Unsecured creditors to collapsed car maker MG Rover are to receive a further £50.9 million from the group’s liquidator PwC.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
How to make a claim if you were affected by Gatwick disruption
Travel insurance customers affected by the Gatwick chaos will be able to make claims for the disruption they have suffered – if this is..
UK growth confirmed but business investment crashes as Brexit looms
The UK’s economic growth during the third quarter was confirmed at 0.6% on Friday, but business investment is crumbling as firms are sp..
Gatwick Airport runway reopens after day-long drone chaos
Gatwick’s runway has reopened after drones caused the airport to shut down for more than a day.
UK businesses told to prepare for no-deal Brexit
Businesses that trade with the EU need to take steps now to prepare for the possibility of a no-deal Brexit, a government minister has warned.
Zizzi switches to British mozzarella amid Brexit and eco concerns
Restaurant chains Zizzi and ASK are switching from Italian to British suppliers of mozzarella amid concerns over Brexit and the environ..
Aldi and Lidl set for strong Christmas as supermarkets tussle for trade
Budget supermarket chains Aldi and Lidl are set to outperform their larger peers this Christmas as the battle for festive shoppers reac..
British business ‘Horrified’ time is running out in Brexit shambles
British business groups have criticised politicians for focusing on in-fighting rather than preparing for Brexit, warning that there is not enough time to prepare for a no-deal scenario.
Vodafone hangs up on PwC amid legal dispute
Vodafone has launched a search for a new auditor after it emerged that incumbent PwC is embroiled in a legal dispute with the telecoms ..
Interserve talks with banks continue as debt-for-equity swap looms
Outsourcing giant Interserve remains locked in crunch talks with its lenders as it thrashes out a radical plan to cut its near-£650 mil..
Lloyd’s of London appoints Sonja Rottiers to lead post-Brexit Brussels hub
Lloyd’s of London has named a financial services veteran to lead its new post-Brexit Europe hub in Brussels.
The insurance market has a..
Airbus ‘facing US corruption investigation’
The US Department of Justice has opened an official investigation into alleged corruption by European plane-maker Airbus, according to ..
Fishing Republic sinks into administration
Retailer Fishing Republic has collapsed into administration after failing to raise emergency funding, endangering over 100 jobs.
The co..
Gatwick travel chaos: What are consumers entitled to?
Tens of thousands of passengers have been suffering travel chaos after drones were flown around Gatwick Airport.
Here is a look at what..
Bank holds interest rates as ‘intensified’ Brexit uncertainty hits growth
The Bank of England has kept interest rates on hold at 0.75% as it cautioned “intensified” Brexit uncertainties were slamming the brake..















