
Shropshire and Warwickshire pubs close after parent company folds
The George and the Navigation Inn posted identical statements to their websites and social media pages."Following the appointment of the Joint Administrators on Monday 21st July 2025 this site has ceased to trade and is now closed," it read.
"Ross Connock, Mark James Tobias Banfield and Tom Crookham have been appointed as joint administrators of Oakman Inns and Restaurants Limited and Oakman Dev Limited to manage their affairs, business and property as their agents and without personal liability."The statements directed the public to the PwC website.In a post on social media, a member of staff from The George said: "A big thank you to all of Ludlow! To everyone who supported us and made us smile. It's unfortunate that we've had to close, but we're truly grateful to each and every one of you. Thank you!"The administrators said challenging conditions, such as the Covid pandemic which led to closures and "restricted trading", meant the company had to take out "additional borrowings to stabilise the business and preserve its operational footprint".The firm added it had sold one "freehold property and 13 leasehold sites to Upham Group Limited", which had secured 531 jobs.This included The Beech House, Solihull, and The Four Alls, Welford-on-Avon, Warwickshire.
Follow BBC Shropshire on BBC Sounds, Facebook, X and Instagram.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Guardian
2 hours ago
- The Guardian
Canada braces as tariff deadline looms and talks with the ‘chaos machine' in the US drag
After months of tariff threats from the US and escalating trade tensions that have sowed anger in Canada and fractured a once-close alliance, the country is now fast approaching a 1 August deadline to reach a deal with the Trump administration – which has shown no signs of backing down. And observers are keeping a close eye on negotiations this week to determine whether too large a chasm has grown between the countries, resulting in what could be an explosive end to what was decades of free-flowing trade. Canada is also in a highly vulnerable position, as it has closely intertwined its economy with the US's, and is extremely reliant on a low-barrier trade environment, said William Huggins, an assistant professor in economics at McMaster University in Ontario. 'Canada has tried to negotiate sort of forcefully from a position of not acquiescing to every demand, but by the same token, has also realised it's not in the strongest position to do so … We've had to navigate carefully,' said Huggins. The Canadian public is also anxiously awaiting the deadline to strike up a deal. Economists and political scientists say the country's prime minister, Mark Carney, was elected on the belief that he's the right person to be at the helm of negotiations and lead Canada through a tenuous period with their southern neighbour. His successes or failures in this arena could affect public perception – as he has characterised his government as being the most adept in the crisis around its sovereignty due to the tariffs and Donald Trump's persistent claims that he'd like to make Canada the 51st state. '[Carney] is in a situation where he doesn't hold all the cards and whoever we put in was going to have to figure out a way through this … [His] ability to plan is severely limited by the chaos machine that is operating south of the border,' said Dennis Pilon, the chair of the politics department at York University in Ontario. On Monday, Carney said at a news conference on Prince Edward Island that the trade negotiations are at an 'intense pace' and that they are 'complex'. But he projected tentative optimism, stating that the negotiations are 'tough' because the government is standing up for Canadian interests. 'There is a landing zone that's possible but we have to get there. We'll see what happens,' he told reporters. But Trump spoke of the negotiations flippantly when asked by reporters outside the White House last Friday. 'We haven't really had a lot of luck with Canada … Canada could be one where there's just a tariff, not really a negotiation,' he said. So far, much of the talks have happened behind closed doors. There was a glimpse into what could be the dynamic between Carney and Trump when the prime minister had his first meeting with the president in the Oval Office in early May. There were positive tones in both initially offering praise for each other, but the encounter quickly grew tense as Trump repeated his annexation claims, which were subsequently rebuffed by Carney. Since March, Trump has imposed several tariffs on Canadian goods and energy resources. There is a 25% tariff on all goods, excluding potash and energy products. But there's separately a 10% tariff on energy resources, including potash. Additionally, there's a further 50% tariff on steel and aluminum imports and a 25% tariff on autos and auto parts. At this stage, the tariffs have seemingly not delivered a significant blow to Canada's economy, but that could change quickly. The Royal Bank of Canada noted in its June forecast that nearly 90% of Canadian goods are exempt from tariffs under the United States-Mexico-Canada Agreement (USMCA), the free trade deal that replaced Nafta in 2020 and which provides a degree of insulation. In an assessment published by the Toronto-Dominion Bank (TD) on Tuesday, it reported that energy exports have not been significantly affected by the tariffs, as most exports are compliant under the USMCA, and are therefore exempt from tariffs. Some of the insulation so far from tariffs could be from opening Canada up to other markets. TD said that in the past four months, Canadian businesses rapidly moved to reorient supply chains and export to non-US markets. Now about 30% of exports go outside the US – a level not seen since the pandemic, when TD notes there was disorientation in trade. But TD also warned that the negative effects of the tariffs might be beginning to emerge. It said that Canadian exports