The turnaround fund that backed Monarch Airlines has defended a policy to wedge some of the British Steel plants it bought for £1 with over £150m of high interest debt.
Annual accounts filed.. City A.M.
Germany's Thyssenkrupp and India's Tata Steel have struck a preliminary deal to merge their European steel operations in a 50-50 joint venture to create the continent's number two steelmaker after.. Source: Rumble -
Sep.20 -- Guido Kerkhoff, chief financial officer at Thyssenkrupp, discusses his joint steel venture with Tata, consolidation and the future of the industry. He speaks on "Bloomberg Markets: European.. Source: Bloomberg Global Business -
Businesses labelled the backbone of Britain's economy have embraced an initiative to encourage workers to sign up for workplace pensions, ministers said yesterday.
Research for the department of.. City A.M.
The chair of the Work and Pensions Select Committee has today demanded assurances regarding the pensions of 130,000 British steelworkers when a new pan-European steel giant is formed.
Labour MP.. City A.M.
Industrials and metals company Liberty House Group this weekend snapped up a Scottish bike maker as part of a wider strategy to revive cycle manufacturing in the UK.
Liberty, which is executive.. City A.M.
Financially distressed firms should be allowed to jettison huge retirement deficits in order to avert further BHS-style collapses, a leading pension lobby group said today.
The Pensions and.. City A.M.
German steelmaker Thyssenkrupp will set up a joint working group of board members and labour representatives to help implement the plan to merge with Tata Steel.
The company announced the plans.. City A.M.
What links a chocolate factory near Birmingham, a tub of Flora margarine and a British-designed chip that tells you when your fridge is running low on milk?
Other than the obvious dairy theme, the.. City A.M.
The future of Tata's business in the UK, and particularly at its steelworks in Port Talbot, has been uncertain since the Indian company last year said that it intended to sell its British assets Independent