover: 175 Branches at Risk
Santander's planned £2.6bn acquisition of TSB could lead to the closure of 175 branches and put hundreds of jobs at risk, as the bank shifts focus to digital services.
UK Car Production Falls 15% After JLR Cyber Attack
UK vehicle manufacturing dropped by 15% in 2025, with 717,371 cars and 47,344 commercial vehicles produced. The sector faced a cyber attack on JLR, new tariffs, and restructuring challenges.
HMRC Pays £3,388 to 13,000+ Pensioners
HMRC has refunded £46 million to pensioners who overpaid tax on flexible pension withdrawals in Q4 2025, with over 13,000 individuals receiving an average of £3,388 each.
Santander to Shut 44 Branches, 291 Jobs at Risk
Santander reveals plans to close 44 UK bank branches, putting 291 jobs at risk, as digital banking adoption reshapes its physical network strategy.
Travelodge Warns of 'Challenging' Conditions After Policy
Travelodge has issued a stark warning about increasingly difficult trading conditions following recent government decisions, with business rates set to rise significantly and broader hospitality sector concerns growing.
Duckyls Farm Recruits Care Farm Instructor
Diagrama Foundation is recruiting a permanent care farm instructor at Duckyls Farm near East Grinstead, blending farming, animal care and support for adults with learning disabilities.
Santander Closes 44 UK Branches, 5 in West Midlands
Santander announces 44 UK bank closures, affecting five West Midlands branches, due to digital banking shift, putting 291 jobs at risk and reducing network to 305 locations.
Co-op Sorry for 'Unusual Activity' Email Error
Supermarket chain Co-op faces customer backlash after sending marketing email with subject line suggesting security breach, months after cyber attack.
HMRC Warns 3.3 Million Over Tax Return Deadline
HMRC urges millions to file tax returns before January 31 deadline to avoid immediate £100 penalty and escalating daily charges up to £900.
Best Neapolitan & New York Pizza in Birmingham 2026
Discover Birmingham's finest Neapolitan and New York-style pizzerias for 2026, featuring authentic flavours, unique offerings, and must-try spots across the city.
Tesco Queue Rule Divides Shoppers Over Checkout Etiquette
A Tesco customer's question about letting shoppers with fewer items go first at checkouts has ignited a heated debate over supermarket queue etiquette and unspoken rules.
IHT Pension Deadline Crisis for UK Households
A Lords committee warns the six-month deadline for paying inheritance tax on pensions is unrealistic, urging extension to 12 months to prevent financial hardship for estate executors.
ONS Revamps UK Inflation with Scanner Data
The Office for National Statistics will transform UK inflation measurement by incorporating over a billion supermarket scanner records, replacing manual collection for greater accuracy.
EasyJet Banned Over 'Misleading' Baggage Charge Claims
The Advertising Standards Authority has banned EasyJet from using specific 'from £5.99' wording after a Which? challenge found it misleading consumers about cabin bag costs.
Smiths News Announces Final Dividend for 2025
Historic Swindon-based newspaper distributor Smiths News confirms full-year results in line with expectations and declares final dividend for shareholders.
Sainsbury's £13.23 National Pay Rise from March 2026
Sainsbury's reveals a 5% pay increase for hourly-paid colleagues, raising national rates to £13.23 and London rates to £14.54 from March 2026, with full-time staff gaining over £1,200 annually.
Luxury Spa Stay at Ye Olde Bell Hotel in Retford
Discover how a dog-friendly spa break at Ye Olde Bell Hotel & Spa in Retford offers the perfect winter retreat, featuring unique wellness facilities and gourmet dining.
Santander to Close 44 UK Branches
Santander is closing 44 branches across the UK, affecting 291 jobs, due to a significant shift towards online banking and changing customer behaviour.
37,000 Customers Leave Santander and Halifax
New figures reveal a major shift in UK banking, with Santander and Halifax losing thousands of customers while Nationwide emerges as the clear winner.
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