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Mamas & Papas has announced it’s going into pre-packed administration and will close six of its UK stores. 73 members of staff were instantly made redundant with another 54 jobs currently at risk. The stores to close are in Aberdeen, Fareham, Leamington, Lincoln, Milton Keynes and Preston; and Mamas and Papas admitted it was necessary…

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A recent survey of 292 companies, from trade body Make UK and BDO, has highlighted a “nosedive” for British manufacturing. Orders and investments have slowed, partly due to a global downturn but also due to the ongoing Brexit crisis. Domestic new orders declined in the third quarter for the first time in three years and…

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The government has been warned that the post-Brexit environment could create the “perfect storm” for SMEs in the construction industry, by The Specialist Engineering Contractors’ (SEC) Group. SEC, which represents the largest sector in UK construction, has cited that late or non-payments, along with hikes in material costs will await construction SMEs post Brexit. Also,…

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High-end department store chain John Lewis has issued a warning that a no-deal Brexit will greatly impact its stores, as the retailer reveals its first half-year loss. Pre-tax losses of £25.9m were reported by the chain, which also owns Waitrose. These losses occurred in the 6 months leading up to the 27th of July this…

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Many contractors are still confused as to how exactly the IR35 tax changes for the private sector will impact their income and their business. The new changes are due to come into effect in April 2020, but recently UK pharmaceutical giant GlaxoSmithKline (GSK) has become the centre of a tax crackdown on so-called “disguised employment”. …

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