It has issued a formal notice to its bondholders, but asked them to take “no creditor action” in order to enable a “stable platform” for negotiations. Companies sell bonds to investors to raise the funds they need, paying the money back over time with a premium.
Gareth Stace, director general of UK Steel, a trade group, said: “The UK’s steel sector and our customers in...
Back in Burnley, James has more good news. In the last few months, the phone has also been ringing...
The transport secretary has voiced “serious concerns” about rail operator CrossCountry and threatened to take action if things do...
The ISU union, which represents borders, immigration and customs staff, said Border Force had been “chronically under-funded for years”...
The Body Shop was founded by the pioneering British businesswoman and activist Dame Anita Roddick and her husband in...
George Lusty, the CMA’s senior director for consumer protection, said: “Over recent years, we have taken strong action to...
Rival start-up Rocket Lab has bought most of Virgin Orbit’s headquarters in California as well as other assets. The...
In the letter, seen by the Times, Mr Cameron wrote to Mr Hancock: “I understand Jay has sent...
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