The owner of the Lindsey Prax Group oil refinery crashes on insolvency | Money news Aitrend

The owner of the Lindsey Prax Group oil refinery crashes on insolvency | Money news

 Aitrend

The owner of the Lindsey oil refinery crashed into insolvency, putting hundreds of jobs in danger during the energy conglomerate behind the Lincolnshire site. Sky News learned that State Oil, the parent company of Prax Group, which has interests on the oil ground in Shetlands and has around 200 service stations, was forced to call … Read more

The Zedify electric cargo bike crashes on the administration | Money news Aitrend

The Zedify electric cargo bike crashes on the administration | Money news

 Aitrend

An electric cargo bike logistics company that received the support of a barclays branch collapsed in the administration after failing to get new funding, which triggers the loss of more than 100 jobs. Sky News understands that the outspokenness Logistics Limited, which is negotiated like Zedify, has parachuted in Interpath to manage its insolvency. It … Read more