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...The UK Insolvency Service has asked the High Court to ban Lex Greensill from running companies for up to 15 years after investigating the 2021 collapse of his eponymous supply chain finance company....
...IDS is comprised of Netherlands-based parcels business GLS and the UK’s Royal Mail, the postal service and courier company....
...It added that the employee was not a licensed insolvency practitioner, the term for senior professionals who can be personally appointed to run personal or company insolvencies....
...Lex Greensill, the son of an Australian melon farmer, enjoyed a privileged relationship with Whitehall officials as he built his supply-chain finance business....
...She’s done a good job of improving things and cleaning up.” Hudson has also been a vocal proponent of gender equality in the workplace....
...More than 25,000 companies in Britain registered as insolvent in 2023, a 14 per cent increase on 2022, according to the UK’s Insolvency Service....
...As these chains incorporate more automation and digital services, earnings should get a boost....
...The manager has named Ryan O’Connor as its new chief executive and he will take the reins on April 8....
...In this case, it’s the question of human rights abuses in corporate supply chains, specifically European companies and the alleged forced labour of Uyghurs in China’s Xinjiang province....
...Almost 60 per cent of veterinary practices are owned by large companies, up from 10 per cent in 2013, the CMA said....
...While the services sector dominates the UK economy, the country is the world’s eighth-largest manufacturer by output, employing 2.6mn people, according to Make UK....
...It follows a broader trend in professional services....
...Dozens of companies are part of the “EHL Alliance”, allowing them to hold recruitment drives on campus....
...Many now offer services to help clients assess their culture, onboard senior hires, coach executives, or support people promoted internally to step up to their new roles....
...Its collapse endangered thousands of jobs and jeopardised the provision of school meals and the cleaning of hospitals....
...Packer Sanitation Services — a Blackstone portfolio company — is a case in point. Packers is a cleaning contractor for slaughterhouses operated by meatpackers such as Tyson Foods....
...But H2O agreed to loan Windhorst hundreds of millions of euros through a new investment vehicle called Chain Finance....
...A colleague at a Fortune 500 company once told him he was the first black person she had ever had a conversation with....
...“We didn’t want to be the same kind of ETF company as the State Streets and Vanguards of the world, where there’s plenty of what you would call ‘cheap beta’ out there,” says Sean O’Hara, president of Pacer...
...These included the collapses of government contractor Carillion, retailer BHS and café chain Patisserie Valerie....
...The boss of one UK business with more than 15,000 employees told the FT his company had given its entire staff private medical cover, in response to the pressures on state healthcare....
...Stephen Scherr has stepped down as chief executive of car rental chain Hertz....
...The New Yorker has found that many US chains, including McDonald’s, are being supplied with seafood from Chinese companies that use forced labour from North Korea....
...“Many companies in the US, particularly web retailers and financial services companies, have very significant call centre operations in the Philippines,” said JH Whitney’s chair John O’Connor....
...chain disruptions....
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