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.
Jeremy Hunt and Rishi Sunak’s uphill task just got a bit steeper February 15, 2024 Rates will come down - probably in May, maybe in June - but they will take time to filter through to the wider economy. With an election looming, can the Tories expect anything to turn up?
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.
Parcel deliverer Yodel saved from brink by fast growing rival Shift February 13, 2024 Parcel delivery group Yodel has been saved from the brink of collapse by rapidly-scaling competitor Shift overnight.
More London mansions up for sale as billionaires go bankrupt February 12, 2024 A Kensington mansion has become the capital's latest luxury property to go up for sale in insolvency proceedings as wealthy London homeowners face their assets being liquidated to pay down debts.
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.
Retail: Insolvencies expected to ‘uptick’ as market consolidates amid Superdry and Ted Baker trouble February 12, 2024 Less than two months into 2024 and six UK retailers have already gone bust, with a further two warning they may fall into trouble, as experts warn the market will “continue to see an uptick in insolvencies”. According to figures from Centre of Retail Research, over 400 job roles have been impacted by retailers shutting [...]
Adnams hires City advisers to search for new funds February 11, 2024 Adnams, one of the UK’s largest brewers, has appointed advisers to help it attract new funds to shore up its bottom line.
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