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Renault plan F1 Comeback through Lotus Deal

Tuesday 29th September, 2015 Written by Keith Tully

Renault announced their intention to return to Formula 1 this Monday. Their plans involve starting up once again under their own name next year.

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British SMEs ‘Owed £67bn in Unpaid Invoices’

Thursday 24th September, 2015 Written by Keith Tully

Small and medium-sized enterprises (SMEs) in the UK are currently owed a combined total of £67 billion in relation to unpaid invoices.

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Groupon to Cut 1,100 Jobs Worldwide By September 2016

Wednesday 23rd September, 2015 Written by Keith Tully

Groupon has said it will cut 1,100 jobs from its international workforce over the course of the next 12 months as it moves forward with a reorganisation of its business.

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United Utilities Counts the Cost of Lancashire Water Bug Incident

Wednesday 23rd September, 2015 Written by Keith Tully

United Utilities has said that its underlying profits for the first half of the financial year were down by £25 million due to the “water quality incident”.

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JCB to Cut 400 British Jobs Amid Emerging Markets Downturn

Tuesday 22nd September, 2015 Written by Keith Tully

JCB, one of the world’s leading makers of digging machines and construction equipment, has announced its intention to cut 400 jobs from its British workforce.

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Lotus Formula 1 Team Given Week-Long Reprieve in Insolvency Case

Monday 21st September, 2015 Written by Keith Tully

Formula 1 motor racing team Lotus has been given a week-long reprieve by the judge in an insolvency case which could yet see it enter administration within a matter of days.

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Production Halt At Redcar Steel Plant Puts 3,000 Jobs in the Balance

Monday 21st September, 2015 Written by Keith Tully

Mounting losses attributed largely to the deterioration in global steel prices have seen the owner of a steel plant in Redcar halt production and potentially put 3,000 jobs at risk.

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Alton Towers Owner’s Profits Hit After Accident Dampens Visitor Numbers

Thursday 17th September, 2015 Written by Keith Tully

The company behind famous theme park Alton Towers has seen its profits hit after a sharp fall in visitor numbers to its park following a high-profile accident there in June.

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Glasgow Rangers Chairman Keen to Restore Football Club to Pre-Insolvency Status

Monday 14th September, 2015 Written by Keith Tully

The chairman of Glasgow Rangers FC has expressed his desire to effectively restore his organisation to a pre-insolvency status and wants to remove ‘Oldco’ Rangers from its ongoing liquidation.

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