After former mayor Ken Livingstone gave the nod, the administrators from
& Young (E&Y) yesterday applied to court to appoint the date when
Metronet can be handed over to Transport for London (TfL).
The hearing of the application for when transfer schemes to transfer the
business undertaken by Metronet to two subsidiaries of TfL will come into force,
will take place on May 23.
E&Y said creditors had been advised of the details of the court hearing
and the terms of the transfer schemes.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
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
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies