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Brakes firm Surface Transforms files administration notice and warns on job cuts after GM contract loss

Knowsley firm hires restructuring advisers and starts 'cost rationalisation exercise'

John Lewis reinstates staff bonus as profit rises to £134m but retail giant remains 'cautious' on outlook

The partnership, which also owns Waitrose, made a £134m profit in the year to January 2025, up six per cent from the year before

On the Beach shares fall as it tears up profit guidance amid Middle East crisis

Retail & High Street

The online travel agent has scrapped its profit guidance for the forthcoming year after warning that conflict has sparked a sharp slowdown in bookings to Turkey, Greece, Cyprus and Egypt

Michelin-starred Midlands chef Aktar Islam to open new restaurant in Bristol

Kush Bristol will be located in the former home of The Mint Room on Clifton Road

Gary Neville's Relentless plans new city centre neighbourhood around landmark Kendals building

Scheme includes refit of landmark Kendal Milne store in Deansgate

Labour's housebuilding target 'impossible' says construction boss

Breedon Group CEO Rob Wood warns Labour's 1.5m homes target will fail due to lack of government support for construction industry, cement supply threats and falling housing stock additions

US group named as preferred bidder for Sheffield Wednesday

Insolvency and Administration

Billionaire businessman David Storch is leading the bid

Birmingham named one of Europe’s fastest growing cities with praise for city's 'bold signals of intent and momentum'

ING ranks Europe's most talked-about cities

Legal & General share price falls as profits miss expectations

FTSE 100 insurance giant's operating profit rises 6% but falls short of analyst forecasts

Rhun ap Iorwerth on how a Plaid Welsh Government would boost the economy

Addressing a meeting of Cardiff Business Club he gave more details on Plaid Cymru's business and economic priorities

Why coffee shops could buck the hospitality trend as people are 'demanding better and better'

Leaders from Bold Street Coffee and Coffee House join debate at Northern Restaurant & Bar showcase

Wales needs it own industrial strategy say Liberal Democrats

Economic Development

The Welsh Liberal Democrats said a strategy needs to support heavy industry and manufacturing that makes up 15% of the Welsh economy