Losses neared £70m at group behind kitchen maker Magnet due to cost-of-living crisis February 28, 2024 Almost £70m was lost by the group behind kitchen maker Magnet after being hit by "unprecedented" inflation, "elevated" energy prices and "notably subdued markets" due to the cost-of-living crisis.
Playstation: Sony to cut 900 jobs and close London studio February 27, 2024 Sony has announced plans to cut around 900 jobs in its PlayStation arm and close its London studio.
Mango: Fashion giant creates 150 UK jobs as sales and profit jump February 27, 2024 The UK arm of fashion giant Mango created almost 150 jobs as its sales and profits jumped during 2023, new figures have revealed.
Jobs saved after luxury kitchen maker Harvey Jones sold out of administration February 26, 2024 Around 140 jobs have been saved after luxury kitchen maker Harvey Jones was sold out of administration in a pre-pack deal.
Hydrogen power firm Geopura to create hundreds of jobs after £56m investment February 22, 2024 Hydrogen power company GeoPura has secured a £56m investment which will help create hundreds of jobs, it has been announced.
Gymshark: Profits continue to fall despite surge in sales February 22, 2024 Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed.
Stellantis: Vauxhall and Peugeot owner to make electric vans in Luton, securing 1,500 jobs February 22, 2024 Stellantis, the owner of car brands such as Vauxhall and Peugeot, is to start manufacturing electric vans at its historic Luton plant from 2025 in a move which will safeguard around 1,500 jobs.
Luxury kitchen brand Harvey Jones in last-ditch rescue talks as administration looms February 21, 2024 Luxury kitchen company Harvey Jones is having “advanced and encouraging” talks over a possible rescue deal as it bids to avoid collapsing into administration.
The Body Shop to close nearly half of UK stores – with seven to shut immediately February 20, 2024 The joint administrators of The Body Shop have revealed plans to restructure the high street retailer which will see a raft of stores close and hundreds of jobs lost.
What the UK’s new fire and rehire rules could mean for businesses and employees February 20, 2024 The UK Government has announced new measures around the use of fire and rehire practices after high profile companies, including P&O Ferries, sparked outrage with their use of the tactic.