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Category : Corporate News
UK Furniture Group Collapses, 500 Jobs at Risk
The Belfield Group, comprising Westbridge Furniture and Belfield Leisure, has entered administration, putting approximately 500 jobs in jeopardy. Administrators are exploring rescue options while trading continues.
Vaping Giant Collapses into Administration, All Jobs Axed
JM Wholesale, the UK's largest vape and smoking supplier, has collapsed into administration, making all 19 employees redundant. Administrators cite government regulations as a key factor in the company's financial difficulties.
Five UK Companies Face CMA Fake Review Investigation
The Competition and Markets Authority is investigating Autotrader, Just Eat, Feefo, Dignity and Pasta Evangelists over potential fake review practices that could mislead consumers.
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Morrisons Alert to Middle East Conflict Impact on Customers
Supermarket chain Morrisons reports sales growth but remains vigilant about how the Iran war might affect consumer confidence and supply chains, while committing to price investments.
Co-op CEO Steps Down After £125M Cyber-Attack Loss
Co-operative boss Shirine Khoury-Haq resigns following a £125 million loss from a cyber-security attack and allegations of a toxic workplace culture at the supermarket chain.
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.
Essex Car Dealership Enters Liquidation After Nine Years
The Essex Car Group, a used car dealer based in Dunmow, has collapsed into liquidation with insolvency practitioners appointed to manage its affairs.
UK Wholesaler Shuts Down, 71 Jobs Lost at Morrisons Supplier
A significant UK wholesaler supplying major supermarkets like Morrisons, Waitrose, and Co-op has entered liquidation, resulting in 71 redundancies and impacting small food producers.
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Principal Insurance Buys Europa Group, Expands in UK Motorbike Market
Manchester-based Principal Insurance has acquired Bristol's Europa Group, including its MotorCycle Direct and Ridersure brands, aiming to become a top-five motorcycle insurance intermediary in the UK.
Rototherm Acquires Mainstream Measurements to Expand Product Range
Port Talbot-based manufacturer Rototherm has acquired Yorkshire's Mainstream Measurements, a specialist in ultrasonic sensor solutions for water flow measurement, to enhance its technical expertise and product portfolio.
PR Newswire UK Expansion: 65 New Sites via SWNS Deal
PR Newswire has partnered with SWNS Media Group to add 65 exclusive UK news websites to its distribution network, offering enhanced press release reach for brands targeting the British market.
Applied Nutrition Profits Surge 77% as Sales Rise
Merseyside sports nutrition firm Applied Nutrition reports a 77.1% profit surge to £20.9m and 56.5% sales growth to £74.5m in six months, maintaining full-year revenue targets despite Middle East disruptions.
Midland Vape Distributor Files for Administration
Leicestershire-based JM Wholesale, a major UK vape supplier, has filed a notice of administration with Quantuma expected to be appointed as administrator, affecting 47 staff members.
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Birmingham Restaurant Boss Slams Government Over Hospitality Crisis
Ian Leigh, managing director of Chaophraya Thai Restaurant in Birmingham, has issued a direct plea to Chancellor Rachel Reeves and Prime Minister Keir Starmer, calling for a reduction in VAT to save the struggling hospitality sector.
Salford Gas Tech Firm Utility Meters Warehouse in Administration
Utility Meters Warehouse Ltd, a specialist gas technology provider based in Salford, has collapsed into administration. The company, which launched in 2013, employed 29 staff and supplied advanced equipment to reduce natural gas consumption.
Independent Brewers Thrive at BeerX Event in Liverpool
The BeerX event in Liverpool showcased the resilience of Britain's independent brewing sector, with awards and innovation highlighting growth despite hospitality industry struggles.
LSL Property Services Sees Revenue and Profit Rise in 2025
Newcastle-based LSL Property Services has announced a 6% revenue increase to £182.9m and a 3% operating profit rise to £22.6m for 2025, with strong performance across its divisions.
TK Maxx Recalls Power Banks Over Fire Hazard
TK Maxx has urgently recalled specific XO Poppy power bank models due to a fire risk from poor internal wiring. Customers are advised to stop use immediately and return for a refund.
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NCP Car Park Giant on Brink of Collapse, Hundreds of Jobs at Risk
National Car Parks (NCP), the UK's biggest car park operator with 300 sites nationwide, has filed a notice to appoint administrators, putting approximately 700 jobs in jeopardy.
Rodmatic Engineering Firm Collapses After 50+ Years
Rodmatic Ltd, a Reading-based engineering firm specializing in fasteners and screw machine products, has entered liquidation after over five decades of operation. Joint administrators have been appointed to wind up the company.
Denby Pottery on Brink of Collapse After 200 Years
Major UK homeware brand Denby has filed for administration after more than two centuries, citing rising energy costs and challenging economic conditions as key factors.
Stelrad Sees Profits Halve in Subdued European Market
Newcastle-based radiator manufacturer Stelrad Group reveals operating profit fell 44% to £17.5m in 2025, despite adjusted profit growth and strategic restructuring across European facilities.
Cytec Acquires Howells Associates, Expanding Market Position
Cytec Solutions Limited, a software provider specializing in corporate governance, has acquired Howells Associates, enhancing capabilities in employee share plan administration and insider list management.
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Robert Walters Reports £14.9m Loss in Hiring Downturn
London-listed recruitment firm Robert Walters posts £14.9m operating loss, scraps dividend, and cuts 15% of workforce as revenue falls 12% to £781.1m amid cautious client sentiment.
Domino's UK Profits Drop 15% as Sales Struggle
Domino's Pizza Group reports a significant 15% decline in underlying profit before tax, falling from £107m to £91m, while total orders decreased by 0.9% in the year to December 2025.
Amber Energy Solutions Collapses, 138 Jobs Lost in Cardiff
Cardiff-based energy consultancy Amber Energy Solutions has entered administration, resulting in 138 redundancies. The firm faced cash flow issues despite strong 2024 revenues.
Tekmar Sees Record Orders Despite Revenue Drop
County Durham offshore engineering firm Tekmar reveals a slight revenue decline but highlights a record order book and strong progress under its Project Aurora growth strategy.
M&S Introduces UK-Wide Pay Rise and Staff Benefits
Marks & Spencer announces a significant pay increase for UK store staff, with hourly rates rising to at least £13.41, alongside enhanced benefits including a 20% discount.
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Scottish Brewery Closes All Sites, Axes 100 Jobs Despite Rescue
Innis & Gunn brewery will close all its locations, including three taprooms and its Perth facility, resulting in 100 job losses, despite a multi-million pound rescue deal by C&C Group.
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