“We are still refining the details with my management team and our external advisors, but preliminary indications are that the steel manufacturing and processing operations would need in the range of £170m to fund working capital and some additional capital to fund operating losses in the short term, which we are in the process of finalising.”
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Nissan to lead £2bn investment in UK electric car plant
admin, , Business, 0
Lei Zhang, chairman of AESC, said the firm had launched a feasibility study on expanding its gigafactory operations in...
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BT faces £600m lawsuit over ‘historic overcharging’
admin, , Business, 0
“Ofcom, which has a statutory duty to stop consumer abuses, could have done the same for these customers. Instead,...
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Rural buses: Councils opt for ‘on-demand’ services in face of cuts
admin, , Business, 0
Philip Hiscock, who has kept a close eye on transport options around Wiltshire for years, says it is better...
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BP closes some sites due to lorry driver shortage
admin, , Business, 0
“The driver shortage is a very serious issue that needs urgent government and industry action to resolve, however, we...
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The experiences replacing closed High Street stores
admin, , Business, 0
And he says there’s no single party that can solve the problem: “This needs people to come together. I...
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Topshop: ‘I haven’t bought clothes in a shop for years’
admin, , Business, 0
Even her fiancé Matt, who tends to find the crowds and the loud music in physical shops a bit...
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Covid firm ‘sorry’ for negative test results error
admin, , Business, 0
But a BioGrad spokeswoman added: “While we have apologised for our part in this issue, the certification issued by...
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‘Another lockdown would be disastrous for our business’
admin, , Business, 0
Image copyright Arc Inspirations Image caption Martin Wolstencroft says restaurants have no idea how to plan for Christmas A...
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