Greensill collapse sends shockwaves through the economy: 3,000 steel jobs at risk as Gupta defaults and is left facing a funding crisis By Lucy White For The Daily Mail Published: 22:15 GMT, 8 March 2021 | Updated: 22:15 GMT, 8 March 2021 A specialist lender advised by David Cameron has crashed into administration. Lawyers for … Read more
Lender advised by David Cameron on the brink of collapse: Crisis of confidence engulfs Greensill Capital By Lucy White For The Daily Mail Published: 22:16 GMT, 2 March 2021 | Updated: 22:44 GMT, 2 March 2021 A controversial lender advised by former Prime Minister David Cameron is fighting for survival after major backers walked away. … Read more
It has been more than a decade since 300,000 British savers lost £4billion in the blockbuster collapse of Icesave. While many were left scarred by the scandal, one high-flying businessman at its centre is still struggling to shake off the damaging legacy of the Icelandic savings brand in an entirely different way. Thor Bjorgolfsson, who … Read more
Woolly mammoths would have lived another 4,000 years in some parts of Eurasia if it weren’t for human hunters, according to a new study. Australian experts performed computer simulations of woolly mammoth interactions with humans and climates based on evidence from fossils and ancient DNA. The findings suggested a warming climate forced them further north into smaller … Read more
The live events industry has launched a hard-hitting campaign highlighting the turmoil its workers are going through, and urging the Government to act now and safeguard the sector’s future. The campaign, ‘The Government Can’t See Us, Can You?’ or #GovCantSeeUs, shows the devastation the coronavirus pandemic has wrought on the live events supply chain. Professionals … Read more
No further action will be taken by the Health and Safety Executive over the collapse of part of a Georgian terrace in one of London’s most expensive streets. The home was reduced to rubble and around 40 people had to be evacuated when the disaster occurred on November 2. Construction work to build a mega-basement … Read more
No further action will be taken by the Health and Safety Executive over the collapse of part of a Georgian terrace in one of London’s most expensive streets. The home was reduced to rubble and around 40 people had to be evacuated when the disaster occurred on November 2. Construction work to build a mega-basement … Read more
Thousands of employees have recently heard the difficult news that they will be made redundant, after former retail giant Arcadia collapsed. Asos acquired the Topshop, Topman and Miss Selfridge labels – however, it has only taken on the brands and not the physical stores or the staff. Its fellow online fashion giant Boohoo then took … Read more
Debenhams collapse was ‘just bad luck’ (says man who made millions running chain) By Richard Marsden for the Daily Mail Published: 22:00 GMT, 8 February 2021 | Updated: 22:00 GMT, 8 February 2021 A former chairman of Debenhams who made multi-million pound personal gains from the store has claimed its downfall was due to ‘bad … Read more
Survivors of India’s glacier disaster hung onto scaffolding for four hours to stay afloat after floodwater came rushing into tunnels in scenes ‘like a Hollywood movie’, it emerged today as rescuers raced against time to save dozens of workers from an underground shaft. After a chunk of glacier snapped off in the Himalayas on Sunday, … Read more