Arts Club suffers £4m loss after wellness centre woes
London's historic Arts Club posts a £3.8m loss for 2024, driven by a £6.4m write-down on its luxury wellness centre investment. Discover how inflation and high interest rates hit the elite club.
Category : Search result: legal sector insolvency
Turtle Bay blames Labour tax raid for £10.1m loss
Caribbean chain Turtle Bay falls to a £10.1m pre-tax loss, blaming Chancellor Rachel Reeves' National Insurance hike. Founder criticises 'unhelpful' government policy. Read the full story.
Immigration law firm sale signals visa policy impact
A London law firm specialising in immigration services has been put up for sale amid a slump in visa applications following government crackdowns. Read the full story on the pressures facing the legal sector.
UK business confidence and hiring fell sharply in late 2025
Key surveys reveal a sharp drop in UK business confidence and hiring at the end of 2025, despite PM's optimism. Manufacturers see hope but warn of a 'tipping point' for investment.
Finance worker told to 'spread legs' for contract
A former finance professional reveals shocking sexual harassment she faced, including being told to 'spread her legs' for a contract. She discusses the industry's toxic culture and her new mission to support victims.
Nigeria's ambitious tax reform faces public scepticism
Nigeria's radical new tax regime aims to boost revenue and fund public services. But with a broken social contract and a vast informal sector, can the government win public trust? Analysis from Lagos.
London arts sector must learn corporate speak to save itself
London's creative industry faces a funding crisis. To survive, it must prove its economic value with data and forge cross-sector partnerships, moving beyond cultural silos.
Lords: Treasury has 'limited grasp' of shadow banking risks
A Lords committee warns the UK Treasury is unprepared for risks from the booming $16tn shadow banking sector, which could threaten UK financial stability. Read the full report.
Trustee Shortage Amplifies UK Charity Sector Crisis
A decline in volunteer trustees is compounding severe challenges for UK charities, including distorted funding priorities and a breaking point for advice services. Experts call for urgent government action.
Labour U-turn on pub business rates hike expected
The government is poised to announce a rescue package for pubs facing crippling business rate rises, Sky News understands. The move follows a bitter backlash from the hospitality sector.
Pubs set for business rates help in days
Sky News understands the government is preparing a support package for pubs facing crippling business rate hikes. Chancellor Rachel Reeves faces backlash as the hospitality sector warns of 100% bill increases.
Dad and daughter keep London's lights on for 64 years
Meet Terry and Sarah Day, the father-daughter team with 64 years of service at UK Power Networks, sharing their story of loyalty, pride, and keeping London powered.
Rayner in Downing Street a Top Risk for UK Banks
Analysts warn Angela Rayner becoming PM is a major risk for UK banks in 2026, fearing tax hikes and regulatory shifts. Discover the market's preferred alternative.
Cabinet revolt brews over business rates increase
Sky News reveals cabinet-level opposition to the business rates rise. Hospitality sector warned against protesting as pubs ban Labour MPs. Full details inside.
Business costs rise at fastest pace since May
New PMI data shows UK firms face soaring costs from wages and energy, squeezing growth. Discover the outlook for business confidence and inflation in 2026.
Recruitment Firm 'Phoenixism' Costs Taxpayers Millions
An investigation reveals how 'pre-pack' administrations allow directors to shed tax debts and resurrect businesses, costing the exchequer an estimated £840m annually. Read the full analysis.
PE Firms Invest Billions in UK Professional Services
Private equity giants are acquiring major stakes in UK accounting and advisory firms, with Interpath Advisory in exclusive talks with Bridgepoint. Discover the multi-billion pound trend reshaping the sector.
Council worker busted for secretly juggling 2 full-time jobs
A Barnet Council employee has been sentenced for fraud after working two full-time council jobs simultaneously. She must pay £10k compensation. Read the full story.
Hundreds of TGI Fridays jobs at risk in insolvency plan
Exclusive: The new owner of TGI Fridays UK is finalising a pre-pack administration deal, set to close up to 20 restaurants and cut hundreds of jobs. Learn the full impact on the UK hospitality sector.
UK Manufacturing Hits 15-Month High in December 2025
UK manufacturing activity reached a 15-month peak in December 2025, with the PMI at 50.6. Discover the drivers behind this tentative recovery and the challenges that remain for 2026.
Solicitor struck off for falsifying timesheets
A solicitor has been removed from the Roll after claiming she worked 28 hours a day to qualify for a £70,000 bonus. Discover the full details of the tribunal's ruling.
Clifford Chance's best-paid partner got £7m last year
The highest-earning partner at magic circle law firm Clifford Chance was paid over £7m last year, new filings show. Explore the firm's financial performance and partner pay structure.
UK charities face funding crisis and rising demand
Britain's voluntary sector is struggling with a severe financial crunch, rising costs, and falling donations as demand for services soars. Can Labour's 'covenant' offer a lifeline?
One UK Pub Closed Daily in 2025 Amid Cost Crisis
New data reveals 366 British pubs were lost in 2025 due to soaring costs and tax burdens. Industry leaders warn of a 'wake-up call' for communities. Read the full analysis.
UK investment lags G7, raising business confidence fears
New ONS data reveals UK investment at just 18.6% of GDP, ranking last in the G7. Chancellor Rachel Reeves faces criticism as private sector hesitates. Read the full analysis.
Jhoots Pharmacy faces insolvency after Lloyds Bank action
Struggling national chain Jhoots Pharmacy could be placed into administration after Lloyds Bank filed a high court application. The firm, accused of owing locums £670k, reported £5m in creditors.
Independent Pubs Face Extinction by 2035
Britain's independent pubs are closing at a record rate, blaming soaring costs and tax policy, while major chains report record sales. Could your local be next?
Shared Parental Leave Policy Fails After Decade
A decade after its launch, shared parental leave has failed to deliver promised culture change. Experts reveal a 'lost decade' as fewer than 1 in 60 public sector workers share leave. Discover why the policy is a 'monumental dud'.
Obituary: Edward Welsh, journalist and comms director, 63
Tributes paid to Edward Welsh, a national newspaper journalist who moved into public sector communications after an inspiring stint at the Carter Centre. Read his remarkable career journey.
Dungeons & Dragons cafe transforms London's hospitality sector
RPG Taverns, a Dungeons & Dragons specialist venue in Elephant and Castle, is turning over up to £35k a month. Discover how fantasy role-play is reviving London's nightlife and offering a new model for socialising.
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