Half a million firms in significant' financial distress as UK's economy stagnates
More than 550,000 British firms face financial distress due to high interest rates, low consumer confidence, and pandemic-induced debt, potentially leading to insolvency. [ more ]
Four London pubs go up for sale - including the Ten Bells
Four pubs run by East London Pub Co. have been put up for sale due to cost-of-living pressures and work from home initiatives.
The London bar scene has struggled to return to pre-pandemic levels as the inflation of alcoholic drinks reached its highest level since the early 1990s. [ more ]