Chicken Chaos!

KFC has been forced to close many of its stores as they have run out of chicken! This seems a bit crazy, right? The issue started when they switched their delivery contract to DHL. DHL have blamed the supply disruption on “operational issues”. The BBC has reported that 646 out of the 900 UK outlets are closed due to this disruption and it’s unclear how many more may be affected.

Profit warning after profit warning...

Isn’t business life stressful enough? Uncertainty in the global economy, profit warnings, Brexit and Trump! These are some of the issues that can cause headaches for any business owner and employees. Businesses right now are having to make big decisions.

Profit warning for Carpetright

Shares of Carpetright have dropped 40% following a profit warning for full-year accounts. A decline in UK trade after the Christmas period accounts for much of the loss. Profits are now likely to be between £2-6 million compared to original estimates of £14 million.

The Collapse of Carillion

Carillion, a very large construction company has gone into liquidation. It would seem they have been struggling for a long time as their share price plummeted from over 200p to 14p in the past year. The trouble started after Carillion lost money on large contracts and in turn ran up vast debts.