UK Business News

Carphone Warehouse co-founder David Ross has resigned as deputy chairman of the company after failing to declare that he had pledged shares that he owns in the company against personal loans.
It appears that Ross has also failed to disclose similar arrangements for his shares in National Express, of which is chairman, along with Big Yellow [...]

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Administrators acting for Woolworths are to cut 450 jobs from the support operations based in London and Rochdale amid ongoing talks aimed at finding a buyer for the group.
Deloitte said that it was in talks with ’several parties’ interested in buying the chain as well as potential bidders for some of it’s outlets, thus fuelling [...]

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Pinnacle Entertainment the UK independent record label distriubutor has been declared bankrupt leaving 94 employees without jobs and putting the future of hundreds of indie record labels in jeopardy.
Pinnacle was the distributor responsible for releasing records for over four hundred indie labels, the independent labels trade body AIM are meeting today to discuss how the companies affected [...]

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In the current economic climate it is not too often you get to hear about a success story of a small business in the UK, especially when their main competitors are global brands such as Nike.
But Golf Refugees have managed to succeed where others have failed by creating an original product.
Golf Refugees launched the original [...]

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