There had been a similar failure 10 months earlier, when Carillion, a giant construction and services group, also ran out of cash. With Carillion, there were more warnings, but eventually its accounts also proved to be wildly at odds with the reality of its financial position. Its demise led to calls for changes to how audits are conducted, and when the bakery chain went under, those calls became deafening.
From October a typical dual-fuel household will pay £1,923 a year until December, which is down from £2,074 in...
These days, sirens tend to make the news as false alarms, or when tests of siren systems are reported...
Mr Charles, who now runs a travel consultancy, said: “It’s fine if you’re in business class and at the...
“I am delighted with our performance in the first quarter, particularly as it was always going to be challenging...
In response, Mr Bailey said: “If you go back two years… given the situation we were facing at that...
ChatGPT generates convincing human-like responses to user queries within seconds, instead of the series of links generated by a...
But many charities want action to be taken sooner, arguing that many consumers could be pushed into borrowing more...
Food prices rose by 14.6% in the year to June, according to the British Retail Consortium (BRC), which represents...
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