Carpetright: Staff and customers to lose out as rival Tapi set to rescue brand out of administration Retail Carpetright is on the brink of being rescued out of administration but more than 1,000 jobs are set to be lost.
Cazoo racked up debts of over £260m as it collapsed into administration Business Cazoo racked up debts of more than £260m as it collapsed into administration earlier this year, it has been revealed.
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate Retail Businesses have been urged to make "bold decisions early and "avoid kicking problems down the road" in the wake of reports that Carpetright is on the brink of collapse.
Yell eyes ‘ideal customer’ as it sinks further into the red and cuts jobs July 15, 2024 Yell, the digital marketing and online directory business, sunk further into the red during its latest financial year as it focused on "attracting and retaining customers who meet our ideal customer profile exclusively".
Carpetright lines up PwC as looming administration puts thousands of jobs at risk July 12, 2024 Carpetright is on the brink of collapsing into administration, putting thousands of jobs at risk.
UK households would be £4,300 richer per year if pay growth had matched Germany and the US June 25, 2024 Households would be £4,300 a year better off if pay growth in the UK had matched average wages in Germany and the US since 2010, according to a new study.
Tesla, Google, Microsoft and Tiktok push tech layoffs total to nearly 100,000 this year June 17, 2024 A total of 326 tech companies have laid off more than 98,000 employees so far this year, according to online tracker layoffs.fyi.
Getir’s 2022 losses finally revealed ahead of UK exit and 1,500 job cuts June 4, 2024 Getir has only just published its UK accounts for 2022 - and they make for absolutely grim reading.
Price rises see sales surge at McVitie’s Digestives, Jaffa Cakes and Jacob’s Mini Cheddars maker June 4, 2024 Price rises helped sales surge at the maker of McVitie's Digestives, Jaffa Cakes, Jacob's Cream Crackers and Mini Cheddars in 2023, it has been revealed.
Cazoo: Was online car retailer always doomed to fail? May 23, 2024 Could the downfall of Cazoo from being valued at more than £5bn to its collapse into administration have been avoided or was it always doomed to fail?