Category : Search result: business collapse


Unimetals liquidation puts 650+ UK jobs at risk

Over 650 UK jobs are in jeopardy after scrap metal firm Unimetals filed for compulsory liquidation. The company failed to find a buyer after struggling with market pressures.

Norfolk village homes collapsing into sea

Hemsby residents watch their properties vanish as coastal erosion accelerates. Meet the retirees who bought doomed cliffside homes despite the clear danger.

MEVCO EV Company Collapses Owing Millions

Exclusive investigation into the shocking downfall of MEVCO, the electric vehicle company that left creditors facing millions in losses amid allegations of financial mismanagement.

Myleene Klass's Meal Kit Company Collapses with £2.5M Debt

The celebrity-backed meal kit company supported by Myleene Klass has plunged into liquidation, leaving creditors including major supermarkets facing substantial losses and revealing the harsh realities of the competitive food delivery market.

Ancient Roman Tower Collapses Near Imperial Forums

A significant portion of Rome's medieval Torre dei Conti has collapsed near the Imperial Forums, raising urgent questions about Italy's cultural heritage preservation. Emergency services are securing the area as investigations begin.

American Candy Giant Files for Bankruptcy Protection

Candy Warehouse Inc., one of America's largest confectionery distributors, has filed for Chapter 11 bankruptcy protection, citing pandemic impacts and changing consumer habits that have crippled the seasonal sweets industry.

Petrofac collapse puts North Sea jobs at risk

UK oil services company Petrofac enters administration, threatening thousands of North Sea jobs and sending shockwaves through Britain's energy sector amid ongoing financial struggles.

Manchester Building Collapse Sparks Mass Evacuation

Emergency services have launched a major operation in Manchester city centre after a building partially collapsed, forcing evacuations and road closures as structural engineers assess the safety of the area.

Spring Gully Foods collapses into administration

Iconic South Australian food manufacturer Spring Gully Foods enters voluntary administration, threatening 85 local jobs and casting uncertainty over beloved products including pickles, sauces and chutneys.

Scottish Business Confidence Hits Record Low

New survey reveals overwhelming pessimism among Scottish businesses as economic stagnation bites, with concerns mounting over rising costs and political uncertainty.

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