“The decision… follows numerous discussions with B.UK’s parent company, Penultimate Investment Holdings Limited (PIHL). The aim of these discussions, which were held over a long period and undertaken in good faith, had been to find a consensual solution and repayment of PIHL’s borrowing to Bank of Scotland.
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Who is Rishi Sunak?
admin, , Business, 0
“I was just out with my younger brother and younger sister, and I think, probably pretty young, I was...
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Liberty Steel to sell Stocksbridge plant to pay off lender
admin, , Business, 0
However, Liberty Steel insiders conceded that the launching of investigations into the relationship between Liberty and its now-defunct backer,...
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Elon Musk says Tesla has not signed deal with Hertz
admin, , Business, 0
You’re welcome! If any of this is based on Hertz, I’d like to emphasize that no contract has been...
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Water firms to say bill cap plan is ‘material risk’
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Water companies will say later today that a planned cap on bill increases would create a “material risk” they...
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HMV boss says more people buying DVDs and Blu-ray
admin, , Business, 0
More shoppers are buying Blu-Ray and DVDs of movies and TV shows despite the rise in streaming platforms, the...
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Older workers ‘see biggest jobs fall since 1980s’
admin, , Business, 0
Nye Cominetti, senior economist at the Resolution Foundation, added: “In the face of the current crisis, unemployed older workers...
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Michael Murray: New Sports Direct boss says High Street isn’t dead
admin, , Business, 0
Over four floors, Birmingham’s new Sports Direct looks like a high-tech department store for sport and fitness – a...
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All Wilko shops to shut with 12,500 jobs likely to go
admin, , Business, 0
Nadine Houghton, national officer at the GMB union, said: “Wilko was far more than a brand, a retailer or...
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