Despite Monsoon Accessorize’s company voluntary arrangement (CVA) being approved in July, accounts filed at Companies House show that the company is still in critical condition. The CVA will see rent reductions taking place for 135 of their 258 UK stores.
The UK’s Competition and Markets Authority (CMA) has commenced an investigation into the potential effects of Amazon’s intended investment in Deliveroo.
On the 1st October, the Amazon Intellectual Property Accelerator was launched. The program helps US brands to obtain intellectual property (IP) rights and brand protection in Amazon's stores more quickly.
PwC has been questioned over a possible conflict of interest arising in its roles with Thomas Cook.
Pizza Express is facing financial struggles with a debt pile of £1.1 billion as a result of increased competition, overly-ambitious overseas openings and a lack of innovation.
The legal services industry is undergoing significant disruption in a variety of areas. As pressure builds on firms to cut fees on low-value work, mergers between mid-market firms have shaken up the traditional City hierarchy. The boom in legal technology has irreversibly altered the legal landscape and it continues to demand unprecedented volumes of investment. Clients increasingly expect firms to automate lower-level work and focus their fee-earners on higher-value services. All of these developments necessitate significant up-front capital. Some firms, in their experiments with different business models, are choosing to go public.
Following the recent initial public offering (IPO) flops of Uber, Lyft and WeWork, representatives of over 100 major tech and private equity firms met this month in San Francisco to discuss an alternative method of going public: direct listing.
The world’s largest law firm will partner with American outfits Bingham Greenebaum and Cohen & Grigsby, to create a national firm comprised of nearly 1,100 lawyers, capable of serving clients across 33 US markets.
PayPal announces its decision to pull out of Libra, a cryptocurrency launched by Facebook.
A study by the Financial Conduct Authority (FCA) has found that 6 million insurance customers are being overcharged £200 per head every year.