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.
Category : Business
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.
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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.
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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.
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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.
Switch Broadband to Avoid April Price Hikes
Millions of UK households face broadband bill increases in April, but switching providers or exploring social tariffs can help cut costs significantly.
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Russell & Bromley Clearance Sale After Administration
British shoe chain Russell & Bromley has launched an 'everything must go' sale with discounts up to 50% following its collapse into administration earlier this year, affecting 33 stores and nine concessions.
Harvester £55 Meal for Four Saves £40 on Dining Deal
A standout Harvester deal offers a three-course meal for two adults and two children for £55, saving £40, available at over 160 UK locations via Groupon.
New 4.5% Fixed Cash ISA Launched by Hargreaves Lansdown
Hargreaves Lansdown has introduced a competitive Cash ISA with a 4.5% interest rate fixed for one year, as demand surges ahead of tax year end and potential allowance changes in 2027.
Virgin Money, Santander Raise Mortgage Rates as Market Tumbles
Virgin Money increases mortgage rates by up to 0.75% and Santander by up to 0.53% as the property market declines. Experts warn of lender nervousness and global inflation concerns from the Iran conflict.
Budweiser Axes Via Roma Beer as Pub Profits Plummet
Budweiser Brewing Group confirms discontinuation of Via Roma premium lager, inspired by Italian brewing traditions. This comes as new data reveals UK wet-led pubs may retain only 3p profit per £1 spent, with rising costs threatening industry viability.
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Virgin Money Offers £250 for Broadband Switch Fees
Virgin Money is providing a limited-time offer of up to £250 to help UK households cover early exit fees when switching to their broadband services. The deal includes three main bundles with varying speeds and prices, but customers must act before April 1
E.ON Next Cuts Energy Tariff Prices from April 1
E.ON Next has announced significant price reductions on its 15-month fixed tariff, with savings passed on from government measures, offering households lower bills and stability.
Law Firm Hails 'Manchesterism' as Conference Comes to City
Bristol-based law firm Foot Anstey is holding its national partner conference in Manchester for the first time, crediting the city's 'Manchesterism' effect for encouraging regional investment and growth in key sectors like retail and infrastructure.
£50m Innovation Fund Unveiled for West Midlands Economy
A £50 million Local Innovation Partnerships Fund has been announced to support advanced manufacturing, health sciences, and creative tech businesses in the West Midlands, aiming to create jobs and accelerate economic growth.
Birmingham McDonald's Reopens After Major Refurbishment
The McDonald's branch in Yenton, Erdington, has reopened following a significant transformation, featuring a redesigned front counter, new courier area, and improved employee facilities.
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San Francisco's Iconic Landmarks and Hidden Treasures
Explore the vibrant contrasts of San Francisco, from the tranquil Presidio to the electric city center, uncovering must-see attractions and local secrets.
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