
Asda faces financial challenges as £900m Walmart repayment looms
Concerns are growing over Asda’s financial stability as the UK supermarket giant faces a £900 million repayment to its former owner, Walmart, by 2028.
The latest news affecting small and medium sized (SME) businesses in the UK

Concerns are growing over Asda’s financial stability as the UK supermarket giant faces a £900 million repayment to its former owner, Walmart, by 2028.

Young professionals are leaving the UK in favour of sunnier climates and more favourable tax regimes in Southern Europe, according to Vlad Yatsenko, the billionaire co-founder…

In a move set to captivate audiences across the nation, Lord Alan Sugar's remarkable journey from modest beginnings to becoming one of the UK's most prominent…

On The Tools apologises after criticism for hiring women in revealing construction-themed costumes at industry event, highlighting ongoing gender issues in the sector.

Zoopla predicts a 2.5% increase in UK house prices in 2025, with the north-south divide persisting, as buyers rush to beat upcoming stamp duty hikes.

Former Chancellor George Osborne is among partners at investment firm Robey Warshaw sharing a £30 million payout following a surge in profits.

The UK's Gambling Commission is preparing to settle a £200 million legal claim from media mogul Richard Desmond regarding the awarding of the National Lottery licence,…

Conservative MP calls for increased investment in technology to reduce reliance on low-paid migrant workers, highlighting automation as a means to boost efficiency and lower net…

UK consumer and business confidence declines as Labour's tax-raising budget sparks concerns over hiring, rising costs, and economic growth prospects.

UK drivers are paying more for fuel due to high retail margins, says the CMA. Learn how weakened competition affects pump prices and what measures are…

UK car production falls for the eighth consecutive month amid challenges in transitioning to electric vehicles. Stellantis announces closure of Luton plant, highlighting pressures from stringent…

A new House of Lords report urges UK high streets to move beyond retail, embracing leisure, public services, and collaborative strategies to reverse decline. Discover key…

An industry expert warns that Rachel Reeves's "tractor tax" could impact 2,500 farmers annually—five times more than government estimates—due to flaws in the Treasury's analysis of…

Aston Martin issues profit warning and announces £210m fundraising. Discover how delays in supercar deliveries and new financing plans impact the luxury carmaker's financial outlook.

Vauxhall's parent company Stellantis announces closure of Luton van plant, putting over 1,100 jobs at risk amid UK's stringent electric vehicle mandate pressures. Discover the implications…