to the US are 'generally underperforming' in tariff-targeted industries, particularly steel and automaking. Canada's auto exports fell to levels not seen since late 2022, following the April imposition of tariffs. Automakers have also 'slashed' production in response, it said. Andrea Lawlor, an associate professor of political science at McMaster University, said that while there haven't been many layoffs or a complete reorientation of production lines yet, industries targeted by tariffs are preparing to do so. Lawlor also said that Carney has been prudent in his negotiation strategy so far, and right in waiting for deals to be brokered between the US and other nations, as they were this month with Japan and the EU, to help inform Canada's strategy. Sign up to This Week in Trumpland A deep dive into the policies, controversies and oddities surrounding the Trump administration after newsletter promotion And despite concerns about marred relationships with First Nations people, pushing forward controversial infrastructure legislation and his quick scrapping of Canada's digital services tax – which many, including top former diplomats, viewed as fawning capitulation toward Trump – the prime minister is still enjoying fairly positive polling in his term's infancy. Abacus Data reported at the end of June that 52% of Canadians surveyed approve of the Carney government. The research firm states it shows that his post-election honeymoon period is 'far from over'. Lawlor said the best outcome for Carney in the negotiations is a favourable trade deal – however, there has been signalling from Carney, in his discussion of 'tough' talks so far, that Canadians may have to accept a baseline of tariffs. 'Many Canadians just simply will not be satisfied if that is the outcome,' she said. But due to Carney facing limited criticism of his interactions with the Americans so far, Lawlor said she believes the prime minister will not face extreme negative blowback if he doesn't trounce tariffs for good this week. But he will be more vulnerable if the tariffs start to place downward pressure on multiple industries, she said. As Canadians are waiting and watching for the Friday deal deadline, the real fears are around the cementing of a new world order and whether long-term business and consumer decisions need to be made in response, said Preetika Joshi, an assistant professor at McGill University in Quebec that specialises in taxation. 'If you were a business owner and you knew Trump is going to be in power for only three, four years, would you necessarily make big, significant changes in your supply chain … or would you just wait it out?' she said. But given some grim messaging from those close to Carney – Canadians might be facing tough decisions. Dominic LeBlanc, the federal minister responsible for Canada-US trade, said last week there's a lot of work ahead of them and minimised the 1 August deadline. 'We're going to continue to work toward the 1 August deadline,' said LeBlanc to reporters in Washington. 'But all of these deadlines are with the understanding that we'll take the time necessary to get the best deal,' he said. Deal or no deal, the negotiations might reveal that there isn't a best-case scenario, said Joshi. 'What we were used to before Trump, where there were very little tariffs, that reality is slightly over,' she said. 'We'll have to wait and see … but the reality is that there are going to be some tariffs.'


BBC News
6 hours ago
- BBC News
Cycle and e-scooter hire scheme to be extended in West Midlands
A scheme that allows people to hire bicycles and e-scooters in the West Midlands will be extended. Transport for West Midlands (TfWM) will extend the contracts for the scheme by six months when it ends in October while it finds a new want the new agreement, which would come into effect from 1 April, not to rely on a public subsidy to keep the scheme going. A final decision on the future of the scheme will be taken by the West Midlands Combined Authority (WMCA) later in the year. The issue was discussed at the authority's transport delivery overview and scrutiny committee meeting on Leslie Kay said the scheme needed to consider safety, having witnessed '"reckless cycling" in pedestrian councillor Liz Clements said she supported the scheme and would be against any measures that discouraged said: "Because of the number of complaints I get from residents in my ward, I have not been a great fan of the e-scooters because I have some safety concerns about them."But I've come round to them because I've been presented with data that showed they were a significant factor in mode shift, and a lot of the journeys that are being made on e-scooters would otherwise be done by private car."While supportive of the scheme, Clements said she also shared concerns about the lack of a proper regulatory framework for e-scooters, which she hoped would be resolved by the government instead of continuing to extend pilot schemes. She added: "We need these micro-mobility schemes available to give people other options than just driving vehicles." This news was gathered by the Local Democracy Reporting Service which covers councils and other public service organisations. Follow BBC Coventry & Warwickshire on BBC Sounds, Facebook, X and Instagram.


Reuters
7 hours ago
- Reuters
Italy's Banca Mediolanum raises 2025 net inflows outlook
July 31 (Reuters) - Italy's Banca Mediolanum ( opens new tab forecast higher net inflows for 2025 after reaching asset under administration over 144.4 billion euros ($165.16 billion) in the first half of the year, it said on Thursday. The bank, which operates both domestically and internationally, now expects net inflows into managed assets between 8 and 8.5 billion euros, compared to the previous estimate in line with the figure of 7.64 billion euros achieved in 2024. The group also updated its net interest income (NII) target, now seen down by around 3% from last year, against the previously forecast decline of 5%. ($1 = 0.8743 euros)