Revealed: Natwest banked company used by MFS founder to ‘siphon off’ funds Banking Natwest provided banking services to a company allegedly used by the founder of collapsed property lender MFS to divert investors’ cash and “siphon off” funds, City AM can reveal. The bank held the day-to-day account for Twinwin, a company that was allegedly used by Market Financial Solutions founder Paresh Raja to generate fees from clients’ [...]
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 [...]
The Body Shop: Full list of stores to close as almost 500 jobs cut Retail The locations of The Body Shop stores which are to close following the brand's collapse into administration have been revealed.
The Body Shop to close nearly half of UK stores – with seven to shut immediately February 20, 2024 The joint administrators of The Body Shop have revealed plans to restructure the high street retailer which will see a raft of stores close and hundreds of jobs lost.
The Body Shop prepares to slash jobs and close stores as administration confirmed February 13, 2024 Hundreds of jobs are expected to be lost and stores closed as The Body Shop officially entered administration.
NHS pharmacy chain owed £40m before it was bought out of administration February 8, 2024 An estimated £40m was owed by NHS pharmacy chain Medipharmacy before it collapsed into administration and was rescued, it has been revealed.