EY-Parthenon says recoveries across eight ISG businesses remain a fraction of the £885m owed to unsecured creditors, as the administration is extended to September 2028.
Barclays is preparing to cut about 5,000 roles by the end of 2026, with support and technical functions expected to bear the brunt of an AI-driven drive to reduce costs and raise productivity.
The shortlist for the TRI Awards 2026, sponsored by Gordon Brothers, has been revealed, celebrating the organisations, teams and individuals demonstrating excellence across turnaround, restructuring and insolvency.
ePayments Systems has entered special administration, with administrators assessing safeguarded customer money and warning users about potential recovery scams.
The IFR’s first major assessment finds that 94% of clubs across England’s top five divisions are losing money, with most unable to survive three months without owner funding.
Martin Property Group is understood to be management’s preferred bidder for Poundland, in a proposed solvent takeover that could protect almost 12,000 jobs.
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