Euroview Glass Firm Bought by Competitor ESG Group
Euroview Architectural Glass Ltd has been purchased out of administration by competitor ESG Group Ltd in a pre-pack deal, following a significant revenue decline and solvency challenges.
Category : Corporate News
Women Reach 43% of FTSE 350 Board Roles in Major Shift
Britain sees a 'transformational' change in gender diversity, with women now holding 43% of board positions across FTSE 350 firms, up from 9.5% in 2011. However, more work is needed at executive levels.
Gambling Commission Chief Andrew Rhodes Steps Down
Andrew Rhodes, chief executive of the Gambling Commission, is stepping down after nearly five years. The Welshman from Neath will take a private sector role, with his departure set for late April.
Smiths News Faces Pension Claim Over Tuffnells Collapse
Smiths News shares drop as UK Pensions Regulator considers financial support direction for underfunded Tuffnells pension scheme, potentially requiring up to £3.5m.
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ATS Euromaster Exits UK, 703 Jobs at Risk
Birmingham-based ATS Euromaster confirms plans to cease UK trading, closing 86 service centres and risking 703 jobs, with 49 sites to be sold to rivals.
ATS Euromaster Winds Down UK Operations, 700 Jobs at Risk
ATS Euromaster, a major UK car servicing company, is winding down operations, putting over 700 jobs at risk. The firm has closed 86 garages and is selling parts of its network to preserve some roles.
Virgin Media O2 Warns of 2026 Earnings Decline
Telecoms giant Virgin Media O2 reveals it lost nearly 400,000 mobile customers in 2025 and predicts underlying earnings will fall 3-5% in 2026 due to challenging market conditions and price increases.
Gilks Electrical Company Collapses After 60+ Years
Gilks, a long-established electrical and mechanical services company based in Nantwich, has collapsed into administration, resulting in over 100 job losses. Administrators cite financial pressures and sector-wide challenges as key factors.
Marasu's Petit Fours Chocolate Brand Collapses Into Administration
Major UK chocolate maker Marasu's Petit Fours has filed for administration after four decades in business, with climate change impacting cocoa prices and threatening the industry.
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Royal Mail Chaos: 107 Postcodes Hit by Delays, MPs Investigate
Cross-party MPs are demanding explanations from Royal Mail over delivery delays affecting 107 postcodes across the UK, citing concerns about service quality and alleged 'batching' practices.
Cybersecurity Firm Acquired, Creating 900-Strong Company
Bristol-based cybersecurity firm Stripe OLT has been acquired by IT company Littlefish Group in an undisclosed deal, forming a combined workforce of approximately 900 employees across the UK.
EU Investigates Shein Over Childlike Sex Dolls and Weapons
The European Commission has opened a formal investigation into Shein for suspected breaches of EU law, including the sale of childlike sex dolls and weapons, as well as concerns about addictive design and opaque recommender systems.
Overtone Brewery Collapses, Popular Beers to Disappear
Major UK craft brewery Overtone Beer has entered liquidation, meaning its popular IPAs and stouts will be pulled from Aldi and Asda supermarket shelves across the country.
Rococo Chocolates Acquired by Artisan du Chocolat
Rococo Chocolates, a luxury brand trading for over 40 years, has been acquired by Artisan du Chocolat, a premium chocolate maker famously loved by Gordon Ramsay.
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BrewDog Launches Formal Sale Process After 5 Years of Losses
BrewDog has started a formal sale process following five consecutive years of losses, with AlixPartners managing the competitive bidding. The move comes after the closure of its distillery and several bars across the UK.
Ferguson Moves to Dissolve Five Firms After Epstein Files Release
Sarah Ferguson has filed to dissolve five of her businesses, including Fergie's Farm and Planet Partners Production, following renewed scrutiny from the Epstein files. The companies were tied to her brand ambassador work and lifestyle ventures.
Karcher WD6 P Premium Review: Heavy-Duty Vacuum Cleaner
The Karcher WD6 P Premium wet and dry vacuum cleaner offers serious power for tough cleaning tasks. This heavy-duty machine handles rubble, water, and debris with ease, featuring a 30-litre tank and built-in power socket for tools.
Leon Fast Food Chain Collapses, 11 Restaurants Shut
Leon, the UK natural fast food chain, has entered administration, closing 11 restaurants and cutting 244 jobs. Co-founder cites unsustainable taxes and straying from core values as key factors in the collapse.
Leon Restaurant Chain Collapses, 22 Branches Closed
The UK high street food chain Leon has entered administration, resulting in the closure of 22 branches and the loss of hundreds of jobs across the country, including in Birmingham.
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Newcastle SkinBioTherapeutics CEO Quits After Suspension
Stuart Ashman, CEO of SkinBioTherapeutics, has resigned following suspension as the board launches an investigation into his conduct. The firm, based at The Core in Newcastle Helix, saw significant growth under his leadership.
Vertu Motors Shuts Five Dealerships Across UK
Vertu Motors has closed five financially unviable dealerships in the UK, forcing drivers to travel further for services. The closures affect Honda, Citroen, Peugeot, and Volvo sites in Bradford, Macclesfield, Launceston, and Barnstaple.
BBC Announces £600 Million Budget Cuts
The BBC plans to slash 10% of its annual budget, totaling £600 million in savings over three years, impacting all parts of the corporation including its licence fee-funded public service arm.
Cosmic Ears Music Tech Firm Collapses Into Administration
Cosmic Ears Ltd, a UK-based custom in-ear monitor manufacturer for major pop stars, has formally entered administration after 11 years in business, with joint administrators appointed.
Magnum Ice Cream Profit Drop After Unilever Demerger
The Magnum Ice Cream Company, spun out from Unilever in December, sees operating profit fall to €599m in 2025 due to restructuring costs, despite 4.2% sales growth and plans for a £50m factory upgrade in Gloucester.
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Butcombe Brewing Co Reports Exceptional Growth and Record Christmas
South West pub operator and craft brewer Butcombe announces outstanding financial results, with record Christmas trading and significant growth across its managed pubs, accommodation, and non-alcoholic beverage lines.
Afford Rent A Car Enters Administration in West Midlands
Long-established West Midlands car hire company Afford Rent A Car has collapsed into administration, with drivers instructed to return keys via a drop-off shoot. The firm, founded in 1981, had grown to operate hundreds of vehicles across multiple location
Ambulance Jobs Saved in Pre-Pack Deal for NHS Suppliers
Over 375 jobs have been preserved at Spark Medical and Medi 4 Ambulance Services through a pre-pack administration deal, ensuring continued NHS patient transport and medical cover across the UK.
Oatly Banned from Using 'Milk' in Plant-Based Marketing
The Supreme Court has ruled that Oatly cannot use the word 'milk' to market its plant-based products, ending a long legal battle with Dairy UK over trademark regulations.
UK Carpentry Firm Collapses After 15 Years
A.L.N. Carpentry & Joinery in Newmarket has appointed administrators, ceasing operations after 15 years. The firm worked on projects across East Anglia and the South East.
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Heineken to Cut Up to 6,000 Jobs in Global Restructuring
Heineken reveals plans to eliminate 5,000-6,000 positions, representing 7% of its global workforce, following a 2.4% decline in beer volumes and 4.7% revenue contraction in 2025.
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