Wed, 12 May 2021 | BUSINESS NEWS
L Brands, the parent company of Victoria’s Secret, has announced that it will spin off the lingerie company, a year after a proposed majority stake sale to private equity outfit Sycamore Partners collapsed. The parent comp... continue reading
Wed, 28 Apr 2021 | BUSINESS NEWS
Nitin Passi, the owner and founder of online fashion retailer Missguided, has announced that he is looking to sell a stake in the company for the first time. According to Passi, whose family still owns the whole of the business,... continue reading
Sat, 24 Apr 2021 | BUSINESS NEWS
Greensill Capital's Australian parent company has entered liquidation after collapsing into administration in March. According to administrator Grant Thornton, creditors of the firm voted 23 to zero in favour of liquidating ... continue reading
Tue, 20 Apr 2021 | BUSINESS NEWS
Government figures show that UK company insolvencies rose 44.8 per cent from 685 in February to 992 in March, as the impact of the COVID-19 pandemic on businesses began to become clearer. UK company insolvencies, as well as admi... continue reading
Thu, 01 Apr 2021 | BUSINESS NEWS
UK markets regulator the Financial Conduct Authority (FCA) has unveiled proposed reforms to rules on special purpose acquisitions companies (SPACs) as it looks to help the UK tap into the trend which has taken off in the USA. SP... continue reading
Wed, 31 Mar 2021 | BUSINESS NEWS
South West Water owner Pennon Group says it is considering utilising the proceeds from the sale of recycling business Viridor to target acquisition opportunities. In a trading statement, Pennon said it was reviewing reinvesting th... continue reading
Tue, 23 Mar 2021 | BUSINESS NEWS
According to law firm Pinsent Masons, the amount of unpaid tax owed to HMRC from UK taxpayers and businesses has risen to £65.5 billion during COVID-19, with the Treasury now facing a balancing act between reclaiming the deb... continue reading
Fri, 19 Mar 2021 | BUSINESS NEWS
Beech Tree Private Equity has announced a significant investment in cybersecurity firm Performanta, which will support the company's growth through strategic acquisitions. Maidenhead-based Performanta provides managed cyberse... continue reading
Wed, 17 Mar 2021 | BUSINESS NEWS
The remaining assets of independent book retailer The Book People are set to be sold at auction, including the firm's former warehouse headquarters and its contents. The company's former Gwynedd base and the remaining c... continue reading
Tue, 16 Mar 2021 | BUSINESS NEWS
New research by independent corporate finance firm Rickitt Mitchell has found that private equity bolt-on transactions rose 35 per cent in 2020, as the uncertainty of the COVID-19 pandemic prompted PE houses to bolster their exist... continue reading
East Lothian-based grain merchant Alexander Inglis & Son has...
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