3 h. ago Iconic UK restaurant chain shuts 16 sites as over 450 jobs axed

The closures come after the restaurant chain’s operating company entered administration

Society

4 h. ago TGI Fridays shuts 16 restaurants across UK and axes 456 jobs

It comes after the chain was sold yesterday after falling into administration

Society

4 h. ago 33 outlets of restaurant chain operating since 1986 saved as 16 shut 'immediately'

The UK operatorhas entered administration with a pre-pack deal resulting in 456 job losses - see the full list here

Politics

5 h. ago TGI Fridays restaurant chain closes 16 branches and axes 456 jobs

A pre-pack administration deal will safeguard 33 restaurants

Society

5 h. ago TGI Fridays shuts 16 restaurants and axes 456 jobs after administration move

Liberty Bar and Restaurant Group hired administrators from Interpath Advisory on Tuesday.

Society

16 h. ago Legendary restaurant chain shuts 16 UK branches after falling into administration

TGI Fridays’ UK operator has entered administration, leading to the immediate closure of 16 restaurants and 456 job losses, while a pre-pack deal with Sugarloaf TGIF Operations Limited saves 33 outlets

Politics

40 h. ago UK industrial powerhouse falls into administration after seven decades with 334 jobs at risk

The company is the longest established cable distributor in Britain

Society

53 h. ago Energy firm plunges into administration and abruptly stops trading with nearly 300 jobs axed

A MAJOR energy company has officially entered administration, with 295 jobs lost. The South Wales firm, based in Swansea and Treorchy, confirmed on Friday that it could no longer continue trading. Staff at Consumer Energy Solutions were told on Friday that they were being made redundant, with job losses including sales advisors, project planners, and...

Politics

3 d. ago More than 2,500 jobs at risk as two high street chains enter administration

The firms have about 300 shops in the UK combined

Events

3 d. ago Merit Holdings enters administration with nearly 300 jobs lost and £17.4m unpaid bills

UK offsite construction firm Merity Holdings has collapsed, leaving subcontractors and suppliers exposed to £17.4m in unpaid bills and 284 jobs lost

Economics

4 d. ago Hundreds of jobs lost as energy firm collapses into administration

Almost 300 staff at Consumer Energy Solutions in south Wales have been impacted by the news

Politics

4 d. ago Hundreds of jobs lost as major Welsh employer enters administration

Workers at Consumer Energy Solutions, which has sites in Swansea and the Rhondda, were told their jobs were at risk just days before Christmas

Society

6 d. ago Iconic British brand enters administration as Next considers rescue

The fashion brand, which is famous for its kitten heels, has put 280 jobs at risk after entering administration

Events

8 d. ago Two UK high street chains go into administration as thousands of jobs are put at risk

The two high street stores have been put into administration after facing significant financial difficulties

Events

8 d. ago Claire's and The Original Factory Shop are being put into administration: 2,500 jobs at risk

A spokesperson for the owner said: 'This has been a very tough decision. We have worked intensively in an effort to save both businesses.'

Society

8 d. ago Claire's and The Original Factory Shop in administration with 2,500 jobs at risk

Both chains were restructured and bought by Modella Capital last year, which has now started insolvency proceedings.

Society

8 d. ago Claire’s and The Original Factory Shop collapse into administration with 2,500 jobs at risk

Owner Modella Capital said it had been a ‘very tough decision’

Society

8 d. ago BREAKING: Claire's and The Original Factory Shop plunge into administration putting 2,500 at risk

Two major high street chains have collapsed into administration, putting 2,500 jobs at risk - this is a breaking story

Events

8 d. ago Claire's and The Original Factory Shop plunge into administration putting 2,500 at risk

Claire's and The Original Factory Shop have collapsed into administration, putting around 2,500 jobs at risk, after their owner reported 'an alarming drop-off in pre-Christmas footfall'

Events

8 d. ago Claire’s and The Original Factory Shop near collapse, putting 2,550 jobs at risk

Owner Modella starts insolvency proceedings for both chains, saying trading is ‘extremely challenging’The retailers Claire’s and The Original Factory Shop are on the brink of administration, putting 2,550 jobs at risk.Both chains are owned by Modella Capital, a private equity firm, which recently bought the high street arm of WH Smith – renamed TG Jones. Modella said in a statement that the climate on UK high streets was “extremely challenging” and data suggested “an alarming drop-off in pre-Christmas footfall”. Continue reading...

Society