Following the first European Central Bank (ECB) meeting of 2021, the institution announced that it will be sticking to its current key rates and the scale of its Pandemic Emergency Purchase Programme (PEPP) for the foreseeable future, as the European economy continues to grapple with the impact of the Covid-19 pandemic. In what The Telegraph […]

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Shares at British cinema chain Cineworld (LON:CINE) have been something of a horror show on Thursday, falling almost 7% as the firm reportedly considers launching a CVA amid ongoing financial difficulties. A CVA – an insolvency procedure common among businesses seeking to cut costs – would help to take the pressure off of Cineworld’s mounting […]

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Former construction giant Carillion “acted recklessly” and made “misleading positive statements” about its finances prior to its infamous collapse in 2018, according to the Financial Conduct Authority (FCA). Prior to sinking into liquidation two years ago, Carillion was one of the UK’s governments largest contractors. Its construction services spanned a wide range of projects, from […]

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