Releases should start on Tuesday in the largest Bioethanol factory in the United Kingdom, which is to close after the government has refused to offer owners a bailout. About 60 employees, just over a third of the total, must receive letters of redundancy on Tuesday and leave the site. The remaining workers will go in … Read more
A market study company fueled by AI that counted Unilever and Vodafone among its customers is on the verge of collapse. Sky News understands that StreetBees, which was founded in 2015, has filed a notice of intention to appoint the professional service company FRP Advisory as a administrator. Sources said that a buyer was aligned … Read more
Soho House, the global network of private members clubs, is bought by a group led by MCR hotels – evaluating the company at 2.7 billion dollars (1.99 billion pounds sterling). The agreement will bring the hotel group based in London private property, which means that it will no longer be listed on the New York … Read more
Blackrock, the largest asset manager in the world, supports a controversial offer from the Sanjeev Gupta metal magnate to keep control of his vacillating British steel empire. Sky News learned that the leaders of Blackrock authorized the issue of a letter of support for financing which could allow Mr. Gupta to continue to exercise a … Read more
A company that manufactures miniaturized electrical versions of conventional cars has concluded a rescue agreement led by an American merchant banking group. Sky News understands that the future of Hedley studios – formerly known as Little Car Company – has been recovered thanks to a pre -pack administration agreement. FRP’s opinion would have acted as … Read more
The Topshop fashion brand has celebrated its recovery with its first bridge in seven years. The company’s website has promised that everyone was invited while the models were strutting on a track on Trafalgar Square in front of the fashion icons of years of which Cara Delevingne and Adwoa Aboah and the The mayor of … Read more
The Sanjeev Gupta metal magnate is this weekend, plots a controversial agreement to save its remaining British steel operations and avoid their collapse in compulsory liquidation – a decision that would put nearly 1,500 jobs in danger. Sky News has learned that Mr. Gupta is in talks on a pre -pack administration connected from the … Read more
Sky News has launched a free money newsletter – bringing the type of content you enjoy in the Money blog directly in your reception box. Each Friday, subscribers receive the exclusive advice and features of the team’s money behind the award -winning silver blog, which is read by millions of British each month. Register today … Read more
The investment capital company created by Jared Kushner, the son-in-law of President Donald Trump, has to participate in Oaknorth, the British lender who has set rapid expansion in the United States. Sky News has learned that Acinity Partners, which has raised billions of dollars in assets under management, signed an agreement to acquire an 8% … Read more
The largest bioethanol factory in the United Kingdom should be closed with the loss of 160 jobs after the government has confirmed that it would not be bailout to the establishment of Lincolnshire. The owners Vivergo, a subsidiary of Associated British Foods, had warned that the factory would close without government support, and business sources … Read more