Lex Greensill sues government over alleged ‘misuse of private information’ March 5, 2024 The founder of Greensill Capital, Lex Greensill, has filed a lawsuit against the Department for Business and Trade over the alleged "misuse of private information".
Thames Water refuses to be drawn on claims it’s lobbying Ofwat and Defra for ‘regulatory easements’ February 28, 2024 Thames Water declined to comment when asked if the claims first reported by the Financial Times were true.
India is a haven of entrepreneurial spirit, working together can only benefit us both February 19, 2024 India's entrepreneurial excellence combined with the City's world-leading financial services is a recipe for success, writes Michael Mainelli.
Monthly insolvencies tick up again as firms feel the brunt of the Bank of England’s interest rate hikes February 16, 2024 According to figures from the Insolvency Service, there were 1,769 company insolvencies in January, five per cent higher than in the same period last year driven by an increase in forced closures.
Sir Adrian Montague: Chairman of Thames Water parent company Kemble quits February 16, 2024 He has also stood down as director of each of Kemble's subsidiaries, apart from TWUL and Thames Water Utilities Holdings Limited.
RSM and Quantuma alleged to be involved in the tip-off scandal at Insolvency Service February 12, 2024 It is alleged that employees at an accounting firm and a corporate advisory group received tip-offs from staff at the Insolvency Service.
Evri: Private equity owners prep parcel giant for £2bn sale February 11, 2024 Evri's private equity owners are prepping a mega £2bn sale of the parcel delivery firm, according to reports.
Business failures are at a 30-year high – but are we past the peak? February 10, 2024 Insolvencies are at their highest rate since 1993, but what does the future look like for small and microbusinesses, asks David Fleming
EY warning: Higher interest rates could cost UK firms £25bn over next three years February 6, 2024 Luke Reeve, partner and head of debt advisory at EY, said the adjustment will be "untenable" for some.
Insolvencies forecast to hit 33,000 in 2024 despite improving economic outlook February 5, 2024 According to new forecasts from the Centre for Economics and Business Research (CEBR), there could be more than 8,000 insolvencies per quarter in 2024.