TSB’s future hangs in the balance as takeover talks collapse

TSB’s future hangs in the balance as takeover talks between Spanish owner Sabadell and rival BBVA collapse By Lucy White For The Daily Mail Published: 21:50 GMT, 27 November 2020 | Updated: 21:50 GMT, 27 November 2020 TSB’s future is up in the air after takeover talks between its Spanish owner Sabadell and rival BBVA … Read more

Sir Philip Green’s TopShop empire Arcadia Group ‘faces collapse within days’

Sir Philip Green’s TopShop empire Arcadia Group ‘faces collapse within days’ putting 15,000 jobs at risk By Faith Ridler For Mailonline Published: 10:38 GMT, 27 November 2020 | Updated: 10:52 GMT, 27 November 2020 Sir Philip Green’s TopShop empire could face collapse within a matter of days, reports claimed today, putting more than 15,000 jobs … Read more

Parents crushed to death alongside their seven-month-old boy after cliff collapse on Brazilian beach

Two parents have been crushed to death alongside their seven-month-old boy and pet dog after a cliff collapsed onto them on a Brazilian beach.  Hugo Pereira, 32, died with his partner, Stella Souza, 33. She was found under the rubble hugging her baby as she attempted to protect the child from the boulders. The boy was … Read more

High street chains Edinburgh Woollen Mill and Ponden Home collapse into administration

High street chains Edinburgh Woollen Mill and Ponden Home collapse into administration with the loss of 866 jobs and closure of 64 stores A total of 64 stores under the Edinburgh Woolen Mill and Ponden Home fascias They will remain permanently closed while remaining stores continue to trade Bosses at EWM’s other brands were granted … Read more

Are Brexit trade talks on the brink of collapse? Michel Barnier says EU ‘prepared for all scenarios’

Are Brexit trade talks on the brink of collapse? Britain and EU fail to close gaps over fishing rights and state aid with Michel Barnier vowing that Brussels is ‘prepared for all scenarios’ Breakthrough continues to elude UK and the EU during post-Brexit trade talks But Lord Frost and Michel Barnier expected to recommend that … Read more

Celebrity haunt Langan’s Brasserie ‘is on the brink of collapse’ after Covid pandemic 

Famous 1980s celebrity haunt Langan’s Brasserie is on the brink of administration with up to 100 jobs at risk, according to reports. The London restaurant, which was opened in 1976 under then-co-owners Michael Caine and restaurateur Peter Langan, has filed a legal document stating its intention to bring in administrators. The Mayfair eatery, once frequented … Read more

Wales will nationalise its 900-miles of railway after bailout talks with current operator collapse

The Welsh Government will nationalise its railways after last ditch talks with its current operator failed, it has been announced today. Welsh political leaders had been in talks with KeolisAmey about a possible bailout due to a fall in passenger numbers in the midst of the Covid-19 pandemic. But the negations have now fallen through. … Read more

Wales ‘will nationalise its 900-miles of railway’ after bailout talks with current operator collapse

The Welsh Government is today poised to nationalise its railways after last ditch talks with its current operator failed, according to reports. Welsh political leaders had been in talks with KeolisAmey about a possible bailout due to a fall in passenger numbers in the midst of the Covid-19 pandemic. But the negations have now reportedly … Read more

Czech Republic faces medical ‘collapse’ in Covid second wave

The Czech Republic is facing a medical ‘collapse’ with the army rigging up field hospitals as the country suffers the worst infection rate in Europe.  After escaping the first wave relatively lightly, the Eastern European country has been battered by a resurgence in recent weeks which has infected more than 4,000 hospital workers and forced … Read more

Edinburgh Woollen Mill on brink of collapse with 24,000 jobs at risk

Jaeger and Peacocks owner Edinburgh Woollen Mill is on the brink of collapse putting 24,000 jobs at risk after sales were hit by lockdown Company owned by billionaire Phillip Day is under threat of collapsing It blamed the strict lockdown and new local measures for business drying up If it goes under it will be … Read more