Steel tycoon Gupta faces winding-up petition as Aartee row deepens
A row involving the steel tycoon Sanjeev Gupta and one of his biggest UK customers has deepened after administrators launched…
Why once ‘unthinkable’ UBS-Credit Suisse takeover is like merging Liverpool and Manchester United and a win-win
To those who do not work in or follow closely the fortunes of the banking sector, it is impossible to…
Chancellor ‘welcomes’ decision to give Credit Suisse £44.5bn lifeline as shares bounce back
Chancellor Jeremy Hunt has “welcomed” the Swiss central bank’s decision to give Credit Suisse a lifeline of 50bn Swiss francs…
Gupta-owned companies ‘owe collapsed steel stockholder Aartee £14m’
Corporate entities now owned by the steel tycoon Sanjeev Gupta owe one of his biggest British customers nearly £14m, its…
Steel tycoon Gupta embroiled in dispute over Aartee administration
The steel tycoon Sanjeev Gupta has sparked a row over the administration of one of his biggest British customers after…
BoE says inflation will fall but shoppers still set to suffer high prices
THE BANK OF ENGLAND yesterday promised that inflation would come down this year but company bosses warned shoppers would still…
Liberty Steel customer Aartee Bright Bar crashes into administration
A major customer of Britain’s third-biggest steel producer has been forced to call in administrators, deepening the financial gloom engulfing…
Zahawi under severe pressure after Sunak orders investigation into tax affairs
Rishi Sunak has ordered a potentially far-reaching investigation into Nadhim Zahawi as he defied calls to sack the Tory party…
Sunak orders investigation into Tory chairman Nadhim Zahawi amid tax questions
Rishi Sunak has ordered an investigation into Nadhim Zahawi as the Tory party chairman faced growing calls to quit after…
Zahawi not planning to resign over tax case as Sunak comes under pressure
Nadhim Zahawi is defying demands to quit as Conservative Party chairman despite paying a penalty to resolve a multimillion-pound tax…
Liberty Steel blames ‘unviable’ market as restructuring threatens hundreds of jobs
Liberty Steel UK has placed 440 jobs under threat through a series of actions to secure its future amid “unviable”…
Swiss asset manager GAM hires bankers to explore sale
The prominent investment management firm GAM Holding is intensifying discussions over a potential sale months after it was forced to…