Ferrexpo bullish on production output despite mounting legal actions March 25, 2024 Iron ore miner Ferrexpo is facing multiple lawsuits including unpaid supplier debts.
Saudi Arabia reportedly eyes up £2bn stake in Selfridges, Gucci owner denies interest March 22, 2024 Saudi Arabia is reportedly eyeing up a £2bn stake in Selfridges as the department store chain's co-owner faces insolvency, while luxury goods giant Kering has denied the claim that it is interested in the store.
Hundreds of jobs at risk as Ted Baker owner calls in administrators March 19, 2024 Hundreds of high street jobs could be placed at risk after the owners of Ted Baker filed a notice to appoint administrators.
Brew by Numbers, Black Sheep and Brick Brewery, spike in brewery collapses shakes sector March 18, 2024 According to data by accounting firm Mazars, last year (ending December 31), 69 UK breweries went insolvent, up from 38 a record for 2022.
‘Death by a thousand cuts’: UK insolvencies soar 17 per cent and exceed pandemic levels March 15, 2024 The government agency said this was higher than levels seen during the pandemic "while the government support measures were in place", with things like the furlough scheme. It is also higher than pre-pandemic figures.
What will get London workers back into the office? March 14, 2024 Last Friday, passengers began to travel with off-peak Tube and train fares and will be allowed to every Friday until 31st May, 2024. The new scheme – announced by Transport for London (TfL) at the end of January – is a bid to increase the number of people travelling on London transport after it was [...]
Government files director disqualification claim against Lex Greensill March 7, 2024 The Insolvency Service has filed a director disqualification claim against the founder of Greensill Capital, Lex Greensill.
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".
The Body Shop: Full list of stores to close as almost 500 jobs cut February 29, 2024 The locations of The Body Shop stores which are to close following the brand's collapse into administration have been revealed.
Mark Kleinman: This Post Office circus is obscuring the real drama February 29, 2024 The City's best connected columnist on the Post Office, confusion at the top of an insurer and why the Pru is looking at Hong Kong