City Giving Day brings philanthropic flair to the Square Mile Charity The City of London swapped suits for spandex, bells, and bingo this week as City Giving Day rolled out across the Square Mile. The annual celebration, now a cornerstone of The Lord Mayor’s Appeal, saw hundreds of firms and thousands of participants engage in activities that blended philanthropy with light-hearted competition. The Lord Mayor launched [...]
Insolvencies ease in signs of UK businesses’ resilience Economics Insolvencies declined slightly in June in signs UK businesses under pressure from higher costs have weathered through tax rises and low national spirits. In new data published by the Insolvency Service, company insolvencies fell by eight per cent in June compared to the month before. The number of insolvencies – 2,043 – was also 16 [...]
Monthly UK insolvencies remain stubbornly high ahead of Budget Economics The release noted that monthly insolvency numbers so far in 2024 have been similar to 2023, which saw the highest annual number of insolvencies since 1993.
FRP Advisory financial results soar from mostly organic growth July 24, 2024 Double-digit growth all-round for FRP Advisory Group as it had a "very positive" year across all of service lines, with revenue shooting up by 23 per cent
The Body Shop: What next for high street icon as tycoon eyes rescue deal? July 11, 2024 The future of collapsed high street icon The Body Shop could be decided in the next two weeks as it emerged that British tycoon Mike Jatania was in exclusive talks to rescue the brand.
Convicted Dominic Chappell ordered to repay at least £50m over BHS collapse June 26, 2024 The man who bought BHS from Sir Phillip Green for £1 (one pound) has been ordered by a court to repay the administrators at least £50m over its collapse.
Former BHS directors hit with multi-million pound ‘wrongful trading’ ruling June 11, 2024 In a landmark ruling, the High Court has delivered a damning verdict against the former directors of BHS Group, eight years after it collapsed
FRP Advisory double digit growth as administrations soar May 17, 2024 FRP Advisory Group reported double digit revenue and profit growth, as it is one of the country's leading restructuring firms
Mark Kleinman: FCA row risks casting shadow over City set-piece May 16, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Losses at Coventry arena revealed after Mike Ashley’s takeover as turnaround continues May 7, 2024 The Coventry Building Society Arena lost more than £4m in the first six months after being acquired by Mike Ashley, it has been revealed.