The total number of corporate insolvencies in England and Wales increased to 1,011 in May 2021, according to the latest update from the Insolvency Service
At the start of May 2021, Rangers’ former liquidators BDO began a £56.8m suit against Paul Clark and David Whitehouse of Duff & Phelps - the former administrators of the football club
After putting advisers on standby for a potential administration, Virgin Atlantic has now secured a solvent recapitalisation, which will deliver a refinancing package worth over £1.2bn during the next 18 months
Up to 3,000 jobs could be lost across Frankie & Benny’s, while more than 500 have already been cut at the Monsoon Accessorize fashion retailer, as high street firms instigate drastic restructuring plans after the lockdown
In a candid Q&A session, Atal shares reflections on the evolving landscape of finance and sheds light on PRA Group’s positioning and potential avenues for growth
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