Fortress Capital is a Ponzi scheme, administrators claim amid attempt to bankrupt directors July 8, 2024 Administrators of an investment firm that had been backed by celebrities and footballers have labelled it a Ponzi scheme, and will seek to bankrupt its two directors.
Lunchtime favourite Island Poke sold out of administration June 27, 2024 London-based Hawaiian food chain Island Poke has been sold in a pre-pack administration to a subsidiary of hospitality incubator White Rabbit Fun
Island Poke: London’s hot lunch spot files CVA to High Court May 23, 2024 Island Poke has ask Begbies Traynor to come in and provide advice for the business.
Double-digit growth for Begbies Traynor as business recovery booms May 21, 2024 Professional services restructuring specialist Begbies Traynor reported that revenue will increase by double-digits as the tough economy creates work for the firm
IAG: British Airways owner’s profit takes off ahead of bumper summer May 10, 2024 British Airways' owner the IAG has said it is "well-positioned" for another busy summer as profits rose sevenfold on strong demand.
Half-a-million UK firms ‘financially distressed’ and thousands face insolvency as they ‘pin hopes’ on rate cuts April 26, 2024 Nearly half a million UK businesses continue to face 'financial distress,' new research finds, with tens of thousands facing the possibility of insolvency within the next 12 months.
Primark owner ABF raises dividend as markets ‘return to normality’ April 23, 2024 Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results in the 24 weeks to 2 March.
Almost 500 jobs saved as private ambulance company sold out of administration April 22, 2024 Almost 500 jobs have been saved after a private ambulance company was sold out of administration.
Deal agreed to sell 235-acre failed Britishvolt site to US private equity giant Blackstone April 15, 2024 A deal has been agreed to sell the site of failed EV battery business Britishvolt in Northumberland to a US private equity giant.
Japanese retailer Muji eyes up pre-pack administration deal to keep UK stores open March 28, 2024 Japanese retailer Muji is lining up a deal to sell itself out of administration in a bid to keep its UK stores open.