Titanic builder Harland and Wolff to enter administration
Harland and Wolff has entered administration for the second time in five years, resulting in significant job losses but operational continuity for shipyards. [ more ]
Harland and Wolff who built the Titanic are set to move into administration - London Business News | Londonlovesbusiness.com
Harland and Wolff is entering administration, with job losses imminent despite ongoing efforts to support its staff and secure future operations. [ more ]
The Body Shop's German arm falls into administration
The Body Shop's European businesses are shutting down, with German stores in administration and Belgian staff at risk of losing their jobs.
Most of the European operations were sold to an undisclosed buyer, later revealed to be Alma24, a company controlled by an executive with close links to Aurelius. [ more ]
Titanic builder Harland and Wolff to enter administration
Harland and Wolff has entered administration for the second time in five years, resulting in significant job losses but operational continuity for shipyards. [ more ]
Harland and Wolff who built the Titanic are set to move into administration - London Business News | Londonlovesbusiness.com
Harland and Wolff is entering administration, with job losses imminent despite ongoing efforts to support its staff and secure future operations. [ more ]
The Body Shop's German arm falls into administration
The Body Shop's European businesses are shutting down, with German stores in administration and Belgian staff at risk of losing their jobs.
Most of the European operations were sold to an undisclosed buyer, later revealed to be Alma24, a company controlled by an executive with close links to Aurelius. [ more ]
Port Talbot: Labour's deal for steel workers explained as 2,500 job losses announced
Over 2,500 jobs are being lost in Port Talbot as Tata Steel implements a new plan with government support, prompting concerns about worker protection. [ more ]
US inflation cools to 2.5%, its lowest since February 2021 business live
The current government has made more progress in the steel industry in two months than the last government did in years, but acknowledges the deal isn't ideal. [ more ]
Port Talbot steelworks: blast furnaces to close, costing up to 2,800 jobs
The Port Talbot steelworks in Wales will shut down its blast furnaces, resulting in the loss of up to 2,800 jobs and significant impact on the community.
Tata Steel, the parent company, deemed the trade union's proposals to continue production at the plant unfeasible and unaffordable during the transition to greener steelmaking operations. [ more ]
Port Talbot: Labour's deal for steel workers explained as 2,500 job losses announced
Over 2,500 jobs are being lost in Port Talbot as Tata Steel implements a new plan with government support, prompting concerns about worker protection. [ more ]
US inflation cools to 2.5%, its lowest since February 2021 business live
The current government has made more progress in the steel industry in two months than the last government did in years, but acknowledges the deal isn't ideal. [ more ]
Port Talbot steelworks: blast furnaces to close, costing up to 2,800 jobs
The Port Talbot steelworks in Wales will shut down its blast furnaces, resulting in the loss of up to 2,800 jobs and significant impact on the community.
Tata Steel, the parent company, deemed the trade union's proposals to continue production at the plant unfeasible and unaffordable during the transition to greener steelmaking operations. [ more ]
LL Flooring, formerly Lumber Liquidators, is going out of business and closing all of its stores
LL Flooring, after filing for Chapter 11 bankruptcy, is winding down operations and closing all remaining stores due to failed negotiations for a buyer. [ more ]
North Sea firms claim windfall tax risks 35,000 jobs and 12bn in tax receipts
The North Sea industry warns that increasing the windfall tax would severely impact investment, leading to significant job losses and a drop in tax revenues. [ more ]
British steel to cut 2,500 jobs despite 600m taxpayer-funded green initiative
British Steel is closing its Scunthorpe blast furnaces, jeopardizing 2,500 jobs while transitioning to greener steel production despite prior taxpayer support. [ more ]
LL Flooring, formerly Lumber Liquidators, is going out of business and closing all of its stores
LL Flooring, after filing for Chapter 11 bankruptcy, is winding down operations and closing all remaining stores due to failed negotiations for a buyer. [ more ]
North Sea firms claim windfall tax risks 35,000 jobs and 12bn in tax receipts
The North Sea industry warns that increasing the windfall tax would severely impact investment, leading to significant job losses and a drop in tax revenues. [ more ]
British steel to cut 2,500 jobs despite 600m taxpayer-funded green initiative
British Steel is closing its Scunthorpe blast furnaces, jeopardizing 2,500 jobs while transitioning to greener steel production despite prior taxpayer support. [ more ]