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Leon to close stores and cut jobs in restructure
Posted onLeon has announced it will close several of its restaurants and cut jobs as part of a major restructure of the High Street food chain. The company has appointed Quantuma as administrators after Leon’s original co-founder John Vincent reacquired the company last month from Asda. The move places the future of the worst performing of…
Two charged after collapse of funeral firm Safe Hands
Posted onTwo people have been charged following the collapse of a pre-paid funeral firm that left tens of thousands of people out of pocket. About 46,000 customers lost thousands of pounds when Safe Hands Plans Ltd collapsed in 2022 and fell into administration. The Serious Fraud Office (SFO) has charged two men – Richard Wells and…
No free bus passes for under 22s, says goverment
Posted onA proposed plan to trial free bus passes for under-22s in England will not go ahead as it is “unaffordable” at the moment, the government has said. The trial was one of a number of recommendations put forward by the Transport Committee, a cross-party group of backbench MPs, in a report this August – with…
I used my own savings to start Urban Air
Posted onThis as-told-to essay is based on a conversation with Michael Browning Jr., founder and CEO of Unleashed Brands. It has been edited for length and clarity. When I opened a trampoline park in Fort Worth, Texas, in 2011, it was the 6th trampoline park in the country, to my knowledge. Fourteen years later, it’s led…
Why luxury carmakers are now building glitzy skyscrapers
Posted onSameer HashmiBusiness reporter, Dubai Binghatti Properties The Bugatti Residences building in Dubai is currently under construction Bugatti is synonymous with high-performance, ultra-expensive supercars. But now the luxury French brand is entering a very different kind of race – not on the track, but in the skyline. In the heart of Dubai, in the United Arab…
