Large Constructors warned again over late payments

Business
Large Constructors warned again over late payments. 28th May 2019. Cabinet minister Oliver Dowden has fired another warning at large constructors over late payment at the RICS annual Construction Conference last week, reiterating the government’s get-tough stance on businesses that
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Thomas Cook secures extra funding as financial woes worsen

Business
Thomas Cook secures extra funding as financial woes worsen. 22/05/2019. see our latest post from September 2019 – Thomas cook collapses Thomas Cook has secured £300m of extra funding to tackle mounting debts and is reportedly seeking a sale of
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Government in talks to save British Steel

Business
Government in talks to save British Steel 21/05/2019 Government ministers are in talks to prevent the collapse of British Steel, after the firm secured funding from shareholders and creditors to stay afloat until the end of May. The company, owned
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Retailers seek online sales tax amid high street crisis

Business
Retailers seek online sales tax amid high street crisis 20/05/2019 Retailers have called on the government to introduce an online sales tax in order to fund a reduction in business rates for brick-and-mortar retailers, as the number of high street
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Cotswold Outdoor has CVA application approved

Business
Cotswold Outdoor has CVA application approved. 14th May 2019. The group behind Cotswold Outdoor, Outdoor and Cycle Concepts (O&CC), is moving forward with a CVA after creditors backed a plan that will see stores close and applications for rent reductions
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