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BIS advising on Southern Cross
Mandarins from the department of health have been advised by the government’s corporate finance unit – the business department’s Shareholder Executive branch – ahead of a crunch meeting today with embattled care home operator Southern Cross. The struggling firm will meet with the government, as well as landlords and HM Revenue & Customs, to discuss its future today. The Shareholder Executive is best known for having advised on plans to save car maker MG Rover.