Monsoon seeks CVA to stay afloat. Monday 24th June 2019. – updated 04/07/19. Update 04/07/19 – Monsoon Accessorize granted rent cuts Creditors at Monsoon Accessorize have approved the retailer’s company voluntary arrangement, which asked for rent reductions of up to 65% at

Construction output suffers steepest decline since 2009. Builders have suffered the sharpest slump in more than a decade as new orders for homes, commercial property and civil projects all fell last month. UK Businesses are delaying new construction projects or

Britain’s oldest builder folds. 03/07/2019. Britian’s oldest builder has folded as a business (sadly, not just his arms as our picture suggests). R Durtnell & Sons Limited, Britain’s oldest builder is no more having issued notices to all known creditors

Suspended Equity Income fund 40% illiquid. 02/07/2019. Nearly half of the Equity Income fund run by leading UK fund manager Neil Woodford was invested in “illiquid” stocks by the end of 2018, it has emerged one month after the fund

Shoe retailer Office slips 2nd July 2019. Yet more woe for the high street as Shoe retailer Office announces it is preparing for a restructuring that could result in shop closures. A plan for the UK chain, which employs almost