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The British car-making giant has announced that it plans to let go of 4,000 of its workers as part of aggressive cost-saving measures. The redundancies will take place over a two-year period as the manufacturer seeks to save £1.7 billion. Achieving this would lower their break-even point to a point that selling 300,000 vehicles would […]
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The Nottingham-born brand was once synonymous with bicycles but now finds itself insolvent and unknown by a new generation of cyclists. Insolvency proceedings have begun for the owner of the fallen cycling giant and follows sweeping redundancies made in 2024 as they closed its Nottingham headquarters in Eastwood. The 139-year-old company was once the biggest […]
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While July’s company insolvency statistics might initially seem like bad news, there’s actually still plenty to be optimistic about looking forward. July clocked 1,931 insolvencies across England and Wales, marking a 5% increase from the month prior (June recorded 1,845). However, looking at the bigger picture, this figure is still 5% lower than the same […]
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