of health club Esporta faced collapse yesterday as its FD, Michael Ball, and
chief executive Neil Gillis resigned from the company.
reports that Societe Generale was seeking to syndicate the £330m funding
package it had provided for Esporta, following the acquisition of the business
by Buckingham Securities for £470m.
source was quoted as saying: ‘It is safe to assume that any hope
the bank had of syndicating the loan was killed stone dead by the resignation of
Read more about Societe
Find out about
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