UK Business News

UK flooring retailer Floors-2-Go are thought to be in trouble after staff were called to an unexpected and ‘urgent’ meeting today.
The company has 135 stores throughout the country and it is believed that the business could be close to either entering administration or seeking further funding. The former sounds most likely following news last week [...]

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Norwegian Account Reconciliation Software experts Adra Match have announced the opening of a dedicated office in London after 20 years of trading in Norway.
Adra Match specializes in software for the correlation of data for the reconciliation of accounts within an organisation.
Account match can work independently while working with data from different sources and [...]

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Ryanair will cut its aircraft flying from London’s Stanstead airport from 40 to 28 and suspend operations at seven European airports, because of high fuel costs and airport charges.
The cut price Irish airline will also reduce it’s flights from Stanstead by 14% to 1,600. This is a repeat of last years winter season for Ryanair [...]

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The Co-op is making a comeback, big time, with a financial move that will make the business the fifth largest supermarket chain in the UK.
I have been around long enough to have seen the abundance Co-operative Society stores in town centres of the sixties and seventies reduced to a handful of small, off high street convenience [...]

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UK house builder Barratt Developments have continued yesterdays depressing news from Bovis and Redrow, by announcing the cutting of 1200 jobs within the company.
Barratts who employ 6700 say they are cutting 1200 jobs by closing two divisions of the business and merging other sectors. The business has been hit by a sharp drop in mortgage availability and the wider [...]

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