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End of an Era for Renowned Bicycle Maker

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.

Former Tech Darling Cazoo Crashes into Administration

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.

Further costs to already struggling businesses

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.

Former England and Liverpool Football Star John Barnes Disqualified as Company Director

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.

Surge in Retail Insolvencies Amid Interest Rate Hikes

Retail insolvencies have surged by nearly a fifth in the past year due to higher interest rates impacting debt-heavy British stores

Echoes of Quiet: Hospitality's Struggle in Wales

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.

Ted Baker Faces Administration Putting Hundreds of Jobs in Jeopardy

Hundreds of jobs on the high street are in jeopardy as Ted Baker's operations teeter on the edge of Administration.

Empowering Companies House: Unveiling Enhanced Authorities Under the Economic Crime and Corporate Transparency Act 2023

The Economic Crime and Corporate Transparency Act 2023 is ushering in a new era for Companies House, with the first wave of transformative powers set to take effect from 4 March 2024. These changes are poised to reshape the landscape of financial oversight, marking a significant milestone in the evolution of Companies House.

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