Britain’s biggest labour union on Monday called for a criminal investigation into key individuals involved in the collapse of construction and outsourcing company Carillion. Carillion, which provided services in defence, education, health and transport, collapsed in January, becoming the largest construction bankruptcy in British history, Reuters reported. It left creditors and the firm’s pensioners facing steep losses and put thousands of jobs at risk. The Unite union launched legal action against Carillion in July on behalf of workers who were made redundant.

U.K. retailer Debenhams Plc, which has issued three profit warnings this year, recruited restructuring experts from KPMG LLP as an insurance provider again raised the cost to cover suppliers’ shipments to the company, British newspapers reported. The KPMG team has been instructed to draw up an emergency turnaround plan, including the possible filing of a company voluntary arrangement, a form of bankruptcy protection, the Sunday Telegraph reported, without saying where it got the information, Bloomberg News reported.

The UK insolvency service is investigating scandal-hit public relations firm Bell Pottinger, including its influential co-founder Lord Tim Bell, for work in South Africa that led to the company’s collapse last year, the Financial Times reported. According to letters seen by the Financial Times, two senior partners have been told the UK government agency is examining potential “breaches of duties or other misconduct” relating to their controversial work for the Gupta family’s Oakbay investment vehicle.

Turnround specialist Melrose Industries, which swooped on GKN in an £8bn hostile takeover this year, swung to a loss in the first half but said it had found no financial “black holes” in its new acquisition, the Financial Times reported. The FTSE 100 group reported a statutory operating loss of £256m for the period to the end of June. This included £124m in costs for the GKN acquisition — on advisers and in taxes — as well as £128m in restructuring costs, plus inventory writedowns and hedging losses.

The UK’s financial-markets watchdog put accountants on notice that they must improve auditing of financial companies’ client assets, the Financial Times reported. Charles Randell, the chairman of the Financial Conduct Authority, said on Thursday that the regulator had spotted instances where an audit of client assets was “just not good enough”, adding to the disquiet among regulators about the quality of financial firms’ audits. “We continue to see Client Assets reports that are just not good enough,” Mr Randell said in a speech, according to prepared remarks.

UK restaurant chain Gaucho is to be bought out of administration by two banks Investec and SC Lowry, as part of a rescue deal that will keep open all 16 Gaucho restaurants and save about 750 jobs, the Financial Times reported. The deal is subject to Gaucho’s creditors accepting a “ company voluntary arrangement”, an agreement that allows ailing businesses to restructure their debt.

British convenience retailer McColl’s Retail Group Plc posted on Tuesday lower like-for-like sales in the third quarter and said the collapse of cigarette wholesaler Palmer & Harvey (P&H) last year continued to disrupt its supply chain, Reuters reported. Like-for-like sales fell 0.9 percent for the 13 weeks ended Aug. 26 at McColl’s, which trades from about 1,600 convenience stores and newsagents in Britain. Total revenue rose 0.6 percent in the quarter.

Emso Asset Management, the $5.5bn emerging markets hedge fund, is to enter India’s growing corporate restructuring market with a local partner, the latest global investor to target a wave of $140bn in bad debt in the country, the Financial Times reported. A new bankruptcy law is forcing some of India’s biggest conglomerates into restructuring as local banks struggle with mounting bad debts following a boom in industrial lending.

Wonga co-founder Errol Damelin used to tell critics that “we are the good guys”, who would reach a $1bn Nasdaq listing by disrupting traditional banks that treated customers unfairly, the Financial Times reported. But when the company fell into administration on Thursday — having never made it to IPO — many observers were celebrating its demise. The company is the most prominent among hundreds of payday lenders that have gone out of business in the UK since the Financial Conduct Authority enforced a cap on charges in 2015.

Activity in UK factories expanded at the slowest rate in more than two years during August as weaker global growth led to the first fall in export orders since 2016, a survey of executives said on Monday. The monthly IHS Markit purchasing manufacturers index fell to 52.8 in August compared with 53.8 in July, anything above 50 is said to indicate an expansion while anything below means a contraction, the Financial Times reported. This was the survey’s lowest reading for 25 months. Analysts had expected the pace of growth in the sector to remain the same as the previous month.