Business

Nearly 600 hospitality jobs have been lost following the rescue of the Revel Collective, after administrators confirmed the closure of 21 bars across the UK. Around 590 roles have been cut after the group, which trades under the Revolution Bars and Revolución de Cuba brands, fell into administration, with the remainder of the business sold off in a break-up deal. …

Sterling has surged to $1.38 against the US dollar, its strongest level since October 2021, as a combination of US economic disruption, shifting interest rate expectations and geopolitical uncertainty weakens the greenback. Currency analysts said the move has been driven more by dollar softness than by a sudden strengthening of the pound, creating what some describe as a rare buying …

UK businesses remained under intense financial pressure throughout 2025, with more than 28,000 insolvency-related activities recorded over the year, underlining the fragile state of the operating environment despite easing inflation. New figures from R3, the trade association for restructuring and insolvency professionals, show there were 28,616 corporate insolvency activities in 2025. While this was slightly lower than the 29,366 cases …

Small British defence companies are set to gain easier access to Ministry of Defence contracts after the government launched a dedicated unit to simplify procurement and boost spending with smaller suppliers. The Ministry of Defence has unveiled the Defence Office for Small Business Growth, a new service designed to cut through what ministers describe as labyrinthine procurement processes that have …

The Transport Committee has called on the Government to seize “once-in-a-generation” opportunities to secure the future skills pipeline for the UK’s transport manufacturing sector, amid mounting shortages and the rapid shift to cleaner technologies. In a new report published today, MPs warn that manufacturers across aerospace, automotive, rail and maritime industries are struggling to access the skilled workforce they need …

Peers have warned that the government’s proposed inheritance tax reforms covering pensions could place an unrealistic and potentially unmanageable burden on personal representatives, creating widespread delays, cashflow pressures and legal risk for those administering estates. In a report published today, the House of Lords Economic Affairs Finance Bill Sub-Committee examined the tax administration and practical implications of measures in the …

BMW has always been known for a refined and engaging driving experience. Tyres contribute far more to this experience than many drivers think. As we head into 2026, tyre technology continues to evolve, offering better grip, durability, and efficiency. Choosing the right BMW tyres is key to performance, safety, and everyday comfort, especially on diverse UK roads. Even the most well-maintained BMW can start to feel different over time, and tyres are often the reason. …

A growing demand for efficiency and convenience has influenced pharmacies in the same ways as e-commerce and restaurants. Patients expect speed, access, and transparency. Those searching for a way to give their pharmaceutical business a boost should consider hiring a delivery driver for pharmacy, as they can expand reach, improve access for vulnerable groups, reduce barriers, and attract new customer …

Founded in 2013 by Josh and Georgie Kelsey in Brooklyn’s Williamsburg neighborhood and Manhattan, Fount Church began as a small, relational experiment. The Kelseys did not start with a large platform or a complex structure. They started with dinner tables. Their early gatherings were informal and intentional. Friends and neighbours met in homes to share meals, conversation, and faith. Over …

Growth is thrilling until the numbers become illogical. Orders increase, revenue rises, and the team grows, but for some reason, money becomes more scarce and choices become more difficult. This gap between apparent success and real financial health causes many ambitious businesses to falter just when they ought to be growing. Poor visibility into what the money is actually doing …