Insolvency

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

20 Feb 2018

The Pensions Regulator (TPR) was alerted about Carillion‘s pension failings twice in the past eight years, but only began a...

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Carillion tried to ‘wriggle out’ of pension obligations

29 Jan 2018

Failed outsourcing giant Carillion had been trying to wriggle out of obligations to its pensions schemes for a decade, according...

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Theresa May to tackle excessive bonuses that harm pension schemes

22 Jan 2018

Prime minister Theresa May has vowed to fine company bosses who award themselves excessive bonuses while failing to protect workers’...

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Corbyn vows to end public sector outsourcing

19 Jan 2018

Jeremy Corbyn yesterday vowed to end public sector outsourcing in the wake of the collapse of support services giant Carillion....

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Carillion workers “face uncertain future” after collapse

16 Jan 2018

Thousands of workers face uncertainty after Carillion, the UK’s second largest construction company, went into liquidation yesterday.
The company went...

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employer insolvency

Employer insolvency: What lessons can be learned from Jaeger’s woes?

5 Jul 2017

Jaeger’s problems are the latest warning for employers to know their duties to staff in cases of employer insolvency. Chris...

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Sir Philip Green agrees to pensions payout of £363 million

28 Feb 2017

Sir Philip Green has agreed with the Pensions Regulator to offer a cash settlement of £363 million to plug the...

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Government publishes Green Paper on future of defined-benefit pensions

20 Feb 2017

The Government has launched a consultation into the future viability of defined-benefit pension schemes.

Pensions resources
Consultation launched into corporate...

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Redundancy consultation: protective awards for City Link staff

31 May 2016

An employment tribunal has made protective awards of 90 days’ pay over City Link’s failure to carry out a redundancy...

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BHS-administration

Thousands of jobs at risk as BHS goes into administration

25 Apr 2016

High street retailer BHS has filed for administration, putting around 11,000 jobs at risk.
Its administrators Duff & Phelps said...

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Collective redundancies: five things you should know

10 Dec 2015

There have been a slew of legal rulings related to collective redundancies in 2015, dealing with issues including the meaning...

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Company directors face criminal charges over redundancies

21 Oct 2015

Former company directors in two separate organisations have been charged with criminal offences relating to their failure to follow redundancy...

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Woolworths redundancy case: six years on and clarity at last?

12 May 2015

DLA Piper’s latest case report examines the next steps in the recent Woolworths redundancy case at the ECJ, which examined ...

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Grant Falvey/LNP/REX

Call for evidence launched on collective redundancy consultations in insolvency

24 Mar 2015

The Government has launched a public call for evidence into how collective redundancy consultation with employees works when a business...

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