Cineworld will close six UK cinemas, including Glasgow Parkhead and Bedford, amid financial struggles. Previous closures include Newport, Runcorn, and Bristol locations.
The once-thriving financial advice network, Tenet Group, has fallen into administration, resulting in the loss of 95 jobs.
Mercian Cycles, a Derby-based bicycle manufacturer since 1946, is entering voluntary liquidation. Known for its bespoke, handcrafted bikes used by world-record-setting cyclists and global adventurers, the company's closure marks the end of an era for the iconic British brand.
British online car retailer Cazoo, once valued at over £5bn, is entering into administration. The company has already cut over 700 jobs and is exploring a sale.
New checks introduced under the UK's Brexit trade agreement are expected to impose significant costs on businesses, with one company estimating expenses of up to £225,000 annually, according to its co-owner.
Ex-England and Liverpool player, John Barnes, banned from directorship for three-and-a-half years due to his company’s failure to pay over £190,000 in tax between 2018 and 2020.
Retail insolvencies have surged by nearly a fifth in the past year due to higher interest rates impacting debt-heavy British stores
Amidst a challenging period for restaurants, Catch 22 Brasserie's candid post reveals industry-wide struggles, echoing concerns of dwindling footfall and impending financial challenges.