Category : Search result: company debt


Royal Shakespeare Company cuts 11% of jobs

The Royal Shakespeare Company plans to cut its workforce by 11% and merge costume departments to save £2.8m annually, citing a 'perilous' financial situation due to funding cuts and soaring costs. Read the full story.

Leon warns of closures after £8 million loss

Leon founder John Vincent reveals potential site closures and job cuts as he battles to restore the struggling fast-food chain to its former health. Read his full recovery plan.

Thames Water profits leap as funding crisis looms

Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.

Travel Counsellors CEO on £50m Global Expansion

Manchester-based Travel Counsellors CEO Steve Byrne explains the £50m acquisition of Canada's The Travel Agent Next Door, boosting international sales to 30% and ruling out a near-term IPO.

OBR's Long-Term Debt Warnings Threaten UK Economy

Beyond the public feud with Chancellor Rachel Reeves, the OBR's reports reveal a perilous long-term fiscal outlook for the UK, with high debt and demographic pressures risking financial stability. Read the full analysis.

79-year-old widow chased for 2p energy debt

A 79-year-old disabled widow from Dudley was pursued for a 2p debt due to a computer error, threatening her credit rating and causing immense stress. Discover how the situation was resolved.

Student loan freeze to squeeze low-paid graduates

NUS warns a 3-year freeze on the student loan repayment threshold will force graduates to repay more, sooner, potentially leaving them struggling with basic living costs. Discover the impact on new graduates.

Reeves' 'Deceiving' Budget Delays Debt Repair

Rachel Reeves faces criticism for 'deceiving' Budget that delays fiscal repair as economists warn of interest rate hold fears. Key details on borrowing and tax changes.

Jill Freud, Narnia's Lucy inspiration, dies aged 98

Jill Freud, the real-life inspiration for Lucy Pevensie in CS Lewis's Chronicles of Narnia and founder of Suffolk's beloved summer rep theatre, has died aged 98. Discover her remarkable life story.

Stamp Duty Holiday Aims to Boost London IPOs

The UK government introduces a stamp duty suspension on company shares to attract more IPOs to London, countering competition from New York and European markets.

OBR: UK Tax Burden Hits Record High

The OBR warns Rachel Reeves' Budget leaves UK finances vulnerable as the tax burden hits an all-time high. Discover the full impact on households and the economy.

Reeves Confronts £110bn Debt Crisis in Budget

Chancellor Rachel Reeves must balance tax rises with spending cuts as Britain's debt servicing hits £110bn annually. Can she ignore political pressure and fix public finances?

UK accused of caving to BVI on company register

UK government faces criticism for allowing British Virgin Islands to restrict access to beneficial ownership register ahead of anti-corruption summit. Read the full investigation.

Cambridge Satchel Co Black Friday: 40% Off Sale

The Cambridge Satchel Company's Black Friday sale offers 40% off iconic heritage bags, including styles loved by Taylor Swift. Discover premium leather bags at reduced prices.

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