High street giant seeks bankruptcy protection Shropshire Star, UK - 11 minutes ago Baugur employs about 55000 people in the UK and has interests in a host of high street fashion stores such as Karen Millen, Oasis and Warehouse. … More here: High street giant seeks bankruptcy protection – Shropshire Star
Belt-tightening vital in survival of car sector Liverpool Daily Post, UK - 35 minutes ago At the weekend, it emerged that General Motors, by its own admission, is on the brink of bankruptcy and has called for US state aid to keep it going. … View post: Belt-tightening vital in survival of car sector – Liverpool Daily [...]
White House on the verge of rescuing US car industry… and saving … Mail on Sunday, UK - 12 Dec 2008 'The current weakened state of the economy is such that it could not withstand a body blow like a disorderly bankruptcy in the auto industry,' White House … View post: White House on the verge of [...]
guardian.co.uk Toyota to cut bonuses 10% guardian.co.uk, UK - 4 hours ago Earlier this week Carlos Ghosn, who brought Nissan back from the brink of bankruptcy when he became chief executive officer almost a decade ago, … More: Toyota to cut bonuses 10% – guardian.co.uk
Fresh fears over Vauxhall jobs at Ellesmere Port LDPBusiness, UK - 2 hours ago GM chairman and chief executive officer Rick Wagoner said the firm would “take every action” possible to avoid bankruptcy . Continue here: Fresh fears over Vauxhall jobs at Ellesmere Port – LDPBusiness
These strikes are the upshot of a decade of blunt mantra Guardian Unlimited, UK - 3 hours ago Instead, David Cameron captures the mood perfectly with his speech about the moral bankruptcy of capitalism, promising "capitalism with a conscience". … Read the rest of the post here: These strikes are the upshot of a decade of blunt [...]
Insolvencies up as downturn continues Which?, UK - 3 hours ago The Insolvency Service says 28471 people went into bankruptcy or entered into an individual voluntary arrangement (Iva) in the quarter ended 31 December … Continue here: Insolvencies up as downturn continues – Which?