Browsing: economic pressures

The acquisition of 51 TGI Fridays restaurants by private equity firms Breal Group and Calveton has been a mixed blessing.…

TGI Fridays UK has successfully emerged from administration, safeguarding over 2,400 jobs across 51 restaurants.However, 35 locations will close, affecting…

Northern Trains has reported record-breaking revenue for the financial year ending 31 March 2024, reflecting a significant recovery from previous…

Insolvency figures for August 2024 fell compared to July, providing a glimmer of hope for businesses. This trend offers some…

The North East has witnessed a significant 20% reduction in insolvency rates, as revealed by recent data analysis. In August,…

Daniel Rubin, founder of Dune London, shares insights on fashion trends and business strategies.Rubin comments on the shift towards casualisation…

Fred Perry has announced a substantial dividend of £90m, following a significant rise in sales exceeding £150m for the financial…

Principality Building Society, the largest mutual lender in Wales, is experiencing a notable drop in profits due to intense mortgage…

Cotton Traders experienced a decrease in revenue and profit during 2023 due to challenging economic conditions.The company’s turnover fell by…

July witnessed a significant drop in food store sales volumes, falling by 2.6%.This decline follows an earlier increase of 1.1%…