Tag results for: Administration
Begbies Traynor warns thousands of ‘zombie’ firms could go bust – London Business News | Londonlovesbusiness.com
A Begbies Traynor report is warning that tens of thousands of “zombie” firms are at risk of collapsing this year due to increased pressures from Rachel Reeves Budget...
Another major retailer enters administration on Reeve’s watch – London Business News | Londonlovesbusiness.com
The Original Factory Shop has entered into administration putting 1,180 jobs and 137 stores are at risk.
On Wednesday the discount retailer appointed administrators from Interpath Advisory, the business...
Major bar chain falls into administration will hundreds of jobs lost – London Business News | Londonlovesbusiness.com
Revolution bar owner The Revel Collective has filed a notice of intention to appoint administrators and have appointed FTI Consulting.
The popular bar chain will axe 591 jobs and...
Trump administration imposes a 25 percent tariff on high-end chips
President Trump has signed a proclamation imposing a 25 percent tariff on “certain advanced computing chips,” the White House has announced. As The New York Times notes, the...
TGI Friday’s closes 16 restaurants – London Business News | Londonlovesbusiness.com
TGI Fridays has closed 16 restaurants which has led to the loss of 456 jobs as the restaurant chain has entered administration.
Liberty Bar and Restaurant Group, who runs...
Retail and London bear the brunt as business administrations remained high in 2025 – London Business News | Londonlovesbusiness.com
More than 1,600 UK businesses filed for administration in 2025 – a 5% decrease compared to last year – according to analysis by full-service law firm Shakespeare Martineau.
However,...
