River Island to Close 33 Stores Including Somerset Branch Following Court-Approved Restructuring Saturday, August 9, 2025 riverisland retail restructuring storeclosures highstreet fashion insolvency rescues ukretail leasing River Island is set to close 33 stores across the UK, including its Somerset branch on Taunton’s North Street, after receiving court approval for a significant restructuring plan. The closures also impact branches in the West … Read More
Somerset Council ‘Betting the House’ on Transformation to Avert Financial Crisis Wednesday, August 6, 2025 somerset council transformation bankruptcy budget austerity localgovernment restructuring publicservices governance Somerset Council is taking a high-stakes gamble on the next phase of its transformation programme to prevent an effective bankruptcy. Established in April 2023, the newly formed council inherited legacy systems and staff from … Read More
Poundland Announces 12 More Store Closures Including Second Somerset Location Saturday, August 2, 2025 poundland closures retail somerset taunton restructuring discount stores recovery uk Poundland, the leading discount retail chain, has revealed the next phase of its store closure plan, confirming that 12 additional shops will close, including a second Somerset location in Taunton. This follows the recent … Read More
Somerset Poundland Closure Confirmed as Chain Announces Third Wave of Store Shutters Monday, July 28, 2025 poundland closure somerset wells retail stores jobs restructuring discount company Poundland has confirmed the closure of its Wells store in Somerset as part of a broader third wave of store closures. Announced this week, the plan will see 68 stores across the UK shut their doors permanently, with 32 … Read More
ITV Accelerates Cost-Cutting Amid Significant Profit Decline Thursday, July 24, 2025 itv finance profit costcutting advertising broadcasting digital restructuring revenue market Broadcaster ITV has intensified its cost-cutting measures following a steep decline in half-year profits. The company, known for popular shows like Britain’s Got Talent and Love Island, announced an additional £15 … Read More
River Island Announces Closure of 33 Stores Including Somerset Branch Amid Restructuring Wednesday, June 25, 2025 riverisland retail storeclosures somerset restructuring highstreet fashion jobs onlineshift business River Island has revealed plans to close 33 of its UK stores, including the Taunton branch in Somerset, as it embarks on a significant restructuring to combat recent financial challenges. These closures are scheduled to take … Read More