Eurotunnel was on the brink of winning the support of its bondholders for a
debt rescue deal last night, after weeks of protest from the group.
Creaking under debt and suspended from the trading on the London Stock
Exchange, Eurotunnel has faced intense opposition to its debt restructuring
proposals from the bondholders.
A French court delayed its decision on whether to place the channel tunnel
operator into bankruptcy, which provided Eurotunnel to continue negotiating with
its bondholders Arco, who own a third of Eurotunnel’s £6.2bn debt.
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