The bodywork of the High Street Street Beauty Chain Close its remaining 56 stores, which led to 444 layoffs, the administrators said. Last week, he announced the closure of 30 stores, having collapsed in the administration earlier this month. A stock shortage and the cost of racing stores meant that it was no longer viable … Read more
Despite “in-depth” negotiations with the government, the largest bioethanol factory in the United Kingdom must conclude due to the British-American trade agreement, according to the firm that owns it. The consultations began with the more than 160 employees on the Ververgo’s Hull site, with all the manufacturing to stop on September 13 if no funding … Read more
Malan Sultan, Ali Tarin in this unknown image. – Instagram/@aslitareen Ali Tarin, the owner of Sultani Multan, repeated his deep commitment to the privilege, describing him as a project that is still “very close to his heart” after investing and a great effort to create the team as one of the most dominant aspects in … Read more
The prolific investor of High Street Hilco Capital approaches an agreement to finance a takeover of Lakeland, the family retailer in household items. Sky News learned that Hilco, who supported the retailers, including HMV and Superdry, and the management of Lakeland is in advanced talks with its shareholders on an agreement to take control of … Read more
Lloyds Banking Group must close 136 other branches. The largest British mortgage lender said that it would close 61 Lloyds, 61 Halifax and 14 Sites of the Scotland Bank between May of this year and March 2026. All workers affected by closures would be offered alternative roles, said the group. Money Dernited: People who only … Read more
The Original Factory Outlet (TOFS), the independent discount retail chain, is set to be sold after more than 17 years under the ownership of private equity firm Duke Street. Sky News has learned that Baaj Capital, a family office which counts Style and Party Supplies Amscan International among its investments, has emerged as the favorite … Read more
Harland & Wolff (H&W), the owner of the shipyard that built the Titanic, is close to reaching a government-backed rescue deal with a Spanish shipping industry group. Sky News can reveal that Navantia has won approval from Downing Street to acquire H&W’s four UK shipyards in a deal which could be formally agreed as early … Read more
A music streaming service, whose shareholders include U2 bassist Adam Clayton and financier Guy Hands, is set to undergo a solvent restructuring that will pave the way for it to launch a series of new interactive TV channels in the UNITED STATES. Sky News has learned that the assets of MagicWorks, which trades as ROXi, … Read more
London’s Smithfield meat market is set to close after more than 800 years, with trading expected to cease permanently after 2028. The City of London Corporation, which manages the site, said on Tuesday its council had voted to shut down the Smithfield and Billingsgate fish market. The original plan had been to relocate the markets … Read more
UPPER DOLPA, NEPAL — For three years now, the Nepalese government has not delivered rice to parts of Upper Dolpa, a district bordering China. As a result, people walk four to nine days to buy rice at the market, at prices that most people cannot afford. Rice in the market costs 150 Nepalese rupees per … Read more