Fry confirmed that there were three or four seriously interested parties in
the AIM-listed business. Fry said: ‘It is likely there will be a buyer by the
end of the week.’
executive Lawrence Hunt blamed the company’s woes on City analysts rather than
the rising price of oil.
‘When you have analysts who know nothing about our business writing what they
write, it becomes self-fulfilling,’ Hunt said. ‘It’s the analysts who have
killed us. I estimate we have lost £7m of sales in the past six months because
of negative statements by analysts.’
Silverjet had a deal with Viceroy Holdings to inject $25m (£12.7m) into the
company, but the airline got into difficulties at the end of May when it
announced it had yet to receive the first $5m tranche.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements