United Kingdom

Results for United Kingdom

Britain To Fast-Track Investigation Into BHS Collapse

The British government on Tuesday ordered an investigation into the circumstances surrounding department store retailer BHS's collapse into administration last week, Reuters reported. Business Secretary Sajid Javid has instructed the Insolvency Serv ...

Daily Headline - global.abi.org - 05/03/2016 - 20:29 - 0 comments

Cameron Needs More Than a Narrow Win to Resolve Brexit Debate

When British Prime Minister David Cameron decided to call a referendum on the U.K.’s membership in the European Union, he did so in the belief that it would settle the question once and for all. Deep divisions over the issue in Britain and within Mr. Cam ...

Daily Headline - global.abi.org - 05/01/2016 - 21:02 - 0 comments

India Asks UK To Deport Embattled Tycoon Mallya

India said on Thursday it had asked Britain to deport Vijay Mallya, the liquor tycoon who flew to London last month as bankers pressed him to repay about $1.4 billion owed by his defunct Kingfisher Airlines, Reuters reported. The Ministry of External Aff ...

Daily Headline - global.abi.org - 04/28/2016 - 21:20 - 0 comments

Pro-‘Brexit’ Economists Make Case for U.K. Exit From EU

A group of notable British economists countered claims the U.K. would be poorer if it left the European Union, a move that follows a barrage of gloomy forecasts for the British economy if voters choose to leave the bloc in a coming referendum, The Wall ...

Daily Headline - global.abi.org - 04/28/2016 - 21:21 - 0 comments

BHS Administrator Receives "Around 50" Expressions Of Interest

The administrator to BHS, the British department store group that is battling to stay in business, has received "around 50" expressions of interest for all or various parts of the retailer, a source with knowledge of the process said on Thursda ...

Daily Headline - global.abi.org - 04/28/2016 - 21:21 - 0 comments

British Tailoring House, Austin Reed Goes Into Insolvency With 1,200 Jobs At Risk

One of Britain's iconic tailoring brand Austin Reed has collapsed into administration, or insolvency, putting more than 1,000 jobs at risk, The Economic Times reported. The 116-year-old tailoring brand, which once counted former British prime mi ...

Daily Headline - global.abi.org - 04/26/2016 - 22:53 - 0 comments

UK Lawmakers Expect To Quiz Philip Green In BHS Pensions Probe

British lawmakers expect to question retail billionaire Philip Green in the course of an inquiry into failed department store chain BHS's pension liabilities after the firm was put into administration on Monday, Reuters reported. The Work and Pensio ...

Daily Headline - global.abi.org - 04/26/2016 - 22:54 - 0 comments

British Retail Group BHS Goes Into Administration

British department stores group BHS collapsed into administration on Monday, putting about 11,000 jobs at risk. Philip Duffy and Benjamin Wiles, managing directors of Duff & Phelps, have been appointed joint administrators, the restructuring firm sai ...

Daily Headline - global.abi.org - 04/25/2016 - 21:36 - 0 comments

Britain’s Friends Are Right To Fear Brexit

How might future historians judge a British decision to leave the EU in the referendum on June 23? It might well be seen as the moment when the west started to unravel, the Financial Times reported in a commentary. That is why Barack Obama, US presid ...

Daily Headline - global.abi.org - 04/19/2016 - 21:29 - 0 comments

Financial Services seminar: Successfully negotiating the new conduct risk agenda - May 5, 2016

Conduct risk management is one of the hottest topics in the financial services industry. Managing and mitigating conduct risk remains a regulatory priority with the FCA’s attention and resources firmly centred on the behaviour of firms and how they condu ...

Resource Article - twallace@abiwor... - 04/19/2016 - 13:41 - 0 comments - 0 attachments

Syndicate content