Arup, the London-based global engineering company, is being sued in Australia for $2bn by the receivers of a Brisbane toll road that failed because its traffic forecasts proved optimistic, the Financial Times reported. BrisConnections, the company that built a toll road linking Brisbane’s central business district with its airport — which was finished in 2012 — went into administration the following year with debts worth more than $3bn.

Britain’s Monarch Airlines collapsed on Monday, causing the cancellation of hundreds of thousands of holidays, after falling victim to intense competition for flights and a weaker pound, Reuters reported. The failure of Monarch, the largest British airline to go bust, will affect nearly 900,000 passengers in total. It marooned more than 100,000 tourists abroad, prompting what was billed as the country’s biggest peacetime repatriation effort. Its demise added to turbulence in the European airline industry after Air Berlin and Alitalia filed for insolvency this year.

Britain’s Serious Fraud Office will charge two former executives of collapsed oil company Afren on Wednesday with alleged fraud over payments they received via secret companies relating to business deals in Nigeria, Reuters reported. The SFO said in a statement former Afren Chief Executive Osman Shahenshah and former Chief Operating Officer Shahid Ullah would appear at Westminster Magistrates Court charged with two counts of fraud and two counts of money laundering.

The Bank of England said rapid gains in consumer credit could cause U.K. banks to suffer bigger losses than they’re expecting if the economy weakens, Bloomberg News reported. “Lenders overall are placing too much weight on the recent performance of consumer lending in benign conditions as an indicator or underlying credit quality,” the BOE’s Financial Policy Committee said on Monday.

The man behind the Dyson vacuum cleaner expects the U.K. not to strike a Brexit deal with the European Union. While many consider that a worst-case scenario, James Dyson says those trade conditions “frankly are going to hurt the Europeans more than the British.” Dyson was an ardent backer of the Leave campaign last year and doesn’t see a problem with the U.K. defaulting to World Trade Organization rules when it leaves the bloc in March 2019, Bloomberg News reported. The Malmesbury, England-based Dyson Ltd.

Bell Pottinger’s British arm collapsed on Tuesday after the global public relations agency’s clients deserted it over a racially-charged political campaign it ran in South Africa, Reuters reported. After working behind the scenes on some of the most defining moments in recent history, from the election of Margaret Thatcher to the death of Russian spy Alexander Litvinenko, Bell Pottinger crumpled following a scandal of its own making.

Tata Steel has ditched its £15bn UK pension fund after receiving the green light from regulators, boosting the prospects of the Port Talbot steelworks. The company said it had received approval from the Pensions Regulator and that it had separated the British Steel Pension Scheme from its UK business. Tata had claimed that the retirement fund was a financial drag that threatened to pull the country’s largest steelmaker into insolvency, throwing thousands of jobs and a bedrock industry into doubt, the Financial Times reported.

Carillion, the struggling construction and outsourcing group, is shaking up its top team in an effort to turn itself round following a profit warning that left the company’s future in doubt, the Financial Times reported. Finance director Zafar Khan is stepping down under an agreement with Keith Cochrane, the former chief executive of Weir who agreed to temporarily run the company following a shock profit warning in July. Emma Mercer, the finance director of Carillion’s construction arm, will take Mr Khan’s place as CFO.

The boards of West Africa-focused Avocet Mining and its Societe des Mines de Belahouro (SMB) subsidiary will resume talks on Friday aimed at saving the struggling gold operation from insolvency, Reuters reported. SMB, which operates the Inata gold mine in Burkina Faso, is is struggling to keep the mine operating after former workers seized a shipment of gold last year and faces possible insolvency after the expiry of a freeze on loan repayments. The boards of SMB and Avocet, which owns 90 percent of the Inata mine, were to meet on Sept. 8 to consider “all available options”, Avocet had said.

The U.K. has gained potential allies in its bid to hold on to the business of clearing euro-denominated derivatives after Brexit, Bloomberg News reported. Sweden said a European Union proposal to allow authorities to force the biggest foreign derivatives-clearing firms to set up shop in the bloc could prove excessive, according to a Sept. 4 document that summarizes the positions of 10 national governments. Spain highlighted the “considerable costs” a location policy would entail, and Ireland warned that it could leave firms scrambling to find clearing alternatives.