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Self-regulation has clearly not worked and proposed changes should not be watered down
Government proposals following a series of scandals would end decades of self-regulation
Decision is part of firm’s attempts to repair image after series of fines and investigations
‘Toxic debt’ becomes growing burden a year after companies borrowed heavily to survive
Elliott’s investment tactics in bankrupt companies assailed by rivals
A forecast wave of post-pandemic business failures should prompt an overhaul
Light-touch regulation raises concerns ahead of expected rush of work as pandemic business support is withdrawn
Audit firms have strong defence against claims: negligence and detriment have to be provable
Business secretary promises ‘cautious approach’ on collection of tax arrears built up during pandemic
Family office plans possible wind-down as prime brokers look to recoup funds
Withdrawal of crisis-era public support as economy recovers risks ‘recessionary dynamic’
Citigroup files applications against some of the metals tycoon’s businesses
New €11bn scheme comes amid mounting concern about business debt
Apollo Global Management is in talks to buy up parts of the business
Private equity owner Cain International shuts 22 restaurants and axes more than 200 staff
Sex toy and lingerie retailer fights to survive hit from pandemic
A dozen institutions vulnerable as student numbers drop and pension liabilities grow
German payments company filed for insolvency after revealing a multiyear fraud
Auditor EY says it found ‘clear indications of elaborate and sophisticated fraud’ at German payments company
Regulator and lifeboat fund to retain their influence over rescue talks after UK government backtracks on proposals to limit their role
Sector says that emergency measures hand too much power to banks
New process likely to be popular but there is room for improvement
Wrongful trading law to be suspended to protect directors who pay staff and suppliers
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