Insolvency
British Steel collapse puts thousands of jobs at risk
British Steel is to go into administration, putting some 5,000 UK jobs at risk and endangering 20,000 roles in its...
Workers’ rights will remain unchanged in ‘no deal’ Brexit
There will be no change to workers’ rights and protections in the event of a no deal Brexit, the government...
Sports Direct saves House of Fraser from administration
Sports Direct has bought House of Fraser out of administration for £90m. The sports retailer, owned by billionaire Mike Ashley...
Remaining Carillion apprentices to be made redundant
Almost 350 apprentices employed by collapsed construction giant Carillion will be made redundant after alternative jobs for them were not...
Unite seeks legal action against Carillion’s handling of redundancies
Union Unite plans to take legal action on behalf of a group of former Carillion employees who were made redundant...
Carphone Warehouse closes stores as Pret staff get £1000 bonus
Carphone Warehouse is to close 92 stores after the retailer became the latest to issue a profit warning, amid continuing...
Pensions Regulator failed to press Carillion on deficits
The Pensions Regulator (TPR) was alerted about Carillion‘s pension failings twice in the past eight years, but only began a...
Carillion tried to ‘wriggle out’ of pension obligations
Failed outsourcing giant Carillion had been trying to wriggle out of obligations to its pensions schemes for a decade, according...
Theresa May to tackle excessive bonuses that harm pension schemes
Prime minister Theresa May has vowed to fine company bosses who award themselves excessive bonuses while failing to protect workers’...
Corbyn vows to end public sector outsourcing
Jeremy Corbyn yesterday vowed to end public sector outsourcing in the wake of the collapse of support services giant Carillion....
Carillion workers “face uncertain future” after collapse
Thousands of workers face uncertainty after Carillion, the UK’s second largest construction company, went into liquidation yesterday.
The company went...
Employer insolvency: What lessons can be learned from Jaeger’s woes?
Jaeger’s problems are the latest warning for employers to know their duties to staff in cases of employer insolvency. Chris...
Sir Philip Green agrees to pensions payout of £363 million
Sir Philip Green has agreed with the Pensions Regulator to offer a cash settlement of £363 million to plug the...
Government publishes Green Paper on future of defined-benefit pensions
The Government has launched a consultation into the future viability of defined-benefit pension schemes.
Pensions resources
Consultation launched into corporate...
Redundancy consultation: protective awards for City Link staff
An employment tribunal has made protective awards of 90 days’ pay over City Link’s failure to carry out a redundancy...
