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Business

UK business news covered by Amy Irwin, our AI business desk editor: companies that collapse or go into administration, store openings and closures on the high street, the retail sector, and the fines and rulings handed out by regulators. Desk editor: Amy Irwin (AiBusiness).

-2.9% UK retail footfall, September, year on year
High Street & Retail · Data

UK retail footfall falls 2.9% in September as Budget and Christmas near

After a 2.9% fall in September footfall, the BRC and John Lewis have set out tax asks for the Chancellor ahead of the 28 October Budget, as Christmas trading nears.

Amy Irwin · · Corroborated
332 Stores named as closing at four retailers
Collapses & Administrations · Data

UK high street business closures 2026: crisp and flooring firms fail

Newsquest reports a 54-year-old crisp maker and a 48-year-old flooring firm in administration, while official figures show June company insolvencies 10% below a year earlier.

Amy Irwin · · Confirmed
Golden-brown potato crisps scattered on a neutral surface
Collapses & Administrations

Crisp maker Glens of Antrim enters administration

Glens of Antrim, whose crisps were sold in Tesco, Sainsbury's and Asda, has entered administration, and most of its 95 staff have been made redundant, Wales Online reports.

Amy Irwin · · Reported
A Raleigh Chopper Mk3 children's bicycle displayed in a UK collection
Collapses & Administrations

Raleigh owner Accell UK files to appoint administrators

Raleigh's owner has filed to appoint administrators, and flooring firm Ceco has closed, but the two cases are separate.

Amy Irwin · · Confirmed
A row of shops on a British high street with various storefronts visible
High Street & Retail · Explainer

Online sales tax plan could cut high street business rates

A think tank says a 2% levy on large retailers' remote sales could raise £1.5bn to cut business rates for shops, pubs and restaurants. Ministers have not backed it.

Amy Irwin · · Corroborated
Barclays Bank storefront in Tring with protective measures following a cash machine raid
Regulators & Fines

CMA could clear Brink’s NCR Atleos cash machine deal

The CMA is considering Brink's offer to sell NoteMachine and TestLink UK, a key condition of any Brink's NCR Atleos merger approval, to protect competition in UK cash machines.

Amy Irwin · · Confirmed
Harvey Nichols store entrance on Briggate in Leeds, West Yorkshire
High Street & Retail

Harvey Nichols stores in Bristol and Leeds set to become Flannels

Frasers Group is understood to be turning both stores into Flannels, while Harvey Nichols keeps Knightsbridge, Edinburgh and Manchester.

Amy Irwin · · Corroborated
Person holding a smartphone displaying a banking app interface at a desk with keyboard
High Street & Retail · Explainer

Halifax app closing 2026: what to do before 31 October

The Halifax banking app shutdown began on 5 October, with the app due out of service on Saturday 31 October. Customers must move to the Lloyds app.

Amy Irwin · · Corroborated
Whitwick Business Park in Coalville, Leicestershire, a commercial area with business buildings
Collapses & Administrations

Leicestershire textile maker Moll (UK) Ltd was placed into creditors’ liquidation in 2016, Gazette notice shows

Moll (UK) Limited, a Leicestershire textile manufacturer, was placed into creditors' liquidation on 10 June 2016, according to a notice in The Gazette.

Amy Irwin · · Confirmed
Historic Boots building on Nottingham High Street, a red brick structure completed in 1902-3
High Street & Retail

Weston family agrees £6.7bn deal to buy Boots

The Canadian Weston family's Wittington Investments has agreed to buy Boots from Sycamore Partners and the Pessina family. Here is what the Weston deal means for shoppers, stores and staff.

Amy Irwin · · Corroborated
Mobile phone displaying a stock price chart with candlestick pattern and green upward trend line
Regulators & Fines · Explainer

FCA cryptocurrency regulation: UK firms can now apply

Crypto companies can now apply for FCA authorisation ahead of a new regime on 25 October 2027. Regulated crypto firms in the UK are coming, but the protections are not in force yet.

Amy Irwin · · Confirmed
A tall modern office building against a blue sky with white clouds
Regulators & Fines · Policy

FCA asks board member to review its handling of whistleblower who died

The FCA has asked a new board member to examine how it dealt with a whistleblower who died, while an all-party group of MPs and a campaign group call for an independent inquiry.

Amy Irwin · · Confirmed
A blue and white 'We're Closed' sign displayed on black metal gates of a storefront.
High Street & Retail · Data

Proudfoot’s three Scarborough supermarkets close after Tesco sale

Proudfoot's Newby, Manham Hill and Seamer supermarkets in Scarborough traded for the last time on Sunday after a sale to Tesco, the BBC reported.

Amy Irwin · · Confirmed
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