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.
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Spending review: Chancellor warns of ‘lasting’ damage to UK economy
admin, , Business, 0
Biden says White House co-operation ‘sincere’ The president-elect describes the Trump administration’s help with the transition as not “begrudging”.
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Postmasters had fingers in the till, minister told
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Jo Swinson has claimed that former Post Office chief executive Paula Vennells said “something to the effect” that some...
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Pay: Firms fight back with counteroffers to keep staff
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“While pay is often the most typical focus of a counteroffer, there are other things employers should consider in...
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GameStop: Who is winning the market battle?
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On Thursday, after the wacky market conditions prompted some trading platforms, such as Robinhood, to restrict purchases, shares dipped....
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Prisoners to plug worker shortage in meat industry
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Tony Goodger, of the Association of Independent Meat Suppliers, said the industry body would contact members who required staff...
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Covid: Should I be working from home or going back to the office?
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If employees feel unsafe, they can contact their local authority, Citizens Advice or the Health and Safety Executive (HSE)....
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UK vinyl sales at the highest level since 1990
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“If the music is rubbish, you’re still left with a good piece of artwork,” he says, sifting through a...
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Customers furious after HSBC down for more than 24 hours
admin, , Business, 0
“People want a bank they can depend on, and if IT outages become a regular occurrence, consumers could be...
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