Administrators from Grant Thornton have asked the courts for another year to
sell Esporta’s parent companies as the firm’s fees climbed past £1.3m.
Total professional fees for the last year reached £2.6m including lawyers and
investment bank fees.
Grant Thornton has asked for the administration extensions of Bell Leisure
Investment I and II to 13 August 2009, to enable it to sell Esporta’s 55 leisure
Advisers are looking to pay off main creditor Société Générale to the tune of
Grant Thornton’s fees came from 3,926 hours’ work, at an average of £331 per
The application of robotics in finance functions is moving faster than predicted. Although, companies are cautious in how they are applying artificial intelligence to ensure results first, many are stepping up their investigations
EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government
Carillion has announced the appointment of a new finance director as it reported a rise in first half profits and sales led by strong growth in its support services business
The UK inflation rate hit its highest level in almost two years in July, suggesting that the sharp fall in sterling following the UK referendum to leave the European Union is forcing prices up