Manolete Partners, which focuses on taking over claims from liquidators of insolvent companies, is the latest litigation funder to weigh up a float on the London Stock Exchange (LSE), the Law Society Gazette reported. Chief executive Steven Cooklin confirmed to the Gazette this morning that the London-based company was ‘looking very seriously’ at listing. It has not revealed any financial details of the proposed float.

Carillion Plc, the failed U.K. outsourcing company, has been criticized by lawmakers investigating its collapse for misclassifying borrowings, Bloomberg News reported. As much as 498 million pounds ($674 million) of Carillion’s liabilities were incorrectly identified as “other creditors,” the U.K. Parliament Work and Pensions Committee said in a statement on Monday, citing estimates from Moody’s. Carillion’s board had discussed the issue in 2015, attributing mounting short-selling of the company’s shares to UBS Group AG broker research highlighting issues with its debt, the committee said.

Customers of collapsed UK brokerage Beaufort Securities have voted in favour of retaining PwC as administrator and accepted its proposals to use up to £100m of private investors’ funds to pay insolvency fees, following a fiery creditors’ meeting on Thursday, the Financial Times reported. PwC confirmed on Friday that clients of the broker, which was shut down by the UK regulator in March, had voted in favour of its proposals, which include a worst-case scenario of spending £100m to return cash and assets valued at £550m to customers.

Shares in Ulster Bank parent Royal Bank of Scotland rose as much as 6 per cent on Thursday after the bank reached a $4.9 billion settlement with US authorities, opening the way for its privatisation and return of cash to taxpayers who bailed it out in the financial crisis, the Irish Times reported. The fine, much lower than expected, resolves a US Department of Justice investigation into the British bank’s sale of mispriced mortgage-backed securities in the run-up to the crisis and clears one of its most debilitating hangovers from that era.

A gauge of U.K. house prices dipped to its lowest since in more than five years last month, according to the Royal Institution of Chartered Surveyors, with the slowdown most acute in London and the southeast, Bloomberg News reported. RICS’s gauge of prices dropped to minus 8, the lowest since November 2012, the organization said in a report Thursday. The descent into negative territory follows months of stagnating prices, and surveyors don’t expect any pick-up in the near term. The report is the latest to show strain in the U.K.

Indian tycoon Vijay Mallya lost a U.K. lawsuit filed by Indian banks seeking to collect more than 1.15 billion pounds ($1.55 billion) amid allegations that he committed massive fraud. Judge Andrew Henshaw in London Tuesday said the lenders, including IDBI Bank Ltd., can enforce an Indian court ruling that relates to allegations that Mallya willfully defaulted on about $1.4 billion in debt for his now-defunct Kingfisher Airlines Ltd, Bloomberg News reported. Henshaw also refused to overturn a worldwide order freezing Mallya’s assets. The 62-year-old is fighting numerous lawsuits in the U.K.

Restaurant chain Côte is reportedly looking into closing branches in a move to shore up its finances, the Financial Times reported. Sky News reported that Côte, which is owned by private equity group BC Partners, is planning to close a number of branches that trade under the Limeyard and Jackson & Rye brands. However, the closures are unlikely to come as part of a company voluntary agreement, a deal with creditors that a string of distressed high street retailers have already resorted to this year — including Jamie’s Italian and burger chain Byron — in order to avoid insolvency.

Shopping centre landlords Hammerson and Intu are bracing for negotiations with House of Fraser over tenancies and rent reductions after the struggling retailer unveiled restructuring plans that involve store closures, the Financial Times reported. House of Fraser owner Nanjing Xinjiekou, which has not yet disclosed which stores will be affected, said on Wednesday it would look to reach a deal with landlords to reduce its rental bill. Hammerson and Intu are among those landlords that have most exposure to the group.

Brexit and a string of bankruptcies are driving up the cost of UK companies protecting against their customers going out of business, the head of the world’s largest credit insurer has said. Trade credit insurance protects companies against the risk that their customers go bust before paying up for goods or services, the Financial Times reported. More than £340bn of UK trade is being covered by trade credit policies, according to the Association of British Insurers.

British authorities are promising to continue their investigation of Cambridge Analytica, the campaign consultant at the center of the Facebook privacy scandal, even though the company is going out of business, the International New York Times reported on an Associated Press story. Cambridge Analytica announced Wednesday that it plans to file for bankruptcy in Britain and the U.S., saying negative publicity surrounding allegations that it improperly harvested data from millions of Facebook users drove potential clients away. The U.K.