General Motors is expected to enter into US bankruptcy proceedings today
after agreeing a deal with creditors.
Holder of unsecured bonds worth $27bn (£16.8bn) will receive a 25% stake in
The US government will provide $30bn in extra financing during the motor
company’s stay in Chapter 11 bankruptcy proceedings, reported
GM owns Vauxhall, which employs 5,500 workers in the UK.
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Political and economic uncertainty behind the fall in confidence
Just Racing Services, operating company of the Manor Racing Formula One team has entered administration
Last year 16 oil and gas companies became insolvent, finds Top Ten firm Moore Stephens