However, Liberty Steel insiders conceded that the launching of investigations into the relationship between Liberty and its now-defunct backer, Greensill, by both the Serious Fraud Office and the Financial Conduct Authority were complications in refinancing the UK’s third largest steel maker.
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Russian operator to suspend electricity supply to Finland
admin, , Business, 0
Demand is also decreasing as the weather gets warmer, while a significant amount of extra wind power generation is...
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UK train services cut due to Covid staff absences
admin, , Business, 0
Meanwhile, c2c’s website says that as well as improving reliability given increased staff sickness rates, the timetable it has...
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Covid: Ryanair losses grow and passenger numbers plunge
admin, , Business, 0
However, when flights did resume Ryanair said passenger confidence and forward bookings “were negatively impacted by the return of...
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Topshop owner Arcadia on brink of collapse
admin, , Business, 0
Topshop owner in talks to secure £30m lifeline
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How we pay the bills: Skipping meals and fewer car journeys
admin, , Business, 0
The weekly petrol bill for their car has gone from £20 to £30 a week, so she’s started to...
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Sports Direct founder Mike Ashley to quit Frasers’ board
admin, , Business, 0
Later that year, his public profile increased when he bought majority control of Newcastle United. However, his tenure was...
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UK economic growth slows sharply in February
admin, , Business, 0
Alpesh Paleja, lead economist at the CBI, a business lobby group, said: “Near-term challenges to the outlook have ramped...
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Biden: Infrastructure bill is ‘monumental step forward’
admin, , Business, 0
Of course, promises can be broken – and there’s still the possibility centrists could derail the spending package, either...
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