Insolvency

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

10 Aug 2018

Sports Direct has bought House of Fraser out of administration for £90m. The sports retailer, owned by billionaire Mike Ashley...

Continue Reading Comments { 0 }

Remaining Carillion apprentices to be made redundant

1 Aug 2018

Almost 350 apprentices employed by collapsed construction giant Carillion will be made redundant after alternative jobs for them were not...

Continue Reading Comments { 0 }

Unite seeks legal action against Carillion’s handling of redundancies

5 Jul 2018

Union Unite plans to take legal action on behalf of a group of former Carillion employees who were made redundant...

Continue Reading Comments { 0 }

Carphone Warehouse closes stores as Pret staff get £1000 bonus

30 May 2018

Carphone Warehouse is to close 92 stores after the retailer became the latest to issue a profit warning, amid continuing...

Continue Reading Comments { 0 }

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...

Continue Reading Comments { 0 }

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...

Continue Reading Comments { 0 }

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’...

Continue Reading Comments { 0 }

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....

Continue Reading Comments { 0 }

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...

Continue Reading Comments { 0 }
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...

Continue Reading Comments { 0 }
BHS-pension-payout

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...

Continue Reading Comments { 0 }
defined-benefit-green-paper

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...

Continue Reading Comments { 0 }

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...

Continue Reading Comments { 0 }
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...

Continue Reading